To: Stock Watcher who wrote (13481 ) 8/16/1999 11:05:00 AM From: Bruce Bland Read Replies (1) | Respond to of 52051
SW, Re:NRPI-PR today and MM's may be a having a little problem. (BSNS WIRE) NRPI Announces Media Agreement to be Aired to Approximately NRPI Announces Media Agreement to be Aired to Approximately 80 Million Households Nationwide Business Editors MIAMI--(BUSINESS WIRE)--Aug. 16, 1999--National Rehab Properties, Inc. (OTC BB:NRPI), announced today that it has signed an agreement, which will provide services to NRPI, which include completion and airing of video and radio productions. It shall provide a viewing and listening audience with a corporate profile of NRPI for promotional purposes. The agreement represents that NRPI's video and radio productions will be aired to approximately 80 million households nationwide providing viewers and listeners with corporate information, including questions and answers in regard to NRPI's business and growth strategies as well as pertinent industry data. The filming should be finished approximately the third week of August in which Richard Astrom, President of NRPI will be hosted. On July 30, 1999 the Company announced that its corporate security attorney had not filed the SB2 due to his recent hospitalization. Richard Astrom, President and CEO then stated that "the attorney is aggressively working on our filing and has given a new target date for filing by August 31, 1999." The completed SB2 with audit will make NRPI a fully reporting company and at that time the company will apply to a national exchange for stock listing. The filing is on schedule to be completed by month end as previously stated. Richard Astrom, President and CEO stated, "we are looking for acquisition candidates and land for large residential rental real estate projects, that will increase company revenues and enhance shareholder profitability." Forward-looking statements in this press release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, competition, completion problems, technological changes and other risks. --30--pp/mi* CONTACT: National Rehab Properties, Inc., Miami Richard Astrom, President and CEO 305/573-8882, (Fax) 305/571-8357 nrpi.com E-Mail: Realtyrich@aol.com KEYWORD: FLORIDA INDUSTRY KEYWORD: REAL ESTATE BUILDING/CONSTRUCTION ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** (BSNS WIRE) NRPI Announces Media Agreement to be Aired to Approximately NRPI Announces Media Agreement to be Aired to Approximately 80 Million Households Nationwide Business Editors MIAMI--(BUSINESS WIRE)--Aug. 16, 1999--National Rehab Properties, Inc. (OTC BB:NRPI), announced today that it has signed an agreement,