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Fortress Financial Group (fka FFGO)

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Fortress Financial Group (FFGO.PK)

WEBSITE  www.fortfinancegroup.com    

          June 23, 2010 - Chairman's Message


Chairman's Message 

In late November of 2009, I along with the Advisors to this Company realized that it was in the best interests of our stockholders to seek a buyer for the Company's passive interests in the "Bouse" and "South Copperstone" Gold Properties in light of soaring gold prices.

I had previously dealt with the very long and expensive payment of three previous Stock Dividend payments and was faced with the problem requiring a resolution of the remaining two historical Stock Dividend payments, coupled with my need to seek a buyer for the remaining and valuable assets of the Company and to distribute those proceeds to our stockholders as a final distribution of our Company's assets.

At that time, in order to achieve a satisfactory outcome for our stockholders, I faced a number of obstacles which I am now pleased and very relieved to report, have been overcome. These were:

I appointed an Investor Relations firm to deal with and to assist our stockholders on a day to day basis and to guide them through this complex sale process and through the payment process of the single Extraordinary Dividend being declared by the Company in the forthcoming weeks. I am satisfied that all stockholders are receiving the support and answers that they require in order to make the correct decisions in respect of the holding in our Company. I trust that this web site will further enlighten, inform and guide our stockholders through this final chapter.

The sale process has been protracted and complex. However, during this process, the price of Gold has soared from around US$1,000/oz to all time ever record high prices in excess of US$1,230/oz. Moreover we are able to overcome these substantial hurdles as outlined above and at this time we now have a substantive agreement in place in order to complete the sale of our Gold interests.

I am delighted to have secured the sale of our Company's interests at all time ever record Gold prices. We have been able to deal with all conditions precedent in order to complete upon the sale of our Gold interests. Over the next few weeks, the deal which has already been agreed upon will be executed and our Transfer Agent will deal with the dates for the payment of the sale proceeds through a single Extraordinary Dividend to our stockholders.

It has been long and at times, a very difficult journey for all involved, but we have prevailed and I personally wish to extend my heartfelt thanks to our patient and supportive stockholders. It is with great pleasure that I am now able to say that this process is now in its final stages and the next few weeks, I will have honored every single one of my undertakings to our stockholders and with our Company's assets being distributed to our stockholders at a price per share that this Company has not seen in many years. With all of the support received over these past six months, we achieved "top dollar" for our Company's assets.

I, along with advisors, have decided that no further Press Releases, Regulatory Filings nor updates of any nature are required at this stage. I have clearly stated in Press Releases and in Regulatory Filings that this is "a done deal" and provided the pricing guidelines for these transactions.

On a final note, I wish to extend my sincere gratitude to all of those who believed in the Company, provided the lifesaving finance to complete this process and to those Loan Note Holders who supported my vision and exchanged their debt in order to become stockholders in our Company.

Peter J Bezzano

June 23, 2010 

 
MESSAGE TO FFGO POTENTIAL SHAREHOLDERS

Please make sure to do your own due diligence and also be prepared to lose your entire investment, as is the case with  ANY stock...even the Big Boards.

ENJOY your time here! It's a means of entertainment that can potentially be profitable. Good Luck!

PRESS RELEASES

NOTICE: FFGO WAS DOWNGRADED TO "CAVEAT EMPTOR" on www.pinksheets.com SINCE Friday, June 4; however, the Company addressed this in the 6/8/10 PR below and indicated that it is of "no consequence to stockholders" regarding the LIQUIDATION DIVIDEND of .003427/share. Please make sure to review the PRs below AND also
MAKE SURE TO READ THE FAQs update on their website as of 9/8//10. The Company is now dormant and SILENT until they complete a list of items specified in the FAQs section. All shareholders are waiting for the Record Date for the NMGL Preferred A and B shares.  For a recap, refer to the sticky note "TO SUM UP FFGO."

 

12/10/10: NMGL Form Ds FILED with the SEC regarding issuance of NMGL Preferred A and B shares as payment for FFGO's gold mining interests in Bouse and S. Copperstone.

Preferred As

http://www.sec.gov/Archives/edgar/data/1393283/000116552710000976/xslFormDX01/primary_doc.xml

12,096,115 shares of the Series A Preferred Stock at a price of US$16.00. These shares were issued in payment of the purchase price for a 23.22% shareholding in Bouse Gold Inc.; this issue being to 1 (One) Accredited Investor.

Preferred Bs

http://www.sec.gov/Archives/edgar/data/1393283/000116552710000977/xslFormDX01/primary_doc.xml

29,334,212 shares of the Series B Preferred Stock at a price of US$2.20. These shares were issued in payment of the purchase price for a 46.84% shareholding in South Copperstone Inc.; this issue being to 1 (One) Accredited Investor.

09/08/10: COMPANY WEBSITE UPDATE - FAQ SECTION

http://www.fortfinancegroup.com/faq.html

8/27/10: EMAIL TO SHAREHOLDERS - CLOSING OF DEAL AUG. 31, 2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53809980

8/13/10: EMAIL TO SHAREHOLDERS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53319715

8/12/10: FFGO 8K - DETAILS ON THE DIVIDEND

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53288575

8/2/10: SALE OF GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52863543

8/2/10: 8Ks
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52863260

7/29/10: COMPLETION OF FINAL STEPS FOR IMMEDIATE SALE OF GOLD INTERESTS 
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52783424

7/27/10: FINAL STEPS TO COMPLETE UPON SALE OF GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52678170

7/14/10: ACQUISITION OF COMPANY'S LONG AND SHORT TERM DEBT
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52259830

7/14/10 8-K: ACQUISITION OF THE BALANCE OF THE COMPANY'S OUTSTANDING LOAN NOTES BY SLOANE INVESTMENTS, INC.
http://www.sec.gov/Archives/edgar/data/802206/000101376210001598/form8k.htm

7/9/10: EMAIL TO SHAREHOLDERS - UPDATE ON PROCEDURE TO RECEIVE EXTRAORDINARY DIVIDEND
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52140756

7/2/10: EMAIL TO SHAREHOLDERS - W/IN NEXT TWO WEEKS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51966875

7/1/10: 13-D/A - NEW SUBSTANTIAL SHAREHOLDER FILES 13-D to report BUYING 17.6B SHARES AT .0035 = 23.59% OF FFGO'S OUTSTANDING
http://www.sec.gov/Archives/edgar/data/802206/000101376210001524/form13d.htm

6/25/10: EMAIL TO SHAREHOLDERS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51719534

6/24/10: LAUNCHES NEW CORPORATE WEB SITE AND WILL ISSUE NO FURTHER STATEMENTS
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-1845435628.html?x=0&.v=1

6/16/10:CLARIFICATION ON AUTHORIZED SHARE CAPITAL
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3570969252.html?x=0&.v=1

6/16/10: / CORRECTION - NEW SUBSTANTIAL STOCKHOLDER
http://finance.yahoo.com/news/CORRECTION-Fortress-iw-3720035216.html?x=0&.v=1

6/16/10: NEW SUBSTANTIAL STOCKHOLDER
COMPANY ADVISED OF A NEW STOCKHOLDER NOW HOLDING IN EXCESS OF 9% OF THE COMPANY'S SHARES OF COMMON STOCK

http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3498893503.html?x=0&.v=1

6/8/10: PINK OTC MARKET LABEL
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51014698

6/2/10: COMPANY BECOMES A VALUE AND BREAK UP PLAY
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-287854410.html?x=0&.v=1

6/2/10: LONG TERM DEBT NEARLY EXTINGUISHED

http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-1750331260.html?x=0&.v=1

5/24/10: Strong Possibility of Increased Sales Price

4/26/10: 8K and Form D
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49445695

4/21/10: COMPANY CONFIRMS THE COMPLETION OF THE AUDIT OF ITS STOCKHOLDER REGISTER
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49262323

4/13/10: COMPANY SUCCESSFULLY RESTRUCTURES ITS LONG TERM DEBT ARRANGEMENTS

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48916768

4/9/10: POSSIBLE INCREASE IN SALE PRICE OF GOLD INTERESTS

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48787717

4/7/10: CLARIFICATION OF IMPORTANT STOCKHOLDER ISSUES

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48674111

4/5/10: FINAL RESOLUTION OF SALE OF COMPANY'S GOLD INTERESTS - Company Resolves Sale of Its Gold Interests and Announces Appointment of Corporate Communications Firm

http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-1775774191.html?x=0&.v=1

3/30/10: SECURES ADDITIONAL LOAN FUNDING
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-1002540535.html?x=0&.v=1

3/25/10: COMPLETION OF THE SALE OF GOLD ASSETS


PRIOR PRESS RELEASES (LINK BELOW - Enter "FFGO" in "Search News")
http://www.marketwire.com
 

8K FILINGS WITH THE SEC. PLEASE REFER TO THE LINK BELOW for UPDATES.
SEC Filings 
http://msnmoney.brand.edgar-online.com/Default.aspx?ticker=ffgo
 

SHORT VOLUME FROM FEB. 1, 2010 TO AUGUST 31, 2010

Very interesting short sale and aggregate volume shift from late June through end of August.

http://images.investorshub.advfn.com/images/uploads/2010/9/12/xnocyFFGO_-_Short_Volume_Since_02012010_Page_1.jpg

http://images.investorshub.advfn.com/images/uploads/2010/9/12/gvchwFFGO_-_Short_Volume_Since_02012010_Page_2.jpg

http://images.investorshub.advfn.com/images/uploads/2010/9/12/xyywxFFGO_-_Short_Volume_Since_02012010_Page_3.jpg

http://images.investorshub.advfn.com/images/uploads/2010/9/12/nhaqmFFGO_-_Short_Volume_Since_02012010_Page_4.jpg

 

 

Transfer Agent: 
http://www.qstransfer.com/

6623 Las Vegas Blvd. South #255
Las Vegas, Nevada 89119

Phone: (702) 629-1883 | Fax: (702) 562-9791

www.pinksheets.com

Estimated Market Cap $7,481,305 as of November 19, 2010

Authorized Shares
85,000,000,000 as of June 4, 2010


Outstanding Shares
74,813,049,643 as of June 2, 2010

Float - Taken from the Company's website. - http://www.fortfinancegroup.com/faq.html
We do not wish to speculate on the size of the "free float" but can categorically state it is not greater than 34 Billion shares of Common Stock; in all likelihood, it is substantially less than that number.


SHARE STRUCTURE FROM TA as of June 22, 2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51633034



Fortress Financial Group
Tel: (954) 623-7409

Address: 2780 So. Jones Blvd., #3532
Las Vegas, Nevada 89146




Helpful Video on Shorting Stocks.

http://www.businessjive.com/
 

 

FFGO - SEC Suspension (October 27, 2011)

http://sec.gov/litigation/suspensions/2011/34-65639.pdf 

http://sec.gov/litigation/admin/2011/34-65640.pdf

PostSubject
#216289  Sticky Note Regarding FFGO/NMGL 'Liquidating Dividend' TomSawyer 12/01/13 03:01:52 PM
#213124  Sticky Note How many times can a company sell the underdog150 05/16/13 07:40:13 PM
#210426  Sticky Note FFGO~ Naked short like no Other & Archives: Militia Man 03/01/13 08:51:39 PM
#210418  Sticky Note FFGO - State of Wyoming Statutes Regarding Dividend Process SevenTenEleven 03/01/13 07:22:21 PM
#217418   Good luck and hope you win it for layton 04/22/14 08:58:04 PM
#217417   Hi Varmit got to interject and say there uk peter1 04/22/14 08:21:01 PM
#217416   Waiting for dividends of %3400 is AWESOME!!! JammingJAY 04/22/14 07:44:20 PM
#217415   Actually, no one cares about the FFGO scam underdog150 04/21/14 06:15:52 PM
#217414   Report the FFGO scam. MakeMoney101 04/21/14 12:08:18 PM
#217412   Nonsense, this will turn out just like all puppydotcom 04/19/14 04:51:38 PM
#217411   Whey would they do that? Thougths? ctrumabll 04/19/14 02:52:32 PM
#217410   Actually, FFGO became a controlling shareholder in HGLC. ctrumabll 04/19/14 02:43:16 PM
#217409   Whey! Would (FFGO) make it so clear in mwab52 04/19/14 11:07:49 AM
#217408   Report the FFGO scam. MakeMoney101 04/19/14 10:22:56 AM
#217405   So this is company used to be HGLC Ramyusa 04/18/14 10:55:42 PM
#217404   FFGO is for entertainment purposes only :) 52wkhi 04/18/14 10:03:37 PM
#217403   It is and has ALWAYS been the state cardnut 04/18/14 08:00:01 PM
#217402   FACT: On September 30,2015 will mark a DECADE since layton 04/18/14 07:38:01 PM
#217401   FFGO - Shorty thinks that because he/she has SevenTenEleven 04/18/14 06:27:32 PM
#217400   FFGO - $0.003449 dividend PLUS 3% annual non-compounding interest. SevenTenEleven 04/18/14 06:15:54 PM
#217399   No, the only folks who told the truth cardnut 04/18/14 05:59:41 PM
#217398   Since when is telling the truth ( and puppydotcom 04/18/14 05:26:47 PM
#217396   OK WITH ME puppydotcom 04/18/14 05:18:59 PM
#217395   T.O.A.S.T..!!! BK's in the near future for cardnut 04/18/14 05:18:10 PM
#217394   LMAO... Shorty is toast! ctrumabll 04/18/14 05:13:49 PM
#217393   Lol.. No that may be a new precedent Militia Man 04/18/14 05:05:55 PM
#217391   Stuck Short FFGO must be brutal on the ctrumabll 04/18/14 05:04:15 PM
#217390   AS long as we have waited? I not Militia Man 04/18/14 04:58:23 PM
#217388   LMAO... Shorty is toast! cardnut 04/18/14 04:53:44 PM
#217387   I'd be hard-pressed to settle for $8.65/share...I guess SouthBreeze 04/18/14 04:47:25 PM
#217386   in the filings filed with the SEC and puppydotcom 04/18/14 04:09:10 PM
#217385   FFGO - All communicated with shareholders in Form puppydotcom 04/18/14 03:53:12 PM
#217384   Pretty much every share of this company sold cardnut 04/18/14 03:39:26 PM
#217383   FFGO - All communicated with shareholders in Form SevenTenEleven 04/18/14 03:31:55 PM
#217382   The filings have the documentation with regards to puppydotcom 04/18/14 03:23:52 PM
#217381   All I see are more wild unverifiable rumors puppydotcom 04/18/14 03:17:02 PM
#217380   FFGO - Sorry, but that is false and misleading! SevenTenEleven 04/18/14 03:10:48 PM
#217379   FFGO - Plus $4.60/share for punitive damages! SevenTenEleven 04/18/14 03:08:18 PM
#217378   Totally false & misleading !! T/A has puppydotcom 04/18/14 02:12:16 PM
#217377   and yet even more make believe, nope there Hunter6110 04/18/14 01:59:21 PM
#217376   and more make believe posted by NEVER right varmit Hunter6110 04/18/14 01:57:48 PM
#217375   once again you are wrong varmit, there are Hunter6110 04/18/14 01:56:53 PM
#217374   DIVVY UP TIME IS NEARTHERE ARE SOME THAT varmit 04/18/14 01:44:07 PM
#217373   BETTER COVER THE UP TO 300 BILLION NSS varmit 04/18/14 01:38:56 PM
#217372   MANY DONT REALIZE THE HUGE MINING PROPERTIES BEING varmit 04/18/14 01:37:01 PM
#217371   NMGL SILLY !!!! TRANSFER AGENT HAS PREFERRED AS varmit 04/18/14 01:30:51 PM
#217370   Is this why the constant negative activity 3years puppydotcom 04/18/14 01:09:54 PM
#217369   So what if NMGL files. FFGO share holders puppydotcom 04/18/14 01:00:21 PM
#217368   OVER 10,000 shareholders own over 300 billion shares varmit 04/18/14 12:28:11 PM
#217367   Never said shares are at Ffgo they are varmit 04/18/14 12:23:01 PM
#217366   does anyone actually know how many people own indebt2 04/18/14 12:04:00 PM
#217365   Sorry - FFGO is long gone - FFGO puppydotcom 04/18/14 10:15:16 AM
#217364   FFGO - Report those short, with the proof SevenTenEleven 04/18/14 08:46:57 AM
#217363   Report the FFGO scam. MakeMoney101 04/18/14 08:45:12 AM
PostSubject