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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: StandFast who wrote (273)1/19/1999 12:22:00 PM
From: Taki  Read Replies (2) | Respond to of 656
 
MIAMI, Fla.--(BUSINESS WIRE)--Jan. 16, 1999--National Rehab Properties, Inc. (OTC-BB:NRPI - news) 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.
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Contact:

National Rehab Properties, Inc.
Richard Astrom, 305/573-8882