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I would not look for any major increases in this quarterly report from Fresh Start. It will show small increases in profit, patients treated, net income, etc. But it will also show increased expensives and spendatures. Don't expect any revenues from Glacier Holdings as they are still a month or more away from performing their first procedures. At best major increases in financial performance won't happen until at least 4th quarter 2012.
This year IMO is going to be more of an expansion year for Fresh Start Private. They have already signed Glacier Holdings in Florida and I believe they will sign additional clinics in the coming months. An ex-colleague of mine in Florida has heard rumors of Glacier seeking funds to open additional clinics along the east coast. This fits well into FSP's five year plan of growth and expansion.
As I have said several times, I believe CEYY is a long term investment and not a get rich quick stock. They have a long term business plan, which if accomplished will serve them and the patient investor well.
Originally bought about 25,000 at $0.18 but have been averaging down with more buys. Bought alot at $0.018 - 0.020 to lower my PPS. I think this is a great stock to buy and I believe strongly in what they are doing. But I don't believe this is a get rich quick stock, I think we are going to have to hold it for a while to really make the big bucks. I found out about Fresh Start from my son about a year and a half ago and have been on board ever since. It's going to fly but it's going to take time.
Around 250,000 here, avg PPS about $0.045.
3 more days unless they are late and ask for an extension as in the past.
Will have to show some good numbers for the $0.10 and be able to hold it. IMO better have strong profits for that kind of increase.
I've also heard rumors that they have a different price schedule for the procedure based on how fees will be paid IE: discount for cash customers Vs Insurance claim clients. Discount prices for cash, credit etc. I've heard as much as 15-20%. Haven't confirmed rumors, hope to do so in the near future. If true $40,000+ fee per client would be exaggerated.
My bad, meant 1 per week.
Rumor has it that it's less than their maximum of 2-3 per day but more than 1 per day.
Should be very fun and frustrating at the same time!!!!
At this PPS it a good time to buy, lower your cost per share average. When it goes to $.038 you've doubled your money. This thing is going to go its just a matter of time.
Not sure how old the web page is or when it was generated but the videos are about 1 1/2 years old. The doctor in the video is my son and he shot those videos about 20 months ago.
Yes that is the agreement, but they can also buy additional time for additional fees. How do you get the word out if the advertising isn't generating enough funds for air time? You've got to buy or negoiate for more air time.
Probably lack of time, people, and effort. I don't believe they have an IT person on staff.
Recently there have been questions about advertising (or lack of) from CEYY and why don't they have more of it on Radio, TV, etc. There have also been questions about Ryan Flemming, why isn't he putting out new ads, doing marketing, info and such.
Well hopefully this might help clarify some of that for members of the board. First CEYY does advertising in batches and not on an everyday basis. They do 90% of there ads thru Clear Channel Radio stations. When funds become available Clear Channel will start advertising until those funds are depleted. Then no more ads until more monies become available for new ads. It's cheap advertising and spotty but the word get out every couple weeks and keeps the name out there.
Mr Flemming was appointed director of marketing, which should also include advertising and dissemination of PR's. Mr Flemming does not work full time at CEYY. He is currently not drawing a salary and still holds his job and position at Clear Channel. He basically does work on a part time basis and was compensated for now and future work with a lump sum of stock and probably future stock options.
In the next 10Q report Flemming as well as others should be listed as non-salary compensated company management. Same as Andrade and Muller. I believe that Patrick Brown will fall into this catagory also.
Dreams and hope are a wonderful thing as long one doesn't become lost in the dream and lose contact with reality. I too hope and dream that CEYY will fly high and make us all a lot of money, but I'm also grounded with the reality of how long it can take to make a sucessful business flourish. I hate to see people wallow in the disappointment of broken dreams and dashed hopes.
I know people that are associated with CEYY and the number are better than 2-3 per week but they are not 2-3 per day. Procedures are not currently done everyday, not enough business, but they do have the capabilities of 2-3 procedures a day.
Hi everyone, I see a lot of numbers being passed around about how many patients are being treated a day. I wouldn't put to much hopes on those numbers. CEYY has said they can treat up to 2-3 people (max)a day at the Santa Ana Calif clinic. That is their max and they are not close to making those numbers at present. The numbers have not increased that much since the last 10Q report. They have seen an increase in the number of clients treated but only a small increase.
This is a good stock but it's going to take time for the numbers we all want to see to materialize.
I agree with Bones80 that the real movement won't happen till the 3rd qtr. That doesn't mean with good financials this month that it won't go up, it will but only a few cents. For this thing to show big numbers CEYY is going to have to show strong consistent financials with increased revenue, profit, assets, and clients. This is a really good stock to have it's just going to take time for it to take off and fly. Patience my friend will yield great rewards.
@440900, I agree that the 3rd qtr should be where we start to see some real numbers and improvement from CEYY. Glacier coming on board will help the financials but not to the extent of having clinics of their own doing the procedures. Hopefully by the end of the 3rd qtr CEYY will have another clinic of their own on board as well which would show real progress and proof of a strong growing company. Let's face it the only real asset CEYY owns is the "Intellectual Property" rights to the Naltrexone Implant. IMO need alot more than that to make a strong viable company.
@Kopper and 440900, What are you expecting from the financials? From all the enthuiasim on the board it seems that many are looking forward to great numbers. I hope they right but I'm thinking increased but smaller numbers. What's your opinions?
@Kopper, It's really nice to have you finally on CEYY's side. It took a little while but I knew we would finally get to you. Good to have your intelligent and experienced comments.
I believe CEYY's next quarterly report will be good, will show improvement and will help to bolster stock prices and faith in the company. But I don't believe the numbers are going to be as good as everyone hopes. I'm only expecting about a $.05 increase after the smoke clears and it settles in after the next 10Q report. IMHO the big increases won't happen till after the 3rd quarter reports and the Florida clinic starts helping with the financials. Its going to take time before any new clinic starts to produce real results. CEYY has made tremendous progress over the last year building the organization they now have but they still have a ways to go.
Hi Red, as I mentioned in my last post FSP was going to add more clinics and they have, but a little sooner than I expected. More will be coming in the next few months. These guys are very independant and do things to their plan and don't vary to much from it. This is probably why they haven't used your contact info.
I look for the next financials to show a good improvement over the previous filings but nothing compared to whats going to happen in the 2nd and 3rd quarters. Mid year this things should really catch on fire.
Hi Red, don't know if they ever contacted you but the word I been hearing is that they're looking to expand in the not so distant future. They have been talking to existing clinics trying to sign new clinics and Dr.s to perform the procedures. By doing so they can expand number of clients and limit expendures and capital outlay. Best of both worlds for CEYY at the present time.
Lot of excitement on the board today. It's good to see but I think some of that enthuiasim should be tempered. There maybe slight upward movement in the short term but I don't see a large upward movement of pps until after the financials in a couple weeks. IMO before we see any major change there's going to have to be a couple quarters of good sales, revenues, and profit. To many investors and prospective investors in the past have seen this stock peak and tank on good PR and reports before. At this point I think a bit of cautious optimism would be advisable.
Not to shabby for an inexperienced management team, they've done real well to get this far. Now they need to take it to the next level. They've got to continue to attract more clients, grow revenues/profits, expand number of clinics, expand advertising and develope Fresh Start Private as a household name. That's when CEYY will leave penny land and become a real company and stock.
Fresh Start Private Management doesn't have funds to market? Chris show me your proof!! Fresh Start is currently advertising on a shoe string budget and reaching a large group of listeners for those few funds, approx. 10,000,000 people (population of greater LA area). Clear Channel Radio is a group of approx. 6 or 7 stations that carry Fresh Start ads. Clear Channel transmits from about Ventura County to San Diego County, approx. 300 miles, not bad for a show string budget. I agree that the pps will hover around .01-.02 cents for a while. It will hang there until FSP starts to show consistant earnings and growth then it will start it's climb upward.
You sound like you're upset because you invested in this company and expected it to immediately take off and make millions of dollars and it hasn't. Start up companies and stocks don't work that way. It takes time to develope a strong financially stable company with earnings that can support it's stock. If your looking for get rich quick stocks aren't it. Just my opinion!!
Chris try reading the last federal filing of Fresh Start Private it is pretty self explanatory. By their own admission, the management running this company is very inexperienced and and lacks expertise in large scale business operations. Their priorities have not been the advertisement and PR's of the company, as we have all seen. They have concentrated the efforts on getting operations, financials, and the merger completed in their first year of operation. Now they seem to be moving towards, improving financials, expanding operations, improving management staff and expertise, advertising and public relations. If you have ever been involved with business operations you would realize that business', just like Rome, aren't built in a day. It takes time even for an experienced management to build a successful business. Rule of thumb, it takes 5 years to build and complete a successful business plan. They've got about 4 years to go. If you can't take the heat get out of the kitchen my friend.
@440900, thanks for the link. Haven't heard of this place but was interesting reading. Their approach seems to be similiar to other facilities already in business. Non-drug holistic approach to sobriety. Works for some people but many others fail the basically cold turkey approach. I had a couple employees that tried similiar treatments and weren't sucessful, they couldn't overcome the cravings.
It might be worth a shot but I don't believe that Dr. Phil would run it on his show. Dr. Phil is big leagues and won't waste his time with a basically un-proven, non-track record facility. At Hughes we tried to get Directv on network TV when it was first launched and found only resistance and hesitation. They would be better off trying other medical shows like "Dr. Oz","The Doctors", "Dr. Drew" or "Dr. Laura Sleshinger (on radio)". These are second tear show that are always looking for ground breaking procedures that they can claim discovering. Much less expensive also!! Not to busrt anyones bubble but better to land a couple lower tear entries and get the word out then go for the homerun with the networks and/or top rated shows. "Been there, done that".
FYI, overview of Ryan Flemming bio as posted on Linked.
http://www.linkedin.com/in/fleminglive
All us investors are waiting to hear good words from CEYY and in the past have accused management of being crooks, dishonest and whatever for their lack of response and commuications. But if you look at the last 8k filings it sums up what level of management we have running this company. In the past I have expressed my opinions about them many times on this board stating their business inexperience is holding them back. They themselves have made the statement in the last 8K filings about their own abilities and experience. So when your impatience is wearing thin remember what management has said about themselves and why information is slow coming. Taken from latest 8K:
Our management team lacks public company experience, which could impair our ability to comply with legal and regulatory requirements such as those imposed by Sarbanes-Oxley Act of 2002. Our senior management has little experience in managing a publicly traded company. Such responsibilities include complying with federal securities laws and making required disclosures on a timely basis. Our senior management may not be able to implement programs and policies in an effective and timely manner that adequately respond to such increased legal, regulatory compliance and reporting requirements, including the establishing and maintaining of internal controls over financial reporting. Any such deficiencies, weaknesses or lack of compliance could have a materially adverse effect on our ability to comply with the reporting requirements of the Securities Exchange Act of 1934 which is necessary to maintain our public company status. If we were to fail to fulfill those obligations, our ability to continue as a U.S. public company would be in jeopardy in which event you could lose your entire investment in our company.
@DREAM BIG, but how many of those patients were before the merger? I wouldn't expect them to post numbers that were before the merger. Those 100 patients are over the previous 18 months. Numbers since the merger would be at best 3 patients per week (their numbers) at $44,300 for approx 12 weeks (3 months) or approx $1,594,800. I know they can do more than 2 patients/day at the Santa Ana location they just need to get off the pot and promote this thing.
Thanks 440900, nice to know this old mind isn't quite ready to go yet. I knew I'd read it somewhere!!
The 4th quarter federal filings should be very interesting. All previous filings were pre-merger and didn't give a true picture of FSPM business potentials. The 4th quarter filings should include all financials from the post merger business dealings which should give us a better understanding as to where this thing is headed.
I believe I read somewhere that Clear Channel had actually given FSPM tens of thousands of dollars in air time for a portion of future profits. I'll see if I can find where I read it.
I've also heard the ads and from rumors there will be more in the next couple months. Also hear PR's coming. When? don't know with this glacial speed management.
Red, don't know if you received my e:mail but did forward your info to people I know. We'll see what happens.
Red who did you have in mind? I may have someone who may be willing to help with more meaningful numbers. I won't post them on the board but could send to private e:mail if they are will to share with me.
Linda777 and Fido, Thanks very much for your support. Please contact me thru my old email account tubby61451@aol.com. I can share with you my personal insight of FSP and reasons for my backing away from this board.
Fido, I know for a fact that FSP is working on many new issues, ie: radio spots, ad campaign, updated web site etc. But new ticker symbol in not one of them. New things will happen and are in the planning stage. Be patient this company will go!!! Hopefully they don't remove this post for some unknown reason.
My previous post was removed so I'll try again. I do know people at FSP and I am familiar with the company. I'm not selling my stock and moving on because of the company. I still believe in FSP and what they are trying to achieve. My avg PPS is about 4 cents so I will not be taking a meaningful loss and I have done very well with other investments, bought Ford at 96 cents not to long ago. I'm just tired and frustrated with the ridculous administration of this board. Reminds me of an old TV series called "The Gong Show"
when are they going to bury this corps?
You're right about this board but dead wrong about the company!!! It is going to go maybe not soon but it will Fly.