Freestone Resources Inc. (fka FSNR)

[RedShoulder]

" Nice to see the 8k out this week. Lets hope that means the ball is rolling, and we see the merger happen. Also I want to know the details of the merger, what does Dynamis get, what does Freestone get? What do us shareholders get? Time will tell. I have so many ideas, but not sure any of them are true. However IF the merger happens, we should see the PPS rise, based on the future of whatever the new company will be called. Often times, with mergers you see the PPS drop, or new shares added to the o/s, what will mgmt do with the a/s? We know currently it is 100m. That is a great number. Does that go up? Also IF they dilute, how bad will it hurt us current shareholders? One thing is certain IF we see some revenues come into this merger company, along with some assets, I hope to see us current shareholders get rewarded either way."

These questions and a few others when answered is necessary to evaluate the coming merger. One thing that is a significant advantage for stock holders, is that a great percentage of the company FSNR shares are held by the Officers, Directors, and the JV Dynamis to a total of 38,616,442 shares.

None of the officers, directors, or the JV have sold a single share - not one share. It is in their favor to get as good a deal as possible for FSNR shareholders.

There will be an increase in the authorized shares in order to bring privately held Dynamis into public held FSNR; at approximately the rate of 25% for FSNR and 75% for Dynamis for the outstanding shares of the combined company.

So the real unknown is the value of Dynamis, are they worthy of 75% of the new combined companies? What are their assets, debt, and revenues? Looks like all the major stock holders think the deal is good for FSNR, and that is a good sign vs deals companies make when the officers are minor shareholders. The company's interest is for the shares they hold, and that is a good position to be in for all shareholders.