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WI Technology LLC-Oil Leases & Freedom Financial Holdings Inc	Update Date: 08/23/08
Date Announced: 08/13/08
Value (million $USD): 0.5 million U.S. Dollar

Status: Pending

TRANSACTION DETAILS
Date Announced	08/13/08
Date Originally Announced	08/13/08
Format	Acq. Part. Int.	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	0.5 million U.S. Dollar	Advisor Fees	n/a

SYNOPSIS
US - Freedom Financial Holdings Inc definitively agreed to acquire a 12.5% stake in the oil leases of WI Technology LLC, an oil and gas exploration and production company, for $0.5 mil in restricted common stock.

TARGET
Name	WI Technology LLC-Oil Leases
Industries	Drilling oil and gas wells; Oil and gas field exploration services
City	n/a
State	NY
Nation	United States
Incorporated in	n/a
Public Status	Subsidiary
Business Description	Oil leases of WI Technology LLC.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Freedom Financial Holdings Inc (Pink Sheet : FDMF)
Industries	Investors, nec
City	Fort Wayne
State	IN
Nation	United States
Incorporated in	MD
Public Status	Public
Business Description	Freedom Financial Holdings Inc, located in Fort Wayne, Indiana, is an investment holding company focused on focus on the identification of opportunities in the financial services sector. Their objective is to acquire undervalued assets and/or initiate operations in underserved niches. They also operate two divisions with a focus in the financial services sector; Freedom Financial Mortgage Corp with operations in Indiana, Ohio, Georgia and Florida and Freedom Mortgage Resolutions Inc with operations in Ohio, Indiana, Alabama, Illinois, Michigan, Minnesota, North Dakota, North Carolina, Wisconsin, Tennessee, Mississippi, Georgia, Florida, Nevada, Mississippi and Colorado. The company was founded in 2005.
Advisors	NULL
Acquiror Sales	n/a

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