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Monday, August 09, 2010 2:08:48 AM
With this new deal it gives FDMF the opportunity to get the oil processed and benefit from the profits without the added expense involved in processing the oil. If all works out, FDMF stands to get 1 Million dollars over then next nine months or so. FDMF gives up nothing in this deal.
KC9000 is still solely FDMF's so all profit from KC9000 will stay with Freedom.
The fact that Brian has a director's spot with QGRC will better allow him to keep watch and oversee activities and protect FDMF's interests.
So for now this particular venture is a wait and see with minimal FDMF risk.
No doubt we'll be hearing more details in the near future regarding FDMF's progress in other aspect of business.
The secret to profitable investing is to buy into well-run companies at the beginning of their earnings growth cycle—before Wall Street takes notice and bids up the stock price.
My opinions are my own. You have to decide and do what's best for you.
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