To: Bram12345 who wrote (20345 ) 11/4/1999 3:27:00 PM From: JOE TURMAINE Respond to of 25711
Ben, >>National Rehab Properties, Inc. to be Featured on THE TRAVEL CHANNEL Business Wire - November 04, 1999 10:16 MIAMI--(BUSINESS WIRE)--Nov. 4, 1999--National Rehab Properties, Inc. (OTCBB:NRPI) announced today that the Company President, Richard Astrom, will be interviewed on "Wall Street Watch," Saturday, November 6, 1999, 7:30 AM Eastern Time on THE TRAVEL CHANNEL. Richard Astrom, President and CEO stated: "We have now filed the SB2, in order to become a 'fully reporting company,' and we want the investment community to become familiar with our company and its activities." ABOUT THE COMPANY NRPI, based in Miami, is in the business of land acquisition and property development in Florida. NRPI projects are: building single family homes in Miami, 100 homes projected for next 12 months generating $9,000,000 in revenues and $1,500,000 net income; building a 60 unit apartment house in Miami (known as "Granada Grand"), generating $8,500,000 revenues and $2,500,000 net income by 2001; developing a subdivision in Vero Beach in which it is developing the land and building houses (known as "Eagle Trace") generating approximately $18,000,000 revenues and $2,500,000 net income between 2000 and 2001; and a window manufacturing plant in Ft.Lauderdale, Florida. The company filed a form SB2 with the SEC on October 27, 1999 in order to become a "fully reporting company." 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. CONTACT: National Rehab Properties, Inc., Miami Richard Astrom, President and CEO, 305/573-8882 Fax: 305/571-8357 URL: nrpi.com E-Mail: Realtyrich@aol.com or Investor Relations: Stockbroker Relations Inc. Marc Jablon or Warren White, 800/546-7950 Fax: 407/884-0125 E-Mail: sril@gte.net << JOE