News

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

Press Release: Stratton Holdings Inc. – Mon, Nov 21, 2011 9:43 AM EST

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- STRATTON HOLDINGS INC. (Pink Sheets: STHG) announces today that on November 18 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 company’s new business model, effective immediately, will have a primary focus in the natural resources segment, to include oil and gas as well as Mr. Atkinson’s 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.”.....MORE