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Hey, BD. EESO's 2nd run encountered a set back due to the announcement of potential dilution. However, the effect has been taken place. The uptrend will resume next week. Many great PRs are expected in the next couple of weeks. The MMs have full control of EESO now. Just play along with them.
Posts: 3225 | From: Michigan | Registered: Aug 2005
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quote:Originally posted by JimSC: Hey, BD. EESO's 2nd run encountered a set back due to the announcement of potential dilution. However, the effect has been taken place. The uptrend will resume next week. Many great PRs are expected in the next couple of weeks. The MMs have full control of EESO now. Just play along with them.
No doubt Jim - play with them - not against. Here is a lil info on Brian Kistler...
Kistler currently promoting ADCS, EESO, PINR and there may be others. Still no mention of any of these or other deals in Fredom's filings that I have found. Thought I would put this here for you and so I don't lose it in my files! LOL
LEGAL PROCEEDINGS On November 28, 2006 a complaint was filed in the Court of Common Pleas, Cuyahoga County Justice Center in the State of Ohio in which FFMC was named as defendant. There were 22 named plaintiffs in the action. The lawsuit was not a class action. The complaint alleged violations of the Telephone Consumer Protection Act of 1991 which prohibits the transmission of unsolicited facsimiles for advertisement. The Complaint also asserted violation of Consumer Sales Practice Act, a related Ohio statute for the transmission of unsolicited facsimiles for advertisement. FFMC contracted with a third party for advertising services. The third party sent facsimile transmissions to the plaintiffs in the action. Damages for violation of the federal statute range from $500-$1500 per violation. Damages are $200 per violation of the Ohio statute; additionally, attorney’s fees may be awarded. The Company filed an answer to the complaint on February 7, 2007 in which it denied liability and asserted a complaint against the third party it contracted with for indemnification purposes. The maximum aggregate amount of damages the Company faced for alleged violation was estimated at $94,400.
The Company vigorously defended against all claims asserted in the complaint. On December 3, 2007, FFMC entered into a Mutual Release and Settlement Agreement (“Settlement Agreement”). Under the terms of the Settlement Agreement, FFMC was to pay to Plaintiffs Fifteen Thousand Dollars ($15,000.00) on or before December 5, 2007. In addition, FFMC shall take all reasonable actions in the Litigation to obtain a monetary award in the amount of $15,000.00 against EZPMG, Inc. in connection with the Motion for Default Judgment that FFMC has been granted against EZPMG, Inc. in the Litigation and shall then assign said judgment to Plaintiffs. The risk of collecting any money from EZPMG, Inc. pursuant to the assignment shall be borne solely by Plaintiffs, and FFMC does not represent, guarantee or warrant that Plaintiffs will successfully collect from EZPMG, Inc. any part of the assigned judgment.
Other than the lawsuit mentioned above, the Company is currently not a party to any material litigation, nor is the Company aware of any pending or threatened claims.
DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS The Management of Freedom Financial Holdings, Inc.
The following table sets forth information regarding our directors and officers. Executive Officers and Directors of the Company and their positions are as follows:
Name: Position(s) Age Brian Kistler Chief Executive Officer, Director 51 Robin W. Hunt Chief Financial Officer, Director 43 Robert Houlihan Director 69 Gregory Fields Director 47 Robert W. Carteaux Director 74 Stan Lipp Director 70
The Management of Freedom Financial Mortgage Corporation
The following table sets forth information regarding the officers of Freedom Financial Mortgage Corporation:
Name Position Age Robin W. Hunt President 43 Brian Kistler Director 51
The principal occupation and business experience of each of our officers, directors and key employees, for at least the last five (5) years is as follows:
Brian Kistler. Mr. Kistler has extensive work history in the financial services industry. He began working at the securities firm Edward Jones in 1987 and over five (5) years increased his assets under management to $45 million dollars. Mr. Kistler then joined Linsco/Private Ledger in 1992, an independent broker/dealer firm, where he worked as an independent contractor. In 1994 he was recruited by broker/dealer Hillard Lyons to develop the northeast area of Indiana. During his time at Hillard/Lyons Mr. Kistler had assets under management of nearly $100 million dollars. In 1999 Mr. Kistler joined Raymond James & Associates to manage their recently acquired Fort Wayne, Indiana office. Subsequently, he became the manager of nine (9) Raymond James offices in Indiana. Mr. Kistler’s responsibilities included managing fifty-three employees. During his time as manager, the revenues and assets under management grew substantially as a direct result of Mr. Kistler’s ability to recruit, retain and train high quality financial advisors. Mr. Kistler left Raymond James in December 2005 to focus on the development of the Company.
Mr. Kistler is the founder of the Company and will serve as a Director and as its Chief Executive Officer. He was appointed to these positions on February 10, 2006.
Robin W. Hunt. Mr. Hunt has a diversified work history in the mortgage industry. In 1989 he began working at Project Renew and in 1990 he took over as the Executive Director. During his tenure at Project Renew, he reinvested over $15.5 million dollars into Fort Wayne’s older neighborhoods. Mr. Hunt was also responsible for the development and administration of federal and private loan programs. Additionally, he established Project Renew as a qualified housing agency with the Department of Housing and Urban Development. He also qualified Project Renew to act as a mortgagee and project manager under the Federal Housing Administration 203K Program. During his time at Project Renew, he also became the Chief Financial Officer and was responsible for the annual accounting audit and bi-annual government audits.
In March of 2000 Mr. Hunt joined FFMC. His responsibilities at FFMC have included development of financial management systems, staff policy and procedures and quality control procedures for FFMC. Additionally, he qualified FFMC for lender approval with the Federal Housing Administration and the Department of Veteran Affairs. Mr. Hunt maintains all daily financial duties including payroll and payroll taxes and oversees the annual financial audit. Further, he maintains all state licenses. During Mr. Hunt’s tenure, FFMC has expanded its geographic area and has established relationships with over 100 wholesale lenders. Mr. Hunt is the brother-in-law of Mr. Sinn. On December 13, 2007, Mr. Hunt replaced Mr. Sinn as President of FFMC.
Mr. Hunt joins the Company as the Chief Financial Officer and a Director. He was appointed to these positions on February 10, 2006. In addition, he will continue his duties with FFMC.
Robert Houlihan. Mr. Houlihan has been in the insurance industry since 1959, when he joined the New England Fire Insurance Rating Association as an inspector. In 1968 Mr. Houlihan joined the staff of Brotherhood Mutual Insurance Company as the supervisor of the Commercial Lines Department. He was named chief underwriter in 1969, manager of underwriting in 1976, and assistant vice president of underwriting in 1977. Mr. Houlihan was promoted to vice president – underwriting in 1983, assumed responsibility for building and grounds in 1998. From 1998 through June of 2003 Mr. Houlihan was vice president – building and grounds. Since June of 2003 Mr. Houlihan has been retired.
Mr. Houlihan graduated from Bryant College in Providence, RI, in 1957 with a degree in business administration.
Mr. Houlihan joins the Company as an independent director. He was appointed to this position on May 17, 2006.
Gregory Fields. Mr. Fields is an experienced business development professional who has over 25 years of business operations experience. From 1991-2003 Mr. Fields was a founding team member and Vice-President of a small consumer electronics company, Innotek Pet Products, Inc., which was sold to an investment group. In 2003, he purchased his current company, G.K. Fields & Associates dba Action International which provides business management consulting services. Throughout the past three (3) years, Mr. Fields has assisted business owners by helping grow their own business-development potential through coaching in sales, marketing, teambuilding, customer service and leadership.
Mr. Fields has a Bachelor of Science in Business from Indiana Wesleyan University where he graduated cum laude. He also earned an Associates degree from Purdue University in management and an Electronics Communication Degree from Indiana Tech in Fort Wayne.
Mr. Fields joined the Company as a Director and the Chief Operating Officer. He was appointed as a Director on May 17, 2006 and he became the Chief Operating Officer on January 11, 2007. However, effective December 1, 2007, Mr. Fields resigned his position as Chief Operating Officer. He remains a Director of the Company.
Robert W. Carteaux. Mr. Carteaux has been an investor for his own account for the past five years. Prior to his retirement in 1997, he was the President and CEO of CTC, Inc., a wholesale consumer products distributor, for 31 years. During his business career Mr. Carteaux successfully founded five (5) businesses which he later sold to employees of each company.
Mr. Carteaux joins the Company as a Director. He was appointed to the position on December 4, 2006.
Stan Lipp. Mr. Lipp currently serves as the President of TreadBlaster Marketing, Inc., where he oversees the marketing and selling of the TreadBlaster products, and the Chairman of Carpet One in Fort Wayne, Indiana. Mr. Lipp has been the President of TreadBlaster Marketing, Inc. for the past five years and the Chairman of Carpet One for more than ten years. Mr. Lipp has a Bachelor of Arts in Political Science and Public Administration from the University of Colorado. Mr. Lipp was the founder of Carpetland USA and worked with the company from 1960-1997. During that time he expanded the business into multiple states and locations. Currently, he serves as the Chairman of Carpet One in Fort Wayne, Indiana. Mr. Lipp has in the past, and currently serves on the boards of several charitable organizations and has been awarded many business honors including Sagamore of The Wabash by the State of Indiana Governor Evan Bayh.
Mr. Lipp joins the Company as a director. He was appointed to this position on December 4, 2006.
Family Relationships
There are no family relationships among our directors or officers.
Legal Proceedings To the best of our knowledge, except as set forth herein, none of the directors or director designees to our knowledge has been convicted in a criminal proceeding, excluding traffic violations or similar misdemeanors, or has been a party to any judicial or administrative proceeding during the past five years that resulted in a judgment, decree or final order enjoining the person from future violations of, or prohibiting activities subject to, federal or state securities laws, or a finding of any violation of federal or state securities laws, except for matters that were dismissed without sanction or settlement.
Meetings and Committees of the Board of Directors
We do not have a nominating committee of the Board of Directors, or any committee performing similar functions. Nominees for election as a director are selected by the Board of Directors.
We do not yet have an audit committee or an audit committee financial expert. We expect to form such a committee composed of our non-employee directors. We may in the future attempt to add a qualified board member to serve as an audit committee financial expert in the future, subject to our ability to locate and compensate such a person. Despite the lack of an audit committee, those members of the board of directors that would otherwise be on our audit committee will continue to analyze and investigate our actual and potential businesses prospects as members of our board of directors. Furthermore, our entire board of directors is aware of the importance of the financial and accounting due diligence that must be undertaken in furtherance of our business and they intend to conduct a comprehensive accounting and financial analysis of the Company’s business. Our Company established a Compensation Committee on December 13, 2007 which consists of three directors, Robert Carteaux, Greg Fields, and Robert Houlihan. The Compensation Committee will be responsible for reviewing general policy matters relating to compensation and benefits of directors and officers, determining the total compensation of our officers and directors.
Except as disclosed in the applicable employment agreements discussed in the section of this document titled “Executive Compensation,” “Employment Agreements” and as disclosed in the section of this document titled “Certain Relationships and Related Transactions,” no arrangement or understanding exists between any executive officer and any other person pursuant to which any executive officer was selected to serve as an executive officer. Freedom Financial Holdingshttp://www.sec.gov/Archives/edgar/data/1386044/000138038908000008/ffhisb 2posam021208.htm
Freedom Financial Mortgage Moves To New Headquarters Within Fort Wayne Move to Brotherhood Office Park will allow expansion of local and out-of-state operations Fort Wayne, Indiana, (December 11, 2006)- Freedom Financial Mortgage Corp., a wholly owned subsidiary of Freedom Financial Holdings, Inc., announced today that it has moved its headquarters into the 16,000 square foot building it purchased at 6615 Brotherhood Way in Fort Wayne. The building, in Brotherhood Mutual Office Park, was formerly owned by Carteaux and Lipp Realty and is partially occupied by Butler Telecom, which will continue its operations in the building. Freedom Financial Mortgage Corp. currently employs 15 at its corporate headquarters and has 25 employees nationwide with offices in Woodstock, Georgia and Tampa, Florida. Freedom Financial Mortgage Corp., founded by Rodney Sinn in 1997, merged with Freedom Financial Holdings, Inc. in May, 2006 to expand its national mortgage operations. The company was located at 421 East Cook Road in Fort Wayne before this relocation. Currently a mortgage broker, Freedom Financial is moving toward becoming a mortgage banker to increase its ability to serve its customers and the community with greater flexibility and efficiency. The state of Indiana, through the IEDC and the city of Fort Wayne, through the Fort Wayne-Allen County Economic Development Alliance, are working together to provide a performance-based package of incentives to assist Freedom Financial with its relocation and expansion. Potential incentives include tax abatement, tax credits and grants based on job creation and investment in the project. Training grants for resident Indiana employees will also be considered. “The City of Fort Wayne is proud of Freedom Financial Corporation’s headquarters expansion and reinvestment in this community,” stated Fort Wayne Mayor Graham Richard. “The important financial services business sector has a long history in Fort Wayne and we work hard to provide the resources to companies like Freedom Financial for them to thrive here.” Brian Kistler, President and CEO of Freedom Financial Holdings, Inc. said, “This move will allow us to expand our local presence as well as increase support staff for our continued out-of-area growth. We plan on adding 35 to 40 new loan officers and support staff over the course of the next two years, more than doubling our current size.” Mr. Kistler went on to thank Mr. Carteaux and Mr. Lipp for making the purchase possible and Tower Bank for its role in the project financing. The company will invest about $125,000 in building renovations to create new offices and workstations. Strebig Construction is the contractor for the renovation project. Applications for jobs with Freedom Financial can be completed at http://www.careerbuilder.com/JobPoster/Jobs/MyJobs/ViewJob.aspx?Job_DID=J8F3LW6Q JFMT8PPSC24. More information about Freedom Financial Mortgage Corp. is available at www.freedomfinancialmortgage.net.Posts: 6648 | From: Virginia | Registered: May 2006
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Any idea of what is going to happen this week? I am starting to get a "QBID" feeling.
Posts: 1 | From: Florida | Registered: May 2008
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ouch. Yes, this does have that "QBID" feeling right now...I played QBID--I made alot of money on that one. Could have made more if I had taken profits at highs, and bought back in on dips.
Hopefully mms will run this one again.
Posts: 3570 | Registered: Jul 2004
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Looking for this to track right along with Brians other two pinks ADCS and PINR. Just my opinion - but I think I'll be purdy close. Good luck.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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TOLD YOU GUYS THIS STOCK WAS GONNA SUCK WAIT TILL YOU LOSE EVERYTHING THEN YOU WILL SAY YOU WERE WRONG AND I WAS RIGHT FOR GETTING OUT AT .01
Posts: 30 | Registered: Apr 2008
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quote:Originally posted by SHAUN202: TOLD YOU GUYS THIS STOCK WAS GONNA SUCK WAIT TILL YOU LOSE EVERYTHING THEN YOU WILL SAY YOU WERE WRONG AND I WAS RIGHT FOR GETTING OUT AT .01
I think we were pretty good with giving some warnings here Shaun. Pretty close to bounce time unless there is major dilution or NSS going on.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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Shaun- When you first came here you were all full of questions and insecurities. I watched as good people extended a helping hand to you, while warning you about pinks and this one in particular. Now you're back with "I told you so." I'd laugh if it wasn't so pathetically immature.
-------------------- If I ever get real rich, I hope I'm not real mean to poor people, like I am now. Posts: 36 | From: Kansas, USA | Registered: Apr 2008
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News for 'EESO' - (Enzyme Environmental Solutions Announces Expansion Into the Convenience Store Beverage Industry)
FORT WAYNE, IN, May 13, 2008 (MARKET WIRE via COMTEX) -- Enzyme Environmental Solutions Inc. (PINKSHEETS: EESO) CEO S. Jared Hochstedler announced today that the company has finalized the plans to launch into the Convenience store beverage industry. Anticipated annual revenues from this division could top $15 million USD (based on historical data).
CEO Jared Hochstedler stated, "In conjunction with the ECO merger and the contacts that Bill White and Owen Stern have brought to EESO we are now able to begin to supply up to 1,500 Convenience stores with coffee, cappuccino, espresso, smoothies and ice tea. The average yearly revenue from each store is estimated to reach $14,000 per year. This initiative will not detract from the previously announced efforts and project, but will be a division unto its own."
Hochstedler continued, "I am extremely pleased to also announce that the beverage division will be under the leadership of Mark Troyer. Mark has an extensive financial background and is driven toward success. I am looking forward to Mark joining the EESO team and running with this division."
Hochstedler further stated, "The revenues from this new initiative are in addition to the previously estimated $30 million of 2009 annual revenue. The company will need to invest around $5 million to fully roll out this division, which will be done as funding is available. Anytime I can invest and get a potential 300% return per year I will do that everyday. This is consistent with my plans to build shareholder value. Please visit www.Youtube.com/enzymecleaners for a video that introduces Mark Troyer."
"As mentioned earlier our fully automated bottling machine has been delivered and we expect it to be operational no later than weeks end. I hope these recent events will demonstrate my desire to build shareholder and overtime, I trust all shareholders will be pleased with our results. I am further looking forward to releasing further contract information in the coming days," concluded Hochstedler.
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.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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Nice one, BooDog! IMHO a little diversification is a good thing, as long as it doesn't steal focus from the enzyme biz. It makes sense, since we are already marketing to C-stores anyway.
-------------------- If I ever get real rich, I hope I'm not real mean to poor people, like I am now. Posts: 36 | From: Kansas, USA | Registered: Apr 2008
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I wasnt payin attention to the fundamentals that much... Coffee??? Alrightythen! LOL.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 6648 | From: Virginia | Registered: May 2006
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