Post by Hot Christian Stocks on Dec 4, 2013 21:58:41 GMT -5
PRESENTING
Profitable Developments, Inc.
OTC Pink: PRDL
Company Website
www.profitabledevelopments.com/
PRDL is our Thursday Break Out Alert.
Recent Hot news!!
Profitable Developments, Inc. Signs LOI for Multi-Million Dollar Five Star Resort
PRDL Strengthens Potential Growth With 'First-Mover' Positioning in the Emerging Region of Cape Verde
NEW YORK, NY--(Marketwired - Dec 3, 2013) - Profitable Developments, Inc. (OTC Pink: PRDL) ("Profitable Developments" or the "Company"), an international property development company, today announced that it has signed a Letter of Intent for a resort property on the exclusive Sal Island in Cape Verde.
The 5 Star Award Winning resort is a high quality property boasting modern facilities and luxury amenities. Unlike most properties currently under development in this area, Profitable Developments has aligned itself with a property that is 'rent-ready'; where all of the units are completely finished and ready for occupancy and revenue generation.
"We have been working very closely with our global real estate partner to find high value opportunities, in stable but emerging regions of the world, where infrastructure is intact," stated Carl Grant, President of Profitable Developments. "Sal Island in Cape Verde is one of those opportunities. PRDL's potential for growth here is significant."
Early stage development within the Cape Verde region means significant growth potential for 'First-Movers' in the area. Having recently been upgraded to a 'middle-income' economy, this area demonstrates a good deal of growing stability as Cape Verde ultimately seeks entry into the European Union. Add an increase of tourists due to regular flights into Cape Verde from most European cities, and it becomes apparent why this emerging market was ranked number three on Lonely Planet's 2011 list of 'Top 10 Countries to Visit.'
READ FULL PRESS HERE www.marketwired.com/press-release/profitable-developments-inc-signs-loi-for-multi-million-dollar-five-star-resort-otc-pink-prdl-1858389.htm
When is the last time you have seen an Accumulation/Distribution Indicator point straight up like that? This is not one you are going to want to miss so be sure and have PRDL on your "to do" list for Thursday!!
ABOUT THE COMPANY:
Profitable Developments is a Property Development Business specializing in the acquisition of Financially Distressed Properties, the short and long term rental of properties and the development of Commercial Property upon land which was sold due to Financial Distress.
The Company continues to develop its own Software Solution that it uses to identify, acquire and manage its property portfolio. The Software, unique to Profitable Developments, is in early development stage but will give the company a distinct advantage over its competitors in this increasingly aggressive space.
Our Mission
Our goal is to leverage the capital raised through public and private investment vehicles to build a viable and stable company with a multi-million dollar valuation. Both through growing revenues as well as a strong asset book, we aim to significantly build on and improve shareholder value over the next 3 - 5 years.
We strongly believe that 2013 thru 2016 is the time to start to really build a property portfolio as the economies of the Western World bottom out. Certainly, we are seeing land and property available now at pre-2005 prices in some cases and, when acquiring at those prices, we see a successful future for the company.
Profitable Developments strives to be a responsible and ethical property developer, landlord and buying party. If a deal isn't good for all parties, the deal doesn't get done.
Social Housing Schemes in our Portfolio, or soon to be..
Detroit
Detroit is the largest city in the State of Michigan and one of the most important cities for research and development in manufacture in the US, attracting over half a million high tech workers (the fourth highest figure in the US) including 70,000 in the automobile industry.
However, despite the continued government investment in the city's economy and infrastructure, a shift in urban sprawl to the suburbs and the subsequent housing crash has left the metro Detroit area seriously lacking in affordable housing.
The Detroit property market is now fighting back with the help of the Department of Housing and Urban Development scheme (HUD), better known as Section 8, President Barack Obama has himself pledged to support the regeneration of Detroit in the American Recovery and Reinvestment Act 2009.
Property investors can benefit from an ethical investment that recycles houses, turning foreclosed and uninhabitable properties back into homes for the employed, low-income sector. And with a waiting list of over 9,000 people hoping to be one of the lucky ones to live in one of the newly desirable homes, there certainly is mass demand and high rental yields.
Florida - Coral Cove
The prices in this 'water front rich' community start from as little as $19,000 and this includes 3 years Land Holding Taxes as well as any and all closing costs.
These land plots include planning permission for family homes and are currently at less than 70% of their Peak Pricing
Available are Large Developed Parcels of 10,000 sq ft with Full Planning Permission allowing for multiple exit strategies for the company in 3 - 5 years time.
Land values across the U.S. rose on average 13% in 2012, the first annual gain since 2005 prompting this comment from the Profitable Developments CEO, Paul Clewlow:
"What can I say other than we will be buying up land plots here with planning permission for future homes as quick as we can get our hands on them"
Management:
Paul Clewlow - CEO
With 25 years of accounting behind him and having served in the Armed Forces before that, Paul focuses the business on the real returns that a well invested Property Portfolio can yield.
With the emphasis on building sustainable value, Paul has travelled across north America ensuring the right deal terms for the Company and is ready to take on the challenge of leading the business in to a successful launch in 2013.
Paul has a strong vision for the Company or building a portfolio of commercial and residential properties that will appreciate in value significantly over the coming decade as well as drive sustainable revenues for the Company.
email: paul-feedback@profitabledevelopments.com
Carl Grant - President
With 15 years of Management Experience behind him, Carl has been involved in brick and mortar businesses since starting as a European Engineer in 2005.
As a leading force behind the business, Carl has travelled extensively across Europe and has been diligently securing contracts with realtors, property developers and home owners for the past 12 months in preparation for the launch in late 2013, early 2014.
Carl's vision for the European property portfolio is to ensure that the security of ownership exists as well as the sustainability of rental incomes and value appreciation underpins any deal he does.
email: carl-feedback@profitabledevelopments.com
Symbol & Marketplace
PRDL, OTC Markets, Current Information.
Share Structure
Market Value1 $14,733,878 a/o Dec 03, 2013
Shares Outstanding 7,754,672,411 a/o Sep 30, 2013
Float 4,614,556 a/o Jun 30, 2013
Authorized Shares 9,000,000,000 a/o Sep 30, 2013
Press Releases
Dec 3, 2013 Profitable Developments, Inc. Signs LOI for Multi-Million Dollar Five Star Resort
Nov 7, 2013 Profitable Developments, Inc. Looks Towards Exclusive Caribbean Land
Oct 29, 2013 Profitable Developments Unlocks Access to Over $10m Worth of Real Estate With New Partnership
Oct 28, 2013 Profitable Developments, Inc. Agrees to Acquire Multi-Million Dollar Land Parcels
Oct 7, 2013 Profitable Developments, Inc. Outlines Strategy to the Market
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