Freedom Energy Confirms Additional Middle East Trials
FORT WAYNE, Ind., Feb. 29, 2012 /PRNewswire/ -- Freedom Energy Holdings, Inc. (Pink Sheets: FDMF.PK) CEO, Brian Kistler, today announced that tentative dates for two additional trials to process drill cuttings have been set for late April 2012.
Kistler stated, "Efforts of our agent in Dubai have further resulted in 2 additional trials being scheduled, bringing the current total to three. The first trial being set to take place early March 2012 with funding already received. A concentrated version KC 9000® has been mixed and set for shipping to our agent located in Dubai. The purpose of this and the additional trials is to show the effectiveness of cleaning drill cuttings. This location is still undisclosed for security reasons but all operations are being handled from Dubai."
"The additional trials are tentatively set for mid to late April 2012 and funding has been secured. The concentrated amount of KC 9000® already shipped is sufficient to supply the product needed for both of these additional trials. Locations are still not set, but will be released as soon as permission is received," added Kistler.
"I will bring the updates regarding this and other projects in the very near future," concluded Kistler.
ABOUT FREEDOM ENERGY HOLDINGS, INC:
Freedom Energy Holdings, Inc. (FDMF.PK) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. The company's original primary focus is the commercial development of its proprietary, heavy oil technology. KC 9000®, a breakthrough technology, provides an effective and cost efficient system to enable heavy oil deposits to flow without heat. Recent research has developed and shown a new product SR-139 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 it 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 the Company's public announcements.
Contact: Brian Kistler CEO, 260-490-9990
Freedom Energy Holdings, Inc.
Investor Relations
Steven Marcus
DME Capital LLC
917-648-0663
www.freedomenergyinternational.com
SOURCE Freedom Energy Holdings, Inc.
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