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Freestone Resources Inc. (FSNR)

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Moderator: Ubertino, RedShoulder, RJ Trotts, Steady_T
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Last Post: 6/23/2017 7:46:31 PM - Followers: 108 - Board type: Free - Posts Today: 0

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

FSNR shares held by the Officers, Directors, and the JV Dynamis to a total of 38,616,442, the increase is per the recently released 10-K:

None of the officers, directors, or the JV have sold a single share - not one share.

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

Gerald Johnston, Advisory Board ... 12,904,167  *** (The major shareholder, and is the retired CFO of Tyson Foods, a multi billion dollar company)

Clayton Carter, Vice President of Opperations ... 7,605,000

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

Michael McGhan, CEO, Chairman, President ... 6,000,000 *** (Former CEO of both billion dollar companies Hanover Compressor- now Exterran, and Valerous Compression Services)

JV Dynamis ... 5,000,000
Paul E. Babb, Chief Financial Officer and Director ... 607,275

NOTE: None of the above have ever sold a single share

Below is an aerial photo of the CTR facility wholly owned by Freestone Resources:

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. 

Petrozene Web Site;




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FSNR News: Quarterly Report (10-q) 05/15/2017 02:50:18 PM
FSNR News: Quarterly Report (10-q) 02/21/2017 12:05:30 PM
FSNR News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 02/15/2017 04:25:35 PM
#34850  Sticky Note Officers, Directors, and JV own 38,009,167 shares collectively. RedShoulder 02/10/16 11:39:04 PM
#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
#37993   Smokin the hopium! leemalone2k3 06/23/17 07:46:30 PM
#37992   I might have more than all of you, Dad4487 06/23/17 02:12:44 PM
#37991   Been a lot of hope for and about welloff 06/23/17 01:42:33 PM
#37990   Tough to go short on a .03 penny pseeker 06/23/17 12:27:50 PM
#37989   I was hoping those who think fsnr is Steady_T 06/23/17 11:25:38 AM
#37988   Quote. "I was hoping to see those shareholders welloff 06/23/17 10:33:41 AM
#37987   Snip I was hoping to see those shareholders that Dad4487 06/22/17 10:51:32 PM
#37986   Snip Would that be this year, next year, Dad4487 06/22/17 10:36:34 PM
#37985   No updates likely since petrozene is not being welloff 06/22/17 06:08:37 PM
#37984   Oops forgot about yesterday's time and sells. lol welloff 06/22/17 06:07:52 PM
#37983   we continue to wait for Mgmt and Company DD 06/22/17 05:46:50 PM
#37982   Time & Sales on good Vol-63,935 RedShoulder 06/22/17 05:11:37 PM
#37981   I agree L2 is ugly right now, well RJ Trotts 06/22/17 02:15:15 PM
#37980   I would like to add, but it sure Dad4487 06/22/17 02:09:07 PM
#37979   Hey Red and Others! I added some RJ Trotts 06/22/17 01:44:12 PM
#37978   I don't think too many see any reason welloff 06/22/17 10:05:40 AM
#37977   Wow! Freestone is getting close to the 3 cent Dad4487 06/22/17 10:04:08 AM
#37976   Down 7% today. If Fsnr has any more welloff 06/21/17 04:46:47 PM
#37972   I must admit, it seems apparent they don't welloff 06/21/17 09:30:56 AM
#37971   Think he moved on because of these 3 DD 06/21/17 09:25:01 AM
#37970   LOOK AT THE STOCK PRICE SINCE THE $1.50 Dad4487 06/21/17 09:20:32 AM
#37969   Looks like Clayton knew Fsnr was going nowhere welloff 06/21/17 09:15:34 AM
#37968   Time comparison between Fsnr management and GXXM management. DD 06/21/17 09:05:17 AM
#37967   I'll let you look into that. Fsnr is dwindling! welloff 06/21/17 07:47:16 AM
#37966   Ummm. You better provide some links for that Steady_T 06/21/17 03:14:12 AM
#37965   So, based on my reading of your post Steady_T 06/21/17 03:05:30 AM
#37964   Snip You can Google Mike McGhan name, and Dad4487 06/21/17 12:07:10 AM
#37963   There was nothing positive about any Pr. From welloff 06/21/17 12:00:45 AM
#37962   Again old news and presumption. Fsnr has done welloff 06/20/17 11:42:24 PM
#37961   I think about all shareholders agree that they RedShoulder 06/20/17 10:57:58 PM
#37960   That was 15 years and 2 Presidents ago. shhhhhhhheeeeeeeesh! DD 06/20/17 10:35:30 PM
#37959   From 1991 to August 2002, Mr. McGhan was RedShoulder 06/20/17 10:04:58 PM
#37958   Those companies went broke under him......sheeeeeesh! DD 06/20/17 09:38:10 PM
#37957   Well DD that has been posted here multiple RedShoulder 06/20/17 09:14:07 PM
#37956   100% agree, way to go DD! Dad4487 06/20/17 08:59:37 PM
#37955   Now as far as the current management is DD 06/20/17 08:46:01 PM
#37952   Blah, blah, blah, saying the same thing over welloff 06/20/17 08:24:59 PM
#37951   Snip Lets just agree that Clayton Carter/ former Dad4487 06/20/17 08:24:32 PM
#37950   Snip Check your math...... It went down 15% on Dad4487 06/20/17 08:19:37 PM
#37949   I respectively disagree with you about the current RedShoulder 06/20/17 08:15:37 PM
#37948   Many things are illegal "per" the SEC, still welloff 06/20/17 06:58:59 PM
#37947   Snip Regarding todays trading, and according to your Dad4487 06/20/17 06:57:02 PM
#37946   Quote McGhan, McNutley, and Edwards. What a trio!!!! Dad4487 06/20/17 06:54:46 PM
#37945   So, did Clayton dupe the current management into welloff 06/20/17 06:51:07 PM
#37944   McGhan, McNutley, and Edwards. What a trio!!!! DD 06/20/17 06:33:46 PM
#37943   Snip Those in charge now of fsnr are Dad4487 06/20/17 06:27:04 PM
#37942   It's been down hill ever since Clayton Carter DD 06/20/17 06:16:15 PM
#37941   Not sure he's the only one buying? RedShoulder 06/20/17 06:09:10 PM
#37940   Normal market activity. Steady_T 06/20/17 05:44:43 PM
#37939   Just as you predicted, the sp would bump welloff 06/20/17 05:21:08 PM