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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

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PostSubject
#220566   The Preferred A + B shares are REAL, ctrumabll 02/16/18 03:32:05 PM
#220565   Uh Gee or we run into your types! uscfan54 01/30/18 07:04:02 PM
#220564   Uh... gee... you think mayhaps we occasionally run Sunnybank 01/30/18 03:40:40 PM
#220563   Excellent post Underdog! uscfan54 01/30/18 01:45:31 PM
#220562   No need to click on a stupid conspiracy underdog150 01/29/18 09:17:03 AM
#220561   Uscfan54 and Underdog150 Do you really think that the Chas56789 01/28/18 04:52:47 PM
#220560   Total bullshit with zero proof to back it underdog150 01/27/18 06:01:51 PM
#220559   Which brokers are those? Years ago i contacted uscfan54 01/27/18 12:04:35 PM
#220558   I looked up TOS and found Toshiba and uscfan54 01/27/18 11:58:14 AM
#220557   Spot on! Looking forward to the day, AlanC 01/27/18 09:33:47 AM
#220556   Brokers took the other side of your trade. Chas56789 01/27/18 08:20:52 AM
#220555   Well said spiritthing 01/27/18 07:52:16 AM
#220554   FFGO - Really? TOS prevents posting facts. Good Luck! SevenTenEleven 01/27/18 07:18:25 AM
#220553   test oldepro ll 01/26/18 11:33:10 PM
#220552   Agreed. You cant short stocks that are in uscfan54 01/26/18 06:44:02 PM
#220551   Whatever happened to the supposed shorts "carrying costs" underdog150 01/26/18 12:15:34 PM
#220549   "shadow regulators" and "phantom air shares" are a alien42 01/26/18 11:25:52 AM
#220548   No, there are no proceedings here. What proceedings uscfan54 01/26/18 10:35:36 AM
#220547   Or you are fishing for a spin topic spiritthing 01/26/18 07:37:22 AM
#220546   I did that and there was nothing! The uscfan54 01/25/18 10:03:17 PM
#220545   FFGO - All one has to do is SevenTenEleven 01/25/18 07:57:59 PM
#220543   How am i being a dick? I am uscfan54 01/25/18 03:29:00 PM
#220541   If the answer is known then why dont uscfan54 01/25/18 03:22:17 PM
#220540   FFGO - The answer is known. No need SevenTenEleven 01/25/18 02:55:57 PM
#220539   Could not agree more! uscfan54 01/25/18 12:10:08 PM
#220538   That is not an answer to my questions! uscfan54 01/25/18 12:08:57 PM
#220537   The "shadow regulators" exist in the same world ctrumabll 01/25/18 10:12:27 AM
#220536   FFGO - Of course there is. Tic Toc SevenTenEleven 01/24/18 11:33:10 PM
#220535   I asked him the same question. There is uscfan54 01/24/18 06:45:02 PM
#220534   Exactly what is a "shadow regulator"? ctrumabll 01/24/18 03:49:06 PM
#220533   Alien you are correct. There is no brokerage uscfan54 01/24/18 01:08:24 PM
#220532   Where are the assets that will deliver 3400% uscfan54 01/24/18 01:04:54 PM
#220531   What specifically is a shadow regulator? Never heard uscfan54 01/24/18 01:01:29 PM
#220530   FFGO's non existence is troublesome for the naive alien42 01/24/18 11:20:31 AM
#220529   You are DEAD WRONG!!!! I have my Dhoraji 01/24/18 08:47:45 AM
#220528   too bad there never were any short positions alien42 01/24/18 01:33:02 AM
#220527   FFGO - Criminal broker dealers and criminal retail SevenTenEleven 01/24/18 01:03:35 AM
#220526   My FFGO shares all remain in my account. AlanC 01/23/18 03:31:40 PM
#220525   yup, FFGO was a complete SCAM from day alien42 01/23/18 11:54:48 AM
#220524   Anvil, excellent response. uscfan54 01/21/18 06:24:25 PM
#220523   I know the history of FFGO, was there Anvil 01/21/18 02:14:36 PM
#220522   Only FINRA, SEC. and management are negotiating is Dhoraji 01/21/18 11:49:34 AM
#220521   The key words here as per your statement uscfan54 01/21/18 10:42:59 AM
#220520   Oddly enough there is some truth to your AKFish 01/20/18 10:42:26 PM
#220519   Ronald Yadin Lowenthal is the largest share holder Dhoraji 01/20/18 07:12:01 PM
#220518   Who exactly is going to revive them? What uscfan54 01/20/18 11:53:50 AM
#220517   They closed what? FFGO?????????????????? Dhoraji 01/18/18 08:13:36 PM
#220516   LOLOLOLOLOL!!!!!! TomSawyer 01/17/18 01:17:58 AM
#220515   Try to understand the meaning of DORMANT! Dhoraji 01/16/18 08:03:40 PM
#220514   in other words, FFGO is DEAD alien42 01/16/18 01:22:16 AM
PostSubject