Ludlow Issues $0.06 Price Target on FDMF

Ludlow Capital Issues Research Opinion on Freedom Energy Holdings, Inc.
Last Updated: June 8, 2010 - 4:32pm EST

NEW YORK–-Ludlow Capital issues research opinion on Freedom Energy Holdings, Inc. (OTC:FDMF), a provider of petroleum remediation solutions, with a near-term valuation price target of $0.04 to $0.06 per share.

INVESTMENT HIGHLIGHTS

* BP Testing – company has been placed in 'stage 3' testing with BP, with potential for upgrading to 'Stage 4' for oil clean-up recovery contracts.
* Louisiana Officials – meeting directly with Plaquemines Parish officials to demonstrate oil recovery technology, and potential of local municipal contracts
* Project Financing – finalized operational financing, ability to market and fulfill contract orders
* Share Structure – currently around 500 million shares issued and outstanding, with 200 million in public float.
* Other Projects – working on additional projects in Middle-East, Venezuela, and South Texas
* Market Cap Valuation – current market cap valuation of around $5 million, with projected fair-market valuation of $20 to $30 million.


BP Testing (Stage 3 Status)

The Company received verification from BP that their KC9000 has been approved for further technical review. Out of thousands of oil spill clean-up technology solutions submitted to BP, Freedom Energy's KC 9000® was one of several hundred escalated to stage 3 for further review. If the technology can be considered as "Feasible, Proven" or "Feasible Not Proven" it will then be escalated to Stage 4 for final review, and open the door for oil spill recovery contract with BP. With political pressure on BP growing from the Obama administration, we anticipate seeing many of these 'stage 3' clean-up solutions fast-tracked to the Gulf, which could position the company in potentially obtaining a contract in the near-future.

Louisiana Officials

The Company plans to meet directly with officials from Plaquemines Parish, Louisiana, around June 14th to discuss how their KC9000 technology could aid them in their oil recovery and clean-up efforts. Going directly to local officials and coastal regions may be a smart move on the companies part on closing an initial contract for oil waste recovery. These meetings with local officials could open the door for the company to demonstrate their technology, while at the same time developing network contacts for future remediation contract agreements.

Project Financing

The Company has finalized and obtained equity financing in the range of $720k, which should assist in providing operational cash-flow, and providing funds on fulfilling any new contract orders that may come in. Although a bit dilutive at current share price, the financing still keeps the share structure at around 500 million outstanding, and should now open the door for company to close and fulfill new contract orders.

Valuation Summary

With project financing in place, and Freedom Energy being one of the few companies to be included in BP's 'stage 3' technical program, the prospects of this company closing one of the many sought after oil recovery contracts have increased. Even after the current financing, the company now has around 500 million shares outstanding. If given the potential for them to close a contract with BP, and the current shares outstanding, we feel a 'speculative' fair-valuation for the company to be around $20 to $30 million, or $0.04 to $0.06 per share range.

Verification of first or larger contracts with either BP, or local municipalities in the Gulf Coast region could justify a much higher market valuation.

Risks

As with most equities, dilution of common shares could reduce the value of the company, and thus effect and valuation targets, and price performance. Other risks range from inability to obtain proper financing, decrease of technology, inability to close contracts, and under-performance of revenue expectations. The company is currently traded on the Pink Sheet exchange, and thus has limited public information available for review. Investors are highly encourage to consult with a financial advisors before making and and all investment decisions regarding this security.
http://www.wallstreetnewscast.com/profile/fdmf.html

SEC Suspends Trading in ACLH

SEC Suspends Trading in ACT Clean Technologies, Inc.

Last Updated: May 25, 2010 - 9:45am EST
(New York)--The US Securities and Exchange Commission (SEC) has halted trading in ACT Clean Technologies (OTC:ACLH), a producer of environmentally friendly and cost-effective oil waste clean-up technology, until June 8th, 2010 on verification of information released to the public.
According to the SEC statement, there is a lack of current and accurate information concerning the securities of ACT Clean Technologies, Inc. (“ACT”) because of questions regarding the accuracy of assertions by ACT concerning, among other things: (1) British Petroleum’s purported expression of interest in using a so-called oil fluidizer technology purportedly licensed to ACT’s wholly-owned subsidiary, American Petroleum Solutions, Inc., for use in cleanup operations in the Gulf of Mexico, and its purported request that field tests be conducted on the oil fluidizer technology; and (2) the purported results of field tests finding that the oil fluidizers are effective for use in clean up efforts in the Gulf of Mexico.
Repeated attempts to contact the company over the past week through emails and phone calls went without any response or comment. Due to this lack of follow-up, and now developments with the SEC, investors should be highly cautioned about investing into this security until additional information can be provided to the regulators, and public market. Investors are highly encouraged to consult with a financial advisor before making any investment decision with this security.
A copy of the SEC order can be found at - http://www.sec.gov/litigation/suspensions/2010/34-62166.pdf

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Oil Spill Plays: EVTN, MOPN, TSPG, DPDW, BOCLE, BUGS

 (New York)--May 4, 2010--The following micro-cap stocks may be stocks to watch regarding the growing US oil spill in the Gulf of Mexico.

Deep Down, Inc. (DPDW) - last tarded at $0.12 a share
Enviro Voraxial Technology, Inc (EVTN) - last traded at $0.75 a share
MOP Environmental Solutions, Inc. (MOPN) - last traded at $0.06 a share
TGI Solar Power Group, Inc. (TSPG) - last traded at $0.012 a share
Bio-Clean, Inc. (BOCLE) - last traded at $0.019 a share
US Microbics, Inc. (BUGS) - last traded at $0.0064 a share

A number of these stocks are considered highly speculative, but with the oil crisis in the Gulf getting worse traders are seeking out waste treatment companies within this sector, and there may still be some upside regarding some of the fore mentioned plays.

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