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Microcap & Penny Stocks : NRPI at a new low but company is making money.
NRPI 0.0620-17.3%Feb 2 9:43 AM EST

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To: *ROSARIO* who wrote (131)1/17/1999 8:48:00 PM
From: JOE TURMAINE  Read Replies (1) of 656
 
ROSARIO, I have no idea where you stand on this stock. I do know that Richard Astrom has been building homes for many years and I know from recent conversations with him that he intends to build many more. For us! In Miami. I expect that the reverse will allow us to do a private placement (or whatever it's called in the US) and we will be able to raise several million of our own dollars to do the building. Unlike many other CEO's Richard did not "leak" his intentions regarding the split. NRPI has been buying back shares and only true believers are still holding paper. The business plan states,"NRPI stock is traded on the bulletin board, with all sights focused on NASDAQ".
With the long depressed stock price NASDAQ could not happen. The consolidation, although generally a very negative option appears to be a reasonable attempt to get this stock in front of real investors. I suggested earlier today that the private placement would be done at $2.50, having dug a little deeper $5.00 may not be out of the question. The stock you bought for $0.60+ back in August may turn out to be a winner after all. Message 5496362
JOE
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