Tuesday, June 17, 2014
Profitable Developments, Inc. Signs Contract on Properties
NEW YORK, NY (Marketwired Jun 17, 2014) Profitable Developments, Inc. (OTC Pink: PRDL) (PINKSHEETS: PRDL), a Property Development Company, announced today, that they have signed a contract to acquire three separate properties in Pennsylvania. The company expects to receive a commitment for financing these properties within the next week. Carl Grant, President of Profitable Developments, has been working closely with DREA Partners to purchase distressed properties. These first three properties represent the beginning of many upcoming acquisitions, they mark the beginning of our strategy to re-invigorate our business plan. We are actively working to identify the best distressed assets that we can purchase for a fraction of their value and sell for a significant ROI, this is a very exciting time for all involved. Said Carl Grant. Mayer Fulda, Principal of DREA Partners commented I am pleased to have assisted with the acquisition of the first three distressed asset purchases. I look fo
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