FDMF (.0082 +26%)>>> Freedom Energy Announces KC 9000(R) Forwarded to Stage 4
2010-07-14 09:00 ET - News Release
FORT WAYNE, IN -- (MARKET WIRE) -- 07/14/10
Freedom Energy Holdings, Inc. (PINKSHEETS: FDMF) -- Freedom Energy Holdings, CEO, Brian Kistler, announced today that he received the following email from "The Alternative Response Technology Team" considering all options to assist dealing with the major oil spill in the Gulf of Mexico.
Dear Brian Kistler,
Thank you for submitting your idea for the Deepwater Horizon Response (DHR) effort. We are forwarding your information to the Logistics Division of the Unified Area Command (UAC), which is maintaining a list of offered products and service providers to support the DHR effort. This list is available to both the Coast Guard and BP for consultation when they have a need for a specific product or service. If they have a need for your product or services, they will contact you directly.
Thank you for the time and effort you have spent in support of the Deepwater Horizon Response effort.
Cordially,
Deepwater Horizon Response
Alternative Response Technologies Team
"I am very pleased that (Freedom's Proprietary Product) KC 9000® has been chosen as one of the few solutions to make it through the process and to be considered once the cleanup efforts commence. Having one of the few options available to make this mess go away is quite thrilling to say the least," stated Kistler
"As the millions of barrels of oil continue to spew into the Gulf of Mexico each day, the process of containing the oil is still not solved. Only once the oil leak has been stopped can the plans for effective clean up of the marshland and coastline be considered. Freedom is at the ready," concluded Kistler.
Further for transparency, the current outstanding common share count as of 6-30-2010 is 559,789,723 with the float being 266,356,054. In the float, the number of shares being held in street name is 234,497,423 of which approximately 33,000,000 are currently held by affiliate friends and family. The company does not see the need for these numbers to change significantly in the near future as the foundation of the company has been firmly shored up.
ABOUT FREEDOM ENERGY HOLDINGS, INC.:
Freedom Energy Holdings, Inc. is a holding company with its focus on the exploitation of opportunities in heavy oil related markets. Freedom's KC 9000® heavy oil technology is environmentally friendly and an effective cleaning solution of heavy oil sludge residue. Additionally, tests have shown variations of KC 9000® to be effective in getting heavy oil deposits to flow without heat.. Freedom Energy International, Inc. is developing and marketing this uniquely effective proprietary technology for use by clients internationally, both by sale and licensing.
FORWARD-LOOKINGSTATEMENT
This press release contains certain "forward-looking" statements, as defined in the United States Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning it expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, the Company's ability to develop operations, the Company's ability to consummate and complete the acquisition, the Company's access to future capital, the successful integration of acquired companies, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition, sales and other factors that may be identified from time to time in the Company's public announcements.
Contact:
Freedom Energy International, Inc.
www.freedomenergyinternational.com
Investor Relations
David Elias
DME Capital, LLC
516-967-0205
AI
