|By Marketwired .||
|June 19, 2014 09:15 AM EDT||
NEW YORK, NY -- (Marketwired) -- 06/19/14 -- Profitable Developments, Inc. (OTC Pink: PRDL) (PINKSHEETS: PRDL), a Property Development Company, announced today that they have acquired the domain maps2weed.com and the site will be launched early next week.
The site, www.maps2weed.com, will serve as Profitable Development's new platform for the company's expansion into the Medical Marijuana industry. The ultimate purpose of the website is to link the MMJ industry with suitable real estate deals, offering the industry a place to seek out information on properly licensed premises and giving access to acquire them. It will act as the 'go-to place' for those seeking the right place to do business.
The platform will initially be tapping in to the MMJ community by being a repository of essential information and allowing them to search locally for suitably qualified doctors and dispensaries. Following the success of the platform 'Weed Maps,' a company that is estimated to top $30 million in revenue this year (http://mmjbusinessdaily.com/weedmaps-will-earn-more-than-30-million-in-2014-founder-says/), the Profitable Developments portal will go one step further and, whilst offering a similar service to the client base, will build on Weed Maps success by linking in the right property deals offered to the profession as well.
Maps2weed aims to help make this industry a safe and profitable place to do business. The portal will give the MMJ industry a single 'Go-To Place' for all parties to interact and also provide a key outlet for Profitable Developments to do business with property investors looking to legally enter this market and remain compliant with the various State legislation that surrounds this complicated market.
Carl Grant, President of Profitable Developments, commented, "We are pleased to announce the purchase of maps2weed.com and the site going live next week; we are excited about our expansion into this rapidly growing industry." Mr. Grant also noted: "We will be utilizing some profits from our distressed real estate deals and investing them into the maps2weed.com portal. I am highly focused right now on increasing shareholder value. "
About Profitable Developments, Inc.
Profitable Developments, Inc. is Property Development Company listed on the OTC markets as a Current Information Company. Specializing in key locations globally in both underpriced land as well as in Property, the Company has an aggressive strategy to capitalize on the rising prices of Real Estate.
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.