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Strata Capital Corp. Announces Entry into Billion Dollar Market
CHARLOTTE, N.C.-(Business Wire)-May 6, 2008 - Strata Capital Corp. (Pink Sheets: STRP) announced today it is entering the multi-million dollar distressed real estate market.
Strata Capital Corp. is actively searching out property holding companies and mortgage companies for acquisition. The Company views the distressed real estate market as a next step in the Company's long-term revenue growth model. Strata Capital Corp. is seeking out acquisitions in Florida, Nevada, and California as these markets provide properties with discounts up to 50% off of retail price.
"The addition of distressed real estate to Strata Capital Corp.'s business model is exciting because of the value it adds to the Company's goal of creating long-term revenue streams while continually growing the company's assets. The acquisition of commercial and residential properties at their discounted retail price will bring tremendous value to Strata Capital Corp. while creating increased dividends for our shareholders," said Mr. Kolaczek, President of Strata Capital Corp.
This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
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