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Thursday, June 09, 2011 4:45:23 PM
Fresh Start MANAGEMENT needed money, and serious money. They bought CEYY to get in the OTC without much effort. Much easier than filing all the paperwork. Fresh Start Private (the actual private company) retained all the assets and patents but CEYY is not worth a plug nickel. If they were serious about this, why have they not applied for a stock ticker change?
They used the investor money to get started (ie - mine and your dollars). Remember that I said 16 million shares became eligible ,in May, to be sold. That is why pps is dropping. They, IMO, are dumping small amounts of shares everday to raise capital. We will see when the SEC filings become available.
I am not completely ruling out a merger with positive results and the only reason to be even somewhat encouraged is this very board and all of your posts saying you are hearing the commercials and the clinics. The website and call centers are up and running. IR can be contacted and they do respond.
I still say, if you get to the point of breaking even or a small loss, get out while you can. Only time will tell.
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