****In a Recent PR, Carl Grant, President of Profitable Developments, commented (OTC:Pink PRDL), “We highly anticipate our site becoming the premier go-to site for people seeking legitimate marijuana suppliers; and for suppliers to find appropriate real estate to house their operations. Data loading continues and we hope that the community will find it increasingly useful.” Mr. Grant also noted, “We are working on developing joint ventures with lenders and property owners to create a full in house team for real estate purchases and rentals. I am highly focused right now on increasing shareholder value.”
Diamond in the rough $PRDL I like this stock's upside !!
Let's assume they barely make money from each deal (like only $5,000 or $10,000) in profit. Multiply that by 1000+ deals and you get $5,000,000 - $10,000,000 in profit.
Looks like they are taking the Wal-Mart approach rather than the Rolls-Royce approach. Sell alot of real estate at quick small profits rather than selling a few at high profit.
Sounds like a good idea to me because it limits the downside. I have seen firms disappear because of one really big BAD DEAL. This cannot happen if they stay with smaller deals and can potentially makes lots of profit.
From what I see, they started with a small deal and keep growing their sales. I would rather see steady growth than crazy ups and downs.
If they make even 500k in profit in first year, think about what the actual value per share is....yup at least 10 times the price today in BOOK VALUE forget about upside.
I LIKE THIS ONE AND THE NEW CEO SEEMS TO BE A RAINMAKER !!!
AI
