Profitable Developments, Inc. (PRDL)

[ThSeeker]

Summary from several email and or discussions with CEO Joseph.
For your consideration.

Do you feel ERDC is worth the expected post split market cap of
approx $210K? ( 7 million shares x $.03)

ANS: With all the work John and I did and with our new prospects, The company is worth that and more.

Do you expect the share price to hold after the RS?

ANS: John has warned me that the share price will fall after the reverse split. But after all the penny stock hype it should stabilize and allow ERDC to move forward.


Any comments on future dilution?

ANS: . Im not planning to put any on the market till I have a solid plan and clear understanding of the debt and month to month costs.

What is being done to help price in the face of the RS?

ANS: Will soon release a PR. The PR will be great. Market reaction, I cant predict. But the PR will cast a wider net for investors. If I can eliminate the debt incurred by Cedric and minimize dilution for overhead we have a solid foundation.
I will not pay for market awareness campains ect. After the PR/RS share holders will trade amongst them selves. When I put shares on the market it will be for results.
Some possible Examples:
10k to retain the law firm to recover debt owed by mismanagement and to put us in front of real investors.
15K to send my partner to West Africa to incorporate and permit our 4 concessions in Sierra leone with the Ministry of Minerals