FORT WAYNE, Ind., March 16, 2012 /PRNewswire/ -- Freedom Energy Holdings, Inc. (Pink Sheets: FDMF) CEO, Brian Kistler, today announced that it has retained DME SECURITES, LLC a New York based Investment Banking firm to advise the Company regarding its strategic growth plans.
Brian Kistler, CEO of Freedom Energy Holdings, Inc. stated, "As we continue to grow and diversify our interests, I am pleased to be associated with a firm such as DME Securities, a Member of the New York Stock Exchange. DME is the perfect partner for Freedom Energy Holdings as we continue to make inroads into the most suited markets for the deployment of our proprietary technologies KC 9000® and SR 139."
David Elias, Chief Executive Officer, DME SECURITES, LLC commented, "We have been watching Freedom's progress over the last couple of years and we are convinced that with Mr. Kistler's leadership and the effectiveness of Freedom's products, the company has the staying power required for today's markets. We are extremely excited to assist him as he takes the company to the next level. Under the terms of our agreement, DME has been retained as exclusive placement agent and financial advisor to Freedom Energy Holdings, in connection with up to $5,000,000 in debt/equity financing. "
Kistler continued, "Our association with DME is a major step for Freedom and our shareholders. Credibility is a major factor in the life of any young emerging company. With the assistance and guidance from DME we are definitely on the right track. I am very excited with our future."
ABOUT DME SECURITES, LLC
DME SECURITES, LLC headquartered in New York, is a member of the New York Stock Exchange, Financial Industry Regulatory Authority, and the Securities Investor Protection Corporation. DME is a full service financial firm providing comprehensive financial advice and superior service to the individual and institutional investors and serves clients through a network of professionals.
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 SR-139 to be effective at breaking down asphalt shingles allowing the 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.
DME Capital LLC
SOURCE Freedom Energy Holdings, Inc.