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Stratton Holdings Inc.: Stratton Holdings, Inc. Signs LOI for Up to $1 Million in Funding


Published on 2009-06-19 08:57:15, Last Modified on 2009-06-19 08:57:53 - Market Wire
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LOS GATOS, CA--(Marketwire - June 19, 2009) - Stratton Holdings, Inc. (PINKSHEETS: [ STHG ]) announced today that the Company has signed a "Letter of Intent" (LOI) with a private accredited investor for an equity funding of up to $1,000,000. Final details and contract for the financing are still under discussion.

The financing will be used to execute the company's many projects being worked on. These include: final arrangements of two exciting small sized profitable companies; expansion and marketing costs for company; initiation of the open market buyback program; further development of our shareholder base through an investor relations program.

Stratton Holdings' CEO, Eric Stratton Racheff, stated: "We are very pleased that the investment community is showing interest in our company and its exciting future. This is a huge step for the company as a major barrier to any company's expansion is the securing of proper funding. Another high note is we are doing what we set out to do from the beginning as a primary concern was to not execute toxic funding as a financing option."

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 holding company, is comprised of holdings obtained through reverse mergers, acquisitions, joint venture partnerships, Distressed Properties, and leveraged buyouts: Stratton Holdings Inc. is a Pinksheet-listed holding company focused on value-added real estate acquisitions, including real estate foreclosures, real estate investment and operating companies, and joint venture investments.

As a holding company, Stratton Holdings Inc. will acquire real estate for the purpose of generating leasehold, lodging and sales revenue through the establishment of subsidiaries in the form of limited liability companies ("LLCs").

More information regarding Stratton Holdings, Inc. (STHG.pk) 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.


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