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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
#218104   Who is management? headcounselor 08/28/14 10:30:04 PM
#218101   "Management told us when they declared the dividend TomSawyer 08/28/14 12:37:15 PM
#218099   Hi Vianna: Good to see your post. AlanC 08/28/14 08:03:13 AM
#218098   Almost two years later... puppydotcom 08/27/14 04:11:31 PM
#218097   DIVY IS STILL ON! ctrumabll 08/27/14 01:57:07 PM
#218096   From 7/20/10: ctrumabll 08/27/14 10:53:39 AM
#218095   I've been hearing that for years. indebt2 08/27/14 07:33:21 AM
#218094   Sure they have gold! They not only AlanC 08/26/14 07:50:07 AM
#218093   what did they do with the hglc stocks, emailcheque 08/26/14 07:46:04 AM
#218092   Hi Varmmmmie ok thanks for replies and thoughts uk peter1 08/25/14 07:42:21 PM
#218091   News in the Next few Week(s)!!!! ib12u 08/25/14 07:42:11 PM
#218090   Funny, I thought of that before I posted. underdog150 08/25/14 06:24:08 PM
#218089   I'm sorry - what was your address again? puppydotcom 08/25/14 06:16:00 PM
#218088   I have more gold sitting in my house, underdog150 08/25/14 05:29:41 PM
#218087   Fantasy Divvy coming - NEXT WEEK(S) puppydotcom 08/25/14 12:38:02 PM
#218086   I have all the gold info about this Hunter6110 08/25/14 12:03:23 PM
#218085   As I said let me know when that puppydotcom 08/25/14 10:28:24 AM
#218084   One reads shallow statements in FFGO, may see Militia Man 08/24/14 09:39:34 PM
#218083   Your point is what? Do explain.. Tia Militia Man 08/24/14 09:04:24 PM
#218082   Con men in the OTC are hard to layton 08/24/14 09:01:42 PM
#218081   All good points.. We all know FFGO is Militia Man 08/24/14 08:59:03 PM
#218080   PUP LOL NOW LETS MOVE ON OVER TO varmit 08/24/14 05:00:52 PM
#218079   ALWAYS CALL RONNIE LOWENTHAL !!!!! For any gold varmit 08/24/14 04:50:12 PM
#218078   Copperstone consists of one, 20 acre mining claim Dunphy777 08/24/14 03:44:10 PM
#218077   Who you gonna call! puppydotcom 08/24/14 03:27:51 PM
#218076   simple fact is there are no mines. Hunter6110 08/24/14 02:43:00 PM
#218075   why bother to call them, easy, there is Hunter6110 08/24/14 02:41:59 PM
#218074   and yet more make believe posted by varmit Hunter6110 08/24/14 02:41:02 PM
#218073   LOL.. give me a shout when the fantasy puppydotcom 08/24/14 02:05:50 PM
#218072   Properties are 4 sale currently Big miners are varmit 08/24/14 01:53:35 PM
#218071   Too funny.... When the mines sell for cash. Dunphy777 08/24/14 01:52:48 PM
#218070   Why call and bother them . They ain't varmit 08/24/14 01:50:35 PM
#218069   Shareholders have been given sound advice by many puppydotcom 08/24/14 11:07:27 AM
#218068   FFGO is for entertainment purposes only :) 52wkhi 08/23/14 11:03:30 PM
#218067   Hay Varmit, headcounselor 08/23/14 09:27:50 PM
#218066   YUP FFGO GONE AND DONE !!!!! Nmgl has varmit 08/23/14 02:19:59 PM
#218065   RIGHT EEEE OOOOO PETE EEEE I AM MAD varmit 08/23/14 02:10:23 PM
#218064   WELL PETE EEEEE !!! U r right I varmit 08/23/14 12:58:33 PM
#218063   Thanks for reposting. Lots in that post AlanC 08/23/14 10:28:47 AM
#218062   hi Varmit oh you must be either Mad uk peter1 08/23/14 04:37:29 AM
#218061   From September 21, 2011: ctrumabll 08/22/14 06:25:25 PM
#218060   Yep, many lost it all on FFGO's lies. underdog150 08/22/14 04:46:18 PM
#218059   Too bad - there is no such thing puppydotcom 08/22/14 12:07:00 PM
#218058   COME ON OVER TO NMGL AND VISIT OUR varmit 08/22/14 10:29:32 AM
#218057   Ridiculous , without a doubt puppydotcom 08/21/14 08:09:59 PM
#218056   Ridiculous that people still believe FFGO LUMB... and Nitwit 08/21/14 07:14:46 PM
#218055   FFGO was REVOKED long ago... ALAN C ... Nitwit 08/21/14 07:12:38 PM
#218054   Holy shit, this is my first time looking tykerules 08/21/14 12:54:05 PM
#218053   They are quivering now! With GNCP getting AlanC 08/21/14 12:36:22 PM
#218052   No buy back, no NSS, no fantasy divvy puppydotcom 08/21/14 09:58:55 AM
PostSubject