Wednesday, November 30, 2011 8:49:02 AM
Nov 30, 2011 8:45:00 AM
Copyright Business Wire 2011
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Email story | Discuss on ZenoBank | View more ads MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Stratton Holdings, Inc. (STHG - OTC Pink) CEO, Cedric Atkinson, announces today that the company’s Board of Directors has authorized application for name and ticker symbol change with FINRA. The company’s new name will be Emerging Resource Development Group and paperwork is underway. New Ticker Symbol and name change should effect in the beginning of Q1 2012.
Atkinson states, “This is a crucial step in line with our plans for the company. Branding and presence, alongside transparency and accessibility are key ingredients for market confidence. The new name and ticker symbol will signify a clear shift in paradigm for the business moving forward as we achieve benchmarks in the company toward long-term growth and near-term revenues as well as overall value for shareholders with our work toward a fully-reporting public company with an OTCBB listing, including regulatory filings and audited financials.”
The company is also underway with filings toward Current Information Tier on OTCMarkets while keeping busy with progress on significant announcements over the next few months in regards to Joint Ventures and contracts in some of today’s hottest sectors, including oil and gas as well as gold and other resource operations.
Atkinson concludes, “I am confident that both existing and prospective shareholders will find good opportunity with the company in these early stages and look forward to a collective win with success in the markets reflective of our progress in the company along the way.”
Stratton Holdings Inc., as a holding company, is comprised of holdings obtained through reverse mergers, acquisitions, joint venture partnerships, Distressed Properties, and leveraged buyouts: Stratton Holdings Inc. is a Pinksheets-listed holding company focused on value-added real estate acquisitions, including, real estate foreclosures, real estate investment and operating companies, and joint venture investments. As a holding company, Stratton Holdings Inc. will acquire real estate for the purpose of generating leasehold, lodging and sales revenue through the establishment of subsidiaries in the form of limited liability companies ("LLCs"). Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
STHG INVESTOR RELATIONS
Investing In Stock Market, Inc.
Dale Baeten, 920-273-7941 begin_of_the_skype_highlighting 920-273-7941 end_of_the_skype_highlighting
President
dale@investinginstockmarket.net
Source: Stratton Holdings, Inc.
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