Stratton Holdings, Inc. Announces Plans to Further Upgrade OTC Market Status to Current Information
December 14 2010 - 10:00AM
Marketwired
Stratton Holdings, Inc. (PINKSHEETS: STHG)
(www.stratton-holdings.com) announced today its intentions to
increase its filing status with OTC Markets, LLC and its listing
status on www.otcmarkets.com
Stratton Holdings, Inc. currently is listed as "Limited
Information." The company is taking the necessary steps to fulfill
all the requirements laid out by OTC Markets, LLC in order to be
upgraded to the highest reporting status, other than SEC reporting,
in the Pink sheet marketplace. The company is shooting for the
early part of 2011 to get this accomplished.
This is an important step as it keeps the company moving up the
ladder of transparency. Companies with current information status
on average do five times the volume of those in lower tiers. In
addition it gives the whole picture of the company to shareholders.
Overall, the company is adding products, revenue, assets and
transparency all while lowering debt on a quarterly basis. 2011 is
shaping up to be really exciting for the company. Management will
announce 2011 plans by December 31. In addition, a recap of
accomplishments of 2010, including a couple more completed projects
before the New Year.
Per the information released from Pink OTC Markets in 2009,
companies listed as "Limited Information" traded on average
$8,198,443 in volume each, while companies listed as "Current
Information" traded an average of $43,282,661 each.
Pink OTC Markets provides the leading inter-dealer electronic
quotation and trading system in the over-the-counter (OTC)
securities market today and operates the third largest U.S. equity
trading venue. Pink OTC Markets offers access to all U.S.
broker-dealers, enabling investors to seamlessly trade securities
through their institutional, online, or full service brokers. Pink
OTC Markets operates Pink Quote, its inter-dealer quotation system,
and Pink Link, its inter-dealer messaging system, which facilitate
transactions in OTC securities for market makers and
broker-dealers, and also owns and operates the website
www.OTCIQ.com, through which it provides access to the "OTC
Disclosure and News Service," a service devoted to the publication
of disclosure statements, news releases and financial reports of
issuers of securities that trade in the OTC markets.
ABOUT STRATTON HOLDINGS, INC.
Stratton Holdings was formed in 2008 and makes equity and
equity-related investments in companies that require expansion
capital; also if necessary, a restructuring of the company in the
direction of viability and expansion.
Stratton Holdings, Inc., as a diversified holding company, is in
a formation stage which will focus on holdings obtained through
reverse mergers, acquisitions, joint venture partnerships,
Distressed Properties, and leveraged buyouts: Stratton Holdings,
Inc. is a Pink sheet-listed holding company focused on value-added
real estate acquisitions, including real estate foreclosures, real
estate investment and operating companies, and joint venture
investments.
More information regarding Stratton Holdings, Inc. (PINKSHEETS:
STHG) can be found at its corporate website,
www.stratton-holdings.com
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.
Contact: Stratton Holdings, Inc. Investor Relations
info@stratton-holdings.com