Stock price of Freedom Environmental Services Inc (PINK:FRDM) looks rather unpredictable lately. After a couple of positive FRDM_chart.pngprice changes, yesterday FRDM cut off the climb again and lost 7.89% for the day.

Along with the price fall, traded volume of the stock substantially decreased.

The reason for the low trade is still unknown, though it seems that FRDM is anxious to get back on track as soon as possible. This time, by promotions.

The campaign started yesterday and it’s still on today, worth $7,500 so far.

The last announcement by Freedom Environmental was issued on Feb 24, reporting some changes in registrant’s certifying accountant that were approved by its Board of Directors. Since that time, no further data on the company’s activities has been revealed.[BANNER]

FES_logo.gifFreedom Environmental Services Inc provides liquid and wastewater treatment and transportation. As of September 30, 2011 the company’s current assets substantially decreased as compared to the previous period, while the liabilities got higher.

During the same period, the stockholders’ equity got much lower, and the accumulated deficit rose up.

Despite the fact that revenues of FRDM have increased, the continuation of the company has been placed under a going concern and the only way out is some additional capital to be obtained.