A Clean Slate, Inc. (PINKSHEETS; DRWN) is headquartered in Freehold, New Jersey and is primarily engaged in buying "distressed properties." As a buyer of distressed real estate and mortgages, the company plans to make loans for residential properties where loan to value ratios does not exceed 60 percent. The properties that the company acquires will be rented immediately so that there will be a positive cash flow on all monies invested. Primarily the properties will be in Florida, as the company believes there is liquidity in the Florida real estate market.
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