Exhibit 99.4

UNAUDITED PRO FORMA CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

On June 24, 2015 Freestone Resources, Inc. (“Freestone” or the “Company”) entered into a Stock Purchase Agreement (the “Agreement”) by and among the Company and IWSI Profit Sharing Plan (“IWSI”) for one hundred percent of the common stock of C.C. Crawford Retreading Company, Inc. (“CTR”).

The Unaudited Pro Forma Condensed Consolidated Financial Statements have been prepared for informational purposes only. The Unaudited Pro Forma Condensed Consolidated Balance Sheet and Statements of Operations include certain pro forma adjustments that do not reflect any operating efficiencies or inefficiencies that resulted from the purchase of CTR from IWSI. Thus, the pro forma data provided herein is not necessarily indicative of results that would have been achieved if the companies were combined during the periods presented in the pro forma presentation or results that the Company will experience in the future.

The historical financial information has been adjusted in the Unaudited Pro Forma Condensed Consolidated Financial Statements to demonstrate pro forma events that are (a) factually supportable, (b) directly attributed to the acquisition of CTR by the Company, and (c) with respect to the statements of earnings, are expected to have a continuing impact on the combined results of Freestone and CTR. The unaudited pro forma condensed consolidated financial statements should be read in conjunction with (i) the historical consolidated financial statements and the accompanying notes of the Company, which are included in the Company’s Annual Report on Form 10K for the year ended June 30, 2014; (ii) the historical condensed consolidated financial statements of the Company included in Company's Quarterly Report on Form 10Q for the quarter ended March 31, 2015; (iii) and the audited financial statements for CTR for the years ended June 30, 2015 and 2014 included in this Amendment No. 1 to Current Report on Form 8K.

1. BASIS OF PRESENTATION:

The accompanying Pro Forma Statement of Operations for the year ended June 30, 2014, and for the nine month period ended March 31, 2015, reflects the acquisition of CTR by the Company as if it had occurred on July 1, 2013 by combining the results of Freestone and CTR for the year ended June 30, 2014 and for the nine month period ended March 31, 2015.

The accompanying Pro Forma Balance Sheet as of March 31, 2015 gives effect to the purchase of CTR by Freestone as of March 31, 2015 by combining the balance sheets of both Freestone and CTR as of March 31, 2015. The CTR March 31, 2015 were derived from the historical accounting records of CTR.

2. CORRECTION OF AN ERROR:

Freestone has determined that the derivative liability reported as a result of the warrants issued as a result of the Aqueous Services, LLC transaction, were in fact not a derivative liability and the equity investment in Aqueous Services, LLC should have been written down to zero as of June 30, 2014. Management evaluated the impact of these errors on the year ended June 30, 2014 and the nine months ended March 31, 2015 both quantitatively and qualitatively, and determined that the errors were immaterial to the these financial statements. Pursuant to the SEC SAB Topic 108, the prior period numbers have been corrected in this filing and the derivative liability and the equity method investment and their impact on the statements of operations have been removed.

3. PRO FORMA ADJUSTMENTS:

The Pro Forma Financial Statements are based on the historical consolidated financial statements of the Company and CTR. The adjustments that were made are based on the information that is available and certain assumptions. Thus, actual adjustments may differ from the pro forma adjustments. These Pro Forma Financial Statements attached hereto have been prepared using the acquisition method of accounting for the combination of Freestone and CTR.

The adjustments made in the preparation of the Pro Forma Financial Statements are as follows:

The CTR acquisition was funded by the issuance of 5,000,000 shares of Freestone’s common stock for $500,000. The Proceeds from the stock sale were used as a down payment.The remainder of the purchase price was finance by a note payable to the seller IWSI in the amount of $1,020,000.