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STDF, Steadfast Holdings Group Inc, STDF.PK

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STDF, Steadfast Holdings Group Inc, STDF.PK

“Steadfast Holdings Group, Inc. Hires Builder and Contracts

for First Nine Residential Units“

DrStockPick Stock Report! Monday July 20, 2009

“Steadfast Holdings Group, Inc. Hires Builder and Contracts for First Nine Residential Units“

East Haven, CT - (WORLD STOCK WIRE) - July 20, 2009 — Steadfast Holdings Group, Inc. (OTC Pink Sheets: STDF) through its Banx and Green Group, Inc. subsidiary has completed an agreement with Peter Waxman to build homes using environmentally, energy efficient structurally insulated panels (SIPS).

The Company has been offered an option to purchase PeterBuilt Homes LLC. Mr. Waxman is a licensed contractor active in the states of Louisiana and Mississippi where he has worked for more than 15 years and is capable of getting building permits expeditiously. The first nine homes will be built in various Gulf Coast communities as part of a roll-out plan for the region. We expect to build several hundred homes from Baton Rouge, Louisiana to Biloxi, Mississippi. These homes are important to the region because they are affordable housing based on a solid platform with reduced operating cost thus making them sustainable properties for their owners.

The Gulf Coast region is in dire need of housing and has several housing programs in place. These programs range from low interest/low down payment mortgages to government grant programs ranging up to $60,000 for non-luxury homes. The models we are building are 1,400 square feet and range in price from $125,000 to $150,000 depending on their interior design. In addition, there are models available up to 2400 square feet.

In the State of Louisiana there are more than 30,000 homes needed for buyers who have already pre-qualified for these programs. In the State of Mississippi the need for housing is similar in scale to Louisiana for their pre-qualified buyers. The City of New Orleans has in excess of 4,000 pre-qualified buyers for their grant program but a lack of affordable housing options to purchase. We are in the process of contacting the various regulatory and grant agencies for participation in these programs.

Funding for the project is expected to close prior to August 1, 2009. The return to the funders is a participation of up to 33% of the net profit from each home purchased. The initial capital is expected to be $2,000,000. Three of the homes are pre-sold and we expect the others to be sold at or near ground breaking.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from, those expressed in the forward-looking statements, including but not limited to certain delays and risks detailed from time to time in the company�s filings with Pink Sheets or the Securities and Exchange Commission.

Contact
Investor and Media Relations
WSMG
e-mail: info@wsmg.biz

John Calash, President
Steadfast Holdings Group, Inc.
641 E Main St
East Haven, CT 06512
USA

Phone: 407-641-0705
Fax: 203-466-0600

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