Profitable Developments, Inc. Outlines Strategy to the Market
October 07 2013 - 7:29AM
Marketwired
Profitable Developments, Inc. Outlines Strategy to the Market
President of PRDL Talks Directly to Shareholders About an
Imminent Land Contract as Well as the Future of the Company
NEW YORK, NY--(Marketwired - Oct 7, 2013) - Profitable
Developments, Inc. (OTC Pink: PRDL), a Property Development
Company, today outlined their Corporate Strategy to the Market in a
letter from the Company's President, Carl Grant.
To kick off the Strategy, PRDL's President announced that it is
gearing up to announce details of a Letter of Intent to buy Prime
Beach front land on the Gulf coast of Florida. Mr Grant commented
that, "the ink is still drying and more details will be announced
in the coming weeks, but we have agreed to acquire a quantity of
land parcels on the Coral Coast, Florida. I'm particularly excited
about this one as Cape Coral is located on Florida's heavily
bankable Gulf Coast."
The Company has secured land, each waterfront and each with
planning permission for residential property use giving the
business a significant interest in the area and giving the Company
a real head start in its Land Bank Program.
The Letter from the President sets out that the Board approved a
3-tiered plan to start three separate investment programs
internally: A Property Investment Fund Program, A Real Estate
Program, including an ethical housing scheme and a Land Bank
Program which identifies undervalued Prime land in places like
Florida, Belize, Thailand and Greece.
In the letter to shareholders, Mr. Grant states: "As you can
see, we have already started to enact its business plan and I am
happy to share that plan more widely with Shareholders via our
website. As we sign any contracts, we will be releasing this news
to you in order to keep you informed and the great news is that the
Company is already putting is business plan in action."
Profitable Developments, Inc. recently introduced the new Board
to the Markets and more details can be found on their website which
is www.profitabledevelopments.com
About Profitable Developments, Inc. Profitable Developments,
Inc. is Property Development Company listed on the OTC markets as a
Current Information company. Specializing key locations globally in
both underprice land as well as in Property; the Company has an
aggressive strategy to capitalize on the rising prices of Real
Estate.
Their website can be found by going to
www.profitabledevelopments.com
Forward-Looking Statements This press release may
contain forward-looking statements, including information about
management's view of Profitable Developments, Inc.'s future
expectations, plans and prospects. In particular, when used in the
preceding discussion, the words "believes," "expects," "intends,"
"plans," "anticipates," or "may," and similar conditional
expressions are intended to identify forward-looking statements.
Any statements made in this news release other than those of
historical fact, about an action, event or development, are
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of Profitable Developments, its subsidiaries and concepts
to be materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse effects on Profitable Developments' future
results. The forward-looking statements included in this press
release are made only as of the date hereof. Profitable
Developments cannot guarantee future results, levels of activity,
performance or achievements. Accordingly, you should not place
undue reliance on these forward-looking statements. Finally,
Profitable Developments undertakes no obligation to update these
statements after the date of this release, except as required by
law, and also takes no obligation to update or correct information
prepared by third parties that are not paid for by Profitable
Developments.
CONTACT: Profitable Developments, Inc.
Info@profitabledevelopments.com
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