FORT WAYNE, IN -- (Marketwired) -- 05/31/13 -- Freedom Energy Holdings, Inc. (OTC PINK: FDMF) announced today that OTC Markets has approved the most recent filing that will allow the company to maintain its Current Information Status.
Brian Kistler, Chief Executive Officer, Freedom Energy Holdings, commented, "Last fall the company made a strategic decision not to renew its current status on OTC Markets as I fully expected to have things in place to become full reporting and step back up to the OTC BB. However, when things did not develop as I had expected, after the reverse split last fall, it was only right to provide the information to OTC Markets in order to regain the current status once again. On May 20, 2013, I received the notification that all review was completed and Current Status would be maintained.
"I am looking forward to giving further updates in the very near future regarding the projects we have entered into both internationally and domestically," concluded Kistler.
ABOUT FREEDOM ENERGY HOLDINGS, INC.
Freedom Energy Holdings, Inc. (OTC PINK: FDMF) 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 the 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 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 the Company's public announcements.
Freedom Energy Holdings, Inc.
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