Distressed Asset Acquisition Group, Inc. Sells Minority Position

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.