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Past Profile

eBlast
HouseRaising, Inc. (OTCBB: HRAI) 
August 2nd, 2005.

 
 HouseRaising, Inc. (OTCBB: HRAI) 

Dear Reader, 

With the recent activity in HouseRaising, Inc. (OTCBB: HRAI) stock for the past few trading days, it has become the stock price I check first every morning.  And this morning someone is showing HouseRaisng some love.  The sudden increase in price and volume today woke me up and within 5 minutes I had the founder and president, Bob McLemore on the phone.  In his usual low-key fashion, Bob explained that today's news, which provides some new guidance on the last half of this year, was positive and it might be a good idea to get that information our to our readers.  A quick look at revenues for last year in comparison to what is expected for 2005 will give you an idea of just how good, good is.  Keep in mind that last year (2004) HRAI reported total revenues of just over $159,000.  Today's news release (below) indicates that HRAI has $3 million in pre-sold projects expected to be completed and booked during the last two quarters of 2005.  HRAI also noted that it has another $5 million in its sales pipeline and expects to sell approximately $10 million in design/build and renovation projects during 2005.   That's how good, good is - and that's pretty darn good!

Please read our initial profile on HRAI by HERE

And please take a moment to peruse today's Breaking News from HRAI.
 
    Today's BreakingNews >From HouseRaising

Press Release 
Source: HouseRaising, Inc.
Tuesday August 2, 7:30 am ET

HouseRaising Issues Update and Guidance for Second Half of 2005
Board of Directors Approves Strategic Growth Plan - Details Initiatives

CHARLOTTE, N.C., Aug. 2 /PRNewswire-FirstCall/ -- HouseRaising, Inc., (OTC Bulletin Board: HRAI - News; "HouseRaising" or the "Company") today issued an update and financial guidance for the second half of 2005, providing a platform for expanded growth in 2006.

Gregory J. Wessling, HouseRaising's Chairman and CEO announced today that the company has reached a milestone in its development and established financial guidance for the remainder of 2005. Mr. Wessling stated: "During July, the company developed a relationship with Wachovia Corporation as a strategic partner to assist us in securing funding for our immediate and long- term needs. Additionally, HouseRaising is implementing an ambitious strategic plan which is expected to accelerate the Company's growth and geographic presence. Accordingly, the Company's Board of Directors has approved a far- reaching set of initiatives to assure the successful implementation of the strategic plan."

COMPANY ISSUES REVENUE UPDATE AND GUIDANCE FOR SECOND HALF OF 2005:

Current Revenues: HouseRaising has approximately $3 million in pre-sold design/build and renovation projects under construction that are expected to be completed in Q3 and Q4. HouseRaising currently has an additional $5 million in its sales pipeline, representing customers who have engaged HouseRaising to develop plans and firm prices for their projects which are expected to become active home building projects during Q3 and Q4. In total, HouseRaising expects to sell approximately $10 million in design/build and renovation projects during 2005. The company reports sales revenues when projects are completed and closed, not when sales are placed under contract, thus revenues are booked 8 to 10 months following sales.

COMPANY DEMOS SYSTEM C TO HRAI BOARD:

Update of System C Development: During its regular Board meeting held on Thursday, July 28th, HouseRaising's management team presented its latest version of System C as a management "tool" and detailed how the Academy will function as the "school" in teaching employees how to use the system. Having reviewed details of the system and its user friendly interface, the Board expressed enthusiasm and excitement over the system and approved the final development stage which HouseRaising believes can be operational by October 2005.

BOARD APPROVED INITIATIVES:

Board Approved Initiatives: During the July 28th board meeting, management recommended a five-tiered initiative for the second half of 2005, for the Board's input and approval. These updates are for shareholders and potential investors' information only and are not to be construed as a commitment by the company that they can be accomplished by year-end. The Board unanimously approved management pursuing the following initiatives and goals:

  1. The terms and immediate closing of the LearnBytes acquisition.
  2. HouseRaising's CFO, Richard von Gnechten to expend time and resources to begin implementing policies and procedures designed for HouseRaising to become Sarbanes Oxley compliant well-ahead of schedule for small businesses.
  3. Management's pursuit of recruiting up to 25 additional homebuilders into the HRAI organization by year end.
  4. Management's current efforts to lease an existing 26,000 square foot building in Charlotte to become the company's first design center and corporate headquarters.
  5. Management developing a national marketing plan and strategy that would include efforts designed to attract co-marketing partnerships with the retail community within the homebuilding and remodeling industry.

Mr. Wessling stated: "These initiatives are solid business practices that will allow HouseRaising to accelerate implementation of our business plan. The opening of our first design center is exciting, and the LearnBytes acquisition will not only speed up completion of our system, their extremely talented staff will manage System C and HouseRaisingAcademy's national operation."

What We Are: Functioning exclusively in the custom homebuilding arena, HouseRaising, Inc. is a Managed Service Provider that will revolutionize the way custom homes are designed and built.

What We Do: Performing the role of "General Manager," HouseRaising manages design and build projects with services that improve the quality of the home and the homebuilding experience while lowering its total costs by 10% or more. By providing managed services to homebuyers, builders and vendors, HRI turns complicated custom home and renovation projects into financially sound and fun endeavors.

How We Do It: Operating from a national control center and zone design centers located throughout the country, HouseRaising personnel utilize a patent-pending process to define and manage every step in designing and building custom homes.

Before investing in the project, homebuyers visit HouseRaising design centers which display every component that goes into a new home, allowing customers to examine the quality and make selections. While meeting with homebuyers and the builder, HRI consultants develop turn-key sales prices; select specifications and create workable contracts; design the home; obtain architectural and engineering approvals; prepare accurate budgets; arrange and manage financing; and coordinate projects through affiliated builders and vendors committed to providing quality products and services for fixed prices.

Our Market Potential: Of the 500,000 custom-home projects built by 250,000 small builders in America each year, every one of them could benefit from HouseRaising's managed services. HouseRaising sells its services through a two-channel marketing and sales approach. Channel #1: HRI approaches the small custom builder with existing buyer clients who need HouseRaising's services. Channel #2: HouseRaising markets its services directly to homebuyers who need quality builders for their projects.

For more information, please visit our website at http://www.HouseRaising.com/.

CERTAIN INFORMATION CONTAINED IN THESE MATERIALS IS "FORWARD-LOOKING" INFORMATION, SUCH AS PROJECTIONS, ESTIMATES, PRO FORMAS, OR STATEMENTS OF INTENTIONS, EXPECTATIONS OR PLANS. ALL FORWARD-LOOKING INFORMATION IS SUBJECT TO KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, MANY OF WHICH ARE OUTSIDE OF THE CONTROL OF THE COMPANY. CONSEQUENTLY, ACTUAL RESULTS MAY, AND PROBABLY WILL, DIFFER MATERIALLY FROM THE RESULTS CONTEMPLATED IN SUCH FORWARD-LOOKING INFORMATION.

Source: HouseRaising, Inc.
 
    About HouseRaising, Inc. 

HouseRaising Inc. (HRI) (OTCBB: HRAI) operates exclusively in the custom homebuilding arena as a Managed Service Provider intended to revolutionize the way custom homes are designed and built by small homebuilders. 

What They Do:
Functioning nationally as the project’s “General Manager,” HouseRaising improves the quality of the home and the homebuilding experience while lowering total costs by 10 to 15%.  By administering its managed services for homebuyers, builders and vendors, HRI turns complicated custom home and renovation projects into financially sound and fun endeavors. 

How They Do It:
Operating from a national control center and zone design centers located throughout the country, HouseRaising personnel utilize a patent-pending process that defines and manages every step in designing and building custom homes. HRI develops sales contracts, designs the homes, obtains architectural and engineering approvals, prepares specifications and accurate budgets, arranges and manages financing, produces and coordinates affiliated builders and vendors that are committed to providing quality products and services for fixed prices. 

HRAI's Market Potential: 

Of the 500,000 custom-home projects built by 250,000 small builders in America each year, every one of them could benefit from HouseRaising’s managed services.  HouseRaising sells its services through a two-channel marketing and sales approach. 
Channel #1:  HRI approaches the small custom builder who has existing buyer clients who need HouseRaising’s services. 

Channel #2:  HouseRaising markets its services directly to homebuyers who need quality builders for their projects.
When 1% of the buyers or builders developing the 500,000 projects choose HRI to manage their projects, HouseRaising will create homes valued at $2.25 billion with cash flow of $90 million. Management believes that when HouseRaising is fully operational and properly presented to buyers and builders across America, it is realistic to expect that between 1% and 5% of the 500,000 projects will use these services, making HouseRaising one of the largest companies in the industry. 

Subsidiaries:
HouseRaising currently owns and manages three wholly owned subsidiaries.  Each subsidiary functions as a profit center for HouseRaising, Inc.
• HouseRaising USA (HR-USA) functions as a marketing channel directed to custom homebuyers.
• HR Custom Builder Division works directly with custom homebuilders around the nation.
• HouseRaisingAcademy (HRA), is an Internet-based technology company providing management software, support structure and consulting for all HouseRaising activities.
aaaa
HouseRaising’s marketing focus is to operate under the radar screens of large builders and become ...

"A national company 
of local homebuilders.” 

Up to 6,000 small homebuilders selling and building 2 or 3 homes or 4 to 6 renovation projects annually in out of the way places, is expected to produce sales revenues equal to some of the nation’s largest homebuilders. 

HouseRaising establishes builder relationships in large cities, but its emphasis is on developing multiple-builder relationships in 
small towns across America

  Investment Considerations

Major HRAI Advantages

  • Patent-pending management system provides “one-stop shopping” for custom homebuyers and homebuilders
  • Highly experienced management and board
  • Company is advancing national business development ahead of schedule through Strategic Partnership with CitiMortgage and pending acquisition of Florida-based Integrity Contractors
  • Addresses market realistically valued at $2.25 billion generating annual cash flow of approximately $90 million
  • In first quarter of 2005, Company obtained new contracts totaling more than $2.4 million in sales that are projected to be completed within an average of 9 months
  • Company’s unique national business strategy and its turn-key solution for one-of-a-kind residences have no direct competitors in the custom homebuilding industry
   Other Recent News From HouseRaising

Press Release - Thursday June 23, 8:00 am ET 

HouseRaising, Inc. Appoints Gregory Wessling Chairman and Chief Executive Officer

To read the entire release and disclaimer, the link is HERE

Press Release - Friday June 17, 12:58 pm ET

HouseRaising Discusses Interim Financing Provided By Its Founder

To read the entire release and disclaimer, the link is HERE

Press Release - Tuesday June 7, 8:00 am ET 

HouseRaising Introduces System C - A Unique Process That Can Enable 500,000 Families and 250,000 Builders to Make Custom Home Building a Financially Sound and Fun Experience

To read the entire release and disclaimer, the link is HERE


Press Release - Tuesday May 17, 8:00 am ET 

HouseRaising, Inc. Appoints Former Lowes Executive to Its Board
Gregory J. Wessling, Former Senior Executive 
and 33-Year Veteran of Lowes Companies, Inc., 
Joined HouseRaising's Board of Directors

To read the entire release and disclaimer, the link is HERE


Press Release - Wednesday May 11, 1:58 pm ET 

HouseRaising Completes Acquisition of Integrity Contractors and Declines the Opportunity to Acquire COBS

To read the entire release and disclaimer, the link is HERE
a
    Financial Highlights For HouseRaising
a
Sector: Industrial Goods
Industry: General Contractors
Market Cap: $18.3 million
Avg Daily Vol: 51,826
52 week range: $0.14-$3.15
Recent price $0.48 (08-02-05)
Shares O/S:  38,126,787 (as of 04-29-05)

To view the latest SEC filings from HRAI on the SEC Web site, the link is HERE
a
    To Contact HouseRaising, Inc.

4801 East Independence Blvd., Suite 201, Charlotte, NC 28212
Phone: 1-866-365-HRAI (4724) - Fax: 704-536-0928
Web Site: http://www.houseraising.com


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