MOUNTAIN VIEW, Calif., Sept. 14, 2009 (GLOBE NEWSWIRE) -- Stratton Holdings, Inc. (Pink Sheets:STHG) is pleased to announce the acquisition of MarketFriends(TM), an online financial social community of independent traders across the globe, along with the premium domain and assets at www.marketfriends.com.
Currently, www.marketfriends.com provides live chat rooms, technical chart forums, the ability to form research teams, message boards and posting trading ideas and successes. The Company is excited with this acquisition; CEO Mr. Eric Stratton Racheff released this statement:
"We are very excited about MarketFriends and it now being a part of the Stratton Holdings team. We feel that MarketFriends has tremendous potential as a social and research website for the hundreds of thousands of equity traders, forex traders, commodity traders, etc.
We plan on doing a very thorough overhaul of many of the functions of the website, particularly the forums area to make it more user-friendly and indexed for easier use. We have already begun seeking out programmers and developers for this. Also, a reconfiguration of the homepage specifically allowing for advertising space. Once we have 10,000 members, MarketFriends will then begin to phase into a membership fee that will be charged on a monthly basis.
We fully feel that within a year and with the new modifications that we are planning, we project to have 30,000 members on a reoccurring monthly plan charging anywhere from $5.95 to $8.95 a month.
With the recent economic meltdown, it is important that people learn how to manage their own money, and with that, MarketFriends is there to provide a portal for those to learn."
Stratton Holdings, Inc. is a diversified holding company formed in 2008 with the overall mission of seeking out small to mid-sized companies to bring to the Stratton Holdings, Inc. family and assist in their expansion and in turn use those profits to repeat the cycle creating value and products worth being proud of.
A majority of the time, a restructuring of the Company is executed to reduce costs and increase sales and revenue. The Company is constantly seeking out exciting opportunities.
More information about Stratton Holdings, Inc. can be found at www.stratton-holdings.com
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