Profitable Developments, Inc. (PRDL)

[allenc]

PRDL, retiring shares:

PRDL Reduces Its Outstanding Shares by Almost 30 Percent With More to Come NEW YORK, NY , United States / ACCESSWIRE / Aug 6, 2014 / Profitable Developments, Inc. (OTC PINK: PRDL), today announced that it plans to retire a total of four billion shares of common stock. Following the return of the two billion common shares back to treasury, Profitable Developments, Inc. will have less than 6bn common shares outstanding of which more than two billion is owned by insiders and subject to lockup agreements

Has to be a positive move, IMO