Freestone Resources Inc. (fka FSNR)

[JoeTheVandal]

I typically invest in large to mid cap stocks, but I think this stock is interesting. It appears FSNR has a strong shareholder base or else the stock would be below a penny based on the negative comments I read here daily--and their financial statements. FSNR always rebounds if you analyze the chart. This also indicates a strong shareholder base.
IMO the best thing that FSNR has going for it is it remains current in its reporting. Even though the financial statements do not look good they are still publishing them. This is the main reason I find it astonishing that people call it a scam. Investors know what they are getting in to. For those that complain about 'hype' I have news for you...press releases are forward looking for companies as large as Apple and as small as FSNR. Hype is a two way street. Agendas-good or bad-can come from the company and from individuals--stakeholders or otherwise.
Investors can always see the real story in the financial statements and should invest accordingly. FSNR is publishing financial statements that are not sexy and have for some time. People that can not read a balance sheet or income statement should not be investing period. I am not writing this because I am pro FSNR but I am pro intelligent investing.