The Street Fam member and CBL Entertainment CEO issues his first statement to the press since his incarceration.  Freck began by stating "I'm thanking God for answering all my prayers... finally all the grinding and hard work paid off... the Street Family you know me, (Paul) Cain, (Red) Cafe, and Fab just did our deal with a major."

Freck's longtime friend and personal manager, Omar "Animal Steele" Barnes, added "Freck is the best bar for bar new artist in the public eye and we want to thank all of the fans who have shown their support through these trying times."  Steele has also confirmed that Freck remains focused and is in fact making business moves.  Upon his release from jail, Freck has already gotten back in the booth with fellow group member, Fabolous and producer Neo Da Matrix to work on new material for the Street Family Album.

Freck was recently featured on several tracks off of the Fabolous and DJ Drama critically acclaimed Gangsta Grillz mixtape entitled "There Is No Competition." He is also releasing his own Kidd Domination and Freck Billionaire: This Is Family the mixtape today, via the internet.  Freck says "I wanted to give y'all a lil treat, so my man Animal hooked me up to Kidd Domination to put together a 'Best Of' CD."

As Freck Billionaire diligently sifts through his gmail to find gems for his follow-up to the 2006 "A Fistful Of Dollars" street album the kid's future never seemed more bright.  "I'm using the next CD to get in training for my solo major label debut which is like a title fight to me."  It's not hard to tell who the next Heavy Weight Champ of the rap game will be.