Profitable Developments Unlocks Access to Over $10m Worth of Real Estate With New Partnership
29 October 2013 - 11:30PM
Marketwired
Profitable Developments Unlocks Access to Over $10m Worth of Real
Estate With New Partnership
Company Signs Deal for Preferential Rates on Real Estate From
Belize to Thailand, From Greece to the USA
NEW YORK, NY--(Marketwired - Oct 29, 2013) - Profitable
Developments, Inc. (OTC Pink: PRDL), a Property Development
Company, today announced that it has agreed to sign up specialist
Global Real Estate Company Crystal Investment & Real Estate
Limited, based out of Europe.
Crystal has over $10m worth of real estate on its books and was
picked as the partner of choice by Profitable Developments because
of its global reach. The Company has exclusive access to both prime
land and property in Asia, Europe, South America and the USA.
President of Profitable Developments, Carl Grant, made the trip
to meet Managing Director of Crystal, Luke Smith, recently and
agreed the partnership and spent the day hand picking the right
projects for the Company to invest in.
Carl Grant had this to say when sealing the deal "Crystal has
the right mix of prime land, social housing and bond investment
vehicles that we were after. They complement our blend perfectly
with the level of risk & reward that the Board of PRDL are
looking for. This is a great partnership that will result in an
aggressive acquisition strategy of global real estate."
PRDL recently announced that it had already signed a Letter of
Intent to acquire Prime, Water Front Land in Coral Cove, Florida.
The Company outlined how this fit with their strategy that was
announced publically earlier in Sept and is available as a 'Letter
from the President' in the News Section of their website.
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 and the Company can be contacted via
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.
Contact: Profitable Developments, Inc.
info@profitabledevelopments.com www.profitabledevelopments.com
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