Freestone Resources Inc. (fka FSNR)

[RiskGuy]

Yes, I agree and that's why I am holding my small position. Clayton said they needed the field test results to have a good presentation to capital markets, but that they now have what they need and he was optimistic about securing a funding deal within a month. I am skeptical enough to think finding a good enough deal could take a little longer. He indicated he was looking for about 2.4 mil. I don't have my notes from the meeting at home, but believe he said he wanted 1.4 of that in debt rather than equity. -No telling what his first offer was going to look like, but it was supposed to be on his desk this week.