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Wednesday, August 24, 2011 11:30:49 AM
FDMF .0085 Daily Chart + PR ~
Freedom Energy Holdings Turns Profit
FORT WAYNE, Ind., Aug. 24, 2011 /PRNewswire via COMTEX/ -- Freedom Energy Holdings, Inc. (Pinksheets: FDMF) announced today that the company as a result of the recent new relationships has posted a net gain profit for the 2nd Quarter 2011.
Freedom Energy Holdings CEO, Brian Kistler stated, "I am extremely pleased to be able to announce this turn around in the life of the company. As a result of the work, travel and new relationships established over the last several months, the efforts have finally begun to pay off.
"As a result of just one project the company has posted gross revenues of $175,000 and $55,000 net profit for the 2nd Quarter. The complete financial statement has been posted on OTCIQ which the company maintains a Current Information Status. Having always desired to be as transparent as possible, I am proud of the level of disclosure the company is reporting and when compared (to the companies which are listed) we are one of the more complete disclosures on OTCIQ.
"Efforts continue regarding the exploitation of KC 9000?, the company's proprietary technology into the market place. I have been contacted by several interested parties, regarding KC 9000?, and look forward to bringing exciting developments in the near future," concluded Kistler.
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Presently, the company's primary focus is the commercial development of its proprietary , heavy oil technology, KC 9000? , a breakthrough technology which provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. This pioneering technology is projected to revolutionize current recovery processes being utilized. The company is presently marketing KC 9000 through sales and licensing agreements to potential clients on a worldwide basis.
Freedom Energy Holdings Turns Profit
FORT WAYNE, Ind., Aug. 24, 2011 /PRNewswire via COMTEX/ -- Freedom Energy Holdings, Inc. (Pinksheets: FDMF) announced today that the company as a result of the recent new relationships has posted a net gain profit for the 2nd Quarter 2011.
Freedom Energy Holdings CEO, Brian Kistler stated, "I am extremely pleased to be able to announce this turn around in the life of the company. As a result of the work, travel and new relationships established over the last several months, the efforts have finally begun to pay off.
"As a result of just one project the company has posted gross revenues of $175,000 and $55,000 net profit for the 2nd Quarter. The complete financial statement has been posted on OTCIQ which the company maintains a Current Information Status. Having always desired to be as transparent as possible, I am proud of the level of disclosure the company is reporting and when compared (to the companies which are listed) we are one of the more complete disclosures on OTCIQ.
"Efforts continue regarding the exploitation of KC 9000?, the company's proprietary technology into the market place. I have been contacted by several interested parties, regarding KC 9000?, and look forward to bringing exciting developments in the near future," concluded Kistler.
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Presently, the company's primary focus is the commercial development of its proprietary , heavy oil technology, KC 9000? , a breakthrough technology which provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. This pioneering technology is projected to revolutionize current recovery processes being utilized. The company is presently marketing KC 9000 through sales and licensing agreements to potential clients on a worldwide basis.
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