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Freestone Resources Inc. (FSNR)

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Last Post: 5/6/2021 11:07:14 AM - Followers: 101 - Board type: Free - Posts Today: 4

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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FSNR News: Current Report Filing (8-k) 04/26/2021 04:34:44 PM
#40292   Yes, Burt always knew…too bad some have given welloff 05/06/21 11:07:14 AM
#40291   The last person to actually try was Harry Dad4487 05/06/21 10:12:42 AM
#40290   Lol. Fsnr has held this property for years welloff 05/06/21 09:05:18 AM
#40289   They are selling something from the property so Dad4487 05/06/21 08:31:27 AM
#40288   See that latest filing? “ The Notice of Foreclosure Sale welloff 04/26/21 06:38:20 PM
#40287   Lol. All aBurt! The Fsnr train to the welloff 04/22/21 11:14:30 AM
#40286   Burt chirping I mean bird lol Get them while Dad4487 04/22/21 10:43:19 AM
#40285   Been hearing from Burt today. Told me the welloff 04/20/21 01:00:40 PM
#40284   Get ready to buy it’s going to go Dad4487 04/20/21 12:59:23 PM
#40283   Lol. Burt knows. Sub .03 though welloff 04/19/21 02:08:25 PM
#40282   Burt moving Ol Burt power Dad4487 04/19/21 01:33:50 PM
#40281   Lol. Getting out while there’s still an active welloff 04/14/21 02:17:48 PM
#40280   Freestone is moving Sales Burt knows Dad4487 04/14/21 02:10:23 PM
#40279   Oh this one has run, Straight to the welloff 04/13/21 10:04:43 AM
#40278   Never stopped a stock from running........lmao Zardiw 04/13/21 10:02:31 AM
#40277   Subpenny, no filings or updates. Zzzz! welloff 04/13/21 07:45:02 AM
#40276   $30K Zardiw 04/13/21 07:35:49 AM
#40275   Someone wants an appearance here. Too bad Fsnr welloff 03/30/21 04:34:06 PM
#40274   More than likely someone in the company is Dad4487 03/30/21 03:23:21 PM
#40273   Been watching. Burt has been talking. welloff 03/24/21 02:43:45 PM
#40272   Keep watching Burt knows Dad4487 03/24/21 02:42:16 PM
#40271   Lol. How very astute of Burt! I welloff 03/19/21 02:36:58 PM
#40270   I had some conversations with what was called Dad4487 03/19/21 02:31:30 PM
#40269   Lol. Burt does have a style! He knew welloff 03/19/21 01:53:12 PM
#40268   That’s how you trade freestone Burt style Dad4487 03/19/21 01:51:32 PM
#40267   Lol. Yeah. He’s in the right channel to welloff 03/19/21 11:24:32 AM
#40266   Funny how Burt knew more about this company Dad4487 03/19/21 11:18:31 AM
#40265   Lol. Fsnr is as stated years ago like welloff 03/18/21 01:43:41 PM
#40264   It’s so long in being under .03 that Dad4487 03/18/21 01:42:14 PM
#40263   I can tell, because there was never welloff 03/17/21 02:43:08 PM
#40262   I know it’s been below .03 for a welloff 03/17/21 02:38:27 PM
#40260   Most I know are experts Dad4487 03/17/21 02:11:25 PM
#40258   Hey When is the last time you seen Dad4487 03/17/21 01:43:03 PM
#40257   Down it goes! welloff 03/17/21 12:48:18 PM
#40256   Keep them coming Dad4487 03/17/21 12:47:31 PM
#40255   Yep Burt was right. welloff 03/15/21 02:20:21 PM
#40254   Watch this Burt said lol Dad4487 03/15/21 10:48:51 AM
#40253   Burt knows Fsnr. welloff 03/12/21 02:44:28 PM
#40252   Burt informed that it will run soon Be ready Dad4487 03/12/21 02:42:39 PM
#40251   Lol. Fsnr, will it ever reach .03 again? Burt knows! welloff 03/12/21 02:07:13 PM
#40250   Ol Burt dropped the pps then lol Dad4487 03/12/21 12:36:08 PM
#40249   Lol. Burt knows Fsnr just isn’t there, kinda welloff 03/04/21 03:31:19 PM
#40248   Another average Burt Dad4487 03/04/21 02:47:15 PM
#40247   That’s how you buy and sale without changing price Dad4487 03/02/21 01:44:19 PM
#40246   Back down the drain on the Fsnr play! welloff 03/02/21 01:02:17 PM
#40245   Watch the pps Burt knows Dad4487 03/02/21 12:15:34 PM
#40244   Lol. Fsnr the sub .03 otc stock that welloff 03/02/21 09:51:07 AM
#40243   You see how easy it is to buy Dad4487 03/02/21 09:11:50 AM
#40242   Watch what happens soon You can rely on Burt Dad4487 03/01/21 10:49:47 AM
#40241   So true Dad4487 03/01/21 10:48:36 AM
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