SOURCE: Freedom Financial Holdings, Inc.

November 11, 2009 13:12 ET

Freedom Financial Holdings Confirms Middle Eastern Tour

FORT WAYNE, IN--(Marketwire - November 11, 2009) - Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) CEO Brian Kistler confirmed today that Freedom Energy International, the Company's wholly owned subsidiary dealing with Heavy-oil conversion technology will be conducting a live demonstration to members of the Kuwait Oil Company (KOC).

"I know everyone has been anxiously awaiting this announcement. It is with great pleasure and excitement to confirm that I and other Senior Management will be traveling to Kuwait City, Kuwait to meet with the KOC during the first week of December 2009," stated Kistler.

Kistler continued, "In addition to our initial meeting, we are also scheduled to meet with several other representatives from other countries in the region as 'Heavy Oil' is present in every nation. International interest in KC 9000™ is gaining momentum and I am confident that as we are able to demonstrate the effect that KC 9000™ has on 'Heavy Oil,' that interest will translate into future shareholder value."

"Billions of dollars have been spent over the last decade searching for a cost effective means of working with 'Heavy Oil' both above ground and beneath the surface. The concern for the shrinking supply of light crude oil has demanded that the vast amounts of 'Heavy Oil' in the world be tapped into. Knowing where the oil is located, getting the oil out of the ground and refining the oil in a cost effective manner fits right into KC 9000™," stated Kistler.

"I am looking forward to bringing further updates concerning our domestic efforts in the near future. These are exciting times for the company," concluded Kistler.

ABOUT FREEDOM FINANCIAL HOLDINGS, INC.:

Freedom Financial Holdings, Inc. is a holding company with a focus on the identification of opportunities. The Company's objective is to acquire undervalued assets and/or initiate operations in underserved niches. Once established within the FDMF portfolio, the Holding Company will provide the support necessary to enable each of its subsidiaries to maximize their business opportunities.

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.

Contact Information

  • Contact:
    Freedom Energy International, Inc.
    www.freedomenergyint.com
    Investor Relations
    David Elias
    DME Capital, LLC
    516-967-0205