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Free and Clear Equity Inc
16th Floor, South Tower,
201 N. Illinois Street
Phone: (317) 610-3252p:317 610-3252 INDIANAPOLIS, IN  46204  United States
Business Summary
Free and Clear Equity, Inc. (FACE) is a development-stage company. FACE is focused primarily on acquiring commercial real estate and mortgages secured by commercial real estate, located in the United States. The Company plans to invest in several types of commercial real estate, including real estate used for warehouse/distribution facilities, for retail and for offices, focusing on existing buildings with triple net leases in place. The Company may also acquire real property used for apartments. The Company’s plan is to purchase all of its investments with cash or short-term financing and remain free of long-term debt. As of December 31, 2010, the Company had not generated any revenue.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/201112/31/2010YesYes---

Industries
SIC Code Description
6798 Real estate investment trusts
6726 Unit investment trusts, face-amount certificate offices

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Executive Officer, Director Chance W.Bunger 40 8/1/2010 8/1/2010
Chief Financial Officer, Treasurer, Director Thomas G.Ferkinhoff 48 8/1/2010 8/1/2010
Secretary, Director Jeffrey J.Jinks 45 1/1/2010 1/1/2010
4 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 32,678,400 (As of 3/31/2011)
Federal Tax Id: 273117433


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