Bottom line Freestone touted pyrolysis They did nothing on pyrolysis They sold used tires Fixed flats No sales of the great touted petrozene As allowed to be believed when petrozene was first ordered for a train station, then again after it was supposedly ordered, a desire for additional order was to be ordered. Well just like EncapSol No buyers This is typical freestone way. Watch Freestone will revamp the website with new petrozene touts.
Another failure no matter how it's spun...petrozene is a failed business plan for fsnr. ..add this one to the numerous failures on the fsnr list. ...what a joke fsnr, and petrozene are, no wonder fsnr management only communicates with shareholders via filings, anything else only adds to the humiliation. So much for the past success of the current management...looks like it can't be duplicated with fsnr.
I guess the big problem with this is Freestone has had to pay to dispose of material that was it's "free feedstock". Now the feedstock supply is much smaller.
If Petrozene demand ever materializes, FSNR may not have the tire supplies to meet that demand. It's looking like that isn't a risk in the near future, though.
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