Freestone Resources Inc. (fka FSNR)

[RedShoulder]

Ignoring the past success of the CEO Michael McGhan who built two billion dollar companies in this field of O&G services, and Gerald Johnston the retired CFO of billion dollar Tysons Foods as a Board Advisor and becoming FSNR's largest shareholder by far, does not make any sense at all when doing due diligence. You rarely see credentials like this in control on a OTC stock; and past performance weighs heavily in the due diligence.

...using the past success of the current management is illogical reasoning and leaves in its wake, years of misguided and flawed calculations and projections that have destroyed any positive rapport fsnr has had. Who cares what the current management has done...

I think the above quote is the illogical reasoning; past performances do in fact count heavily in doing thorough and proper due diligence.

In management and the board, FSNR scores a positive in the DD.

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