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Sunday, 12/06/2009 7:17:53 PM

Sunday, December 06, 2009 7:17:53 PM

Post# of 221863
FFGO EMAIL TO SHAREHOLDERS 12/06/09

Good Evening FFGOrs!

From: "Investor Relations - Fortress Financial Group, Inc." <investor@fortfinancegroup.com>Add to Contacts
To: Viv <@yahoo.com>
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FORTRESS FINANCIAL GROUP, INC. (FFGO.PK) (“Fortress”)

Dear Valued Stockholder,

We have your details on our database as a stockholder of Fortress Financial Group, Inc. and through E Mails sent by yourself to Fortress. Fortress is a Company quoted on the OTC Pink Sheets Market under the Trading Symbol : FFGO.PK.

This weekly update to our stockholders (for the week ended Sunday December 6, 2009) includes your Management’s comments on issues raised by our stockholders and includes Press Releases from this week; should you have missed them or not be following your Company on www.twitter.com.

Our weekly Stock Trading Summary:

Week Closing Price: US$0.0003

Week Closing Bid: US$0.0002

Week Closing Ask: US$0.0003

Week High: US$0.0005

Week Low: US$0.0002

Week Stock Volume: 3,633,562,542

Issues raised by our Stockholders:

1. AUTHORIZED AND OUTSTANDING SHARES OF YOUR COMPANY’S COMMON STOCK:

Yes, the ridiculous Authorized Shares of Common Stock in the amount of 5 Trillion shares must be addressed as we have stated in our recent Form 8-K Filing. It is a long standing issue and was never intended, it was simply a mistake that was never corrected by our Attorneys.

We need to file amended Articles of Association with the Secretary of State in Wyoming to have this reduced a more sensible number as previously stated.

Have we issued any, or are we planning to issue any, additional shares of your Company’s Common Stock? The answer, is NO.

Are the number of your Company’s outstanding shares of Common Stock as detailed in our recent Form 8-K Filing unchanged? The answer, is YES.

2. THE SITUATION IN RESPECT OF BOTH BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC. WITH THE SECRETARY OF STATE IN WYOMING:

Both Bouse Gold, Inc. and South Copperstone, Inc. require reinstatement with the Secretary of State in Wyoming (as detailed in our recent Form 8-K Filing).

Does the state of these Companies at this time affect the ongoing negotiations to dispose of your Company’s interests in both the “Bouse” and the “South Copperstone” Gold Properties? The answer, is ABSOLUTELY NOT.

3. WILL YOUR COMPANY PUBLISH UPDATED DETAILED REPORTS ON THE “BOUSE” AND “SOUTH COPPERSTONE” GOLD PROPERTIES:

The answer is NO. We are at time engaged in very sensitive negotiations to dispose of your Company’s interests in both of these Gold Properties and the public release of sensitive confidential information of type will in all likelihood, prejudice this process.

This sensitive and detailed data and information is only provided to qualified, prescreened and interested parties with whom your Company is negotiating (or with whom we are prepared to negotiate); this sale process.

We remind our stockholders that we have Partners in both of these Gold Properties and we are obliged to take their wishes into account, if we are all to achieve a swift and mutually beneficial sale of these two Gold Properties.

4. WILL THE DECLINE IN THE GOLD PRICE ON FRIDAY DECEMBER 4, 2009 AFFECT THE ANNOUNCED MINIMUM PRICING OF THE SALE OF THE COMPANY’S GOLD INTERESTS:

Absolutely not. Your Company views this temporary decline in the price of Gold on Friday December 4, 2009 as a healthy and a normal market correction. We see a Gold price of US$1,100/oz as completely acceptable.

The decline in Gold to a price of US$1,169.50/oz is not material and has no effect whatsoever upon the pricing in respect of your Company’s negotiations to dispose of its interests in the two Gold Properties.

The price of Gold reached a NEW ALL TIME RECORD HIGH this week of US$1,226.50/oz.

Your Company’s Management restates its comments on the price of Gold:

However, Gold, as a commodity, is extremely volatile and could very easily retrace in pricing over the short term or it could conversely continue to rise, this being very much dependent upon the continued decline in the US Dollar and upon increased Central Bank purchases of Gold Bullion.

Whilst the demand and the outlook for Gold Jewelry remains weak, the ever increasing popularity of investing in the Gold ETF’s (Exchange Traded Funds) which purchase physical Gold; coupled with a predicted decline in Gold production in the coming years and with Gold now being seen as “The Ultimate Safe Haven Asset Class” in these troubling and uncertain economic times; could well result in the continued upward trend in the price of Gold, in the short term.

The price of Gold will continue to be tied primarily to the prevailing strength or weakness of the US Dollar against other major global currencies.

Your Company’s Management takes the view that a price of US$1,100/oz for Gold is sustainable over the medium to long term with the price of Gold consolidating at a price of US$1,200/oz in 2010.

In short, the higher the price of Gold, the greater the price that your Company’s Management will be able to secure in respect of the sale of your Company’s interests in the two Gold properties.

CAUTIONARY NOTE: The comments on the price of Gold are the solely the views of your Company’s Management and its Advisors and should not, under any circumstances, be viewed as accurate; nor should they be acted upon. Any trading in Gold, Gold Derivatives or in Gold Exchange Funds should not be undertaken without expert advice.

5. YOUR COMPANY’S MANAGEMENT’S VIEWS ON RECENT POSTINGS ON INTERNET STOCK CHAT FORUMS:

Yes, we are dismayed and saddened by these unprovoked and malicious attacks against your Company by certain “posters” on popular Internet Stock Chat Forums. We share the anger expressed by our stockholders in their many E Mails to us. Yes, we are under pressure to act; primarily from extremely influential stockholders and Loan Note Holders in your Company. The vicious and incredibly personal attacks on certain persons whom are both extremely influential and important to your Company; is naturally very distressing to them and is not helpful in our maintaining cordial and open relationships with these Individuals. They may choose to take appropriate action in their own capacities; a position that will not be supported by your Company.

Fortress Financial Group, Inc. upon some reflection, has decided to maintain its stated position (which I will paste below) on these Internet Stock Chat Forums.

Your Company, its Management and its Advisors have for a long period of time been subjected to attacks on the popular internet stock chat forums. We, like all other Public Company representatives have resented and rebelled against these attacks, particularly if untrue or extremely personal in nature. However, your Company’s Management has realized that these internet stock chat forums serve a valuable purpose in the facilitation of the exchange of information; and of free and frank discussions between Company stockholders and others interested in a Company’s stock.

No longer will your Company’s Management view these Internet Stock Chat Forums with disgust and horror. Our policy, going forward, will be one of, “no comment”, to those who contact ourselves begging that we do something to prevent these attacks upon their Company. Whilst we have enormous sympathy for our stockholders as they watch their investment in their Company being damaged by various members of these Internet Stock Chat Forums, we as your Company’s Management, will be responsible for delivering upon our promises thus negating these attacks upon your Company.

We wish to remind our stockholders that there are many supporters of your Company, who loyally express their support and share their information, often the results of extensive due diligence; for your Company on these Internet Stock Chat Forums.

We must remember that one of the United States of America’s most cherished and enshrined Constitutional rights, is that of Free Speech, guaranteed by the First Amendment.

PRESS RELEASE – PUBLISHED DECEMBER 4, 2009

FORTRESS FINANCIAL GROUP, INC. – STATEMENT

NEW YORK, NY, December 4, 2009: Fortress Financial Group, Inc. (PINKSHEETS: FFGO.PK) today said that, in response to numerous inquiries and market speculation that may be related to the imminent sale of the company or an imminent deal in respect of the sale of the Company’s Gold Interests, in keeping with its policy, the Company will not comment on matters of this type.

The Company issued two Announcements; those dated November 23, 2009 and December 1, 2009. The Company’s Management remains committed to the contents of those two Announcements and to the extraction of the maximum value of the Company’s Gold assets for the benefit of its stockholders. Fortress Financial Group, Inc. holds an interest in two Gold Properties, namely “Bouse” and “South Copperstone”. Company’s Management is at this time, pursuing a sale of the Company’s interests in these two Gold Properties with a view to the distribution of these sale proceeds to its stockholders.

The Company will report promptly on any material developments on Form 8-K or by press release. This is the right thing to do in the interests of our stockholders and as required legally of a public company. The Company will not comment on market rumors or trading in its stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually," "projected" or “guidelines.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including the risk that the Company may not be able to sell its interests in its Gold Properties for an acceptable price or any price, the risk that the price of gold may decline, and other risks identified in filings made by such company with the SEC.

PRESS RELEASE – PUBLISHED DECEMBER 1, 2009

FORTRESS FINANCIAL GROUP, INC. – UPDATE REGARDING SALE OF COMPANY’S GOLD MINING ASSETS AND A POSSIBLE BID FOR THE COMPANY

Company is in advanced negotiations to sell its highly valuable Gold Properties and is also considering an offer which could result in the outright acquisition of the Company

NEW YORK, NY, December 1, 2009: Fortress Financial Group, Inc. (PINKSHEETS: FFGO.PK) confirmed in an announcement dated November 23, 2009 that it was in advanced discussions, which if successful, will result in the disposal of its entire remaining interests in its two Gold Properties, those being the “Bouse” and “South Copperstone” Gold Properties; or the possibility of the outright acquisition of your Company by a third party.

In that same announcement, Stockholders were cautioned that the value placed on their Company’s interests in these two Gold Properties was very material and that stockholders should only rely upon the facts and valuations that are published by your Company’s Management; particularly in respect of the impact upon the value per share of your Company’s Common Stock.

Company Management is now giving a price per share guideline of our Common Stock based upon:

- The unprecedented number of requests for information regarding the possible valuation of the Company’s interests in these two Gold Properties; and

- The Record Highs being set in the price of Gold, thereby making your company worth considerably more than what was originally discussed with interested parties; and

- The enormous trading volumes and pricing volatility in the Company’s shares of Common Stock in the past ten days; and

- Management’s view as to the minimum acceptable price for its Gold Properties.

Fortress Management is now prepared to state that a successful sale of the Company’s interests in the two Gold Properties, after the settlement of outstanding Loan Notes due by the Company in the amount of US$5 million, would not be an amount of less than US$0.003 (three tenths of a cent) per share for our stock. This calculation is predicated upon the current number of outstanding shares of our stock. Your Company successfully repurchased and cancelled approximately 50% of its outstanding shares in and during 2009, resulting in this greatly reduced number of outstanding shares of Common Stock, as well as the significantly increased value of these shares of our Common Stock.

Fortress shares of Common Stock closed at a price of US$0.0002 (two hundredths of a cent) per share on Monday November 30, 2009. The pricing guideline of US$0.003 per share provided by Management clearly reflects the effect of today’s Gold price (the Gold price having traded at a new All Time Record High this morning, at US$1,199.20/oz) upon your Company’s assets and that our shares of Common Stock are clearly extremely undervalued at this time.

Our team of Mining and Business Professionals have deliberated at length, and have decided that we are able to state the following: “We are not prepared, under any circumstances, to entertain, nor to discuss any Offer for your Company’s interests in these two Gold Properties for an amount of less than the above-mentioned price per share of your Company’s Common Stock. We have made this quite clear to all interested parties, and we expect that a satisfactory resolution is attainable, in short order.”

Your management wishes to stress “That is not to say that we believe that your Company’s interests in these two Gold Properties are not worth more than the above-mentioned price per share of Common Stock. We are very aware of the historical valuations and the Geological Reports that are publicly available in respect of these two Gold Properties; and which were prepared at substantially lower Gold prices than Gold’s current trading price of nearly US$1,200/oz.” While we certainly would like to realize our true asset value in regard to these two properties, and while we are eager to sign the contracts of sale in regards thereto, we will not sell these assets for anything less than their real-time present value.

Fortress' Management is obliged to inform our valued stockholders that the Company’s interests in these two Gold Properties are not worth an amount of US$700 million, a valuation which certain of our stockholders appear to embrace at this time. Such off-the-cuff valuations for our share of these two Gold Properties, while pleasant to think about, is not based in reality.

We are not in a position to provide any further details at this point in time due to the sensitivity of ongoing negotiations, and we wish to ensure that your Company’s Management achieves the best possible price for its stockholders in respect of its sale of the Company’s interests in these two Gold Properties, or in the alternative, in the sale of the company in its' entirety. OF COURSE, ANY SALE WILL BE SUBJECT TO SUCCESSFUL CLOSING, AND NO ASSURANCE CAN BE GIVEN THAT THE GOLD PROPERTIES WILL BE SOLD AT THIS, OR ANY OTHER, PRICE PER SHARE.

Your Company's Management states for the record: “The proceeds received by your Company upon a successful sale of its interests in the two Gold Properties, or of the Company itself, will not be retained by your Company but paid to our stockholders as a Single Liquidation Dividend. This is however, subject to the nature of the deal consummated by your Company in respect of the sale of these two Gold Properties”.

Since our significant stockholder partners in these holdings have indicated a strong interest in participating in a sale of “Bouse” and “South Copperstone” Gold Properties, we do not expect or anticipate that the final negotiations to this sale will be a long protracted event.

In regards to questions about the possibility of a full bid to purchase your Company, Management can only say that this does remain a possibility, but we legally cannot comment any further at this juncture, due to ongoing negotiations.

We urge our stockholders to remain vigilant, while we finalize the examination of the opportunities laid out before us. Rest assured that we intend to exact a fitting price for our holdings.


This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually," "projected" or “guidelines.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including the risk that the Company may not be able to sell its interests in its Gold Properties for an acceptable price or any price, the risk that the price of gold may decline, and other risks identified in filings made by such company with the SEC.

PRESS RELEASE – PUBLISHED NOVEMBER 23, 2009

FORTRESS FINANCIAL GROUP, INC. – DISPOSAL OF ALL COMPANY’S GOLD MINING ASSETS AND POSSIBLE BID FOR THE COMPANY

Company confirms it is in Final Negotiations to sell all of its Gold Assets and is considering an offer which could result in a Full Bid to purchase the Company

NEW YORK, NY, November 23, 2009: Fortress Financial Group, Inc. (PINKSHEETS: FFGO.PK) confirms that it is now in extremely advanced discussions, which if successful could lead to either the disposal of its entire remaining interests in its two Gold Properties, those being the “Bouse” and “South Copperstone” Gold Properties; or the outright acquisition of your Company by a third party in order to obtain your Company’s interests in these two Gold Properties.

The Company is not in a position to comment on the pricing of these transactions at this point. In your Company Management’s opinion, they may be in a position to release further details to their stockholders, very shortly.

Stockholders are cautioned that the value placed on your Company’s interests in these two Gold Properties is extremely material and that stockholders should rely only upon facts and valuations that are published by your Company’s Management in respect of the impact upon the value per share of your Company’s Common Stock. The Company cannot and will not comment on any wild rumors and unfounded speculation in respect of the value of your Company’s interests in these two Gold Properties.

There has been no interest in the stock of this company for a protracted period of time, but not without good cause. We have deliberated several business propositions, and are currently still in process. Out of necessity, we have remained silent for this period.

Your Company’s Management confirms that it is their intention to dispose of your Company’s interests in these two Gold Properties given the huge demand for quality Gold Assets, the unprecedented price of Gold at this time and the inability of your Company’s Management to develop these Gold Properties without your Company having the controlling interest in these two Gold Properties. It is the sole intention of your Company’s Management to maximize stockholder value at this time, and to return the proceeds to our stockholders, subject however upon the successful disposal of the Company's Gold interests.

In respect of the possibility of a full bid to purchase of your Company, your Company’s Management can only say that it is a possibility at this time and cannot comment any further at this time, due to ongoing negotiations.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

WE HAVE RECENTLY JOINED “TWITTER” TO AID US IN EFFECTIVELY COMMUNICATING WITH OUR STOCKHOLDERS!

TO VIEW AND RECEIVE OUR “TWEETS”, SIGN UP AND JOIN US AT WWW.TWITTER.COM AND FOLLOW US. OUR PROFILE IS: http://twitter.com/FFGO

Please direct respectful enquiries to: investor@fortfinancegroup.com

This E Mail contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC. The Company does not recommend that you construe the contents of this E Mail as recommendation from Fortress Financial Group, Inc. to either buy, hold or to sell your shares of Fortress Financial Group Common Stock. Any investment decision made by yourselves in respect of Fortress Financial Group, Inc. should be made solely upon filings made by Fortress Financial Group, Inc. with the SEC and through information issued by Fortress Financial Group, Inc. on official Press Releases and through consultation with your Broker and/or Investment Advisors


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