Stratton Holdings
Changes Name to Profitable Developments

Stock Recap Assists in rebirth of Company

Orlando, FL, December 21, 2012, Profitable
Developments, Inc. (PK:STHG), Stratton Holdings receives approval from FINRA to
rename the Company to Profitable Developments, Inc.  The Name Change, as well as a Reverse Split,
will become effective immediately following the close of trading December 21,
2012. The consolidated common shares will begin trading on a split-adjusted
basis on December 24, 2012 on the OTC Market and a new symbol (PK:PRDL) will be
in use by the Company from the end of January 2013.

The Company’s
Information & Disclosure Document, filed with OTC Markets at www.otcmarkets.com will be
available from January and will outline the full details of the Company’s 2013
plans.

 In conversation about the Corporate restructure, Carl
Grant, newly appointed President & COO, had this to say “Our first mission for Q1 2013 is to work
towards Current Information with OTC Markets and, to that end, we have been
diligently filing Disclosure documents with OTC Markets over the past few weeks
and months and our aim is to be current information in quarter one 2013. This
will give investors a level of comfort in our information and assist in the
liquidity of the stock which will bring its own benefits to the shareholder
base.”

When discussing
the Company’s plans for 2013, he outlined the business strategy with these
comments “Profitable Developments has one
clear and simple aim. Yes, there will be some dilution of the stock during
2013, but our aim is to use that Capital to wholly acquire onto the balance
sheet an increase in shareholder value through the smart use of funds on
financially distressed properties. At the end of 2013, our aim is to have
increased the Shareholder Value with a healthy balance sheet of a wholly owned,
fully renovated and completely rented property portfolio”.

The Company
points potential investors to its website for additional information and
specifically to its blog where interested parties can keep abreast of the
Company’s activities on a month by month basis. The blog can be found at http://blog.profitabledevelopments.com

About Profitable Developments, Inc.

Headquartered in Europe, Profitable Developments specializes in the
acquisition, renovation and commercialization of financially distressed properties.   For further information, please go to the
Company’s website at www.profitabledevelopments.com or email the Company directly at info@profitabledevelopments.com

Forward-Looking
Statements

This press release may contain forward-looking statements,
including information about management's view of Profitable Developments,
Inc.’s future expectations, plans and prospects. In particular, when used in
the preceding discussion, the words "believes," "expects,"
"intends," "plans," "anticipates," or
"may," and similar conditional expressions are intended to identify
forward-looking statements. Any statements made in this news release other than
those of historical fact, about an action, event or development, are
forward-looking statements. These statements involve known and unknown risks,
uncertainties and other factors, which may cause the results of Profitable
Developments, its subsidiaries and concepts to be materially different than
those expressed or implied in such statements. Unknown or unpredictable factors
also could have material adverse effects on Profitable Developments’ future
results. The forward-looking statements included in this press release are made
only as of the date hereof. Profitable Developments cannot guarantee future
results, levels of activity, performance or achievements. Accordingly, you
should not place undue reliance on these forward-looking statements. Finally, Profitable
Developments undertakes no obligation to update these statements after the date
of this release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are not paid for
by Profitable Developments.

####