NEWS OUT ON PRDL!!!!! Fri, Oct 31, 2014, 8:56 AM EDT - U.S. Markets open in 34 mins.

NEWS OUT ON PRDL!!!!! 
Fri, Oct 31, 2014, 8:56 AM EDT - U.S. Markets open in 34 mins. 

Profitable Developments Announces 60% Gain on Sale of Pennsylvania Property
Accesswire
24 minutes ago 

PRDL Continues to Execute Growth Plan 

NEW YORK, NY / ACCESSWIRE / October 31, 2014 / Profitable Developments, Inc. (OTC Pink: PRDL) (PRDL), announced today, that they have successfully completed the sale of the first of four residential properties they recently entered into contract to purchase. The property was sold for a gain of approximately 46% greater than the contract price. The property received many offers shortly after it was listed and closed very quickly, as we expected. 

Profitable Developments considers each sale a double success. First we realize significant returns on our investments for our shareholders. Second, each sale represents a success in our mission of putting American families back into homes at affordable prices. While the increased pricing in the real estate market and bank foreclosures have left many American families without homes, we aim to help Americans get back into homes by offering the distressed properties we purchase at a steep discount, direct to consumers priced well below market rates. 

We intend to sell the remaining residential and commercial properties in our portfolio in an expeditious manner so that we can continue to acquire larger portfolios of distressed real estate and turn them over quickly to avoid having a large inventory at any given time. 

"These are exciting times for management and our shareholders as we begin to enter into contract for larger amounts of properties and successfully sell those properties for significant gains in a relatively short period of time," commented Carl Grant, President of Profitable Developments. Grant further said, "We are really excited to be very close to signing a line of credit from private investors which would allow us to buy greater numbers of properties at one time. Our intention to have a shareholder conference call in November after the financing agreement is signed." 

About Profitable Developments, Inc. 

Profitable Developments, Inc. is a Property Development Company listed on the OTC markets. The company specializes in identifying and purchasing distressed real estate at significant discounts to market value and reselling them quickly for sizeable returns. The company sells the real estate priced below market value to help fulfill its' mission of putting American families back into homes at affordable prices. Specializing in key locations globally in both underpriced land as well as in Property, the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.