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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

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
#219385   ffgo is for entertainment purposes only :) 52wkhi 04/16/15 11:25:20 PM
#219384   Shorty is not non sense in FFGO, rule Militia Man 04/16/15 10:09:24 PM
#219383   So..? Who hasn't been booted a couple times Militia Man 04/16/15 10:06:51 PM
#219382   LUMB was booted off iHub long ago... I Nitwit 04/16/15 10:03:05 PM
#219381   FFGO has an awesome return to be had, Militia Man 04/16/15 09:55:56 PM
#219380   More like there are people that suggest that Militia Man 04/16/15 09:33:59 PM
#219379   More like, people can't believe there are still Nitwit 04/16/15 09:20:49 PM
#219378   Wow fka FFGO is so freakin' awesome :-D Nitwit 04/16/15 09:18:50 PM
#219377   Waiting on the unkown timing of NMGL can't Militia Man 04/16/15 09:16:16 PM
#219375   aaakkk They won't sell and take the kazorchian 04/16/15 06:44:17 PM
#219374   no short, no bid, no good puppydotcom 04/16/15 06:29:03 PM
#219373   aaak! I'm short! I have to cover? NO! aaakkk! kazorchian 04/16/15 06:24:41 PM
#219372   ..when will they have to cover that short.. puppydotcom 04/16/15 06:21:25 PM
#219371   ahhhh the suspense hanging in the air....when will kazorchian 04/16/15 05:18:17 PM
#219370   hang on to those FFGO shares puppydotcom 04/16/15 05:14:31 PM
#219368   FFGO being promoted....lol yeah considering it is revoked kazorchian 04/16/15 04:23:17 PM
#219367   so MM, exactly how much money have you alien42 04/16/15 04:20:05 PM
#219366   FFGO STATS~ Militia Man 04/16/15 04:17:14 PM
#219365   Looking lively in FFGO again. alien42 04/16/15 04:16:41 PM
#219364  Restored Looking lively in FFGO again.. lol Sweet! Odd Militia Man 04/16/15 04:14:40 PM
#219363   Lest of course we are scammed from the alien42 04/16/15 04:10:30 PM
#219362   As I don't believe for a minute the alien42 04/16/15 04:08:27 PM
#219361   lol, more like mis-read and mis-interpreted data, but alien42 04/16/15 04:03:32 PM
#219360   FFGO ~ STATS Militia Man 04/16/15 03:58:02 PM
#219359   you keep referring to "shorty" yet none of alien42 04/16/15 03:54:25 PM
#219358   NMGL was set up specifically for to house Militia Man 04/16/15 03:46:33 PM
#219357   sorry MM, but the end was here years alien42 04/16/15 10:34:43 AM
#219356   Like I said.. NMGL is the key to Militia Man 04/16/15 10:19:14 AM
#219355   The fact is that it hasn't happened with Militia Man 04/16/15 10:14:46 AM
#219354   What is pathetic is that shorty still won't alien42 04/16/15 09:10:51 AM
#219353   Here is the facts. layton 04/16/15 08:42:40 AM
#219352   ffgo is for entertainment purposes only :) 52wkhi 04/16/15 12:23:33 AM
#219351   For those that don't need to focus, NMGL Militia Man 04/16/15 12:15:59 AM
#219350   Oops, I forgot the 2008 FFGO divi that underdog150 04/15/15 06:40:02 PM
#219349   What is so hard to understand is why underdog150 04/15/15 05:16:37 PM
#219348   Yes, why is that so hard to understand? Lol layton 04/15/15 09:25:14 AM
#219347   NMGL as the broker for FFGO alien42 04/14/15 02:24:18 PM
#219346   Here is a link: Keep in mind NMGL Militia Man 04/14/15 01:58:20 PM
#219345   cannot sell revoked by sec entities privately unless puppydotcom 04/13/15 11:20:55 PM
#219344   If insiders were part of this, you won't 1manband 04/13/15 11:12:26 PM
#219343   They don't want the stock. The stock is 1manband 04/13/15 11:11:21 PM
#219342   cannot sell revoked by sec entities privately unless ok husband 04/13/15 10:56:32 PM
#219341   If insiders were part of this, you won't underdog150 04/13/15 07:42:45 PM
#219339   Is Lumb getting pissed because the sister scams underdog150 04/13/15 07:11:54 PM
#219338   100% Scam ... never send any money to puppydotcom 04/13/15 06:30:46 PM
#219337   No we don't FFGO is not the scam, Militia Man 04/13/15 05:28:28 PM
#219336   That is a classic "recovery room" scam. 1manband 04/13/15 05:21:08 PM
#219335   Wait a minute!!! We agree on something???? And Anvil 04/13/15 05:17:57 PM
#219334   It is a scam and report it immediately, Militia Man 04/13/15 05:02:13 PM
#219333   Scam, looks like they want you send them Anvil 04/13/15 04:54:06 PM
PostSubject