FSPP Low float, up 67% on very low volume. PR:
Freshstart Properties, Inc. Engages IR Firm
Assets and Revenues Are Increasing
TACOMA, WA, May 18, 2007 (MARKET WIRE via COMTEX) -- Freshstart Properties, Inc. (PINKSHEETS: FSPP) has extended its relationship with True Investments, Inc. as the company's Investor Relations Firm.
Ty Olstad, President/CEO, of True Investments, Inc. states, "FSPP is in a great position to advance to the next level. The company's asset base and revenues are steadily increasing to great numbers. Freshstart Properties, Inc. is playing a very active role in acquiring well selected investment property and multi-family rentals."
The economy in the Seattle/Tacoma region is reaching unprecedented high levels with investors rushing to place funds in the real estate market of Seattle/Tacoma. The population has increased by 2% over the last six months and is expected to continue to rise. Add in all the real estate factors in this region: employment base 4% growth, population growth 2%, vacancy declining to 4.7%, and rent increasing by 4%, the valuation of the company will constantly rise.
About Freshstart Properties
Freshstart Properties Inc (PINKSHEETS: FSPP) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.