Replies to post #30020 on Freestone Resources Inc. (fka FSNR)

[ponzi_implosion]

What has changed? The 'new and improved' petrozene has been available for years, and yet the sales have been between -0- and a few thousand a quarter. Whats the problem? The company has blown through over $18 million in investor funds and has very, very little to show for it.

Ive been unable to find anything in the SEC filings related to any significant purchases of petrozene or petrozene base materials. Please explain how FSNR can make gobs of money by selling petrozene when they dont have any inventory to sell. They have very little cash to purchase / manfacture petrozne and no place to store the stock. Its pretty clear that the 'new' petrozene hoopla is just the latest in a long series of failures, except of course for the insiders who continue to reap company benefits at the expense of ordinary shareholdes

[Sax]

And your technical advice was based on the MSD sheet. Credibility????

Definitely more credible than stock (and company) projections based on a PR.

But if you can indicate where the MSDS provides a misleading or incomplete representation of the product, I will be happy to revise my assessment.

As it stands, FSNR has indicated that Petrozene is a conventional cyclic/aromatic solvent that already contains 20-30% of the "sludge" materialis it is purported to dissolve. When buying the raw solvent materials (without the asphaltene content) would almost certainly be much cheaper.

Would you buy a dish-soap that already contained 20% grease from dishes? Would you pay a premium for it over regular dish soap?

FSNR has a sub-standard, overpriced product with a cool name. Invest away.