Stratton Holdings Changes Name to Profitable Developments

Stratton Holdings Changes Name to Profitable Developments

Stock Recap Assists in rebirth of Company

Orlando, FL, December 21, 2012, Profitable Developments, Inc. (PK:STHG), Stratton Holdings receives approval from FINRA to rename the Company to Profitable Developments, Inc.  The Name Change, as well as a Reverse Split, will become effective immediately following the close of trading December 21, 2012. The consolidated common shares will begin trading on a split-adjusted basis on December 24, 2012 on the OTC Market and a new symbol (PK:PRDL) will be in use by the Company from the end of January 2013.

The Company’s Information & Disclosure Document, filed with OTC Markets at www.otcmarkets.com will be available from January and will outline the full details of the Company’s 2013 plans.

 In conversation about the Corporate restructure, Carl Grant, newly appointed President & COO, had this to say “Our first mission for Q1 2013 is to work towards Current Information with OTC Markets and, to that end, we have been diligently filing Disclosure documents with OTC Markets over the past few weeks and months and our aim is to be current information in quarter one 2013. This will give investors a level of comfort in our information and assist in the liquidity of the stock which will bring its own benefits to the shareholder base.”

When discussing the Company’s plans for 2013, he outlined the business strategy with these comments “Profitable Developments has one clear and simple aim. Yes, there will be some dilution of the stock during 2013, but our aim is to use that Capital to wholly acquire onto the balance sheet an increase in shareholder value through the smart use of funds on financially distressed properties. At the end of 2013, our aim is to have increased the Shareholder Value with a healthy balance sheet of a wholly owned, fully renovated and completely rented property portfolio”.

The Company points potential investors to its website for additional information and specifically to its blog where interested parties can keep abreast of the Company’s activities on a month by month basis. The blog can be found at http://blog.profitabledevelopments.com

About Profitable Developments, Inc.

Headquartered in Europe, Profitable Developments specializes in the acquisition, renovation and commercialization of financially distressed properties.   For further information, please go to the Company’s website at www.profitabledevelopments.com or email the Company directly at info@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.

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