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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: francis terry who wrote (387)5/12/1999 8:11:00 AM
From: PREFSTOCK  Read Replies (1) | Respond to of 656
 
I had HITT also, ouch, lol. News was bad enough to hurt any company like that. Was nice to see the bounce from $6 to $10.
NRPI will trade in a .42 to .65 range until the shareholders or fence sitters get real excited about the direction the company is heading in. That excitement i feel will come on the fruition of some blockbuster developements the company may be working on. I own this stock from pre-split. I didn't really expect much after i saw it tank (thanks to mm's). I hold now and have averaged down to the degree i have because after much due dilligence I truly believe we have a big-time winner. I think the website is being worked on as we speak and the company wants to line up enough deals to propel them onto an exchange. The C.E.O is very motivated in getting it there.



To: francis terry who wrote (387)5/17/1999 12:15:00 PM
From: JOE TURMAINE  Read Replies (1) | Respond to of 656
 
Francis,
>>
Monday May 17, 10:34 am Eastern Time
Company Press Release
National Rehab Properties, Inc. Announces Acquisition Program Activity
MIAMI--(BUSINESS WIRE)--May 17, 1999--National Rehab Properties, Inc. (OTC BB:NRPI - news) has been evaluating opportunities in the Real Estate industry and related industries in Miami, Fort Lauderdale and West Palm Beach, Fla.

The company announces it is aggressively targeting several companies for acquisition and is involved in due diligence. Richard Astrom, President and CEO stated: ''This announcement is being made as these transactions will bring significant assets to NRPI as well as considerable top and bottom line growth. There can be no assurance that the acquisitions will be consummated, however, proper announcement will be made with execution of agreements.''

National Rehab Properties, Inc. builds homes and rehabilitates homes for the ''first time homebuyer'' in the mature established residential neighborhoods of Florida and will continue to do so. Mr. Astrom explained that should the acquisitions be consummated they will substantially influence and accelerate the company's growth.

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: Realtyrich@aol.com
or
Investor Relations:
Patrick M. Rost
PMR and Co.
760/942-0015
E-Mail: PMRandCo@aol.com <<

JOE