Freestone Resources Updates Shareholders on the Ex
Post# of 16
Posted On: 03/12/2015 6:03:48 PM
Freestone Resources Updates Shareholders on the Expansion of Petrozene
Mar 12, 2015
OTC Disclosure & News Service
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Freestone Resources Updates Shareholders on the Expansion of Petrozene
DALLAS, TX--(Marketwired - Mar 12, 2015) - Freestone Resources, Inc. (OTCQB: FSNR) would like to provide an update to shareholders on the status of the vertical integration of its Petrozene product line, as well as other revenue producing opportunities that have been identified while working towards this goal.
Freestone is partnering with a company that has extensive experience in the waste-to-energy industry, including gasification and pyrolysis technologies similar to those that can be used for the production of Petrozene.
Freestone and the company have located multiple sites throughout North America that are strategically located for the expansion of Petrozene. Currently, these sites are in various stages acquisition negotiations. "Over the last year Freestone has been working towards the goal of owning the physical location, the necessary feedstock and the specialized pyrolysis technology so Freestone is not dependent on third parties to produce Petrozene," said Clayton Carter, President and CEO of Freestone Resources. "Throughout this yearlong process, we've discovered other byproducts of value related to the production of Petrozene that will result in additional revenue streams."
Freestone will provide more details about the planned partnership, technology procurement and the acquisition of various sites as soon as they're able to contractually announce. "Freestone has been diligently negotiating and working on detailed contracts with multiple parties, and while this has been a complex process I believe the shareholders will appreciate the final outcome and the revenue growth that will be realized upon its culmination," said Mr. Carter.
More horseshit from bank teller Clayton
Mar 12, 2015
OTC Disclosure & News Service
-
Freestone Resources Updates Shareholders on the Expansion of Petrozene
DALLAS, TX--(Marketwired - Mar 12, 2015) - Freestone Resources, Inc. (OTCQB: FSNR) would like to provide an update to shareholders on the status of the vertical integration of its Petrozene product line, as well as other revenue producing opportunities that have been identified while working towards this goal.
Freestone is partnering with a company that has extensive experience in the waste-to-energy industry, including gasification and pyrolysis technologies similar to those that can be used for the production of Petrozene.
Freestone and the company have located multiple sites throughout North America that are strategically located for the expansion of Petrozene. Currently, these sites are in various stages acquisition negotiations. "Over the last year Freestone has been working towards the goal of owning the physical location, the necessary feedstock and the specialized pyrolysis technology so Freestone is not dependent on third parties to produce Petrozene," said Clayton Carter, President and CEO of Freestone Resources. "Throughout this yearlong process, we've discovered other byproducts of value related to the production of Petrozene that will result in additional revenue streams."
Freestone will provide more details about the planned partnership, technology procurement and the acquisition of various sites as soon as they're able to contractually announce. "Freestone has been diligently negotiating and working on detailed contracts with multiple parties, and while this has been a complex process I believe the shareholders will appreciate the final outcome and the revenue growth that will be realized upon its culmination," said Mr. Carter.
More horseshit from bank teller Clayton
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