Freedom Energy Holdings, Inc. Reduces Share Count 20% and Launches New Website
April 23 2014 - 12:07PM
Marketwired
Freedom Energy Holdings, Inc. Reduces Share Count 20% and Launches
New Website
FORT WAYNE, IN--(Marketwired - Apr 23, 2014) - Freedom Energy
Holdings, Inc. (OTC: FDMF) CEO, Brian Kistler, today announced that
he has submitted the documentation to have 1 billion common shares
exchanged for 10,000 Preferred Series D shares.
As promised (on March 12, 2014 in a previous press release)
action has been commenced to reduce the current Issued and
Outstanding common share count by 1 Billion shares. The information
on OTC Markets will reflect this action once it has been completed
with the Transfer Agent. Bringing the total common share reduction
to 2 billion shares. Once completed Mr. Kistler will own 3,317,763
common shares, 2 preferred A shares, 18,000 preferred B shares and
80,770 Preferred D Shares.
Freedom Energy Holdings, Inc. is also proud to announce the
official launch of its new and updated website. Please submit all
questions and comments via the website. Also implemented is a way
for interested parties in becoming an ELAS partner to join a data
base and all parties will be contacted at the appropriate time in
the future. More information may be found at
www.freedomenergyholdings.com
"Recent advances that we have made regarding the 'ELAS' project
now has the company waiting on a decision from the Michigan DEQ.
Our final report was submitted with a formal request that we be
given a permanent exemption to recycle asphalt shingles," stated
Kistler.
"I want to thank Robert Panek, Chief Technology Officer, for his
excellent work on the new website. I am confident that, without
taking my eye off the ELAS project, our new Chief Technology
Officer will be instrumental in developing other opportunities that
I am about to enter the company into. Along with a positive outcome
from the Michigan DEQ, I feel this will give us the push we need in
order to propel the company to the levels I have envisioned. I
trust that I will have further shareholder communication in very
near future," concluded Kistler.
ABOUT FREEDOM ENERGY
HOLDINGS, INC:
Freedom Energy Holdings, Inc. (OTC: FDMF) is a holding company
that specializes in the identification and development of
technologies with commercial applications. The company's
primary focus is the commercial development of its proprietary,
breakthrough technology; (SR-139) proven to be effective at
breaking down asphalt shingles allowing the extraction and recovery
of hydrocarbons.
FORWARD LOOKING STATEMENT -- This press release contains certain
"forward‐looking" statements, as defined in the United States
Private Securities Litigation Reform Act of 1995 that involve a
number of risks and uncertainties. Statements, which are not
historical facts, are forward‐looking statements. The Company,
through its management, makes forward‐looking public statements
concerning its expected future operations, performance and other
developments. Such forward‐looking statements are necessarily
estimates reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no factors that could cause actual results to differ
materially from those estimated by the Company. They include, but
are not limited to, the Company's ability to develop operations,
the Company's ability to consummate and complete the acquisition,
the Company's access to future capital, the successful integration
of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from
time to time in company's public announcements.
Contact: Brian Kistler CEO 260-490-9990
brian@freedomenergyholdings.com