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Freedom Environmental Services (FRDM)
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Monday, October 17, 2011 – Before Market Open “Legends of the Fall”; Stock Pick #3
Freedom Environmental Services, Inc. (OTCPK: FRDM - .055 per share) 52-Week High / $.09 52-Week Low / $.0115 Acquisitions of Brownies Wastewater Solutions, Vac and Jet Services, Grease Tec, and David M. Hickman Septic Service Expected to Show Huge Improvements to Assets, Revenues and Earnings $20 Million Tax Credit adds to Chances that FRDM becomes an Acquisition Target to Others in its Industry New FRDM Video Chart Posted at TheGreenBaron.com Third and final of three “Stock Picks” we are calling “Legends of the Fall” is predicted to make huge move higher over the near-term Click Here for 52-Week Chart on FRDM Freedom Environmental has been one of The Green Baron Report’s favorite stock ideas for the past year and a half. On several occasions during 2010, we correctly predicted a solid move higher in the stock price of Freedom Environmental (FRDM). However, it was our call at the end of December 2010 when FRDM was trading at .014 per share that we made history. We chose FRDM as a stock that would fly in January due in part to The January Effect. About two weeks into January this year, FRDM rallied to hit a high of .064 on volume one day of over 13 million shares. The move up was a whopping 357% from .014 to the high at .064. After a quick pullback to .02 per share, we again pounded the table for our members to accumulate FRDM. By the end of May this year, FRDM had hit a high of .09 per share demonstrating another move of about 350%. It’s no wonder why we get emails from members concerning Freedom Environmental just about every day. We have patiently waited for the next perfectly timed entry point to reintroduce FRDM. The Company has struggled to report earnings this year due in part to complexities involved with merging accounting records from all its acquisitions it made last year. Freedom also changed its accounting firm midstream this year which seems to have added to its issues over reporting on time. A press release issued just over two months ago on August 12, 2011 stated that 1st and 2nd quarter 10-Q filings were complete and were being forwarded to the Company’s auditors for review. Now, these highly anticipated earnings reports could be announced any time. The Green Baron Report does not know anything specific about these numbers, but we remain confident that management selected the right companies to acquire and that its business model remains sound. We do expect Freedom to become fully reporting very soon, and we suggest that our members consider accumulating stock in FRDM. Therefore, The Green Baron Report has selected Freedom Environmental Services, Inc. (OTCPK: FRDM) as our 99th Green Baron “Stock Pick” since inception for our home page and our third “Legends of the Fall” pick, and we strongly suggest members accumulate the stock as close to our profile price of .055 as possible. It is also the second time we have selected FRDM as a “Stock Pick”, our strongest level of coverage. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at www.thegreenbaron.com and through email updates to members. We have very aggressive price projections for BLVT and believe the stock has huge upside potential based on several positive fundamental factors. Trader’s Notes: FRDM appears to have made another bottom over the past two months at .04 per share. The stock has traded in a tight range between .04 and .06 per share since late July, and has sort of lulled investors to sleep. We believe FRDM needs to convincingly trade over .06 per share to make a move on a new year high. Volume has been picking up recently, and larger investors are expected to come into the stock should the Company become fully reporting and the numbers look good. Freedom Environmental (OTC: FRDM) is one of only two publicly traded companies specializing in rendering, recycling, recovery, and maintenance for the food service industry in the Southeast US. The other company is Darling International (NYSE: DAR). Freedom is one of Florida's only 100% "Green" grease and wastewater collection, processing, and recycling companies headquartered in Orlando, Florida. FES provides the most comprehensive, cost-effective and reliable treatment systems and services. FES provides full capture and processing of organics and grease from both commercial and residential accounts. FES processes all wastewater and grease, normally sent to a dump site and produces a reusable bio-fuel feedstock. Working in conjunction with the Department of Environmental Protection, major utility providers, and local health departments, FES provides Wastewater and Storm-water System Management, Grease and Organics Collection, Processing, and Disposition, Commercial Plumbing and Water System Management, Septic service and maintenance, lift station maintenance, line jetting and excavations. Green Baron Analysis – The acquisitions of Brownies Wastewater Solutions, Vac and Jet Services, and Grease Tec added well over 2,000 commercial accounts to Freedom’s list of clients. Freedom has until December 31, 2011 to complete its acquisition of David M. Hickman Septic Service of Pennsylvania, a 100 year old family owned business. All totaled, we believe FRDM will show well over $6 million in revenue for 2011. Freedom holds a tax credit of about $20 million that could be utilized by another company in its industry should it be taken over. We estimate the current market cap of FRDM to be between $6 and $7 million at Friday’s closing price of .055 per share, so the credit could be worth far more than what the entire valuation is of FRDM today. It you add all the equipment, trucks, commercial accounts, and other assets of Freedom; we believe the true value of FRDM stock is over .20 per share today. We also think that Freedom is a takeover target, particularly once the Company achieves fully reporting status and if it can demonstrate profitability. Based on an announcement that was released over two months ago on August 12, 2011, earnings reports are long overdue. These financial filings could come at anytime, and once they are announced we will be sure to provide our members with a more detailed report. See below for the press release that was issued on August 12: ORLANDO, Fla., Aug. 12, 2011 (PRNewswire) - Freedom Environmental Services, Inc. (OTCPK: FRDM) announces that the 1st and 2nd quarter 10-Q quarterly filings are complete and are being forwarded to the company's auditors for review. President and CEO Michael Borish stated, "We are excited to have made it through our first 10K after acquiring multiple companies last year. The 1st and 2nd quarter 10-Q's will show the significant progress the company has made and reflect the expected growth in revenue." Mr. Borish went on to say, "the company will then be up to date with all filings and intend to stay that way moving into the future." Our accountants stated, "Freedom Environmental's quarterly statements are complete and now will be reviewed by the company's auditors and finalized for release. I am very pleased with the company's progress and with the accounting groundwork; we anticipate our future quarterly filings to go smoother.” Contact: Freedom Environmental Services, Inc. Investor Relations: 1-855-FRDM-INFO |
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