WEST PALM BEACH, Fla.,
July 21, 2011 /PRNewswire/ -- The
following is being announced by A Clean Slate, Inc. (OTC Pink
Sheets: DRWN), (http://www.acleanslateinc.com)
A Clean Slate, Inc., a Company that provides a variety of
services for financially distressed consumers announced today that
the Company has added a prominent individual to their advisory
council, Theodore A. Offit.
Theodore A. Offit is a co-founder
of the law firm of Offit Kurman. Today, Offit Kurman employs
more than 140 staff members with offices serving clients in
Washington, Baltimore, and Philadelphia. Ted is the firm's Managing
Principal.
"We are pleased that Ted has agreed to serve on our Advisory
Council," said Bob Goldman, Chairman
and President of A Clean Slate. "Ted has conveyed his desire to
share his expertise with A Clean Slate and is excited by the
opportunity. Among some of the things he will be providing for our
Company is making recommendations for both the short and long-term
business strategies to be employed by the Company. Mr. Offit
will also be monitoring and assessing the market for the Company's
business and advising the Board with respect to such markets and
making recommendations on appropriate business strategy on an
ongoing basis as well as many other quality services."
The financial crises has affected a large percentage of the US
population and the numbers are frightening:
There were more than 1.5 million bankruptcies in 2010. Among
some of the staggering numbers that this economy has produced
are:
Total US consumer debt has risen 3% in March 2011 to $2.419
Trillion
US credit card 180-day delinquency rate: 6.21% in February 2011 an increase from 5.97%.
11.1 Million Households or 23% of all mortgaged homes are
"underwater" in Q4, 2010.
About A Clean Slate, Inc.
A Clean Slate, Inc. is a company that focuses on simplifying,
expediting and humanizing the required steps for "Financially
Distressed Individuals and Families" to achieve "A Clean Slate" and
become productive members of a "Financial Well-Being Community",
regaining their self respect and quality of life. The Company
provides the "Financially Distressed" with access to a proprietary
based software platform that can be initiated from the comfort of
their homes. This system has everything needed to help an
individual determine the best course of action to attain A Clean
Slate, get a Fresh Start, and reenter the Financial Well-Being
Community with dignity.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "May," "intend," "expect," and
similar expressions identify such forward-looking statements.
Although expected, actual results, performance, or achievements
could differ materially from those contemplated, expressed, or
implied by the forward-looking statements contained herein. A Clean
Slate's ability to implement its growth strategy will be dependent
on, among other things, its ability to obtain sufficient funding to
continue and build its own operations and to acquire other
businesses. These forward-looking statements are based largely on
the expectations of A Clean Slate, Inc. and are subject to a number
of risks and uncertainties. These include, but are not limited to,
risks and uncertainties associated with: the impact of economic,
competitive, and other factors affecting A Clean Slate, Inc. and
its operations; its markets, products, and performance, and other
factors detailed in reports filed by A Clean Slate, Inc. with the
SEC.
SOURCE A Clean Slate, Inc.
