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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

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50524100
 
5/10/10: / CORRECTION - Further Reduction of Long Term Debt
http://finance.yahoo.com/news/CORRECTION-Fortress-iw-20335787.html?x=0&.v=1

5/10/10: FURTHER REDUCTION OF LONG TERM DEBT

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49984887
 
 
5/5/10: Highlights Progress Toward Sale
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3205760210.html?x=0&.v=1 
 
4/26/10: SUBSTANTIAL REDUCTION OF LONGTERM DEBT
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49443393
 

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

4/23/10: - INCREASE IN VALUE OF COMPANY'S GOLD HOLDINGS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49354135
 
4/23/10: 8Ks
 
REINSTATEMENT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7199517
 
REORGANIZATION AND EXPANSION OF THE "SOUTH COPPERSTONE" GOLD EXPLORATION PROPERTIES
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=719950

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

Company Remains Confident of the Imminent Closure of the Sale of Its Gold Interests
 
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3721825650.html?x=0&.v=1
 
3/18/10: APPOINTMENT
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-1929019379.html?x=0&.v=1
 
3/18/10: COMPANY TO COMPLETE ON THE SALE OF ITS GOLD ASSETS
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3719039791.html?x=0&.v=1
 
3/16/10: Fortress Financial Group, Inc. - COMPANY'S DEADLINE REMAINS IN PLACE
Company's "Put Up or Shut Up" on the Existing Bidder Remains in Place at This Time
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-2020770951.html?x=0&.v=1
 
3/5/10: Fortress Financial Group, Inc. - Statement
COMPANY QUASHES FALSE RUMOURS OF A REVERSE SPLIT OF ITS COMMON STOCK
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3122471169.html?x=0&.v=1
 
3/4/10 - 8-K FILING
ISSUE OF RESTRICTED SHARES OF COMMON STOCK IN PARTIAL SETTLEMENT OF AN OUTSTANDING LOAN NOTE
http://biz.yahoo.com/e/100304/ffgo.pk8-k.html
 
3/3/10: COMPANY TO NOW COMPLETE UPON THE SALE OF ITS GOLD INTERESTS - HIGH GOLD PRICE OPENS UP BID PROCESS
http://finance.yahoo.com/news/Fortress-Financial-Group-Inc-iw-3784422694.html?x=0&.v=1
 
2/17/10 - 8-K FILING
EXTENSION GRANTED TO THE COMPANY IN THE SETTLEMENT OF THE OUTSTANDING LOAN NOTES
http://msnmoney.brand.edgar-online.com/DisplayFilingInfo.aspx?TabIndex=2&FilingID=7061234&type=html&companyid=3482&ppu=%2fDefault.aspx%3fticker%3dffgo
 
2/5/10: Fortress Financial Group (FFGO) Shareholders Should Consider Exchanging Their Certificates with Quicksilver Stock Transfer
http://www.marketwatch.com/story/fortress-financial-group-ffgo-shareholders-should-consider-exchanging-their-certificates-with-quicksilver-stock-transfer-2010-02-05?siteid=nbsh
 
2/2/10 - 8-K FILING
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6729592
 
1/5/10: FURTHER UPDATE ON SALE OF COMPANY'S GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45116006
 
12/21/09: UPDATE ON SALE OF COMPANY'S GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44717626
 
12/16/09: UPDATE ON OFFER TO ACQUIRE COMPANY'S GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44603503
 
12/9/09: CONFIRMED OFFER TO ACQUIRE COMPANY'S GOLD INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44367680
 
12/6/09: ADDITIONAL REPONSE TO SHAREHOLDERS INQUIRIES
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44240905
 
12/4/09: FFGO RESPONSE TO SHAREHOLDER INQUIRIES
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44219200
 
12/4/09: FORTRESS FINANCIAL GROUP - STATEMENT
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44182643
 
12/1/09: UPDATE ON GOLD MINING INTERESTS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44049676
 
11/29/09: POSITIVE POINTS ON FFGO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43998200
 
11/29/09: DETAILED EMAIL TO SHAREHOLDERS
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43997494


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

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PostSubject
#220452   Alanc is one of the person how can emailcheque 12/05/17 04:33:40 PM
#220451   Just stoppin by to see if this scam aceshigh2 12/05/17 12:03:02 PM
#220450   Haha that's all pre urban Meyer buddy. PNKBULLSHT 12/04/17 07:29:26 PM
#220449   Agreed...unfortunately... Maniek 12/04/17 07:18:05 PM
#220448   Yeah like in past Rose Bowl games when uscfan54 12/04/17 07:17:17 PM
#220447   that's because it's all a big lie, just alien42 12/04/17 04:59:00 PM
#220446   Why is anybody even here posting?? lol hammer01 12/04/17 04:46:50 PM
#220445   Agreed! AKFish 12/04/17 03:32:26 PM
#220444   Not happening....osu going to show those Cali beach PNKBULLSHT 12/04/17 01:00:33 PM
#220443   Sunnybank, yes i would love to see USC uscfan54 12/04/17 12:14:05 PM
#220442   Alien, It is fake news. My question is uscfan54 12/04/17 12:12:10 PM
#220441   Who cares? I just want the Trojans Sunnybank 12/04/17 09:39:09 AM
#220440   the 3400% dividend truly is "fake news" alien42 12/03/17 09:09:44 PM
#220439   Layton, Havent you heard, FFGO will be uscfan54 12/03/17 07:23:10 PM
#220438   LOL....or Fortress Financial Group, Inc., (“FFGO”) (CIK No. 802206) layton 12/02/17 08:53:02 PM
#220437   Let's try this again TomSawyer. I will OldBen 12/02/17 04:00:02 PM
#220436   It was deemed as a worthless security and OldBen 12/02/17 03:41:57 PM
#220435   Lumb, just a knucklehed, Winnick started the thing, Wayne R 12/02/17 01:33:56 PM
#220434   Because the company died years ago and closed TomSawyer 12/01/17 11:12:42 PM
#220433   what do you mean removed...Is there a ffgo odega 12/01/17 09:47:53 PM
#220432   Because they are liable for them. Go FFGO!!! AlanC 12/01/17 06:49:54 PM
#220431   Scottrade Removal OldBen 12/01/17 05:55:27 PM
#220430   the laddy thinks hes a poet kazorchian 11/30/17 12:19:18 PM
#220429   Nice.....I’m not sure what kind of doctor could help..... Maniek 11/30/17 09:33:44 AM
#220428   I cannot wait ffgo to speak about you Otcstockrevolution 11/30/17 01:26:38 AM
#220427   My love. Oh ffgo my great amazing Otcstockrevolution 11/30/17 12:40:57 AM
#220426   Hard to believe FFGO went dark over 12 layton 11/23/17 09:01:50 AM
#220425   Has any one found the ffgo ticker yet...I odega 11/13/17 09:31:17 PM
#220424   Anvil, havent you heard, the management team is uscfan54 11/13/17 12:14:24 PM
#220423   But... But... What about the ENSSFM? ctrumabll 11/13/17 08:04:14 AM
#220422   Sadly, it was mostly all the same investors underdog150 11/12/17 04:02:19 PM
#220421   don't forget GNCP, the crooks behind FFGO stole alien42 11/12/17 01:00:25 PM
#220420   The truth is: FFGO was just another Lumb/Lowenthal ctrumabll 11/12/17 11:40:56 AM
#220419   Has anyone contacted FFGO management???? Lmao Anvil 11/11/17 11:39:40 AM
#220418   FFGO was a typical share printing pump and alien42 11/11/17 11:30:53 AM
#220417   Even after ten years, TRUTH will TRIAMPH!!!! Dhoraji 11/11/17 10:13:43 AM
#220416   i feel like we've had this conversation before, alien42 11/11/17 09:53:19 AM
#220415   How do you know? FFGO not dead or Dhoraji 11/11/17 09:11:20 AM
#220414   big problem with that nonsense, there are no proceeds. alien42 11/10/17 09:11:47 PM
#220413   FFGO - No doubt a broker and market SevenTenEleven 11/10/17 07:43:55 PM
#220412   Thank you Alien. Every once in a while uscfan54 11/10/17 05:29:05 PM
#220411   Suspended for 6 years on Dec 7, 2017. Tgarfield2 11/10/17 12:02:55 PM
#220410   Hi just read good article my concern is odega 11/10/17 11:54:50 AM
#220409   I don't have time to do much research odega 11/10/17 11:39:24 AM
#220408   Icant find a tikker for fortress group on odega 11/10/17 11:33:35 AM
#220407   No, I am not privy to any third AlanC 11/10/17 09:33:27 AM
#220406   Keep us informer I will wait a month odega 11/09/17 09:57:39 PM
#220405   Thanks for this i'm going tp print it odega 11/09/17 09:53:47 PM
#220404   FFGO LATEST NEWS layton 11/09/17 08:51:17 PM
#220403   I have Etrade. I have every share PNKBULLSHT 11/09/17 05:58:09 PM
PostSubject