Fresh Start Private Management, Inc. Executive Salary Reduction Notice
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 10/29/13 -- Fresh Start Private Management, Inc. (OTCQB: CEYY) announced today that in response to the company's ongoing efforts to decrease expenses, increase revenue and protect the future well-being of Fresh Start Private Management Inc., all executives are decreasing their annual salaries to $75,000. With reimbursement from major insurance carriers beginning to make its way to the Santa Ana clinic and the ongoing expansion of clinics in other regions, this further puts the company on a more solid foundation. This move alone will reduce total annual executive salaries by 62.5 percent.
"We unanimously decided to reduce our salaries in support of our belief that we are all here for the long haul. We believe in our company's product, mission, and evolving management team and have confidence that the outcome from this measure will better position the company for a solid financial future. Our team has a vision for what the world can look like once more families can be helped and this reduction in salaries is a strategic sacrifice we are willing to make to strengthen the company's financials which will allow for growth and expansion," said Kent Emery, CEO of Fresh Start Private Management, Inc. "We are extremely focused on executing our strategy and this is just another step in the process."
Fresh Start Private Management, Inc. (OTCQB: CEYY) is an alcohol treatment and rehabilitation company on the leading edge of alcohol addiction treatment. The company has developed a highly effective program consisting of two main components used by various alcohol addiction clinics in the US. Clinic reports show that the treatment program has an 85% success rate with individuals that complete the program. The first component of the program consists of an outpatient implant procedure performed by a licensed physician that delivers targeted, therapeutic levels of the drug Naltrexone, an opiate antagonist that significantly reduces physical cravings for alcohol, into the body. The second component of the program developed by Fresh Start Private is a one on one coaching program specifically tailored for the treatment of alcoholism. For more information on CEYY, please visit
The information in this release includes forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "estimate," "become," "plan," "will," and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.
Investor Relations Contact:
Maximum Performance Advisors, Inc.
858-381-4677
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Datum: 29.10.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 1276942
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