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To: SSP who wrote (51865)6/20/2000 11:05:00 AM
From: Bidder  Respond to of 150070
 
NRPI NEWS TODAY!Tuesday June 20, 9:50 am Eastern Time
Company Press Release
National Rehab Properties, Inc. Exceptional Trading Volume
MIAMI--(BUSINESS WIRE)--June 20, 2000--National Rehab Properties, Inc. (OTCBB:NRPI.OB - news) announced today that for the week of June 12, thru June 16 the stock volume of the company was 39,794,400 shares. As of June 11, 2000 the Total Stock issued and outstanding is 30,383,294. (free trading shares 19,402,012; 10,981,282 restricted shares)

This release emphasizes the company intention to keep investors informed about operations. Recent issuance of stock was from the acquisition of Encore Services Inc. It is not the company plan to issue additional stock for future acquisitions at this time.

On June 15, 2000 the company participated in the Discovery Expo 2000 at the New York Hilton. 80 companies participated and brokers, analysts, and sophisticated fund managers reviewed the companies and talked with executives and delegates of the companies. Management of NRPI attended and met many important contacts, as well as present and future stockholders of the company.

ABOUT THE COMPANY

NRPI, based in Miami, is a fully reporting company. The company's business is real estate development. NRPI projects are: 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; building a 60 unit apartment house in Miami known as CONQUISTADOR PLAZA, generating $8,500,000 revenues and $2,500,000 net income by 2001; developing a subdivision in Vero Beach, Florida, known as EAGLE TRACE. EAGLE TRACE is a heavily deed restricted, walled, gated community with a lake in the center. NRPI will build houses and sell lots to other builders. The sale of the lots in EAGLE TRACE will generate $1,500,000 net income in year 2001. A 100 unit condominium project known as COSTA DEL SOL, located on Flagler Street in Miami, which will generate $10,000,000 in revenues and a $3,000,000 profit to the company in year 2002; ENCORE SERVICES, INC. is a licensed Florida contractor, which is licensed to obtain building permits and build the company developments. The company is seeking acquisitions and land for real estate developments.

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
nrpi.com
E-Mail: www.RA@NRPI.com



To: SSP who wrote (51865)6/20/2000 11:15:00 AM
From: Due Diligence  Read Replies (1) | Respond to of 150070
 
CCAA looking solid. B/A raised .02 on only 21900 shares. May be the accumulation is starting to show. Maybe the S&P listing getting some attention?
DD



To: SSP who wrote (51865)6/20/2000 11:26:00 AM
From: Taki  Read Replies (1) | Respond to of 150070
 
Facts on Shell stocks like.CHIP,NIFI,SNLV,and others.
Reverse Mergers: The New Alternative to IPOs

By Jack Burney
05/17/2000 05:28 AM CST

The best known way for a young company to raise capital is the Initial Public Offering, the
?IPO,? and most investors know what that is. An investment banking firm lines up a consortium
of brokers and brings out the shares of a company to be traded on the open market. These are
often the very first shares of the company that are available to the general public.

If the company already has a recognizable name and there is a lot of hype surrounding the
offering, only the brokers? best customers will get a chance to buy the stock at the offering
price. Conventional wisdom says that the stock price will likely rise well above the offering
level, sometimes even doubling or tripling or more. That means that average investors who
want to get a piece of that company end up paying several times as much they would have
liked, because they have to wait for someone to sell the IPO shares they bought only hours or
days before. But, unfortunately, that was the only way for them to get in ?early?. So, once the
stock hit its initial peak and started to go down, the fat cats who were really in early on the
IPO would sell and make a fantastic profit.

Besides alienating the majority of the investing public, there are two other problems that now
plague somewhere around fifty percent of all new IPOs. First, IPOs are no longer a sure bet to
rise, or even to be sold out. All too often, the price opens at the set figure and immediately
declines, sometimes taking months to sell out. Second, the IPO process takes a lot of time and
money to complete. For many companies that is simply not an option, or at least not a winning
situation. Time and money are the most precious commodities a fast-moving 21st century
start-up has, and if there is no guarantee of success, it can be a very risky investment for the
company to make.

That has left thousands of companies wondering why they should go through all the hassles
with underwriters, lawyers, accountants and the SEC mess, if there?s another way that is
quicker, cheaper and often has an equal or even better chance of succeeding.

That other way has proven to be the ?reverse merger.? Not nearly so well known as the IPO,
it is being used with increasing frequency by young companies who want to ?go public? without
the long wait, the prohibitive expenses and the need to jump through as many SEC hoops.

An example of its use were reported on this page in recent days. Oleramma, Inc. bought
BuckTV.com Inc. (OTCBB: BKTV) with stock and then assumed its name and trading
symbol. The company became ?publicly traded? quickly and inexpensively ? in 30 to 60 days
with minor expense. That?s what the reverse merger is most often all about, a short cut to OTC
Bulletin Board status.

For young aggressive companies that are anxious to raise initial capital to fund their operations
and to get its stock out there, appreciating in value, the reverse merger is more and more often
the path they take. The hang-up is finding the right company in the mood to sell. It helps if the
company is in a similar or related business, but it isn?t necessary. Many times they end up
merging with a ?shell? company that has little or no existing operations, just a publicly traded
stock. Whatever suitor is chosen, the end usually justifies the means.

Once the reverse merger is consummated, the real struggle begins. The company that was
taken over usually wasn?t doing that well or traded very widely, or it wouldn?t have had to sell
out. The surviving management then has the formidable task of building name recognition and a
viable investor base for their ?new? public company. Many rely on professional public relations
and investor relations assistance to help them spread the word and generate investor interest.

The reverse merger is one type of financial event that investors may want to pay closer
attention to in the future. Companies who pull them off are usually aiming for aggressive
growth. That means that if you know what to look for, you can often get in on the ground floor
of some real winners, much like the fat cats have done for years with the hyped up IPOs. So
watch for news and make sure you do your research, but don?t overlook those reverse
mergers. You never know what you?ll find.

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