8/27/10 FFGO EMAIL UPDATE to Shareholders:
(Well...I was right!! The Company gave us an update when they were ready, and there is MORE to come!)
Fortress Financial Group, Inc. - Shareholder Update August 27, 2010
Dear Stockholder;
Fortress Financial Group, Inc. is pleased to inform our shareholders that the sale transaction of the Company's gold interests in Bouse and South Copperstone which was set to finalize by no later than August 31 is on schedule and will complete by the announced date.
The Company is aware that some shareholder's have expressed concern that the update of the Company's question and answer page on the website has not yet been issued. We would like to take this opportunity to further inform our shareholders that the Company is working on a final update to be completed in the very near future. As we approach the conclusion of the Company's activities, all of which have been aimed at obtaining the best value for shareholders for their investment, much of the Company's attention has been focused on the myriad details which have to be taken into consideration to effect an orderly and proper exit for our shareholders.
The Company is further aware of some very specious deliberations which have been propagated through chat rooms regarding the possibility that there have been no such efforts and there is no such exit forthcoming. At this time we would like to set the record straight by saying that such undue speculation is completely false and we would advise shareholders to ignore those who propagate unfounded nonsense. Quite simply, there is nothing more important to this Company than the successful conclusion of a highly profitable result from what has been a very difficult and time consuming labor to meet all the necessary requirements to effect this result. Furthermore, the Company and its majority shareholders have as much interest in obtaining this result as the smallest shareholder does. To imply that something else is the case is simply untruthful and misinformed.
Finally, we would advise our shareholders that the purchaser has kindly agreed to facilitate our request to address the needs of our shareholders to understand this complex transaction and the process whereby they can expect to be remunerated for their investment. Though the purchaser is under no obligation to release any information, particularly in respect of the fact that they have as yet made no public announcements and are still in the formative stages of what will undoubtedly be a long and dynamic growth period, they have graciously consented to allow Fortress to address some of the questions that shareholders are asking which will require some insight into the purchaser's intentions. Beyond that, Fortress Financial Group Inc. would advise our shareholders that, once the transaction is concluded, the purchaser will be issuing filings and press releases to inform the public of their developments. Since the purchaser is being structured to become an institutional investment company there will be no public investor relations messages issued by the purchaser. Through the coming month of September, Fortress Financial Group Inc. will continue to issue shareholder advisories and the IR firm will continue to address the shareholders. The Company anticipates that all Fortress Financial Group Inc. corporate activities will cease after that time.
Sincerely yours;
Peter J. Bezzano
CHAIRMAN
Sincerely,
Fortress Financial Group Inc.
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