Fort Wayne, IN, September 17, 2013 – (Accesswire) -- Freedom Energy Holdings, Inc. (OTCPink: FDMF)
Today announced that the Michigan Department of Environmental Quality (DEQ) has given final approval for the ELAS pilot project to begin. ELAS is the acronym for Extraction of Liquid Asphalt from Shingles.
Brian Kistler, CEO, stated, "I am so pleased to be able to bring this news to the public forum. We have been waiting for this day for over a year and finally we can put our plans into action. As I have indicated the Michigan DEQ has been very thorough in its due diligence for our project as they have no interest in allowing another pile of shingles to be collected and not recycled."
"For a real clear understanding of the problems that have been created by some "Shingle Recyclers" in the past, please go to these articles posted on the internet:
There are many other areas that real problems have been created for the states, so there is no misunderstanding as to why the DEQ has been so cautious. This frankly just adds to our enthusiasm as we know what we have."
Negotiations are continuing for the licensing and future funding of the ELAS nationwide rollout. I look forward to bringing updates regarding this opportunity in the very near future.
ABOUT FREEDOM ENERGY HOLDINGS, INC:
Freedom Energy Holdings, Inc. (OTCPink: FDMF) is a publicly traded company that specializes in the identification and development of technologies with commercial applications in the energy industry sector. Research has shown a completely new product SR-139 to be effective at breaking down asphalt shingles allowing the extraction and recovery of hydrocarbons. The company’s original primary focus was the commercial development of its proprietary, heavy oil technology. KC 9000[R], a breakthrough technology, provides an effective system to enable heavy oil deposits to flow at ambient temperatures.
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 it 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: Brian Kistler CEO, 260-490-9990
Freedom Energy Holdings, Inc.
SOURCE Freedom Energy Holdings, Inc.
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