Freedom Holding Inc. (FHLD)

[Makesomemoney]

Freedom Energy Holdings, Inc. Announces KC 9000(R) Chosen as the Product of Choice
11:06a ET May 26, 2010 (Market Wire)
Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) -- Freedom Energy Holdings CEO Brian Kistler announced today that he received notice that the company's proprietary environmentally friendly heavy oil solution, KC 9000(R), has been chosen as the product of choice to process the heavy oil to be produced from a location in Southern Texas.

"This is the break we have been waiting for. The tar sand formation, yet to be disclosed, is reported to contain approximately 30 billion barrels of Heavy Oil with a current market value of $2.4 trillion," stated Kistler.

Kistler further commented, "A project like this could last over 100 years and a modest .5% dosage of KC 9000(R) would require over 4 million gallons per year once the fields are fully operational. This would conservatively equate to $15-20 million of net income for the company."

"All of the work and testing we have been doing with Heavy Oil from the Middle East, Venezuela and Canada is about to pay off. As a result of the information and results obtained from all the laboratory tests that we have been sharing with our shareholders, KC 9000(R) was chosen as the product of choice to treat the Heavy Oil so that once above ground, heat will not be needed to keep the oil flowing," continued Kistler.

"Due to confidentiality agreements, details are not able to be disclosed, but will be just as soon as possible. I look forward to further announcements in the near further as this and other projects begin to unfold," concluded Kistler.