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Freestone Resources Inc. (FSNR)

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Last Post: 2/11/2016 12:48:47 AM - Followers: 109 - Board type: Free - Posts Today: 1

FSNR Chart:

Link to Freestone Resources (FSNR) Home web site and news:


Officers, Directors, and JV own 38,009,167 shares collectively. FSNR's JV Dynamis has a warrent for another 5,000,000 shares.

That gives a total of 43,009,167 shares (including the warrent shares) that are not being traded, none of the officers, directors, or the JV have sold a single share - not one share.

The last quarterly report shows 86,138,117 shares outstanding, since then another 3MM was awarded to the new CEO Michael McGhan, bringing the total to 89,138,117 shares outstanding out of 100 MM authorized, which makes the above Freestone Resources management and JV total figure a very substantal percentage of total shares outstanding and authorized.

Below is a breakdown of shares owned in desending order of share size held:

Gerald Johnston, Director ... 12,903,667
Clayton Carter, Vice President of Opperations ... 7,605,000

Don Edwards, Investment Officer ... 6,500,000

Michael McGhan, CEO, Chairman, President ... 6,000,000

Dynamis, JV partner ... 5,000,000 with warrents for 5,000,000 exercisable at 80 percent of the average share price over the previous 10 days.

CEO's Blog:

June 29 | CEO Blog | Freestone Resources

On Wednesday the 25th Freestone Resources announced the acquisition of C.C. Crawford Retreading Company, Inc. (CTR), as well as our partnership with Dynamis Energy, LLC. I’d like to take this opportunity to go into some more detail about these transactions, and some of my personal thoughts and opinions.

CTR is located in Ennis, Texas. For those unfamiliar with Ennis, it’s located on the I-45 corridor approximately 35 miles south of Dallas. Ennis is a city that is growing by leaps and bounds. Over the last year I have had the opportunity to meet one of the friendliest local populations in Texas, and a city management team with a pro-growth economic strategy that has played a vital role in the overall growth that we’ve experienced in our State. Thus, I believe that CTR is an optimal location to launch this venture with Dynamis.

In the immediate weeks and months, FDEP will have an engineering team at CTR in order begin the relocation and installation of a pyrolysis technology that has successfully been used to create the base product utilized in our Petrozene formula. Freestone will be providing periodic updates as the commercial production of Petrozene gets underway. In the meantime, the hard working staff at CTR will continue its current operations as an off-the-road (OTR) tire repair, sales and disposal center.

Keep following the Freestone website for the latest news and blog entries. Also, below is an aerial photo of the CTR facility:


Clayton Carter, President and CEO

Link To Freestone Resource's CEO blog:


PETROZENE is a solvent that breaks down paraffin, disperses oil tank sludge, and has other unique industrial-use qualities. PETROZENE is made from a byproduct of recycled petroleum-based products, so it will not contaminate the oil reserve to which it is being applied. Furthermore, the process that creates PETROZENE helps reduce the worldwide problem that petroleum waste products pose to our environment every year.


The discovery of PETROZENE began with a desire to solve the environmental hazards that various petroleum waste products pose to the environment. Freestone Resources, Inc. has worked with numerous industry partners to recycle these post-consumer materials, and utilize their byproducts in a proprietary way for the oil and gas industry.

PETROZENE has many uses within the oil industry. Below are the applications that are currently available:

Oil Tanker & Oil Tank Solutions:

PETROZENE has been shown to be an effective dispersant of oil sludge buildup. The research efforts of Freestone Resources, Inc. and industry partners have shown it to be especially effective in large, long range oil tankers. With the proper amount of PETROZENE applied to each shipment of oil, they have produced results that show a dramatic reduction in oil sludge buildup on the bottom of the tanks. These same results have been shown in oil storage tanks as well. With the proper application of PETROZENE, costs and operational downtime due to cleaning can be cut dramatically for each.

Oil Well Enhancement:

Freestone Resources, Inc. has also done thorough research concerning oil well enhancement with the application of PETROZENE. Freestone has discovered that a minimal amount of PETROZENE utilized down the wellbore will dissolve and further inhibit Paraffin and asphaltene buildup in the well casing. This buildup of paraffin causes other problems such as clogging up lines, pump failures, pressure bursts, and seal failures which can all be dramatically reduced with the proper application of PETROZENE.

Pipeline Solutions:

Numerous independent studies have shown that a minimal amount of PETROZENE decreases the viscosity of heavy oil. These tests indicate that PETROZENE can be utilized in pipelines that transport heavy oil in order to increases their efficiency and flow rate.

We are currently researching many other uses and applications. If you or your company feel there may be a unique application within your business or would like to work with us to create a specific solution, feel free to contact us




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Current Price
Bid Ask Day's Range
FSNR News: Statement of Changes in Beneficial Ownership (4) 02/10/2016 02:23:40 PM
FSNR News: Statement of Changes in Beneficial Ownership (4) 01/14/2016 09:50:15 AM
FSNR News: Initial Statement of Beneficial Ownership (3) 01/14/2016 09:46:36 AM
FSNR News: Current Report Filing (8-k) 01/08/2016 02:38:52 PM
FSNR News: Amended Quarterly Report (10-q/a) 11/16/2015 11:30:10 AM
News News Alert: Statement of Changes in Beneficial Ownership (4) 02/10/2016 02:23:40 PM
#34850  Sticky Note Officers, Directors, and JV own 38,009,167 shares collectively. RedShoulder 02/10/16 11:39:04 PM
#34509  Sticky Note GUESS CLOSING ASK PRICE 12/31/15 WITHOUT GOING OVER Rawnoc 12/11/15 09:49:48 AM
#33064  Sticky Note A personal perspective on Freestone Resources, Inc. falconer66a 08/13/15 03:58:44 PM
#29969  Sticky Note FREE L2 for FSNR RJ Trotts 06/10/15 02:59:48 PM
#34851   Having management own such a large percentage of Steady_T 02/11/16 12:48:47 AM
#34850   Officers, Directors, and JV own 38,009,167 shares collectively. RedShoulder 02/10/16 11:39:04 PM
#34849   Gerald Johnston buys more FSNR shares, former CFO RedShoulder 02/10/16 11:05:58 PM
#34848   If the company was managed by competent officers tarballmonger 02/10/16 08:48:04 PM
#34847   Johnston shares acquired at 8¢. nanopatent 02/10/16 07:40:11 PM
#34846   When they miss the mark by six months Stockbuilder 02/10/16 05:40:57 PM
#34845   Yes, private placements are executed with insider information Rawnoc 02/10/16 04:54:08 PM
#34844   I was giving him the benefit of the tarballmonger 02/10/16 04:52:34 PM
#34843   Not for selling they are not. nanopatent 02/10/16 04:46:57 PM
#34842   Johnston knows pork. nanopatent 02/10/16 04:45:04 PM
#34841   Bullshit -- insider trading rules are for open Rawnoc 02/10/16 04:42:38 PM
#34840   Well the news is out!!! Mr. J has tarballmonger 02/10/16 04:39:27 PM
#34839   Oh yeah, by whom? Steady_T 02/10/16 03:23:47 AM
#34838   This POS scam has just been presented the Stockbuilder 02/09/16 04:47:15 PM
#34836   Are the hedge funds shorting this POS?? nanopatent 02/08/16 03:01:36 PM
#34835   One week until news! If you call the tarballmonger 02/08/16 02:36:09 PM
#34834   No I think just deaf. We shall rusty car 02/08/16 12:10:48 PM
#34833  Restored Oil has bottomed, and so has FSNR! tarballmonger 02/08/16 08:12:37 AM
#34831   The pyrolysis machine was ready for production on DD 02/06/16 08:09:02 PM
#34830   How about Johnston opening up a meat subsid nanopatent 02/05/16 02:59:16 PM
#34829   Isn't there any NEW BULLSHIT to post about tarballmonger 02/05/16 02:54:34 PM
#34828   Freestone Resources new management of Michael McGhan/CEO and RedShoulder 02/05/16 10:36:08 AM
#34827   Johnston - WHERE IS THE DATA? nanopatent 02/05/16 09:54:43 AM
#34826   NO VOLUME! Sax 02/04/16 05:00:50 PM
#34825   NO VOLUME! DD 02/04/16 02:09:17 PM
#34821   Consider selling some option premium against your short leemalone2k3 01/27/16 11:33:35 AM
#34818   FALSE SECURITY: Eventually the other 50-60 million shares tarballmonger 01/27/16 09:09:52 AM
#34817   You forgot this: JayDiamond 01/27/16 09:00:26 AM
#34816  Restored Total BULLSHIT! Here is your "record" of growth tarballmonger 01/27/16 08:53:54 AM
#34815   You can say the same thing about any JayDiamond 01/27/16 08:43:22 AM
#34812   Johnston the pork king has the means to nanopatent 01/26/16 09:03:11 PM
#34811   Buy more and average down. You'll be just fine! JayDiamond 01/26/16 07:27:47 PM
#34810   This POS has all the signs of a scam. Stockbuilder 01/26/16 07:08:00 PM
#34809   Looking for $1 on the next news release. DD 01/22/16 03:53:25 PM
#34808   That is contrary to the reports coming out JayDiamond 01/22/16 02:19:17 PM
#34807   Reality can be so far away that it tarballmonger 01/22/16 10:33:14 AM
#34806   Oil is $15/b???? nanopatent 01/22/16 09:15:21 AM
#34805   Oil has bottomed, and so has FSNR! JayDiamond 01/22/16 07:00:38 AM
#34804   You are way too optimistic. Sax 01/21/16 05:13:06 PM
#34803  Restored His biggest challenge now is HTF to unload tarballmonger 01/21/16 05:06:28 PM
#34802   But since Johnston is now in charge, I nanopatent 01/21/16 04:53:41 PM
#34801   You are way too optimistic. There is always tarballmonger 01/21/16 03:54:41 PM
#34800   Looking for $1 on the next news release. Sax 01/21/16 03:41:10 PM
#34799  Restored SO you are the one buying here? Just tarballmonger 01/21/16 03:40:18 PM
#34798   Quite the contrary. Those geniuses in front of JayDiamond 01/21/16 03:35:21 PM
#34797   Better open wide, there's plenty more on the tarballmonger 01/21/16 03:16:01 PM
#34796   Keep selling NITE. We'll take all that you have!! JayDiamond 01/21/16 03:01:37 PM
#34795   .17+ next DD 01/21/16 02:53:26 PM
#34794   8¢ next. nanopatent 01/21/16 02:34:06 PM
#34792   With petrocrap costing more than three times the tarballmonger 01/20/16 10:29:05 AM