InvestorsHub Logo
Followers 156
Posts 6355
Boards Moderated 1
Alias Born 08/06/2004

Re: welloff post# 36689

Sunday, 08/28/2016 4:19:45 PM

Sunday, August 28, 2016 4:19:45 PM

Post# of 40315

Quote: "I'll go with their knowledgeable lead instead of an outsiders opinion!"

That was said of Clayton as well, and we see where that went...!



Knowledgeable as with all the inside information in joining Freestone; combined with the CEO's previous experience of building billion dollar companies. Along with a Board Advisor who was the CFO of Tyson's Foodsar comany, and with that bringing in great financal knowledge and advice to the BOD.

We don't agree on Clayton as the former CEO, however that is in the past now. I will say that I thought he had an excellent run last year in completing the inital phase of the vertical petrozene business plan. That included buying the CTR complex facilities under market value, forming a JV with Dynamis to produce Petrozene and they carry the cost of labor, selling Dynamis shares at .10 to finance the $500,000 down payment. Then Clayton as CEO brings in a uniquely designed pyrolysis machine to produce the pyrolysis oil regulated in the process to make the desired base for Petrozene. I thought it was Freestone's finest year - so far.

That said, the new CEO and BOD have high value experiences in building companies into profitabily; and billion dollar companies at that. So the difference since January vs previous years is the new blue chip experience taking the reigns.

They have only been in control and decision making since January; lets see what they can do developing the business plan into future profitability. They think they can do it, and is why they joined Freestone Resources.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.