fri8k10609.htm
Securities
and Exchange Commission
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act
January
5, 2009
Date of
Report (Date of earliest event reported)
Freestone
Resources, Inc.
(Exact
name of registrant as specified in its charter)
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Nevada
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000-28753
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33-0880427
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(State
or other jurisdiction of incorporation)
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(Commission
File No.)
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(I.R.S.
Employer Identification No.)
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2000 E.
Lamar Blvd. Ste. 600 Arlington, TX 76006
(Address
of Principal Executive Offices)
817-303-2173
(Issuer
Telephone number)
Check the
appropriate box below if
the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the
following
provisions (see General Instruction A.2 below):
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item
5.02 Departure of Directors or Principal Officers; Election of
Directors;
Appointment
of Principal Officers.
Item
5.02 Appointment of Chief Executive Officer and President
On
January 5, 2009, Lloyd Lane and Tom Bonner resigned as Officers of Freestone
Resources, Inc (“FSNR”). The Board of Directors appointed Mr. Michael
Doran as its Chief Executive Officer and appointed Mr. Clayton D. Carter as its
President.
Michael
Doran, age 28, is a graduate from Southern Methodist University with a degree in
Financial Consulting. Mr. Doran has recently relocated to Dallas, Texas from San
Diego, California where he was instrumental in raising capital for numerous
startup companies including multiple hedge funds, as well as various Internet
based companies. Mr. Doran has also had extensive experience as a wealth manager
where he worked with numerous high net worth individuals and companies. Mr.
Doran plans to use this network and experience in order to aid in the
multidimensional growth of Freestone as a chemical distribution and oil
production company. The current Freestone team is excited about the addition of
Mr. Doran and his long-term plans for company growth.
Mr.
Carter, age 23, received his Bachelor of Arts in Integrated Marketing and
Communications from Pepperdine University. With his extensive knowledge of the
public markets and investment-based finance, Mr. Carter has raised the capital
to develop multiple Internet based startups. This is knowledge that he will now
apply to oil and gas specific investments as an integral member of the Freestone
Resources team. Mr. Carter will serve as the company’s president, and assist in
marketing and public relations operations.
Mr. Doran
and Mr. Carter will be eligible to participate in all applicable corporate
benefit programs including medical insurance plans, stock option plans, group
life and disability plans.
Mr. Doran
and Mr. Carter do not have any family relationship with any director,
executive
officer, or person nominated or chosen by our Board
of Directors to become executive
officers. There are no transactions in which Mr. Doran and Mr. Carter
have an interest requiring disclosure pursuant to Item 404(a) of Regulation S-B
promulgated under the Securities Exchange Act of 1934, as amended, since the
beginning of FSNR’s last fiscal year or currently proposed transaction, other
than as described above, between FSNR and Mr. Doran and Mr. Carter.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this
report to be signed on its behalf by the undersigned hereunto duly
authorized.
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FREESTONE
RESOURCES, INC.
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Date: January
5, 2009
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By: /s/
JAMES CARROLL
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James
Carroll
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Chief
Financial Officer
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