Freshstart Properties, Inc. Assets Valued Over $1.8 Million
Market Wire "US Press Releases "
TACOMA, WA -- (MARKET WIRE) -- 03/30/07 -- Freshstart Properties, Inc. (PINKSHEETS: FSPP) once again exceeds expectations. FSPP has increased its asset base by $1.8 million in only one month. Returns from property acquisitions alone are averaged to 20.5%. Revenue streams on rental properties continue to increase. FSPP has another two projects to start in early April.
Leading real estate advisors have stated that coming into 2007 vacancy has dropped from 4.7% to 3.5% and rents are projected to increase by 4% every six months. The Puget Sound area for multi-family housing is far ahead of historic rates. This will continue to grow with an estimated 52,000 jobs coming to the Pacific Northwest.
Mr. Maherali states, "It definitely makes a difference that FSPP is located in the Tacoma area. The real estate market is phenomenal; and Freshstart Properties has set its pace in the playing field. FSPP will continue to increase profit and asset base. Over the last two years the demand for properties has increased 20%. Investors have proven that this region is in demand for immense opportunity."
About Freshstart Properties
Freshstart Properties, Inc. (PINKSHEETS: FSPP) is a publicly traded, real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Freshstart Properties, Inc. Adds to Its Asset Base
Market Wire "US Press Releases "
TACOMA, WA -- (MARKET WIRE) -- 05/10/07 -- Freshstart Properties, Inc. (PINKSHEETS: FSPP) has announced another acquisition to its already growing real estate asset base. The latest purchase is a 2 bedroom, 1 bath home, located at 3809 South Mason, Tacoma, WA. The property is situated on a lot which is over 10,000 sq ft and is a prime candidate to be rezoned to a higher density. The purchase price is $163,000.00 and the current rent is $795.00 per month.
According to Mr. Maherali, President and Chief Executive Officer, "All indications show that the housing market has stabilized, and this appears to be a perfect time to acquire well selected real estate. There are plenty of bargains currently in the market place. The Pacific Northwest is an attractive place to invest as employment continues to be strong and rate of returns on investments are increasing."
About Freshstart Properties, Inc.
Freshstart Properties, Inc. (PINKSHEETS: FSPP) is a publicly traded real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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FSPP -- Freshstart Properties, Inc.Com ($0.001) Address: 1702 Sixth Street Tacoma, WA 98405 USA
Phone: 253-383-7194 Fax: 253-572-2395 Business Description: Not Available Primary State of Incorporation: Nevada Country of Incorporation: USA Officers: Kali Palmer, President Outstanding Shares: 31,100,000 as of 2006-09-30 Estimated Market Cap: Not Available Authorized Shares: 75,000,000 as of 2006-06-30 Current Capital Change: Dividends: Transfer Agent: Signature Stock Transfer, Inc., Plano, TX 75093
About Freshstart Properties, Inc. Freshstart Properties Inc. (PINKSHEETS: FSPP) is a publicly traded, real estate company engaged in the acquisition, ownership, management of revenue producing real estate assets. The company conducts its operations in and around the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate. Please visit Freshstart's web site at www.freshstartpropertiesinc.com for additional information relating to its properties.
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Hey duke where did you hear this large homebuilder buyout?Do you own any of this stock?what is your positin held?please help
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT? Posts: 2048 | From: THE LAND OF CAPS LOCK. | Registered: Oct 2004
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Hello Capt. Saw some talk over on HotStock. Com. and apparently housing is growing in this area. do the dd
Posts: 251 | From: nashville | Registered: Jan 2007
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(PinkSheets: FSPP) Current Price (0.03) www.******************.com TACOMA, WA----May 10, 2007 -- Freshstart Properties, Inc. (Other OTC:FSPP.PK - News) has announced another acquisition to its already growing real estate asset base. The latest purchase is a 2 bedroom, 1 bath home, located at 3809 South Mason, Tacoma, WA. The property is situated on a lot which is over 10,000 sq ft and is a prime candidate to be rezoned to a higher density. The purchase price is $163,000.00 and the current rent is $795.00 per month. Freshstart Properties, Inc. (Other OTC:FSPP.PK - News) is a publicly traded real estate development company operating in the Pacific Northwest. The company's principal objective is to create equity and long-term earnings growth through the acquisition and development or renovation of undervalued and foreclosed real estate
Posts: 251 | From: nashville | Registered: Jan 2007
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Dilution going on it looks like. Red flags should of went up on Thrusday of last week. Volume was way above average (3 mil) and yet the PPS closed down. STAY AWAY!
Posts: 249 | From: PA | Registered: Feb 2006
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Yes, this really needs to rebound. I think the sell off was for acquisition purposes. (imo)
Posts: 251 | From: nashville | Registered: Jan 2007
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