FDMF - Freedom Energy Holdings, Inc.
Freedom Energy Announces Jet Fuel Opportunity
FORT WAYNE, Ind., July 29, 2011 /PRNewswire via COMTEX/ -- Brian Kistler, CEO, Freedom Energy Holdings, Inc. (Pink Sheets: FDMF.PK) reported at the close of trading today that the company has been presented with a "major new business opportunity" in the aviation sector, as a result of its recently announced commercial joint venture agreement with RMT Holding, Inc ("RMT"). RMT is a foreign based commodities trading company, dealing primarily in the purchase and sale of jet fuel and heavy diesel term contracts on a global basis.
Jet fuel is the third-highest product in demand worldwide and like gasoline, is largely confined to use in the transportation sector. Aviation consumes 2% of all fossil fuels burnt. This represents 12% of the fuel consumption of the entire transportation sector, to be compared with 80% dedicated to road transport. In worldwide operations, U.S. passenger and cargo airlines require 17.5 billion gallons of jet fuel annually, or approximately 415 million barrels. The most economically effective and efficient means by which airlines purchase jet fuel is through "term contracts" based upon a projected volume for a given period of time.
"The market for Jet Fuel is exceptionally large and demand far exceeds supply. We are excited to now have the opportunity to pursue commercial contracts in this niche business sector as a result of our joint venture agreement with RMT. We are in the process of several on-going negotiations in this, and other commercial markets, in which RMT has played a significant introductory role. Further details will be made public once anticipated contracts have been formalized," confirmed Kistler.
FDMF offers cost effective solution to growing demand and prices of fuel. KC9000 has proven to deliver positive results to reap profits on! The partner company has a huge base of customers that FDMF targets as an additional source of income. FDMF is going places, great call!
FDMF - On an important side note not only is this revolutionary KC9000 used to reduce viscosity of oil and provide constant output but my DD says that oil industry resorts to utilizing these black catalysts so to speak in order to prevent heavy oil from posing a hazard!
FDMF VERY THIN TILL 4'S!! ONLY 54 MIL SHARES IN THE FLOAT!!! COULD EXPLODE ON THE NEXT UPDATE PENDING DOWN THE PIPELINE I HEAR!! FDMF HAS A VERY FAVORABLE SHARE STRUCTURE!!!! ONLY 54 MIL SHARES IN THE FREE FLOAT!!! COULD RAMP UP BIG TIME!!!
http://t.co/2ZvOSHpFDMF long term chart shows that lots of investors have been buying the stock since June 1st when FDMF first exercised an opinion of entering a joint venture with a jet fuel company therefore building up the On Balance Volume which has ascending momentum: $INDU - SharpCharts Workbench - StockCharts.com
Global Technologies Group, Inc. (GLOBAL) is a company that is in the business of acquiring exclusive licenses and distribution and reseller contracts on proven technologies in the environmental, green and war fighter industries. The criteria for the licensing or distribution agreements of the technologies are: they must be proven, validated and in use. The business plan of Global is to sublicense the technologies it acquires to companies in Countries covered under the original license grants and for its own use. For our exclusive distribution and reseller agreements, we partner with appropriate representatives in the covered countries for resale of turn key projects.