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OhWell, you are probably correct about them recognizing the number. I know the receptionist at the clinic already knows and recognizes "The Donna" number and voice. She said that she wishes all these people with investment questions wouldn't call her because she can't do anything for them except pass along their number and message
The following comes from vendors, staff and employees of Fresh Start.
Barry and Bill are out of the picture and have virtually nothing to do with Fresh Start any longer (except for a few dangling pieces of unfinished work). There's a new CFO on the public side, Patrick Brown, some of his duties are investor relations and news and press releases. Employees are confirming that the company has changes and new funding coming very soon and are looking at expansion of the business in the near future. Receptionists and Operators are complaining that they are receiving hundreds of calls and questions regarding investments and stocks at the clinics main number. They do not know anything about these subjects and can only refer the messages to Neil and Patrick who are responsible for the inquiries. They are starting to respond to those messages.
Fresh Start is still doing the procedures and are billing insurance companies. Aetna has approved many Fresh Start claims and have been paying for the services. Many other insurance company claims have been filed and are expected to paid in the near future. The Orange County Court Ordered Alcohol Treatment with Fresh Start has been stalled for a while because of movement of Judges and delays in paperwork but is still in the works. Everyone at Fresh Start are very optomistic and are expecting a surge in business in the near future.
It all sounds very positive and I hope it means that positive things are going to reported in the Quarterly report next week.
I beleieve that just about all that can be said has been said about this stock. All questions, concerns and curiousities have been expressed in one form or another. Everyone is waiting for the next Quarterly report to be filed and made public which will answer just about all final questions. Everyone is waiting for the axe to fall, one way or another. I hope the report contains all the info that we are hoping for otherwise this stock maybe doomed.
That seems like a major conflict of interest to me. I would have been fired in a millisecond if I tried to promote a seperate entity on my company's time. Wow!!
I know CEYY has some creative contracts with it's vendors and suppliers but to allow senior management this kind of freedom is a little overboard.
Is it just me or does that e:mail seem just a little to generic. I worked 30 years in business at the corporate level and we would have never sent an email that would have only been signed with a first name , especially by the CEO, and it would have definitly included his title. It would have also had more of an explanation of what the subject matter was about and a time and place for the event. Maybe it's because they are small time players and not a Fortune 500 company, just seems a little odd to me.
Glad to know I'm not the only one!!!
I really don't expect to hear from them it just amazes me what some people will post. Doubts? I think we all have doubts but I've made up my mind to see this thing thru one way or another. If it fails the financial loss won't cause permanent harm except maybe to my ego!! Each of us must decide whats right for ourselves.
I'm still waiting to hear kr8sisal's insider information. It should be real interesting!!!
Yes, My son does work with Fresh Start thru his clinic and is still performing services for them. He does not have and can't get any more information than we get. He is not an insider and wouldn't provide any news even if he had it until it was made public. All he says is that they are still working and doing the procedures and haven't heard anything about mergers, sellouts or cessation of business activities.
I would think that if the company had bailed that business as usual would not be continuing and that any of its contracted clinics and employees would have been informed of such and to discontinue services. Until that happens I'm still riding this elephant.
I totally agree that we as share holders deserve and need info to help guide us with our financial decisions and it would be prudent for the company to provide some info for us to be able to do that, but they are not really obligated by any statute or law to provide anything more than the federal requirements. Which they have done.
I believe some on this board should bale, if they are that frustrated and no longer believe in the stock then cut your losses and go. I've bought 50000 share at $0.135 so I haven't been hurt that bad and I'm going to hold on till it sinks. But I still have some faith that they can and will turn it around and start to make a real company out of this mess. But to name call and insult those that may want to hold on is childish and not very brotherly. And by the way is a violation of this boards TOS policy.
While some are said to be drinking the "Cool Aid" I wonder what the others are "smoking" it must be good stuff!!!
I've never seen so many adults act so poorly, other than those in the US Senate and House of Representatives, as some on this board. Slamming others because they have hope and faith that this stock will eventually take off is childish and rude. Calling management of the company thieves and crooks with no evidence to back it up except ones own opinion is really mature, right? No one on this board has any idea at all what is going on within this company, what they are working towards or where their business plans will take them, and the company has no obligation to tell anyone. While the PR from the company has been poor at best it doesn't mean that the company isn't working to achieve a successful company.
I guess I have more faith in my fellow man than some here. I'll wait till there is evidence before I condemn anyone. And if this stock does tank, did anyone twist my arm to buy it???
Donna, I believe the form for registering Restricted shares is Form 8 K. Sorry I meant to put this in my previous post.
Hi Donna, The rule regarding the sale of restricted shares is SEC Rule 144 and the form for that purpose is SEC Form 144. Any sale of less than 5000 shares does not warrant the filing of Form 144. Hope this helps.
Preacher where did you get your info about FSP fliping this stock? I really don't see or haven't heard any indication of that happening. It could just as well be penny-stock day traders doing their thing trying to make a few bucks.
The pps is over 0.11 have you dumped all your shares like you said you where going to? If so, then you have also contributed to the fluctuations that we are seeing. I would almost bet it's more the "day traders" and "pump and dumps" that are causing what we are seeing. Do you really believe that the FSP management would dump their shares to make a couple thousand dollars when they stand to make millions when this thing goes? The monies from the sale of a few thousand shares is chump change and can be written off against any receivables if this venture fails.
I'm with you, I'm staying put for the long run. I found about CEYY last year through my son (when they contracted his clinic)and became very excited about what they were doing. I've got 50000 shares that I bought earlier this year when the price was low. Hoping these guys finally get their business plans together so it will take off. They seem to be doing very well in Australia and New Zealand.
The people I know that are associated with them are getting paid and don't seem to be worried about payment. Please share your inside info, it seems to be different from what I've seen.
I would think if they were working a deal with a big med company that they would want to pump stocks prices as high as they could to inflate company value for a buy out, as for small cap possible I suppose.
My local clinic hasn't heard anymore regarding "business Changes" since last phone contact about 2 weeks ago. They are still performing the procedures and filing claims for their services. Business is great for them with more appointments being scheduled everyday. My son is amazed with the procedure. He says it takes him very little time to perform and he says it virtually starts to work overnight.
He performs work at his clinic during the week and usually works at the Fresh Start Facility 1 day helping with physcial exams and counseling patients. He has asked what is going on with the business side of Fresh Start and has been told virtually the same story that Barry tells everyone. Which is no surprise to me since this is all that management wants to be released at this time. Barry is just a mouthpiece for management and can not says anything more than they instruct him to. Fresh Start Private is not going to release anything that could disrupt their business plans or strategies.
"Oh yee of little faith.." I too will go down with this ship but I still have hope that it will recover and bounce back. My faith and over 40 years in business has give me patience and the knowledge to know that "business" moves at it's own pace and issues will be resolve in their own time. Companies won't reveal anything about their operations, business plans or strategies that could make them susceptible to business losses to other companies. They really don't have to make public any information other than the required Federal Quarterly Reports. Matter of fact they have to be very careful of the type of information they do release so as to avoid insider trading issues.
If I loose my investment it's my fault and I can't blame anyone else not even CEYY. If I get duped, I blame myself, shoulda done more DD.
The clinic was contacted because it is under contract to CEYY to perform Fresh Start Services and it had questions regarding rumors of possible closing of business operations, mergers, and ownership changes. I believe they were trying to ease tensions and minds at its contracted vendors. Makes sense to me, wouldn't want to loose a clinic if your serious about continuing business operations!!
A local clinic here in L.A. County was contacted by someone at CEYY Tuesday and told to expect some changes in the business soon and that they would be notified as soon as this Friday but probably not till next week after the weekend holiday, probably same time as when it will be made public. No info as to what the changes might be, but told that the changes should not affect business operations.
The video was filmed at my son's clinic, his clinic is also a provider of the Fresh Start Alcohol procedure. They have been providing the service for about 6 months now. At first his clinic was receiving regular updates from Fresh Start, at the same time it was made public, as to how business was going and updates as to when insurance companies might be signed on to start handling claims and even when advertising would start and where. But as of late they have not received the same amount of information from CEYY. Info has been slower in coming and less in content. But they have been doing a fairly steady amount of new business and procedures. Something big is going on within CEYY but nobody seems to know exactly what.
That commercial is not a new one and it has been ran before, it was produced about 8-9 months ago. The doctor in the video is my son.
I wouldn't hold my breath that the merger or any news will be made public by the end of June. The end of June time table is an estimate as to when they believe they could accomplish the transaction. Business' move at their own pace and if transactions are completed on or before there estimates then great but if it takes a month longer then it's still within reason as long as it accomplishes its intended purpose. Spent many years with Hughes and Boeing sitting in meetings negotiating business deals, time tables are important but not absolute.
I am not an expert on what business' need to report or how they report them and I am not sure how CEYY is set up or where their funds from their business dealings go or are reported. I suppose that it could also depend on how contracts with individual clinics are arranged. Services could be contracted through one side of a business with contractural and financials arranged through a separate organization or corporation.
It is very possible that through the required reporting period that they did in fact not have reportable revenue, they had filed insurance claims which may or may not have been approved or paid at the time of filing.
I agree that CEYY's PR has been terrible and I believe that they are only hurting themselves with their silence. As with most people on this site I'm also heavily invested in CEYY and waiting for more info.
There is definitely a clinic in Santa Ana. My son's clinic in Long Beach is also offering the procedure, I have even seen checks from Fresh Start Private Management to his clinic for services completely. So I do know that there is business being done, insurance claims being filed and payments being completely.
The are still on the radio and my son's clinic is still performing the proceedures and getting paid for insurance claims. I think it will go big ince the financials are worked out.
Most PR is on the internet and through Clear Channel in the LA area. My son's clinic is one that is offering this treatment, it has gone over very well with new patients everyday. He has heard thru the grapevine that the biggest issue facing CEYY and why it hasn't gone big yet is because it is having cash and working capital issues.