AndhraNews.net
Home » Business News » 2013 » July » July 2, 2013

Fresh Start Private Executes Letter of Intent to Sell Licensing Rights to Northern California


July 2, 2013 - LOS ANGELES, CA

Fresh Start Private Management Inc. (OTCQB: CEYY), a leader in alcohol treatment and rehabilitation programs, announced it has entered into a letter of intent to sell the exclusive license and distribution rights of its proprietary implant formula and alcohol treatment program to Fresh Start NoCal, LLC.

Under the terms of the pending agreement, Fresh Start NoCal will agree to pay Fresh Start Private an upfront licensing fee of up to $1,000,000 plus running royalties on revenue generated in the territory.

The population of Northern California is over 14 million people and covers the metro areas of San Francisco, Sacramento, and Fresno. This pending agreement creates the potential to help thousands of people suffering from this deadly disease in the Northern 48 counties of California.

Brady Granier, COO of Fresh Start Private, states, "We are very excited to partner with Fresh Start NoCal. It is the next step in our company's plan for expansion in the United States. Our goal is to make our program conveniently available to millions of Americans, and their families, suffering from alcohol abuse."

About Fresh Start Private

Fresh Start Private is an alcohol treatment and rehabilitation company that is on the leading edge of alcohol addiction treatment. Fresh Start Private has developed a treatment program that is highly effective in the treatment of Alcohol abuse. The program utilizes an implant procedure to deliver targeted, therapeutic levels of the FDA-approved Naltrexone drug that significantly reduces patients' cravings for alcohol. Fresh Start's revolutionary alcohol treatment program has a high proven success rate with thousands of patients treated to date worldwide. The program is administered as an outpatient procedure by licensed physicians, where patients would not need to miss more than one day of work and are able to receive the treatment without co-workers or family members knowing.

For more information on CEYY, please visit www.freshstartprivate.com

Safe Harbor
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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

For more information contact:

Investor Relations
Email Contact

MarketWire

Comment on this story

Share