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Microcap & Penny Stocks : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?


To: slotman who wrote (247)1/16/1999 2:25:00 PM
From: slotman  Respond to of 656
 
National Rehab Properties, Inc.

MIAMI, Fla.--(BUSINESS WIRE)--Jan. 16, 1999--National Rehab Properties, Inc. (OTC-BB:NRPI) The Board of Directors and majority shareholders today announce a reverse stock split of company stock on a 10 to 1 basis effective at close of business January 15, 1999.

As a result of the reverse split, management feels that the company will be better able to implement the Company Business Plan.

Certain of the above statements may be forward-looking statements that involve risks and uncertainties. In such instances, actual results could differ materially as a result of a variety of factors, including competitive developments and risk factors listed from time to time in the company's SEC reports.

CONTACT:

National Rehab Properties, Inc.

Richard Astrom, 305/573-8882

KEYWORD: FLORIDA

BW1355 JAN 16,1999

7:46 PACIFIC

10:46 EASTERN




To: slotman who wrote (247)1/16/1999 11:20:00 PM
From: Don Metzger  Read Replies (2) | Respond to of 656
 
slotman:Yes I just came up and I read the news release.Big "SCREW"
unless he can bring news that they made money or made NASDAQ listing or some such.That means if NRPI isn't full of crap,then they should
earn 2.00 net for the year.Hell who knows but every stocksplit I have
been in has been the kiss of death and I don't think any different
now!!!!!! Don