News HouseRaising Launches Custom Homebuilder Membership Program JRP Properties, Concord, NC, is the First Member to Sign Up for the Multifaceted Program That Addresses the Unique Needs of the Custom Homebuilder Jan 26, 2006 6:00:00 AM CHARLOTTE, N.C., Jan. 26 /PRNewswire-FirstCall/ -- HouseRaising, Inc. (OTC Bulletin Board: HRAI), a provider of patent-pending software that is utilized in managing the homebuilding process for affiliated custom homebuilders, today introduced its Custom Homebuilder Membership Program. The program, the first of its kind in the nation, will consolidate small builders into an organized network that addresses unique business, financial and educational needs of the custom homebuilding community.
Greg Wessling, chairman and chief executive officer of HouseRaising, reported that JRP Properties of Concord, NC, has joined as the first member of the Custom Homebuilder Membership Program. JRP Properties, a partnership of Jennifer Price, Ronda York and Phyllis Herschenfeld, builds and remodels homes in the Charlotte, NC, area.
Wessling explained that the HouseRaising Custom Homebuilder Membership Program confers on small homebuilders many advantages currently enjoyed only by large builders, including:
- Better rates in purchasing insurance, such as liability, workman's comp, builder's risk and group health, among others, as well as access to national vendor relationships and discounts on vehicles, equipment and services; - Access to knowledge and business development support and procedures that have never before been available to small builders; - The homebuilder's own website, with photos, which is produced and hosted by HouseRaising and is linked to the HouseRaising network of designs, portfolio plans and localized pricing information; - Internet access to specifications and building standards and forms for contracts as well as access to a network of affiliated members in the homebuilding community to share information; - Internet-based information system that covers policies, procedures and check-sheets gleaned from forty years of experience in every critical area of custom homebuilding; and an - Opportunity for builders to expand their memberships to become affiliated builders within the HouseRaising community. JRP Properties Managing Partner Jennifer Price said that after 20 years of building and remodeling homes that she was delighted "to find an organization that would give our company access at discount prices to such necessary and costly insurance as workman's comp." She also expected that the company would take advantage of HouseRaising's policies and procedures developed from decades of experiences in the custom home business and benefit from discounts offered by the national vendor program.
In welcoming JRP Properties to the HouseRaising Custom Homebuilder Membership Program, Wessling said, "HouseRaising is dedicated to meeting the needs of the nation's 250,000 custom homebuilders."
"We will begin an outreach campaign in February to this huge, untapped market of businesses that can profit from HouseRaising's services," he added. "Although the Membership Program requires a payment of $1,000 initially and $200 monthly, we believe members will recognize that its cost is repaid many times over in savings on items they would have bought anyway."
Wessling noted that the Membership program is an efficient and cost effective way for HouseRaising to introduce its proprietary software and services to the custom-homebuilding community.
ABOUT HOUSERAISING, INC. (HRAI.OB)
HouseRaising, Inc. functions as general manager of projects, assisting affiliated builders from design and cost estimation to construction. Utilizing its internal use software, HouseRaising assists builder-members who have expanded their membership relations to become affiliated builders in improving the quality of the home while lowering the overall cost. HRAI offers memberships the opportunity to gain knowledge developed from 40 years of custom homebuilding. Though HouseRaising believes the knowledge alone is sufficient to attract builders, members also buy materials, equipment and insurance at wholesale prices. It also custom builds homes. For more information go to http://www.houseraising.com
FORWARD-LOOKING STATEMENTS
This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.
SOURCE HouseRaising, Inc.
---------------------------------------------- Karen Willoughby Investor Relations of HouseRaising Inc. +1-866-365-4724 or Karen.Willoughby*HouseRaising.com; or Investors Arun Chakraborty +1-212-888-0044 or achakrab*sternco.com or Media Stan Froelich +1-212-888-0044 or sfroelich*sternco.com both of Stern & Co. for HouseRaising Inc.
Posted by keithsan on :
in at .29 adn .32 see what happens.
will get out on the quick if she don't move.
Posted by keithsan on :
i get in and volume dies hmmmmm
Posted by keithsan on :
why did i buy this pos. LOL
looks like its going in the long hold pile.
Posted by Livinonklendathu on :
Check out all of the insider buys - peeps is loading up
OK I'm locked and loaded. This one has got something up it's sleeve. Keith, I think you should average down if you're still holding.
OS is 43 million shares and it's almost bottomed.
Add all those inside buys...
Posted by Danny12345 on :
just bought myself some
Posted by SimplePlan on :
danny what price you get in? .21?
Posted by Danny12345 on :
.22
Posted by SimplePlan on :
I got lucky and filled at .20, didn't think it would, now its time to bounce up!
Posted by keithsan on :
its been brutal.
Posted by Jelly on :
an uptick...lol, I'll take it.
Posted by kit on :
I just got in at .20, ot it can go up, up, up.
Posted by Jelly on :
getting some action today...ask at .23
Posted by Jelly on :
Who's in this? Keith, any chance you averaged down..Up .055 so far.
Posted by kit on :
ack...ask at .27 I already got out at .22...still playing conservative. Too bad for me.
Posted by Danny12345 on :
i am still in this one
Posted by PCola77 on :
I'm in this one at .22
Posted by Livinonklendathu on :
yea, still got my small bag here, lol.
Posted by Jelly on :
ask at .285, what a spread..they gotta tighten that up.
Posted by Livinonklendathu on :
there we go .27 now bring that bid up just a little...
Posted by Jelly on :
WOW! Here it goes..ask at 29 and HIT!
Posted by sunny on :
Congrats to those who bought in this earlier...looks like a nice play!
Posted by grandma007 on :
Yeah, it sure seems like a nice play. Did not have the guts to buy some at 0.23
Posted by Jelly on :
Finally, they tighten it
.29 x .30
Posted by Phoenix on :
Nice play..wish I was in! hehe.
That MM 5-wall at .30 just collapsed. Course once I saw NITE abandon it, I began to wonder..
Posted by PCola77 on :
At what point do you consider it too greedy to hold on. I made 50% on $1500. Typically I'd say that's worth selling even if I thought it may still go up. What do you guys think?
(However, I can't sell because it would be a free ride or whatever, so I have to hold til the funds clear which I thiink will be tomorrow or Friday. Hopefully it doens't fall back off much by then)
Posted by sunny on :
WOW!!!! Up to .38....what a run!
Posted by Phoenix on :
quote:Originally posted by PCola77: At what point do you consider it too greedy to hold on. I made 50% on $1500. Typically I'd say that's worth selling even if I thought it may still go up. What do you guys think?
(However, I can't sell because it would be a free ride or whatever, so I have to hold til the funds clear which I thiink will be tomorrow or Friday. Hopefully it doens't fall back off much by then)
Who's your broker?
Posted by PCola77 on :
Scottrade
Posted by Phoenix on :
I have Scottrade, and I dont think you will have an issue, but dont quote me on that...
Posted by sunny on :
Personally, I'd sell...My philosophy is to take my profit...especially if I was lucky enought to be up %50 like you...
Phoenix, you still in CGHI???
Posted by Phoenix on :
Yup, from .134, Sunny.
How ya been?
edit: and I agree with Sunny Besides, even if they pissy with you on it, you generally get 2 free screwups...
Posted by Jelly on :
ALWAYS take profits! ALWAYS. Go with your gut! Greed will KILL you!
Posted by kit on :
What's the deal with the free ride? I saw that last week (or maybe the week before) and I called Scottrade to ask them if that means I can't sell. They told me it's OK to sell...I do it all the time now. Maybe I misunderstood? I'm just starting out, so would appreciate more info about this.
In the meantime...I'm kicking myself BIG TIME for selling this morning at .22!
Posted by Phoenix on :
quote:Originally posted by Jelly: ALWAYS take profits! ALWAYS. Go with your gut! Greed will KILL you!
I think his issue was the "free ride"...but I think some brokerages are not enforcing it, unless you commit the grievous sin of 4 daytrades in 5 business days...
Posted by Livinonklendathu on :
I'm out with 45% gl dudes and dudettes Posted by Jelly on :
When you sell half your shares, and get your original investment back and ride out the free shares.
Is that what your talking about?
Posted by Phoenix on :
Kit's talking about the settlement rule.
My experience with Scottrade is quite frankly, they dont give a crap, unless you do what I mentioned in my above post.
Posted by sunny on :
Amen.
Hey Phoenix, doing well. Still trying to make some money....lose some and win some...
I played CGHI and made some $$$. Yeah!
Posted by Phoenix on :
I dont own enough to sell yet..hehe
Posted by Danny12345 on :
no jelly. I think he meant that using unsettled fun to buy and sell again. I think the first time is ok, 2nd probation on account, 3rd i forgot. YOu can sell it no problem, if you drive to the broker and pay them with a check the same day you sold it.
Posted by sunny on :
Oh I played CGHI about a week ago.....probably should have just held, but you never know about those things...
HRAI will probably be good for a few bounce plays over the next few days!
Posted by Phoenix on :
quote:Originally posted by Danny12345: no jelly. I think he meant that using unsettled fun to buy and sell again. I think the first time is ok, 2nd probation on account, 3rd i forgot. YOu can sell it no problem, if you drive to the broker and pay them with a check the same day you sold it.
Actually, it's pay before the stock settles...
Posted by Jelly on :
ahhh.
I know with Etrade if you use the funds to buy something, you can't sell for 3 days unless you put more funds into the account to cover. If you do, restriction for 90 days.
Posted by kit on :
Oh gosh...I'm confused and worried now...I've done this, buy and sell with unsettled funds, a bunch of times in the last 2 weeks. I didn't get any notices or restrictions. I'm going to call Scottrade again and try to get a better understanding of this.
Posted by Phoenix on :
I dont think it's an issue with them unless you do 4 roundtrips in 5 days. A roundtrip is when you buy and sell the same stock in the same day.
edit: pushing your luck is never good, of course..
Posted by PCola77 on :
Sorry, I was on a conference call for a bit. Basically my concern is that I sold some stock on Tuesday and used that money to buy this one. Scotttrade said if I sell this stock before the money from my sold stock goes through then it was a free ride and I am subject to penalties. If Phoenix is correct tha Scottrade doesn't care, then it's no big deal. I just didn't want to get my accout susepended.
Posted by BuyTex on :
in my experience, they e-mail you a coupla times, or call you on the phone. All you have to do is run a check by or close out another position to cover... I think it's worthwhile to visit your branch office ocassionally--I'm on a first-name basis with several at the local branch...never hurts
Posted by vg on :
I like this got in yesterday and i'm riding free now. And its still stooting up
Posted by SimplePlan on :
What is making this stock move? Kicking myself for getting out w/ 90% profit yesterday LOL! shoulda kepts some free shares, who knew
Posted by lilpennypincher on :
Thanks for the heads up here Jellz........In at .23 out at .44! MUAAAAH!
Hey guys!
Posted by SimplePlan on :
Hey guys, im new and don't know much but what made you guys hold overnight? Bought at .20 and got out at .38. I got out because 90% seemed to be good enough, and the buying pressure seemed to stop. Don't stocks usually drop after going up so much in one day with no news? Any advice would be appreciated
Posted by keithsan on :
quote:Originally posted by keithsan: why did i buy this pos. LOL
looks like its going in the long hold pile.
i guess thats why i bought Posted by SimplePlan on :
This stock is still rising. .53!! Why did I sell * .38!!!!! Are any of you still in this? Why did you hold? Was there news that I didn't see???
Posted by Jelly on :
I'm working on getting out today.
Posted by PCola77 on :
I'm still in it. Got in at .22
Held after Wednesday close only because I was afraid of discipline for a free ride, but since it kept going up, I've kept it. I'll probably get out around .50 if it drops back down to there, and I'll keep bumping up my sell price if it keeps going up. For me it has nothing to do with news, or holding it because I "know" something. Pure luck for me.
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Besides, even if they pissy with you on it, you generally get 2 free screwups...
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