"Truly satisfied customers increase referrals and
sales. That's why everybody wins when I send my
clients to Rock Financial."

projects, but he has also been
told that Russia does not have
the $40 million needed for the
shale oil facility, not to mention
the $300 million for the power
plant. He added that "we are
also not prepared to invest in
these projects."
Both proposed projects would
make use of the oil-bearing
shale found in the region. Some
60 tons of the shale were
shipped to Russia for study, and
the Russians told Mr. Shahal
they could produce oil from it at
a competitive price.
Mr. Shahal said he told the
Russians that should the plants
be built, Israel is prepared to
buy all the oil and electricity
produced.

Melanie Cohen, Realtor® Associate, 7 years, Real Estate One, Top Producer - 1993 with over $9 million in sales.

New Projects
For Bio Fund

The Israel Bio Fund has an-
nounced plans to launch 15-20
biotechnology projects in the
next two years. They'll be based
on Israel scientific research and
U.S. marketing support, Dr.
Yoram Karmon said.
Dr. Karmon, who heads the
fund, said leading U.S. indus-
trial investors, including Bax-
ter Healthcare and Merrill
Lynch Vice Chairman Stephen
Hammerman, are supporting
the new vepital fund.
"We were close to reaching
our target of $15 million by the
end of March when the recent
turbulent events occurred. Al-
though the current atmosphere
makes it harder to raise funds,
none of our U.S. investors have
pulled out and we are pushing
ahead at full speed," Mr. Kar-
mon said.

English Investors
Start Fund

Israel Finance Minister Avra-
ham Shohat announced that
English investors are establish-
ing a $75 million dosed fund that
will invest in Israeli stocks trad-
ed in Tel Aviv and New York.
The Israel Capital Develop-
ment Trust board of directors
includes: Roger Brooke, Andrew
Bookstein and Sir Sephen Wa-
ley-Cohen of England and
Samuel Cohen and Michael
Arnon of Israel.

Toys R Us In Israel

Toys R Us will open four stores
in Israel, European Toys R Us
President David Rokeach told
Finance Minister Avraham
Shohat in London. The chain is
expected to open two stores in
the Dan region, one in
Jerusalem and one in Haifa.

When Melanie Cohen went into the Real Estate business she had one simple
goal: To be the best. As a result, Melanie was the Top Producer at Real Estate
One with sales in 1993 of over $9 million. And when it comes to her clients'
mortgage needs it's easy for her to recommend Rock Financial. Why?
Because she knows our goals are the same as hers.

I 1 P 11 Rock

Michigan's Largest Mortgage Bank

Financial

(810) 540-8000

30600 Telegraph Road, Fourth Floor,
Bingham Farms, MI 48025

The Mortgage Bank

Michigan Locations: BINGHAM FARMS • CANTON • ROCHESTER
Ohio Locations: CLEVELAND • COLUMBUS

Rock Financial is
an Inc. 500 fastest
growing company.

Rock Financial is a Fannie Mae/Freddie Mac Approved Lending Institution.

