UNITED STATES
 SECURITIES
AND EXCHANGE COMMISSION
 WASHINGTON, D.C.
20549
  FORM
10-Q
  [X]
QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
OF
  1934
  For the
quarterly period ended: February 28, 2010
  or
  [
] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT OF
1934
  For the
transition period from ________________ to __________________
  Commission
File Number 333-145979
  FRESH START PRIVATE
HOLDINGS, INC.
  (formerly River Exploration,
Inc.)
  (Exact
name of business issuer as specified in its charter)
 
 Nevada
                _______________________________
                (State
      or other jurisdiction of incorporation
      or
      organization)
              20-5886006
                ___________________
                (IRS
      EmployerIdentification
      No.)
 
 112 North
Curry Street
 Carson City, Nevada,
89703
 (Address
of principal executive offices)
 
 (775)
321-8267
 (Registrant's
telephone number, including area code)
  Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes [X] No [ ]
  Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.
  Large
accelerated filer [   ] Accelerated filer [   ] Smaller
reporting company [X]
  Non-accelerated
filer [    ] (Do not check if a smaller reporting
company)
  Indicate
by check mark whether the registrant is a shell company (as defined in rule
12b-2 of the Exchange Act). Yes [X] No [    ]
  Indicate
the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of May 11, 2010 the registrant had
70,230,000 shares of common stock, $0.001 par value, issued and
outstanding.
  
 `
 
 
 
 
 
 
 
 
 1
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 
 FINANCIAL
STATEMENTS
 (Unaudited)
 
 FEBRUARY
28, 2010
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 INTERIM
BALANCE SHEETS
 
 INTERIM
STATEMENTS OF OPERATIONS
 
 INTERIM
STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT)
 
 INTERIM
STATEMENTS OF CASH FLOWS
 
 NOTES
TO THE INTERIM FINANCIAL STATEMENTS
 
 
 
 
 2
 
 
 
 
 
 
 
 FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 
 INTERIM
BALANCE SHEETS
 
 
 February
      28, 2010
                (Unaudited)
              
              
              November
      30, 2009
                (Audited)ASSETSCURRENT
      ASSETSCash
              
              $
              3,047
              
              
              $
              689TOTAL
      ASSETS
              
              $
              3,047
              
              
              $
              689LIABILITIES
      AND STOCKHOLDERS’ EQUITY (DEFICIT)CURRENT
      LIABILITIESAccounts payable and accrued
      liabilities
              
              $
              21,226
              
              
              $
              24,948Due to related party (Note
      3)
              
              
              19,483
              
              
              
              18,462Loans payable (Note
      4)
              
              
              36,119
              
              
              
              22,831TOTAL
      CURRENT LIABILITIES
              
              
              76,828
              
              
              
              66,241STOCKHOLDERS’
      EQUITY (DEFICIT )Capital stockAuthorized200,000,000 shares of common
      stock, $0.001 par value,Issued and
      outstanding70,230,000 shares of common stock
      (2009 – 70,230,000)
              
              
              70,230
              
              
              
              70,230Additional paid-in
      capital
              
              
              (47,530
              )
              
              
              (47,530
              )Deficit accumulated during the
      exploration stage
              
              
              (96,481
              )
              
              
              (88,252
              )Total
      stockholders’ deficit
              
              
              (73,781
              )
              
              
              (66,552
              )Total
      Liabilities and Stockholders’ Equity (Deficit)
              
              $
              3,047
              
              
              $
              689
 
 
 
 
 Going
Concern (Note 1)
 Subsequent
Event (Note 5)
 
 
 ______________________
 Director
 
 
 
 
 
 
 
 
 
 The
accompanying notes are an integral part of these interim financial
statements
  3
  FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 
 INTERIM
STATEMENTS OF OPERATIONS
 (Unaudited)
 Three
      months ended
                February
      28, 2010
              
              
              Three
      months ended
                February
      28, 2009
              
              
              Cumulative
      results of operations from November 1, 2006 (date of inception)
      to February 28, 2010EXPENSESOffice
      and general
              
              $
              (260
              )
              
              $
              (478
              )
              
              $
              (9,991
              )Foreign
      exchange gain/(loss)
              
              
              (1,257
              )
              
              
              561
              
              
              
              1,335Mining
      expenses
              
              
              -
              
              
              
              -
              
              
              
              (6,044
              )Professional
      fees
              
              
              (6,712
              )
              
              
              (3,782
              )
              
              
              (81,781
              )NET
      and
                COMPREHENSIVE
      LOSS
              
              $
              (8,229
              )
              
              $
              (3,699
              )
              
              $
              (96,481
              )
 
 
 
 BASIC
      AND DILUTED NET LOSS PER COMMON
                SHARE
              
              $
              (0.00
              )
              
              $
              (0.00
              )WEIGHTED
      AVERAGE NUMBER OF BASIC AND DILUTED COMMON SHARES
    OUTSTANDING
              
              
              70,230,000
              
              
              
              70,230,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 The
accompanying notes are an integral part of these interim financial
statements
  4
  FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 
 INTERIM
STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT)
 Cumulative
from inception November 1, 2006 to February 28, 2010
 (Unaudited)
     Common Stock
              Additional
      Paid-in Capital
              Share
      Subscription Receivable
              Deficit
      Accumulated During the Exploration Stage
              Total
 Common
      stock issued for cash at $0.000022 per share-
      November 16, 2006
              
              
              427,500,000
              
              
              $
              427,500
              
              
              $
              (418,000
              )
              
              $
              -
              
              
              $
              -
              
              
              $
              9,500-
      Share Subscription receivable
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (9,500
              )
              
              
              -
              
              
              
              (9,500
              )Net
      loss for the period
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (1,413
              )
              
              
              (1,413
              )Balance,
      November 30, 2006
              
              
              427,500,000
              
              
              
              427,500
              
              
              
              (418,000
              )
              
              
              (9,500
              )
              
              
              (1,413
              )
              
              
              (1,413
              )Share
      subscription received
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              9,500
              
              
              
              -
              
              
              
              9,500Common
      stock issued for cash at $0.00044 per share – October 2007
              
              
              19,800,000
              
              
              
              19,800
              
              
              
              (11,000
              )
              
              
              -
              
              
              
              -
              
              
              
              8,800– November
      2007
              
              
              5,400,000
              
              
              
              5,400
              
              
              
              (3,000
              )
              
              
              -
              
              
              
              -
              
              
              
              2,400Net
      loss for year
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (24,090
              )
              
              
              (24,090
              )Balance,
      November 30, 2007
              
              
              452,700,000
              
              
              
              452,700
              
              
              
              (432,000
              )
              
              
              -
              
              
              
              (25,503
              )
              
              
              (4,803
              )Net
      loss for year
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (32,324
              )
              
              
              (32,324
              )Balance,
      November 30, 2008
              
              
              452,700,000
              
              
              
              452,700
              
              
              
              (432,000
              )
              
              
              -
              
              
              
              (57,827
              )
              
              
              (37,127
              )Common
      stock redeemed at $0.000022 – March 25, 2009
              
              
              (382,500,000
              )
              
              
              (382,500
              )
              
              
              374,000
              
              
              
              -
              
              
              
              -
              
              
              
              (8,500
              )Common
      stock issued for cash at $0.35 per share – June 2009
              
              
              30,000
              
              
              
              30
              
              
              
              10,470
              
              
              
              -
              
              
              
              -
              
              
              
              10,500Net
      loss for year
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (30,425
              )
              
              
              (30,425
              )Balance,
      November 30, 2009
              
              
              70,230,000
              
              
              
              70,230
              
              
              
              (47,530
              )
              
              
              -
              
              
              
              (88,252
              )
              
              
              (65,552
              )Net
      loss for period
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              -
              
              
              
              (8,229
              )
              
              
              (8,229
              )Balance,
      February 28, 2010
              
              
              70,230,000
              
              
              $
              70,230
              
              
              $
              (47,530
              )
              
              $
              -
              
              
              $
              (96,481
              )
              
              $
              (73,781
              )
 
 
 All share
amounts have been restated to reflect the 45 to1 forward split in March
2009.
 
 
 
 
 
 The
accompanying notes are an integral part of these interim financial
statements
  5
  FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 
 INTERIM
STATEMENTS OF CASH FLOWS
 (Unaudited)
 Three
      months ended
                February
      28, 2010
              
              
              Three
      months ended
                February
      28, 2009
              
              
              Cumulative
      results of operations from November 1, 2006 (date of inception) to
      February 28, 2010OPERATING
      ACTIVITIESNet loss for the
      period
              
              $
              (8,229
              )
              
              $
              (3,699
              )
              
              $
              (96,481
              )Item
      not involving cashForeign
      exchange loss (gain)
              
              
              1,257
              
              
              
              (561
              )
              
              
              (1,335
              )Adjustment to reconcile net loss
      to
                net cash used
      in operating activities-
      accounts payable and accrued liabilities
              
              
              (3,798
              )
              
              
              2,027
              
              
              
              26,363NET
      CASH USED IN OPERATING ACTIVITIES
              
              
              (10,770
              )
              
              
              (2,223
              )
              
              
              (71,453
              )FINANCING
      ACTIVITIESProceeds
      from issuance of common stock
              
              
              -
              
              
              
              -
              
              
              
              22,700Due
      to related party
              
              
              1,021
              
              
              
              -
              
              
              
              19,483Loans
      received
              
              
              12,107
              
              
              
              -
              
              
              
              32,317NET
      CASH PROVIDED BY FINANCING ACTIVITIES
              
              
              13,128
              
              
              
              -
              
              
              
              74,500NET
      INCREASE (DECREASE) IN CASH
              
              
              2,358
              
              
              
              (2,233
              )
              
              
              3,047CASH,
      BEGINNING OF PERIOD
              
              
              689
              
              
              
              2,487
              
              
              
              -CASH,
      END OF PERIOD
              
              $
              3,047
              
              
              $
              254
              
              
              $
              3,047
 
 Supplemental
cash flow information
 Cash paid
for:
 Interest
              
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
 
 Income taxes
              
              
              
              $
              -
              
              
              $
              -
              
              
              $
              -
 
 
 Supplemental
non cash transactions:
 Redemption of common stock and
      Loan from related party
              
              
              
              $
              -
              
              
              $
              -
              
              
              $
              8,500
 
 
 
 
 The
accompanying notes are an integral part of these interim financial
statements
  6
  FRESH
START PRIVATE HOLDINGS, INC.
 (Formerly
RIVER EXPLORATION, INC.)
 (An
Exploration Stage Company)
 NOTES
TO THE INTERIM FINANCIAL STATEMENTS
 FOR
THE PERIOD ENDED FEBRUARY 28, 2010
 
 NOTE
1 – NATURE OF OPERATIONS and GOING CONCERN
 
 River
Exploration, Inc. (the “Company”) was incorporated on November 1, 2006 under the
laws of the State of Nevada and extra-provincially registered under the laws of
the Province of British Columbia on January 11, 2007. The Company is in the
initial exploration stage and was organized to engage in the business of natural
resource exploration in the Province of British Columbia.
 
 On March
5, 2010 the company’s name was changed to FRESH START PRIVATE HOLDINGS,
INC.
 
 Going
concern
 
 These
financial statements have been prepared assuming the Company will continue as a
going concern, which contemplates, among other things, the realization of assets
and liabilities in the normal course of business. The Company commenced
operations on November 1, 2006 and has not realized revenues since inception.
The Company has a deficit accumulated to the period ended February 28, 2010 in
the amount of $96,481. The ability of the Company to continue as a going concern
is dependent on raising capital to fund its business plan and ultimately to
attain profitable operations. Accordingly, these factors raise substantial doubt
as to the Company’s ability to continue as a going concern. The Company funded
its initial operations by way of Founders shares, the issuance of shares to
various investors, and loans.
 
 NOTE
2 – BASIS OF PRESENTATION
 
 These
interim financial statements have been prepared in accordance with U.S.
generally accepted accounting principles for financial information and with the
instructions to Form 10-Q and Item 310(b) of Regulation S. In the opinion of
management, all adjustments (consisting of normal recurring accruals) considered
necessary for a fair presentation have been included.  Operating
results for the three months ended February 28, 2010 are not necessarily
indicative of the results that may be expected for any interim period or an
entire year. The Company applies the same accounting policies and methods in its
interim financial statements as those in the most recent audited annual
financial statements.
 
 NOTE
3 – DUE TO RELATED PARTY
 
 River
Exploration, Inc. owes the sole director and President of the Company $19,483
(2009 - $18,462).  There are no definite repayment terms, no security
or accruing interest; accordingly fair value cannot be determined.
 
 NOTE
4 – LOANS PAYABLE
 
 At
February 28, 2010 the Company had a loan of $24,019 (Cdn$25,000) (2009 -
$22,831) from a third party for the purposes of funding its operations. The loan
agreement establishes no set date for repayment, is non-interest bearing,
non-secured and is payable on demand; accordingly fair value cannot be reliably
determined.
 
 On
January 15, 2010 the Company received a loan of $12,100 from a third party for
the purpose of funding its operations. The loan agreement establishes no set
date for repayment, bears interest of 4% per annum, is non-secured and is
payable on demand; accordingly fair value cannot be reliably
determined.
 
 NOTE
5 – SUBSEQUENT EVENT
 
 On April
1, 2010 the Members of the Board resolved to effect a 1-for-250 reverse split of
the number of issued and outstanding shares of the Corporation’s common
stock.
 
 This
transaction is awaiting regulatory approval and has not been reflected in these
financial statements.
  7
  ITEM
2: MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
  OVERVIEW
  Fresh
Start Private Holdings, Inc. (formerly River Exploration, Inc.) ("River
Exploration" the "Company," "we," "us") is an exploration stage company,
incorporated on November 1, 2006, in the State of Nevada, to engage in the
business of natural resource exploration in the Province of British
Columbia.
  The
Company did not generate any revenue during the quarter ended February 28,
2010.
  Total
expenses in the quarter ended February 28, 2010 were $8,229 resulting in an
operating loss for the fiscal quarter of $8,229. The operating loss for the
period is a result of professional fees in the amount of $6,712, office and
general in the amount of $260 and a foreign exchange loss of
$1,257.
  As of
February 28, 2010 the Director has advanced $19,483 to the Company and the
Company has obtained loans of $36,119 to maintain its operations.
  As at the
quarter ended February 28, 2010 the Company had $3,047 of cash.
  Our
auditors have issued a going concern opinion. This means that there is
substantial doubt that we can continue as an ongoing business for the next
twelve months unless we obtain additional capital to pay our bills. This is
because we have not generated any revenues since inception and no revenues are
anticipated until we begin removing and selling minerals. Accordingly we must
raise cash from sources other than the sale of minerals found on our property.
Our only other source of cash at this time is advances from our officer and
director and investments by others through loans or sale of our common
equity.
  We
anticipate that our current cash and cash equivalents and cash generated from
financing activities will be insufficient to satisfy our liquidity requirements
for the next 12 months. We expect to incur exploration and administrative
expenses as well as professional fees and other expenses associated with
maintaining our SEC filings. We will require additional funds during this time
and will seek to raise the necessary additional capital. If we are unable to
obtain additional financing, we may be required to reduce the scope of our
exploration activities, which could harm our business, financial condition and
operating results. Additional funding may not be available on favorable terms,
if at all.
  PLAN
OF OPERATION
  The
Company initially optioned the mineral title to the Pretty Girl, New Chum,
Venus, Beauty, Old Chum, Minnie Ha Ha Fr., Delos, Calamity Jane, Trojan, Horse,
Ass and Burro claims (totaling 53 units) registered collectively as the Pretty
Girl 3 and Pretty Girl 4 claims located in the Invermere area, British Columbia,
Canada. Effective June 30, 2009 the company has allowed the option on Pretty
Girl 3 and Pretty Girl 4 claims to lapse and no longer has an interest in
exploring these claims.
  The
Company is negotiating an option on a mineral deposit in China. Upon successful
negotiation of the option on the mineral deposit in China and over the next 12
months we plan to begin our staged development activities on the mineral deposit
to increase the data in the project database, expand the geological information
incorporated in the resource model, further validate the historical drilling
database and test to confirm the reliability of the atomic absorption
assays.
  These
planned development activities will be dependant on our ability to successfully
negotiate an option on mineral deposits and our ability to raise additional
funds. We also expect to spend an additional $15,000 on administration and
office expenses.
  We do not
anticipate the purchase or sale of any plant or equipment.
  We do
anticipate hiring two employees. We anticipate that any work on the negotiated
mineral deposit will be conducted by unaffiliated independent
contractors.
  OFF
BALANCE SHEET ARRANGEMENTS
  As of the
date of this quarterly report, the current funds available to the Company will
not be sufficient to continue operations. The cost to maintain the Company and
begin operations has been estimated at $75,800 over the next twelve months and
the cost of maintaining its reporting status is estimated to be $15,000 over the
same period. Our officer and director, Mr. Aird has undertaken to provide the
Company with operating capital to sustain our business over the next twelve
month period, as the expenses are incurred, in the form of a non-secured loan.
However, there is no contract in place or written agreement securing this
undertaking. Management believes if the Company cannot raise sufficient revenues
or maintain our reporting status with the SEC we will have to cease all efforts
directed towards the Company. As such, any investment previously made would be
lost in its entirety.
  There are
no other off-balance sheet arrangements currently contemplated by management or
in place that are reasonably likely to have future effect on the business,
financial condition, revenue, or expenses and/or result of operations.
   8
   ITEM
3. QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK
  We are a
smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934
and are not required to provide the information under this item.
  ITEM
4. CONTROLS AND PROCEDURES
  The
management of the Company is responsible for establishing and maintaining
adequate internal control over financial reporting, as required by
Sarbanes-Oxley (SOX) Section 404 A. The Company's internal control over
financial reporting is a process designed under the supervision of the Company's
Chief Executive Officer and Chief Financial Officer to provide reasonable
assurance regarding the reliability of financial reporting and the preparation
of the Company's financial statements for external purposes in accordance with
U.S. generally accepted accounting principles. As of May 11, 2010 management
assessed the effectiveness of the Company's internal control over financial
reporting based on the criteria for effective internal control over financial
reporting established in SEC guidance on conducting such assessments. Based on
that evaluation, they concluded that, during the period covered by this report,
such internal controls and procedures were not effective to detect the
inappropriate application of US GAAP rules as more fully described below. This
was due to deficiencies that existed in the design or operation of our internal
control over financial reporting that adversely affected our internal controls
and that may be considered to be material weaknesses.
  The
matters involving internal controls and procedures that the Company's management
considered to be material weaknesses under the standards of the Public Company
Accounting Oversight Board were: (1) lack of a functioning audit committee and
lack of a majority of outside directors on the Company's board of directors,
resulting in ineffective oversight in the establishment and monitoring of
required internal controls and procedures; (2) inadequate segregation of duties
consistent with control objectives; (3) insufficient written policies and
procedures for accounting and financial reporting with respect to the
requirements and application of US GAAP and SEC disclosure requirements; and (4)
ineffective controls over period end financial disclosure and reporting
processes. The aforementioned material weaknesses were identified by the
Company's Chief Financial Officer in connection with the review of our financial
statements as of May 11, 2010 and communicated to our management.
  Management
believes that the material weaknesses set forth in items (2), (3) and (4) above
did not have an affect on the Company's financial results. However, management
believes that the lack of a functioning audit committee and lack of a majority
of outside directors on the Company's board of directors, resulting in
ineffective oversight in the establishment and monitoring of required internal
controls and procedures can result in material misstatement in its financial
statements in future periods.
  We are
committed to improving our financial organization. As part of this commitment,
we will create a position to segregate duties consistent with control objectives
and will increase our personnel resources and technical accounting expertise
within the accounting function when funds are available to the Company: i)
Appointing one or more outside directors to our board of directors who shall be
appointed to the audit committee of the Company resulting in a fully functioning
audit committee who will undertake the oversight in the establishment and
monitoring of required internal controls and procedures; and ii) Preparing and
implementing sufficient written policies and checklists which will set forth
procedures for accounting and financial reporting with respect to the
requirements and application of US GAAP and SEC disclosure
requirements.
  Management
believes that the appointment of one or more outside directors, who shall be
appointed to a fully functioning audit committee, will remedy the lack of a
functioning audit committee and a lack of a majority of outside directors on the
Company's Board. In addition, management believes that preparing and
implementing sufficient written policies and checklists will remedy the
following material weaknesses (i) insufficient written policies and procedures
for accounting and financial reporting with respect to the requirements and
application of US GAAP and SEC disclosure requirements; and (ii) ineffective
controls over period end financial close and reporting processes. Further,
management believes that the hiring of additional personnel who have the
technical expertise and knowledge will result proper segregation of duties and
provide more checks and balances within the department. Additional personnel
will also provide the cross training needed to support the Company if personnel
turn over issues within the department occur. This coupled with the appointment
of additional outside directors will greatly decrease any control and procedure
issues the company may encounter in the future. We will continue to monitor and
evaluate the effectiveness of our internal controls and procedures and our
internal controls over financial reporting on an ongoing basis and are committed
to taking further action and implementing additional enhancements or
improvements, as necessary and as funds allow.
  There
have been no significant changes in our internal controls over financial
reporting that occurred during the quarter ended February 28, 2010 that have
materially affected or are reasonably likely to materially affect, our internal
controls over financial reporting.
  9
   
  PART
II. OTHER INFORMATION
  ITEM
1. LEGAL PROCEEDINGS
  The
Company is not a party to any pending legal proceedings, and no such proceedings
are known to be contemplated.
  No
director, officer, or affiliate of the Company and no owner of record or
beneficial owner of more than 5.0% of the securities of the Company, or any
associate of any such director, officer or security holder is a party adverse to
the Company or has a material interest adverse to the Company in reference to
pending litigation.
  ITEM
1A. RISK FACTORS
  We are a
smaller reporting company as defined by Rule 12b-2 of the Securities Act of 1934
and are not required to provide the information under this item.
  ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
  None.
  ITEM
3. DEFAULTS UPON SENIOR SECURITIES
  None.
  ITEM
4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
  On March
25, 2009 the Board of Directors the consenting stockholder adopted and approved
a resolution to effect an amendment to our Articles of Incorporation to effect a
forward split of all issued and outstanding shares of common stock, at a ratio
of forty-five-for-one (the "Forward Stock Split").
  The Board
of Directors and the consenting stockholder have also approved a resolution to
effect an amendment to our Articles of Incorporation to increase the number of
authorized shares of common stock from 75,000,000 to 200,000,000. The Company
provided notice to shareholders filed on Schedule 14 with the SEC on April 29,
2009.
  On
December 29, 2009 the Board of Directors and the consenting stockholder adopted
and approved a resolution to effect an amendment to our Certificate of
Incorporation to effect a change of our name from "River Exploration, Inc." to
"Fresh Start Private Holdings, Inc."
  ITEM
5. OTHER INFORMATION
  None
  10
  ITEM
6. EXHIBITS
  31.1 Rule
13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer
  31.2 Rule
13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *
  32.1
Section 1350 Certification of Chief Executive Officer
  32.2
Section 1350 Certification of Chief Financial Officer **
  *
Included in Exhibit 31.1 ** Included in Exhibit 32.1
  SIGNATURES
  Pursuant
to the requirements of the Exchange Act or 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned thereunto duly
authorized.
  FRESH
START PRIVATE HOLDINGS, INC.
  (formerly
RIVER EXPLORATION, INC.)
 
 By:
      /s/ ANDREW AIRD
                ________________________________________
                Andrew
      Aird
                President,
      Secretary Treasurer,
                Principal
      Executive Officer,
                Principal
      Financial Officer and Director
                
                
                Dated:
      May 11, 2010
 
 
 
  11