'Business Opportunity' With Fuel Broker RMT Holdings

At the close of trading last week, Brian Kistler, CEO, Freedom Energy Holdings said that 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.

According to the company website, Freedom Energy International uses a proprietary process it calls KC-9000 to clean and recycle heavy oil.

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 burned. 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.

FMI: www.freedomenergyinternational.com