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Freestone Resources Inc. (FSNR)

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Last Post: 11/25/2020 3:30:24 PM - Followers: 104 - Board type: Free - Posts Today: 0

On November 16, 2018, Gary Don Edwards resigned as Chief Investment Officer of Freestone Resources, Inc. (the “Company”) and as a member of the Company’s Board of Directors to be effective on the date of his resignation.


Share structure per the Def 14c released on 10/25/2018 is
 currently 98,238,177 issued and outstanding shares of the Company’s common stock. FSNR currently has 5,000,000 authorized shares of preferred stock, with none issued or outstanding. Authorized shares of common stock is 600,000,000.

FSNR shares held by the Officers, Directors, Previous Officers and Directors, and the JV Dynamis to a total of * 42,798,442 * per the recently released Def 14c 

Link to the information Statement - All Other (definitive) (def 14c):    https://ih.advfn.com/stock-market/USOTC/freestone-resources-inc-qb-FSNR/stock-news/78542665/information-statement-all-other-definitive-def-1 ;   

None of the officers, directors, previous officials, 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 ... 15,404,167  *** (The major shareholder, and is the retired CFO of Tyson Foods, a multi billion dollar company) 
Clayton Carter,  Former CEO ... 7,605,000
Don Edwards, Former CIO  ... 6,500,000 
Michael McGhan (and spouse), CEO, Chairman, President ... 5,500,000 *** (Former CEO of both billion dollar companies Hanover Compressor- now Exterran, and Valerous Compression Services)
Dynamis, JV Partner ... 5,000,000
Paul E. Babb, CFO and Director ... 2,789,275

____________  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:


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™ Applications and Uses

Petrozene™ has many uses within the oil industry. Depending on the application we can supply Petrozene™ in drums, totes, oil tanker trucks or rail car loads. Below are the applications that are currently available.

  • Paraffin buildup
    Prevent buildup of paraffin in boreholes, tubing, flowlines, lead lines, treaters, stock tanks, pipelines, pumps & separators
    Keeps oil from solidifying and forming caking layers in equipment and pipelines
    Lowers Asphaltenes
    De-emulsifier Agent – Rapid separation of oil, sediment and water. Petrozene™ has been conclusively shown to be effective in the de-emulsification of production tanks by lowering the BS&W of the oil.
    Well treatment
    Formation Injection – potential increase in oil and gas production
    Oil storage tanks
    Oil storage on ships, trucks, rail
    Tar residue and separation
    Refineries – cleans lines, etc.
    Tank Batteries
    Tank bottoms
    Oil Sludge clean-up
    Lowers BS&W (Basic Sediment and Water)

Petrozene Web Site;

FSNR is a OTCQB (not a pink)
Link to free real time Level -2 quotes. Also includes trade data such as bids and asks and short interest:

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#40196   Lol. Burt knew all along. There was no welloff 11/25/20 03:30:24 PM
#40195   Lol Someone’s bought 100 to sale a few Burt knows Dad4487 11/25/20 03:09:35 PM
#40194   Lol. Such a revolutionary product. More like hot welloff 11/09/20 04:43:47 PM
#40193   Wow! Read this!!!! FAIRFIELD, Texas--(BUSINESS WIRE)--Freestone Resources, Inc. Dad4487 11/09/20 04:24:09 PM
#40192   I believe that you are correct. Ol Burton welloff 10/28/20 10:04:54 PM
#40191   Lol Maybe this is transparency? Burt Dad4487 10/28/20 09:59:26 PM
#40190   Looks like Fsnr has nothing to be noticed welloff 10/28/20 04:33:37 PM
#40189   This company has always been ambitious Freestone is Dad4487 10/26/20 11:25:02 AM
#40188   No I have not. I would love RJ Trotts 10/24/20 11:55:23 PM
#40187   Lol! That’s for sure. I’ve been watching to welloff 10/23/20 08:09:38 PM
#40186   I was thinking of arcane chemistry Lol Freestone is Dad4487 10/23/20 07:23:02 PM
#40185   Have you contacted the company about the lack welloff 10/23/20 05:02:22 PM
#40184   Fsnr is in dire need of a strong welloff 10/22/20 03:04:52 PM
#40183   We won’t read anything new until the new Dad4487 10/22/20 02:44:46 PM
#40182   Accumulating is a good thing. Just wish RJ Trotts 09/30/20 02:18:47 PM
#40181   Vol- 42,800 and SP Unchg. RedShoulder 09/29/20 01:47:00 PM
#40180   With nothing from management, this one won’t be welloff 09/08/20 07:02:04 PM
#40179   Graveyards two blocks down! Fsnr is there. welloff 09/08/20 04:15:14 PM
#40178   Agree. I am just glad to see some RJ Trotts 09/08/20 03:16:23 PM
#40177   Unfortunately my guess is that someone fat fingered Steady_T 09/08/20 03:01:06 PM
#40176   My portfolio looks good with this .05 print. RJ Trotts 09/08/20 02:35:30 PM
#40175   Somebody step on a duck? Dad4487 09/08/20 02:19:23 PM
#40174   SP is atrocious. Will Fsnr ever be .03 again? welloff 08/31/20 01:15:22 PM
#40173   Well you know what they say? Follow the money Dad4487 08/31/20 12:37:24 AM
#40172   How about that Fsnr sp? Wasn’t it welloff 08/30/20 06:47:47 PM
#40170   A little vol today at 40,620 RedShoulder 08/28/20 04:56:02 PM
#40169   Where’s all those buys to support the Fsnr welloff 08/28/20 04:12:45 PM
#40167   Looks like the fat lady had sung here. ponzi_implosion 07/31/20 11:16:29 PM
#40166   Those ran out years ago, many times over! welloff 07/22/20 08:32:40 AM
#40165   That cat played dead for along time before RedShoulder 07/21/20 04:30:00 PM
#40164   Will Fsnr ever see .03 again? welloff 07/21/20 03:57:28 PM
#40163   $611 is not much of a bounce. Probably ponzi_implosion 07/21/20 03:50:18 PM
#40162   What is the bounce? No news Just someone averaging down Dad4487 07/21/20 03:26:10 PM
#40161   That cat played dead for along time before Steady_T 07/21/20 01:37:35 PM
#40160   No, not at all ponzi_implosion 07/21/20 01:25:15 PM
#40159   Wow! Look at the buys! Inviting? Dad4487 07/21/20 11:49:14 AM
#40158   FSNR prints $0.006. ponzi_implosion 07/19/20 03:09:56 PM
#40157   Down 53% today. No updates. I wonder why welloff 06/29/20 05:38:46 PM
#40156   https://blog.colonialstock.com/sec-proposal-amend-rule-15c211/ Interesting info welloff 06/18/20 08:49:46 PM
#40155   Have you made any contact with the company?? welloff 06/18/20 08:42:39 PM
#40154   An update would be appreciated. No doubt. RJ Trotts 06/18/20 01:13:31 PM
#40153   Wonder if anyone seen this.. “DALLAS, TX -- August welloff 06/15/20 01:07:24 PM
#40152   Burt said the Fsnr shares are actually worth welloff 06/15/20 12:07:09 PM
#40151   Seems the posting has more interest than the Dad4487 06/13/20 10:37:04 AM
#40150   Nothing at all sir. Fsnr seems to be welloff 06/13/20 09:17:42 AM
#40149   Anything new going on here? Have RJ Trotts 06/12/20 10:50:46 PM
#40148   Lol. I know, I was quite “amused” with welloff 06/12/20 10:49:41 PM
#40147   We have a Burt watcher lol Must have caught Dad4487 06/12/20 10:47:53 PM
#40146   He doesn’t own any. He couldn’t find any welloff 06/12/20 10:03:32 PM
#40145   Ask Burt. Steady_T 06/12/20 10:01:29 PM
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