Thursday, July 29, 2010
“Stock Alert” Update
Freedom Environmental (FRDM)
News Released Today:
Central Florida Lift Station Service Company, Vac and Jet Services,
LLC Acquired by Freedom Environmental
Green Baron predicts FRDM will hit at least .10 per share within 30
Days – Revenues should top $7 million over the next year; FRDM Still
a Bargain
Before
the open this past Thursday, July 22, we released our new Green
Baron “Stock Alert” Freedom Environmental (FRDM) at .0199 per
share. We still believe FRDM “truly has the potential to go up
1000%” from our original profile price. Earlier this week, FRDM hit
.06 per share up over 200% before backing off some. Still, FRDM has
closed higher each day this week and yesterday it closed at .047 per
share.
The news over the past week has been
spectacular, and today it just keeps getting better. Freedom has
managed to complete the acquisition of yet another complimentary
company that will further add to its revenue base. In total over
the past week, Freedom has announced deals that should add at least
$7 million in sales to its revenues.
Just a
few months ago, FRDM was trading over .20 per share and just before
that it was over .30 per share. We believe FRDM could easily get
back over .10 per share once investors understand the numbers.
There are people close to the Company that believe FRDM should now
be over .50 per share. However, we need to just take one step at a
time. Please review the press release announced before the open
today reprinted below:
ORLANDO, FL – (7/29/10) — Freedom Environmental Services (OTC: FRDM)
announced today that it has closed the cash purchase of all the
assets of Vac and Jet Services,
LLC. Vac and Jet Services, a lift station maintenance and repair
company based in Central Florida, has proven technology and service
solutions for most wastewater solutions.
Vac and Jet Services has the
technology to provide turnkey solutions for most wastewater service
needs, including Specialized Waste and Debris Removal and Hydro
Excavating.
Management believes that the addition of the Vac and Jet
technologies to Freedom Environmental’s green wastewater services
will allow Freedom to gain an even greater market share in Central
and Northern Florida. Vac and Jet clients include Lennar and The
Coca-Cola Company; its gross reoccurring revenue averaged $700,000
per year. Management believes, but cannot guarantee, with this
addition to its already
existing companies, that it will exceed current stated reoccurring
revenues.
“We
believe this acquisition is an integral part of our growth strategy
expanding our market base into the rest of Central and Northern
Florida,” said Freedom CEO, Michael Borish. “The newly acquired
equipment and services are also part of our green technology mandate
and optimize our wastewater solutions while promoting a green and
sustainable environment.”
Management believes that the global market for green technologies is
estimated to grow to $700 billion by the end of 2010 on the back of
demand for advanced and efficient distribution, collection,
transfer, and treatment solutions. Numerous green technologies are
being used for optimum water and wastewater treatment and promoting
green and sustainable environment. This green movement includes
optimum water and wastewater management among utilities and
industries. Companies are increasingly resorting to green
technologies to not only conserve resources but to also save costs.
About Vac and Jet
Services, LLC
Vac and Jet Services provides “green
solutions” for lift station, storm and sewer system services through
Central and Northern Florida. In our managements’ estimation, Vac
and Jet Services business has witnessed growth rates comparable to
the overall growth rate of business in Central Florida’s over the
last several years.
Visit the company at
www.vacandjetservices.com
About Freedom
Environmental Services
Freedom
Environmental Services is a “Green” wastewater management company
with its headquarters in Orlando Florida. Freedom provides the most
comprehensive, cost-effective and reliable treatment systems and
services. Freedom offers conventional wastewater treatment processes
and systems, disinfection systems and cleaning contracts. Freedom’s
products and services are designed to help keep your water safe and
clean and your company profitable.
This Press Release may contain certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. FRDM has tried, whenever possible, to identify these
forward-looking statements using words such as "anticipates,"
"believes," "estimates," "expects," "plans," "intends," "potential"
and similar expressions. These statements reflect the FRDM's current
beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and
unknown risks, uncertainties and other factors which could cause the
FRDM's actual results, performance or achievements to differ
materially from those expressed in or implied by such statements.
FRDM undertakes no obligation to update or advice in the event of
any change, addition or alteration to the information catered in
this Press Release including such forward-looking statements
Contact:
Freedom Environmental
Services
Michael Borish, Chief
Executive Officer
Toll free: 888-242-7211
www.freedomwaterservices.com