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| CEYY Revenue Projections are Stellar |
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 Hot Stock to Watch
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Company: Fresh Start Private Management Inc. (OTCQB: CEYY)
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End of Day:
Price: 0.0391
Change (%): + 0.0009 (2.25)
Volume: 14,000 |
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Fresh Start Private Management, Inc. Announces 2014 Revenue Projections
LOS ANGELES, CA-(Marketwired - Oct 15, 2013) - Fresh Start Private Management, Inc. (OTCQB: CEYY) released its revenue projections for 2014. Now that monies have begun to be paid out from a major insurance carrier in California that constitutes the overwhelming majority of the clinic’s patients, the company is in a better position to project future revenue from both California clinics. Now that reimbursement is occurring, marketing has been resumed. With the San Francisco area clinic opening soon, Fresh Start Private projects that those two clinics alone will result in approximately 3.6 million dollars in revenue to Fresh Start Private Management, Inc. during fiscal 2014. This doesn’t include revenue expected from the future clinics in Nebraska and Arizona, as well as other possible locations in the US or abroad.
“These projections are conservative and realistic based on analysis of past marketing campaigns done by the clinic. It’s important for our shareholders to know that attracting patients is not a problem when marketing is done. Any stalls in business have been due to a cash flow back-up while we were waiting for the clinics to get reimbursed from insurance carriers. The company’s hands were tied as we patiently allowed them the time to negotiate the insurance process. Processing claims and actually getting paid for claims are not one in the same. Having any insurance pay is a huge milestone in our industry,” stated Kent Emry, CEO of Fresh Start Private. “It’s exciting to imagine what our revenue projections will look like once we have 10 clinics online.”
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