Profitable Developments, Inc. (PRDL)

[ThSeeker]

Not sure what else they "really" have going on beyond this type of business. But this does not look like the type of investment strategy that will achieve what they said

"Profitable Developments has one clear and simple aim. Our aim is to use any 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".

Unfortunately this first house is our first look at how "smart" they are at this. If it does sell at a loss then for sure , no warm fuzzies yet. Couple more hours and we will know what it sold for.
Current bid US $15,350.00
http://www.ebay.com/itm/231349738758?_trksid=p2055119.m1438.l2649&ssPageName=STRK%3AMEBIDX%3AIT#ht_587wt_1285