good post!

If there are no restricted shares then what did he lie about? He did not say it was fact he stated that he did not believe that there are any restricted shares. There could be some, I do not know.

Without the audit in hand you have no idea how many shares..if any are restricted. As you may have noted..Mr. Goldberg went so far as to say: quote " I don’t believe that FFGO has any restricted shares left". So how exactly are you going to determine what the float is?? By your logic, I'm guessing it's around the 74.8 Bil range..lol
Well, my shares are not part of the float at the moment as well as the large positions held by other investors, insiders and note holders who are holding for the div. payoff. Once the div. is deliverd there will be so much float that you could support a battle ship!! LOL

JMO

I'm guessing that they are speculating that the reports are pretty much on target an 10,000,000 oz. is just the tip of the ice (inverted) burg.

Thats kinda like taking a free ride on the Reading, and when you pass go collect your .009/.012 CASH!!

LOL

LOL...It really dosn't matter much to me...I got about a grand tied up at .0001...so anything above that...cash or tradeable stock will be rockn my boat for sure. But of course I prefer CASH!!

Yaah!

FFGO...Rock -n- roll Texan

.009/.012 CASH!!!

IMHO of course

:)

FFGO....for those listening to negative posts please see below and read the report (see link)...it tells any educated would be buyer and investor, what the potential value of the FFGO properties are. Thats enough to make a deal! and thats what the investors of this stock are banking on!

JMHO

http://alt.nntp2http.com/comp/goldmine/2006/10/329452fdd9921612589063ca370afb2c.html

It would be awsome if you are right.

Howdy Texan. Whats the latest scoop on FFGO, Anything new in the last 3 business days?

Todays volume is way up over what it has been the last few weeks.

.009/.012 CASH!!! Todays PR's makes this even more possible.

IMO

Potential pricing for this sale

FFGO filed an 8K back on Jan. 15, 2009 that gave details for the sale of both Bouse and S. Copperstone to Hurasu Resource Corporation. Now I know that sale did not go through, but I am using the stated sale prices as a starting point.

They were going to pay (in shares) as stated in the 8K:
$0.76 for every 1 share of Bouse, = 510,537,026 shares x .76 = $388,008,139.76
$0.25 for every 1 share of S.Copperstone = 1,030,421,001 shares x .025 = $257,605,250.25

The price of gold in Jan 2009 was about $920.00

By doing the math we can determine a quantity of gold represented by the total sale price of the stock, and that gives us:
421,748 oz of gold at Bouse ($388,008,139.76 / 920 = 421,748)
280,006 oz of gold at S. Copperstone ($257,605,250.25 /920 = 280,006)

I've seen estimates that show much higher quantities. See Texans posts..he has done great DD.

Current sale:

The Company can confirm that the sale of its 510,923,545 shares of Bouse Gold, Inc. Common Stock and its 1,030,421,001 shares of South Copperstone Common Stock will not equate to a net amount that equates to an amount that is lower than the amount of US$0.003 per share of the Company’s Common Stock.

Stated gold price for this sale = $1050.00

Bouse 421,748 oz x $1050 = $442,835,376.90
S. Copperstone: 280,006 oz x $1050 = $294,005,992.13

Add the two together = $736,841,369.03

Current FFGO A/S = 75,000,000,000

$736,841,369.03 / 75,000,000,000 = .0098 PPS adjust for current gold price say 15% as stated in the latest PR = .0113 PPS – outstanding loan notes and accrued interest.

.009 to .012 CASH!

JMHO

I think it is clear that the current share price of .0001 is WAY WAY low.

JMHO

FYI..from an artical I found.

Who can tell me how this relates to FFGO and it's LONG TERM STOCK Value??

What Is Breakup Value?

If you are new to investing, you may have heard of breakup value, but have no idea what it means. Sounds bad, huh? If there is much discussion about the breakup value of a company, it could mean that the company is having problems and is about to be sold off.
.
Simply put, the breakup value is what a company would be worth if its component parts were sold off and the liabilities were paid. For example, a certain company may have multiple subsidiary businesses operating in different industries. It may have a computer division, a food division, and an entertainment division. To determine the breakup value, you would need to figure out what the total assets are for each subsidiary, minus the total liabilities.

When a corporation or conglomerate is sold, sometimes it is sold for cash, or for stock in the acquiring company, or both. As an example, if company A is sold to company B, company A may receive a certain amount of cash for the sale, along with a certain amount of common stock in company B. Company B might decide to give all of the shareholders of company A a single share of stock in B for every four shares they have of A.

There are certain situations that may cause a company to be broken up. In the event it does split up, you should find out what the breakup value will be and how it will affect the value of your stock. We will now review each of the possible situations so that you will remember to consider the breakup value of a company before it is sold.

If the corporation is being poorly managed, the board of directors may decide to sell off the company to get something for their stock or to get stock in another company that has competent management and can help their stock grow in value.

Another situation that may arise is if one of the subsidiaries within the corporation has liquidity problems and can not be salvaged, the entire company is affected. As a result, the corporation may have to sell several of their businesses in order to restore the bottom line.

Another reason why a company could be broken up is if one of the divisions within the company, although it might be profitable, is holding back the growth of the other divisions. As a result, the board of directors may decide to sell off or destroy the part of the company that is holding it back so that it can experience much larger growth in its other sectors.

Also, if one of the businesses that the company owns is facing a potential lawsuit, the corporation may decide to break off that business so that the other profitable segments within the company are not financially vulnerable to any judgement rendered against the business that is about to be sued.

Breakup value does not always have to be a bad thing, it can also be used as a way to assess the financial strength of a company so that you can determine whether to hold on to its stock. If the share price of a stock is trading at a discount relative to its total assets minus liabilities, then you should probably hold on to the stock, unless the company has a negative outlook for the future.

I hope what you have learned here was helpful and informative. If you can not determine the breakup value of a company on your own, ask your portfolio manager or stockbroker to get the number for you. You should know this information even if the company in which you are invested is doing well, because if the company folds quickly, it will be hard to sell the stock. If that happens, it is possible that the only way that you will be able to recoup your investment is when the assets are liquidated so that the bondholders and shareholders can be compensated.

http://www.articlesnatch.com/Article/What-Is-Breakup-Value-/114701

Read more: http://www.articlesnatch.com/Article/What-Is-Breakup-Value-/114701#ixzz0pi1F93XC
Under Creative Commons License: Attribution No Derivatives

LAS VEGAS, NV, Jun 02, 2010 (MARKETWIRE via COMTEX) -- Fortress Financial
Group, Inc. (PINKSHEETS: FFGO) can confirm that it expects to finally be in a
position to announce further and more final details of the sale of its Gold
Interests fairly shortly.

Stockholders are advised that the "pricing guidelines" given at US$0.003 per
share of Common Stock were extremely conservative and will now, be substantially
higher given the current price of Gold, not to mention the immediate and
extremely positive outlook for the price of Gold and the unprecedented demand
for quality Gold Properties.

Company Management clearly understands and relates to its stockholders
frustrations over what are perceived to be endless delays in the completion of
the sale of these assets. However, given the fact that the Purchaser of your
Company's Gold Interests is a publicly traded Corporation; this limits the
amount of information which your Company's Management is able to release prior
to the filing of the final sale Agreement complete with the terms and dates of
the Stock Dividends in respect of the distribution of the sale proceeds to our
stockholders.

The sale of the Company's Gold Interests is now a "done deal." Final and very
necessary steps are being taken to expedite the completion of this transaction.
The Company has no problem in the completion of these last steps; the minor
delays are being solely caused by the other work commitments of the external
Professional Advisors whose completion of their work for our Company is vital to
the final conclusion of the sale.

The Company is clearly now a "value and breakup play" and to further add to our
stockholders' benefit; the rising price of Gold will substantially increase the
value of the sale of the Company's Gold Interests.

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 and other risks identified in filings
made by such company with the SEC.





Contact:

Fortress Financial Group, Inc.

Peter J. Bezzano

Chairman

E Mail: admin@fortfinancegroup.com

Twitter: http://twitter.com/FFGO

Telephone: (954) 623-7409



All Investor Related Enquiries:

Corporate Communications to Fortress - Global Investor Relations

E Mail: ir@fortfinancegroup.com

Direct Line: (407) 403-5565





SOURCE: Fortress Financial Group, Inc.




CONTACT: mailto:admin@fortfinancegroup.com

http://twitter.com/FFGO

mailto:ir@fortfinancegroup.com




Copyright 2010 Marketwire, Inc., All rights reserved.

-0-




SUBJECT CODE: Manufacturing and Production:Mining and Metals

Financial Services:Venture Capital

LOL...up to your old trick I see...as Diamondguru would say

GO FFGO .009/.012 CASH!!!

LOL

Nope, no news here. am just being hopefull.

I'll take a rack of ribs and some potatoe salad

Good mornin V, hope all is well! I'll be out of the office most of the day, Hope I don't miss the main event!! LOL
GLTA

Gold has everything to do with this!!

Should it be that this ends up being just a scam as some here believe, then I'll admit being douped. However should it be legit as I believe it to be, then there is no mistaking it. GOLD has everything to do with this play! If it didn't what would be the point?? There would be no play, and no reason to be here, end of story!!

IMO
Dich

Another exciting day!

Go FFGO!!!

I've been keeping up with your posts...Your doing great!! Keep up the good work, and don't let the bashers bait you into an argument that no matter what you present they will simply ignore your reasoning and twist it to fit with their own agenda...what ever that might be.

IMHO!!

I wonder what triggered the sudden volume? Nothing all afternoon, now suddenly people buying.

Thanks Vianna,
I'm with ya all the way..just wish I had more ammo to throw at this thing. Anyway, I'll take what I can get with what I have and laugh all the way to my wifes checking account!!! lol

Vianna, Hi!! I have some questions for you, and please do not think for a moment that I'm bashing, because as you know I'm very pro FFGO for this divy play. I truly am looking for your insight.
My questions are: Why would you be willing to pay .0002 with the motive of getting it past the .0002 wall? I just don't understand. I mean wouldn’t it be true that once the div is announced, the .0002's will come and go so quickly all on their own that there will be no need to try and help it along? The reason I ask is because I think everyone that is not already onboard will suddenly be looking to get a piece of the gold, which should force the stock price up to at least the amount of the divy. IMHO. Then after that, once the x-div date is past and the divy is issued the stock will drop back to .0001 again, most likely just as quickly as it went up. IMO, The trick will be to unload before it hits the bottom again.
I think this because I do not see that FFGO has anything of value other than their gold interests, and once that is sold off, what else is there? They are not transparent with any of their business activity. Is there any? I read about a debit card venture, and the purchase of some other types of mining claims. but nothing concrete. So in the absence of sec reporting (yes puppy, the form 10) or other solid info, I just gotta ask "Where's the beef??" Where is the value in this company? Do you have information that lends itself to making this stock a good long term investment once this deal is over? (this is not an invite for basher comments). Anyway, your insight, or anyone else’s that has something positive or truthful (not snide basher comments) to say would be appreciated. I'm basically looking at this as a divy with a nice stock trade at the end.

Priz, Texan..what do you think??

Thanks
Dich

Go FFGO!!! .00371 This is good!

Priz, I agree with you, and oh yeah!!, I like the words "Has" and "Advantage" also. However, there is one yellow flag that I see, and that is in the last part of the PR which is a word of caution to shareholders. In it Mr. Bezzano essentially states that the sale has not been consumated yet (see below, and of course it stands to reason that if it was a done deal we would know).
IMHO I think we may be making to much out of statements taken out of context, I see the whole point of the PR as being a means for FFGO to let us know, "without actually saying much" that the deal is on, it's not done yet, but it will be, and the price of gold going up still has an effect on the final sale price, which is a moving target until such time that the buyer initiates a closing, and until that happens, gives us a higher Div. as long as gold keeps moving up or consolidates. Anyway, thats what I take away from the PR and I see it as a positive thing!! :)

"The company cautions shareholders that the price of gold is volatile and whilst there is reason to hope the value of the dividends resulting from the impending transaction will continue to advance with the rise of the price of gold, a reversal of gold prices would have an adverse affect on that value if it should transpire prior to the conclusion of the sale. Nevertheless the company is reasonably optimistic that the price of gold could hold at these all time high record price levels and could very possibly increase more before the sale consummation and the dividends are announced".

IMO

Go FFGO!!!

Dich

One other thing..for all to be on top of...In the spirit of bing positive I'm going to say that when this divy is made, everyone should go to the IRS web site and look up the 1099-div form and it's requirements. Depending on how long you hold the stock makes an impact on the amount of tax you pay Uncle Obama...with this divy and the millions of shares you might be holding, you could be dishing out a bunch of that Bling!!

JMHO

I'm looking forward to tring to figure out what date I can sell after the the divy!! For people waiting to ride this train you should read the fine print on your ticket..lol

see below from the sec


Ex-Dividend Dates:
When Are You Entitled to Stock and Cash Dividends

Have you ever bought a stock only to find out later that you were not entitled to the next cash or stock dividend paid by the company? To determine whether you should get cash and most stock dividends, you need to look at two important dates. They are the "record date" or "date of record" and the "ex-dividend date" or "ex-date."

When a company declares a dividend, it sets a record date when you must be on the company's books as a shareholder to receive the dividend. Companies also use this date to determine who is sent proxy statements, financial reports, and other information.

Once the company sets the record date, the stock exchanges or the National Association of Securities Dealers, Inc. fix the ex-dividend date. The ex-dividend date is normally set for stocks two business days before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment. Instead, the seller gets the dividend. If you purchase before the ex-dividend date, you get the dividend.

Here is an example:

Declaration Date Ex-Dividend Date Record Date Payable Date
7/27/2004 8/6/2004 8/10/2004 9/10/2004


On July 27, 2004, Company XYZ declares a dividend payable on September 10, 2004 to its shareholders. XYZ also announces that shareholders of record on the company's books on or before August 10, 2004 are entitled to the dividend. The stock would then go ex-dividend two business days before the record date.

In this example, the record date falls on a Tuesday. Excluding weekends and holidays, the ex-dividend is set two business days before the record date or the opening of the market – in this case on the preceding Friday. This means anyone who bought the stock on Friday or after would not get the dividend. At the same time, those who purchase before the ex-dividend date receive the dividend.

With a significant dividend, the price of a stock may move up by the dollar amount of the dividend as the ex-dividend date approaches and then fall by that amount after the ex-dividend date. A stock that has gone ex-dividend is marked with an "x" in newspapers on that day.

Sometimes a company pays a dividend in the form of stock rather than cash. The stock dividend may be additional shares in the company or in a subsidiary being spun off. The procedures for stock dividends may be different from cash dividends. The ex-dividend date is set the first business day after the stock dividend is paid (and is also after the record date).

If you sell your stock before the ex-dividend date, you also are selling away your right to the stock dividend. Your sale includes an obligation to deliver any shares acquired as a result of the dividend to the buyer of your shares, since the seller will receive an I.O.U. or "due bill" from his or her broker for the additional shares. Thus, it is important to remember that the day you can sell your shares without being obligated to deliver the additional shares is not the first business day after the record date, but usually is the first business day after the stock dividend is paid.

If you have questions about specific dividends, you should consult with your financial advisor. You can also get information by going to your library and reading Standard and Poor's Dividend Record Binder.




http://www.sec.gov/answers/dividen.htm

Has the OS been Raised? last I heard it was at 63 Bil.

Hi everyone, I've been away for about a week, has there been any new or interesting developments with FFGO?

Thanks,

I bought and started posting in march but was watching it prior. I also hope I'm right about the value being there cause I think what happened with the buy out was horrid. I can only hope ol Tom simply made a poor choice in trying to string it along. I'll likely never know. Since Thresher is a stinky pinki and they don't file with the sec it will be very difficult for anyone to prove anything. IMHO.;..

I'm very lucky to have got out when I did, the only reason I did was so I could take my profit and go after a possible bigger fish in FFGO, which may or may not be worth it!!...It is a Lotto play just like THRR.

IMHO as always

GLTA

Hi everyone

Just wanrted to pass along my heart felt condolances to those who lost on this. I want to pass along a thougt..so IMHO...... Back when I bought into THRR which was before the buyout announcement, there was alot of very positive PR coming out about Thressher. They were signing new contracts and business was booming...xplosivestock.com was promoting them pretty hard. Anyway, it was anticipated at that time that the stock was gong to break out and make a nice run up to above there 52 week high. and that was based soley on their business activities at the time. Thats why I bought into it...then came the buy out release which changed everything, Right?..maybe not....My point is that nothing has really changed with THRR, they are still fullfilling contracts with Cooper and I believe some defense contracts etc. They are still running a legit business..so I think there is a case to state that the stock is currently undervalued, and that is all a result of this nightmare of a buyout. I agree that they did not handled things properly so shame on them. Anyway, I just wanted to let you all know my thoughts on the matter..and while I do not currently own THRR, was able to get out early, I am keeping it on my watch list for some signs of life. I hope for those of you still holding shares that I'm right and that you may someday soon re-coup your losses. GLTA!!

IMHO

Regards

Thats what I'm talking about..now add S. Copperstone and see where it puts the PPS

yeah..it makes for some good reading

I found a good artical about the Bouse property. Looks like alot of research has been done there over the years. Check it out.

http://alt.nntp2http.com/comp/goldmine/2006/10/329452fdd9921612589063ca370afb2c.html

Leeper

IMHO there are two plays going on here for pre-Div date shareholders.
1. If you hold or purchase shares prior to the time declared for the div. then you will receive the div. which the Company PR states will be no less than .003 per share (it could be much higher).
2. When the div is declared it will say someting like a $.XX will be paid to those who hold shares by such and such time and date. When that is stated by the company there should be positive buying pressure that will drive the stock price up. The trick will be to sell your shares after the xdiv date.

You end up with the div, plus what ever you sell for.

Thats the way I see this thing oing down "IF" the deal goes through..Like I've said in previous posts this is a LOTTO play!!! It might or might not happen. There many people on both sides of the fence on this board.

This is all in my opinion.

Please do not invest based on anything I have said. Nor should you invest anything that you are not prepared to loose!

Thanks

I agree..also...IMHO...Note holders accepting shares for repayment of debt is a show of confidence by them. it says that they believe in the closing of this deal. Why else would they accept shares as settelment of debt..when if this is all some kind of scam the shares are essentially worthless at the current .0001??? I think they know someting, and that something is that this deal will close and they will be making out big time...

IMHO
Dich

GM Vianna, Good luck with getting more shares...I wish I had more ammo to buy with!!
GLTA

From xplosivestock.com

Home Stock News Press Releases Featured Profiles Stocks Business News About Us

--------------------------------------------------------------------------------

Fort Financial Group, Inc. (FFGO)

With the rising price of gold FFGO is facing the fact that the value of the sale transaction dividends to shareholders could potentially climb as high as $0.00371 per share or more. The original price guidelines announced on May6, 2010 were based on a gold price of $1,050/oz. At $1,250/oz the value to shareholders would be increased by 19% and if the price of gold continues to climb to the $1,300 level the additional valuation would exceed the original price guidelines by nearly 24%.

FFGO Highlights

-FFGO has settled an additional US$1.52 M in its Long Term Debt. The Company has, this year, now retired a total of US$2.420 M of its Long Term Debt.

- FFGO has reorganized and expanded its "South Copperstone" Gold Interests, resulting in a contiguous block of 24 lode claims resulting in significant additional value having been created in the value of the Company's stockholding in its "South Copperstone" Gold Property ahead of the completion of the sale of the Company's interest in this Gold Property along with its interest in the "Bouse" Gold Property.

- FFGO recently completed its audit that now permits the Company to declare Dividends going forward; following the completion of the transactions to dispose of its Gold Interests as previously announced


- Gold Prices are reaching $1,230.41 per ounce, FFGO stands to gain very strongly from rising gold prices.

I posted it yesterday afternoon. here is that post.


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50022330

Texan

I was just for kicks comparing your estimate to mine when I noticed that for your calcs you used an OS of 59 bil..but as of yesterday the os is up to 62.9 bil. That may change your number a little. I added in the copperstone percentage and then it's very close to where I am at .01+-

I just think that it's very interesting that several people have estimated this thing from all different angles and are comming up with similar numbers.