Replies to post #3573 on Freestone Resources Inc. (fka FSNR)

[Aintright]

It appears to me Freestone is already authorized to offer up to 200,000,000 shares. Hmmm... This link will take you to the quote page, then just click the Comapany Info tab. What is the real deal here???

Estimated Market Cap
$42,840,000 as of May 25, 2010
Outstanding Shares
68,000,000 as of Feb 25, 2010
Authorized Shares
200,000,000 as of Mar 12, 2010
Float(shares)
9,424,338 as of Feb 25, 2010
Number of Shareholders of Record
449 as of Feb 25, 2010

http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=fsnr

[FSNRinvestor]

I’m voting NO to the increase.

Unless there is an actual immediate need, it is pointless and a waste of time, resources and money. FSNR has nearly 27 million shares available to work with. Without the increase, it will force them to be more creative on deals and not take the easy dilution road.