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STHG is having a good day up 50% right now. Just upgraded on pinksheets from caveat emnptor to stop sign. News is expected on a real estate acquisition, CEO is retiring 54 million shares from the OS (relatively low floater with 450 million AS) and another pinksheet upgrade to yield.
The CEO has a good record of following through on his promises and even with today's gains, this is still a good entry.
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Stratton Holdings, Inc. Upgrades Pink OTC Markets Status Feb 22, 2010 10:14:00 AM MOUNTAIN VIEW, CA -- (MARKET WIRE) -- 02/22/10 -- Stratton Holdings, Inc. (PINKSHEETS: STHG) (www.stratton-holdings.com) announced today that it has upgraded its status with Pink OTC Markets, LLC and its listing status on www.pinksheets.com
On Friday, February 19th, 2010, Stratton Holdings, Inc. filed the necessary corporate documents in order to increase Stratton Holdings, Inc. to the next status with Pink OTC Markets, LLC to Limited Information.
Per the information released from Pink OTC Markets in 2009, companies listed as "No Information" traded on average $743,063 in volume each, while companies listed as "Limited Information" traded an average of $8,198,443 each.
JUST SPOKE WITH THE CEO ERIC RACHEFF AND HE STATED THINGS ARE STARTING TO COME TOGETHER WITH MARKETFRIENDS.COM
HE ALSO STATED HE HAS BEEN A SHAREHOLDER IN SOME PENNYSTOCKS AND BEEN LIED TO BY SOME CEO'S AND HE UNDERSTANDS OR CONCERNS.
HE SAID WE SHOULD BE EXPECTING MORE INFO ON MARKETFRIENDS.COM STARTING TOMORROW AND OVER THE NEXT FEW WEEKS. HE SAID MARKETFRIENDS.COM WILL PROMOTE STHG AND STHG WILL PROMOTE MARKETFRIENDS.COM A DOUBLE WHAMMY. HE SAID THERE WILL BE A HUGE INFLUX OF INVESTORS TO THE WEBSITE.
HE SAID THE CURRENT SHARE STRUCTURE IS AROUND 570 MILLION SHARES AND THE COMPANY IS CANCELING A LARGE CERTIFICATE OF 57 MILLION SHARES AND THAT WILL PUT THE OUTSTANDING AT 515 MILLION AND HE OWNS 76 MILLION
HE SAID THEY ARE WORKING HARD TO INCREASE THE SHAREHOLDER VALUE AND STOCK PRICE. HE ALSO STATED HE WOULDN'T BE OPPOSED TO PUTING THE SHARE STRUCTURE IN THE PR'S
HE STATED THE REALESTATE PORTION OF THE COMPANY IS A FEW MONTHS DOWN THE LINE