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welloff

01/09/17 3:01 PM

#37257 RE: Dad4487 #37256

Underwhelming volume compared to the big players in the industry. Just some manipulation to try and entice something. It's obvious by the lack of news from management that fsnr is not making any headway in the industry. Antic

RedShoulder

01/11/17 5:50 PM

#37275 RE: Dad4487 #37256

Quote:

I still think McGhan and Johnston have a rabbit under their hat.

(Dad)

Sounds like Dad is covering his bet; and IMO rightly so based on what 'facts' we do know.

As Dad and everyone following this stock knows; the now one year CEO/Michael McGhan and Gerald Johnstons/Advisor BOD built their careers in top positions involving billion dollar companies, a fact not to be overlooked in evaluating their desire to become involved with Freestone with knowing all the inside information.

In Mr. McGhan's case, he built two billion dollar NG gas compressor companies as the CEO.

In Johnstone's case he was the CFO of Tyson foods, a multi-billion dollar company; and he did it during their high growth period. Importantly; based on what he knows, he has become Freestone's largest shareholder with 12,904,167 shares, not awarded, but bought with his cash. Why would he do that, knowing what he knows unless it was positive?

With their combined experience, will they pull the proverbial 'rabbit' out from under their hat? ... we shall see. Their management history says likely so. I don't think they would have come on in managing Freestone with top positions unless they foresaw success with Freestone Resources and Petrozene.