|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0440 - 0.0440|
|52 Week Range||0.0100 - 0.0500|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Freestone Resources, Inc. (“Freestone”) (OTCQB:FSNR) is pleased to announce that it has successfully negotiated international distributorships with two Texas-based companies for the sale of Petrozene – its proprietary solvent proven to lower viscosity, liquify oil sludge, and effectively dissolve and inhibit paraffin and asphaltene build-up. Process Point Energy Services (“PPES”) of Conroe, Texas, is an energy servicing company and will be representing Freestone and distributing Petrozene through the state-owned oil company of Ecuador, a member of OPEC. PPES recently acquired a test amount of Petrozene that was shipped to Ecuador to be tested in one of their oil facilities.
Freestone Resources, Inc. (“Freestone”) (FSNR) is pleased to announce three major agreements that will allow Freestone to improve its operations at their wholly-owned facility – Complete Tire Recovery (“CTR”) – and derive additional revenue from the sale of products produced at the facility. “Furthermore, Freestone has signed a lease agreement with a purchase option with NatGas Leasing LLC to provide a tire shredding machine capable of shredding up to 60 tons of used tires per day which will substantially increase the output of shreds from the plant to be sold from the facility. Freestone has arranged for purchasers of the shreds who will purchase as much of the shreds that Freestone can produce.