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Mon, November 21, 2011

Stratton Holdings, Inc. Acquired by CEO Specializing in Natural Resources;; Adopts New Model to Include Mining, Oil and


Published on 2011-11-21 06:51:09 - Market Wire
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MOUNTAIN VIEW, Calif.--([ ])--STRATTON HOLDINGS INC. (Pink Sheets: STHG) announces today that on November 18th, the company was acquired by Cedric Atkinson, a corporate executive that brings with him a team comprised of more than 20 years senior level management experience.

Concurrently, Mr. Atkinson will fulfill the role of operating CEO and President for Stratton Holdings and the companyas new business model, effective immediately, will have a primary focus in the natural resources segment, to include oil and gas as well as Mr. Atkinsonas existing mining company with active operations in Sierra Leone, West Africa.

Atkinson comments,"I am very excited about this acquisition, bringing in my existing mining company operations as well other mergers, acquisitions and joint ventures. These additions will be the building blocks of what I envision to be a robust growth company, which may lead to the enhancement of shareholder value. As well, we are actively engaged in discussions for additional capital assets for Stratton, as mentioned above, with news forthcoming on details.a

He concludes, aIn efforts of keeping our shareholders up to date and being transparent, we are in negotiations with a reputable IR firm, and will be updating our shareholders on this as soon as details unfold. We anticipate to having a contract in place within the following week. In the meantime, shareholders may contact me directly at [ cnatkinson@cnatkinson.com ]a

aThere will also be no reverse split in connection with this transaction. If warranted at a later time, the Board may increase the authorized shareto no more than three billion for the purpose of future mergers, JV's, and acquisitions. This will enable us to help grow Stratton into a very solid and diversified holding company. "I look Forward to this new venture and will be updating shareholders with more details as developments unfold."

The companyas current share structure as of today, is:

A/S is 1,500,000,000
O/S is 1,490,875,600
Float is 1,290,875,600

Eric Stratton Racheff the companyas former CEO, made a departing statement, aI am confident this will be a beneficial move for shareholders. Mr. Atkinson Has stated that his new management team will work diligently to provide transparency through the execution of the new business model. I wish to convey my sincerest thanks to all the support and kind words I have received during my tenure. I will continue to be a shareholder and look forward to what new management brings to the table."

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 Pinksheets-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"). 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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