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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
#217553  Sticky Note MY VISIT TO (THE MISSING) FFGO/NMGL "SOUTH COPPERSTONE" TomSawyer 05/25/14 01:23:53 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
#218311   HAY HAY VERYONE ????????.... BUCK A SHARE CLUB IS varmit 09/30/14 01:24:01 AM
#218310   Working on it.. lol Militia Man 09/29/14 12:20:47 AM
#218309   Next Week(s)! soon, close, any day now, around puppydotcom 09/28/14 10:58:01 PM
#218308   AlanC: Will you come up with a date certain ctrumabll 09/28/14 12:14:42 PM
#218307   LOL, most are still waiting for the 2005 underdog150 09/27/14 02:54:50 PM
#218306   Yes there were three issued. Plain simple fact Militia Man 09/27/14 12:47:39 PM
#218305   Me too. Lol be sweet to see NMGL Militia Man 09/27/14 12:44:43 PM
#218304   Can't wait! I keeping my eye on the headcounselor 09/27/14 12:34:24 PM
#218303   Maybe, the FFGO/HGLC/NMGL/RENS/GNCC buck a share club needs puppydotcom 09/26/14 01:03:28 PM
#218302   I HOPE YOU HAVE JOINED THE VARMIT BUCK ctrumabll 09/26/14 12:37:59 AM
#218301   Sorry SevenTenEleven... just replied to the wrong person... Nitwit 09/25/14 10:24:28 PM
#218300   FFGO was Revoked... get shorty... Nitwit 09/25/14 10:16:04 PM
#218299   only 3 ways this played out puppydotcom 09/25/14 12:55:46 PM
#218298   Yup, still plenty of NSS & fantasy divvy puppydotcom 09/25/14 12:52:11 PM
#218297   This is still being discussed?! LMFAO!!!!!!!!! Its been years! ctrumabll 09/25/14 09:22:29 AM
#218296   There are 3 ways FFGO can be payed ctrumabll 09/24/14 11:32:11 PM
#218295   This is still being discussed?! LMFAO!!!!!!!!! Its been years! Atown62 09/24/14 10:26:01 PM
#218294   Make that nearly 3B shares @ $8.65/share ;) JammingJAY 09/24/14 06:29:12 PM
#218293   Varmit..ya gotta be chittin' me...lol rickdrury 09/24/14 12:07:01 AM
#218292   FFGO is for entertainment purposes only :) 52wkhi 09/23/14 11:27:02 PM
#218291   What happened to the other 77 billion shares underdog150 09/23/14 04:29:53 PM
#218290   WE WANT RESTITUTION AND OUR SHARES ARE FOR ctrumabll 09/23/14 11:14:34 AM
#218289   Sorry, no such thing as a FFGO divvy puppydotcom 09/23/14 10:29:34 AM
#218288   FFGO - Make that nearly 3B shares @ SevenTenEleven 09/23/14 07:59:35 AM
#218287   MR 7/10/11 and warm n fuzzy VARMY ARE varmit 09/23/14 03:06:05 AM
#218286   FYI yes that's a billion 223 million shares varmit 09/23/14 02:58:35 AM
#218285   HOWDY FFGO :) NMGL divvy near !! My varmit 09/23/14 02:55:20 AM
#218284   Years before the revoking I said NSS believers puppydotcom 09/20/14 06:22:54 PM
#218283   They do.. A lot going on.. Militia Man 09/20/14 11:41:49 AM
#218282   AlanC, If the shorts are as high as ctrumabll 09/20/14 09:51:32 AM
#218281   Hail yeah were rich! You havent goten yur headcounselor 09/19/14 08:34:01 PM
#218280   Ready and waiting! $FFGO Sunnybank 09/19/14 08:32:14 PM
#218279   Looks like the sister has her 100% short Militia Man 09/19/14 07:19:37 PM
#218278   All there is to do now is wait. puppydotcom 09/19/14 09:33:09 AM
#218277   Are we all RICH yet?????????? ken754 09/19/14 06:29:14 AM
#218276   Going to be the straw that broke shorty's back! JammingJAY 09/19/14 12:33:58 AM
#218275   FFGO is for entertainment purposes only :) 52wkhi 09/18/14 11:10:22 PM
#218274   FFGP has nothing to do with any FFGO puppydotcom 09/18/14 03:18:56 PM
#218273   lol.. sorry FFGO is long gone .. no puppydotcom 09/18/14 03:14:37 PM
#218272   Not made up :./. spiritthing 09/18/14 01:52:04 PM
#218271   Keep praying for that! lol Go FFGO!!! AlanC 09/18/14 01:40:17 PM
#218270   Who is FFGP? if you mean FFGO puppydotcom 09/18/14 01:31:06 PM
#218269   I know being stuck short in FFGO JammingJAY 09/18/14 12:55:09 AM
#218268   Oops I see a showing.. lol Stuck short JammingJAY 09/18/14 12:53:04 AM
#218267   FFGP - Going to be the straw that SevenTenEleven 09/18/14 12:25:33 AM
#218266   lol gonna be a big one!! kazorchian 09/18/14 12:12:02 AM
#218265   Still hunting.. Herd is close to FFGO.. :-) Militia Man 09/18/14 12:10:31 AM
#218264   Sleeping with the devil is an evil thing, Militia Man 09/18/14 12:09:37 AM
#218263   Hey how did the hunt go? kazorchian 09/18/14 12:08:41 AM
#218262   I know being stuck short in FFGO brings Militia Man 09/18/14 12:08:32 AM
PostSubject