I highlighted a part for ya may help shed some light, its at end in read.
Form 8-K for FORTRESS FINANCIAL GROUP, INC. / WY
23-Apr-2010
Other Events
ITEM 8.01 OTHER EVENTS
REINSTATEMENT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC.
Fortress Financial Group, Inc. ("The Company") reported in a Form 8-K Filing dated November 24, 2009 that on March 15, 2009, both Bouse Gold, Inc. and South Copperstone, Inc. had became delinquent with the Secretary of State in Wyoming due to nonpayment of State Taxes and were administratively dissolved. The Company has settled the outstanding State Taxes in respect of these Corporations; the Corporations have been reinstated and are now in good standing.
The Authorized Share Capital of both of these Corporations has been increased to an amount of 2,500,000,000 shares of Common Stock to facilitate the settlement of outstanding Stock Dividends dated November 12, 2005 and December 2, 2005.
STOCKHOLDERS IN BOUSE GOLD, INC.
Eligible Dividend Recipients as at November 7, 2005: (Note 2) 899,967,718 40.91 %
Searchlight Exploration, LLC: 219,997,800 9.99 %
Fortress Financial Group, Inc.*: 510,923,545 23.22 %
Other Stockholders: (Note 1) 569,110,937 25.88 %
TOTAL ISSUED: 2,200,000,000
NOTE 1: The Company transferred an amount of US$302,607,268 (Three hundred and
two million six hundred and seven thousand two hundred and sixty eight dollars) representing 519,497,456 (Five hundred and nineteen million four hundred and ninety seven thousand four hundred and fifty six) shares in the "Bouse" Gold Exploration Property to repurchase shares of the Company's Common Stock in June and in July 2008..
NOTE 2: Stockholders of the Company as at November 7, 2005 received an amount of
899,967,718 (Eight hundred and ninety nine million nine hundred and sixty seven thousand seven hundred and eighteen) shares in Bouse Mining Holdings plc as a Stock Dividend. These shares are being held "on book" for and on behalf of these stockholders. This represents an amount of 40.9% of the Issued Share Capital of Bouse Mining Holdings plc.
On February 1, 2008, the "Bouse" Gold Exploration properties and interests held in Bouse Mining Holdings plc were transferred into a new Corporation, incorporated in Wyoming, named "Bouse Gold, Inc.". It was considered more advantageous to hold these interests in a Corporation incorporated in the United States of America compared to them being held in Foreign Corporations. All stockholders are guaranteed 1 (one) share of Common Stock in Bouse Gold, Inc. for every 1 (one) Ordinary share held in Bouse Mining Holdings plc.
The Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the aforesaid "Record Dates" for these Dividend declarations.
*Fortress Financial Group, Inc. holds its interests in Bouse Gold, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc.
No additional shares of Bouse Gold, Inc. shares of Common Stock will be issued whatsoever.
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STOCKHOLDERS IN SOUTH COPPERSTONE, INC.
Eligible Dividend Recipients as at December 2, 2005: (NOTE 1) 899,581,199 40.89 %
Searchlight Exploration, LLC: 219,997,800 9.99 %
Fortress Financial Group, Inc.*: 1,030,421,001 46.84 %
Other Stockholders: 50,000,000 2.28 %
TOTAL ISSUED: 2,200,000,000
NOTE 1: Stockholders of the Company as at December 2, 2005 received an amount of
899,581,199 (Eight hundred and ninety nine million five hundred and eighty one thousand one hundred and ninety nine) shares in Copperstone Mining Holdings plc as a Stock Dividend. These shares are being held "on book" for and on behalf of these stockholders. This represented 40.9% of the Issued Share Capital of Copperstone Mining Holdings plc.
On February 1, 2008, the "South Copperstone" Gold Exploration properties and interests held in South Copperstone Mining Holdings plc were transferred into a new Corporation, incorporated in Wyoming, named "South Copperstone, Inc.". It was considered more advantageous to hold these interests in Corporations incorporated in the United States of America compared to them being held in a Foreign Corporation. All stockholders are guaranteed 1 (one) share of Common Stock in South Copperstone, Inc. for every 1 (one) Ordinary share held in South Copperstone Mining Holdings plc.
The Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the aforesaid "Record Dates" for these Dividend declarations.
*Fortress Financial Group, Inc. holds its interests in South Copperstone, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc.
No additional shares of South Copperstone, Inc. shares of Common Stock will be issued whatsoever.
EXTERNAL AUDIT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC.
The Company is now in a position to engage an external Auditor to complete a full Audit of both South Copperstone, Inc. and of Bouse Gold, Inc. This audit is required to be completed prior to the final completion of the sale of these two Corporations as the Purchaser is not in a position to acquire unaudited Corporations due its Reporting and Filing obligations to the SEC.
PENDING SALE OF BOUSE GOLD, INC.
The Company has announced that it is in the process of completing upon the sale of its 510,923,545 shares of Bouse Gold, Inc. Common Stock, representing 23.22% of the outstanding shares of Bouse Gold, Inc. Common Stock.
The Company has secured the irrevocable consent to dispose of their shares of Bouse Gold, Inc. in concert with the Company, representing an additional amount of 1,518,563,813 shares of Bouse Gold, Inc. Common Stock, representing an additional 69.03%[color=red][/color] of the outstanding shares of Bouse Gold, Inc. Common Stock.
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