Freedom Financial Holdings Announces Acquisition of Exclusive Rights for Distribution & Marketing of Heavy Oil Technologyadmin
Freedom Financial Holdings, Inc. CEO Brian Kistler announced that the company has entered into a definitive agreement to purchase all domestic and international rights of distribution and marketing of the heavy oil conversion technology. All rights for distribution and marketing will now be exclusively owned by Freedom Financial Holdings, Inc.
Kistler stated, “I am extremely excited with this most recent development. The proprietary owner of the technology recognizes the huge advantage of combining operations and the efficiencies that can be attained within the Freedom Financial Holdings infrastructure. This is a significant value added acquisition for our company and shareholders.”
“Being on the same team keeps all parties working for the benefit of the company and the shareholders. I am a firm believer that all employees of the company be shareholders and I am pleased to report that 98% of our employees are shareholders. The Owner of the Technology will receive restricted common shares and options to consummate this non-cash acquisition,” concluded Kistler.
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