Distressed Asset Acquisition Group, Inc. Sells Minority Position
February 08 2012 - 1:46AM
PR Newswire (US)
NEW YORK, Feb. 8, 2012
/PRNewswire/ -- Distressed Asset Acquisition Group
(daaqinc.com) today announced that it has reached an agreement to
sell a minority position of the Company to a subsidiary of A
Clean Slate Inc. (DAAG Acquisition corp.) (OTC:DRWN), a publicly
traded company.
Mr. Frank Castellano will become
the President and Chief Operating Officer of A Clean Slate Inc.
while remaining the President of Distressed Asset Acquisition
Group, Inc. Mr. Castellano holds a B.S. of Business Management from
the College of Staten Island.
About Distressed Asset Acquisition Group, Inc.
We are a buyer of distressed assets primarily real estate
however the company will consider other sectors and is also a hard
money lender for commercial and residential real estate. The
company also will lend to small businesses. The company believes
that their strategy of hard money lending works in
conjunction with acquiring distressed assets, you can visit the
company's website at http://www.daaginc.com or follow us on
facebook.
www.daaginc.com
SOURCE Distressed Asset Acquisition Group, Inc.
Copyright 2012 PR Newswire
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