Replies to post #35300 on Freestone Resources Inc. (fka FSNR)

[JayDiamond]

Yes, they are cleaning house of the old regime. The plan is being implemented as we speak. Freestone is turning into a real company with proven executives. We are buying!

[tarballmonger]

these two guys know a good CFO that can come in and have an impact. Also we have the new Accounting Firm announced a few weeks back.

No CFO or accounting firm can make up for having NO DESIRED PRODUCT, NO SALES, NO NOTHING!!! Spin it like you must but these kind of changes are the result of FAILURE!!

[RedShoulder]

The new CEO McGhan is setting up an entirely new organization, top down, to implement the business plan for Petrozene.

Both Michael McGhan the former CEO of Billion dollar companies Hannover Compressor and Vallerus Inc, and Gerald Johnston retired CFO of Tyson Foods, another multi billion dollar company, are bringing to Freestone a new and higher level of blue chip experiences of building successful Billion dollar companies. Freestone will be their new successful venture working together as a team.

RJ Trotts, well said:

"I wonder who the new CEO is going to bring in to replace him? I would fully expect a replacement to be announced in the near future. Total speculation, but Gerald Johnson was former CFO of Tyson Foods, and Mike McGhan was over Hanover for years. Lets face it, these two guys know a good CFO that can come in and have an impact. Also we have the new Accounting Firm announced a few weeks back. It appears Freestone is being worked at all angles, from production to internal personnel. Lets hope in the end of all these changes, that we will see the PPS rise. That is all us investors care about in the Big Picture. So far so good, I would say for McGhan he is getting things done from the office. Now come on and show us some Petrozene sales!!"