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no need that is face value of prefereds
yes complicated i try to remember the prefereds are in nmgls name and held in western diversified inc. a subsidiary owned by ffgo; thats as clear as i can simplify.
(NASD: RGLD) will replace Lam Research in the S&P MidCap 400 index after the close of trading on a date to be announced. Lam Research is acquiring Novellus in a deal expected to be completed soon pending final approvals.
The next rally will be powerful and last a long time, probably more than a year. That is because it will be a wave 5 move. In the precious metals and mining stocks markets, wave 5's tend to be the largest and longest, most dramatic moves, not wave 3's as is typical in stock markets. The coming rally will be the start of a wave five of large degree.
http://www.marketoracle.co.uk/Article34522.html
the kitchen is to hot lol
so, money went to shareholders for that matter not nmgl or ffgo
buyer and sellers are outside company only reason it was reported is because over 5%
please rephrase i dont understand thank you
time for stock buy back_Management’s current estimate of the Trust’s share of the net tax refunds is $96
million.
because he baught 17billion and your on the wrong board
do you realy think the debters_are_just_going_to_walk_away LOL
representing an additional amount of 1,518,563,813 shares of Bouse Gold, Inc. Common Stock, representing an additional 69.03% of the outstanding shares of Bouse Gold, Inc. Common Stock.
100% secured
100% irevocable
100% consent
win win LOL
http://www.fortfinancegroup.com/hdividends.html
secured Hello define that secured The Company has secured the irrevocable consent of other stockholders in Bouse Gold, Inc. to dispose of their shares of Bouse Gold, Inc., representing an additional amount
I win again LOL
The definition of irrevocable is something that cannot be undone or changed. (adjective)
An example of irrevocable is a contract that, once signed, cannot be cancelled.
wheres the wesel clause here LOL if they lawyered up as we know they have in all docs why is this one very critical line so obviousely exposed tell me this >explain it?
its here under bouse.. http://www.fortfinancegroup.com/hdividends.html
south copperstone is all in house what do you not see?
bouse is irevocable consent hello lol
obviousely yaul are being burned not us longs LOL
The Company has secured the irrevocable consent of other stockholders in Bouse Gold, Inc. to dispose of their shares of Bouse Gold, Inc., representing an additional amount of 1,518,563,813 shares of Bouse Gold, Inc. Common Stock, representing an additional 69.03% of the outstanding shares of Bouse Gold, Inc. Common Stock.
This is made up as follows:
Eligible Dividend Recipients as at November 7, 2005: (Note 1) 729,455,076 (33.16 %)
Searchlight Exploration, LLC: 219,997,800 (9.99 %)
Fortress Financial Group, Inc.*: 510,923,545 (23.22 %)
Other Stockholders: 569,110,937 (25.88 %)
TOTAL: 2,029,487,358 (92.25 %)
look the "on book" divi from 2005 is the remaining 100% hello lol
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 (100%)
The Company has secured the irrevocable consent of other stockholders in Bouse Gold, Inc. to dispose of their shares of Bouse Gold, Inc., representing an additional amount of 1,518,563,813 shares of Bouse Gold, Inc. Common Stock, representing an additional 69.03% of the outstanding shares of Bouse Gold, Inc. Common Stock.
http://www.fortfinancegroup.com/hdividends.html
look out they are unregistered because............ drum role they dont want you guys trading them until its time
everybody knows some mm like to trade without consent da yes see lol
ARE YOU REFERING TO THIS; Recipientï Western Diversified Mining Resources, Inc.//
Associated Fortress Financial Group, Inc.
12/10/2010 D
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.
$258073107
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.
$258073107
AMENDMENT AND RESTATEMENT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC. PROJECT ACQUISITION AGREEMENTS WITH
SEARCHLIGHT EXPLORATION, LLC
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7385235
bauman will always have royalty rights good try though the deal is for the lease and right to extract gold/pm.
anybody have info on-Notes receivable - intercompany?
ya ok wasnt being literal but sure thanks
directors wont speak
http://images.forbes.com/fdc/mediakit/MISSION.PDF
ill let forbes answer this note the word people
Forbes doesn't do DD on people they have profiles for.
i hope you realize that every single big corporate white collar criminal has had a Forbes profile.
FFGO executives are scammers, it doesn't matter that they have an online profile.
I guess this says it all
post1,"Sloane sold off as much of the 17 BILLION shares bought by promissory note he could"
post2,"I don't need to prove anything"
yup I win lol
so you heaRD OF FORBES, HOWS THIER DDlol
Forbes says differant; Ronald Yadin Lowenthal
Director, President and Chief Executive Officer
ASPA Gold Corp
Rancho Mirage , CA
Sector: BASIC MATERIALS / Industrial Metals & Minerals
Officer since November 2010
Mr. Lowenthal is a specialist in Corporate Finance, in the structuring of IPO's and in fund raising for Mining Exploration Companies. From 1999, Mr. Lowenthal was a founding director of Incentive Holdings Ltd. and Incentive Securities Ltd, a South African based Financial Services Group. From 1982 to 1999, Mr. Lowenthal served as a financial consultant and as the compliance officer to family owned, Lowenthal & Co, a South African based Stock Broking, Corporate Finance and Fund Management company specializing in obtaining mining concessions for exploration, and obtaining and assisting a significant number of Mining and other companies with their obtaining quotations on the Johannesburg Stock Exchange. In 1971, Mr.Lowenthal earned a Masters of Business Administration degree from the Wharton Graduate Division, University of Pennsylvania, USA and in 1969 earned a Bachelor of Arts (Hons) degree in International Relations from the University of Sussex, England. Mr. Lowenthal is presently an officer or director of Kansala Resources SA, Senegal, Sanko Lowenthal, Mauritanie SARL, Sloane Investments, Inc., Chataprop Holdings 86 (Pty) Limited, IHL Nominees (Pty) Limited, Incentive Securities (Pty) Limited and North American Gold & Minerals Fund. He was previously an officer or director of Faso Mining SA, Consolidated Mining Corporation Limited, West Witwatersrand Gold Holding Limited, Carrig Diamonds Limited, Hanover Capital Group plc, Anglo Dutch Life Limited, Africa Resources Investments Limited, Catwalk Investments 398 (Pty) Limited, Hanover Research (Pty) Limited, Incentive Asset Management (Pty) Limited, Incentive Asset Traders, Incentive Corporate Finance (Pty) Limited, Incentive Holdings Limited, Rhizoid Timeline Formula Limited, Saga Lowenthal Commodities (Pty) Limited, Benoni Gold Holdings Limited, Bonte Koe Mynbou Ondernemings (Pty) Limited, Rex Mining Corporation Limited, Southern Fissures Limited, Wolfberg Mynbou (Pty) Limited, Carbon Leader Limited, Loxton Exploration (Pty) Limited, Dukes Court Shareblock Limited, Edgtech Holdings (Pty) Limited, Master Computer Bureau (Pty)Limited, Moorpark Shareblock Limited, Pick Distribution Company (Pty) Limited, Pick Square (Pty) Limited, Pick Technologies (Pty) Limited and Mesklip Prospecting (Pty) Limited. From 1972 to 1979, Mr. Lowenthal served as an International Merchant Banker with Scandinavian Bank in both London and in Singapore, Amex Bank in both London and in Hong Kong, Rothschild Intercontinental Bank in both London and in Hong Kongand with European and American Bank in New York. From 1979 to 1981, Mr. Lowenthal was involved in Diamond Mining and in Diamond Trading on an International basis. On November 22, 2010, Ronald Yadin Lowenthal was appointed President and Chief Executive Officer of the Company. On November 26, 2010, the Board of Directors increased its size to 4 (Four) Members and elected Mr. Ronald Yadin Lowenthal, the Company's President and Chief Executive Officer, to the additional Board seat. As of March 3, 2011, the Company?s Board of Directors consists of Ronald Lowenthal.
http://people.forbes.com/profile/ronald-yadin-lowenthal/141097
FORTRESS FINANCIAL GROUP, INC. / WY: SC 13D/A, Sub-Doc 1, Page 2
Back Print This Page Close Window
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2 )*
FORTRESS FINANCIAL GROUP, INC. / WY
(Name of Issuer)
Common Stock, par value $.0001 per share
(Title and Class of Securities)
34958T 107
(CUSIP Number)
SLOANE INVESTMENTS, INC.
Renasa House, 170 Oxford Road, Melrose, Johannesburg,
Gauteng, Republic of South Africa 2196
Tel: + 27 11 380-3000
---------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
June 28, 2010
----------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Section 240.13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1
CUSIP No. 34958T 107
1 Names of Reporting Persons. SLOANE INVESTMENTS, INC.
I.R.S. Identification Nos. of above persons (entities only): 98-0562470
2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) |X|
3 SEC Use Only
4 Source of Funds (See Instructions)
OO
5 Check if Disclosure of Legal Proceedings Is Required Pursuant to
Items 2(d) or 2(e) [ ]
6 Citizenship or Place of Organization
Incorporated in the State of Wyoming, USA.
7
Sole Voting Power
17,645,966,686
Number of Shares
Beneficially 8 Shared Voting Power
Owned
9 Sole Dispositive Power
17,645,966,686
10 Shared Dispositive Power
11 Aggregate Amount Beneficially Owned by Each Reporting Person
Reporting Person: 17,645,966,686
12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11) 23.59%
14 Type of Reporting Person (See Instructions) CO
2
ITEM 1. SECURITY AND ISSUER
This Schedule 13D relates to the Common Stock, par value $0.0001 per share (the "COMMON STOCK") of Fortress Financial Group, Inc., a Wyoming corporation (the "ISSUER"). The address of the executive offices of the Issuer is 848 N. Rainbow Blvd., #3003, Las Vegas, Nevada 89107.
ITEM 2. IDENTITY AND BACKGROUND
(a-f) This Schedule 13D is being filed by SLOANE INVESTMENTS, INC. (the “REPORTING PERSON"). The director, executive officer and control person of the Reporting Person is Mr. Ronald Yadin Lowenthal.
Ronald Yadin Lowenthal, a citizen of the United Kingdom, has a principal business address of Renasa House, 170 Oxford Road, Melrose, Johannesburg, Gauteng, 2196, Republic of South Africa. His principal occupation is that of Mining and Financial Services. Mr. Lowenthal was for many years, a principal of a Stock broking firm in South Africa.
The Reporting Person is a Wyoming corporation, with a business address of c/o Mr. R Y Lowenthal, Renasa House, 170 Oxford Road, Melrose, Johannesburg, Gauteng, 2196, Republic of South Africa.
During the past five years, neither the Reporting Person nor Mr. Lowenthal have been: (i) convicted in any criminal proceeding, or (ii) a party to any civil proceeding commenced before a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is now subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of the consideration used to purchase the Common Stock on June 29, 2010 was issuance of notes of the Reporting Person.
ITEM 4. PURPOSE OF TRANSACTION
The Reporting Person has acquired the Common Stock reported by it for investment and it has sole investment power and voting power with respect to the Common Stock reported by it. The Reporting Person acquired the Common Stock because it considered the Common Stock to be an attractive investment opportunity. The Reporting Person may make further acquisitions of Common Stock from time to time or to dispose of any or all of the shares of Common Stock held by it at any time.
The Reporting Person may consider or consummate an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries. The Reporting Person may also consider or consummate a purchase of a material amount of assets of the issuer or any of its subsidiaries.
The Reporting Person intends continuously to review its investment in the Issuer and may in the future change its present course of action. Depending upon a variety of factors, including, without limitation, current and anticipated future trading prices of the Common Stock or other securities of the Issuer, the financial condition, results of operations and prospects of the Issuer and general economic, financial market and industry conditions, the Reporting Person may cause the sale of all or part of the Shares held by it, or may cause the purchase of additional Shares or other securities of the Issuer, in privately negotiated transactions, as part of a cash tender offer or exchange offer, or otherwise. Any such purchases or sales may be made at any time without prior notice. Depending upon the foregoing factors or other factors not listed herein, the Reporting Person may formulate other purposes, plans or proposals with respect to the Issuer, the Common Stock or other equity securities of the Issuer.
3
The foregoing is subject to change at any time, and there can be no assurance that the Reporting Person will take any of the actions set forth above. Except as otherwise described in this Item 4, the Reporting Person currently has no plan or proposal which relates to, or would result, in any of the events or transactions described in Item 4(a) through (j) of Schedule 13D, although the Reporting Person reserves the right to formulate such plans or proposals in the future.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the date of this Schedule 13D, the Reporting Person beneficially owns 17,645,966,686 shares of Common Stock (the "SHARES"). The Reporting Person has sole voting and dispositive power over such holdings. As of June 29, 2010, the Shares represented 23.59% of the approximate total 74,813,049,643 shares of Common Stock outstanding as previously reported by the Issuer.
(b) The Reporting Person holds sole voting and dispositive power over the [17,645,966,686] shares of Common Stock held by the Reporting Person.
(c) Within the last seven days, the Reporting Person, made the following acquisitions of the Common Stock in privately negotiated transactions at the prices indicated:
DATE NO. OF SHARES ACQUIRED PRICE PER SHARE
June 28, 2010 17,645,966,686 US$0.0035
(d) Other than the Reporting Person, no person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares.
(e) Not Applicable
ITEM 6. CONTRACTS, AGREEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER
Not Applicable
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Not applicable.
4
S I G N A T U R E
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete, and correct.
SLOANE INVESTMENTS, INC.
Date: July 1, 2010
By:
/s/ Ronald Yadin Lowenthal
Name: Ronald Yadin Lowenthal
Title: President
5
Copyright © 2012 QuoteMedia. All rights reserved. Terms of Use.
Market Data powered by QuoteMedia, www.quotemedia.com, SEC filings by Morningstar.
show 13g filing that would prove that
gold lease stands=to remain valid, effective, or unaltered:
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7385235
Exhibit A
Bouse Gold Project
Northern Plomosa Mining District
La Paz County, Arizona
Original Claim Block
IN WITNESS WHEREOF, the parties hereto, through their duly authorized representative, have executed and delivered this Agreement as of the day and year first
above written.
SEARCHLIGHT EXPLORATION, LLC,
an Arizona limited liability company
By: /s/ Frederick C. Bauman
Frederick C. Bauman
Manager
SOUTH COPPERSTONE, INC.
A Wyoming corporation
By: /s / Peter Bezzano
Name: Peter J. Bezzano
Title: President
If, as we believe, the entire area of the inverted
"V" turns out to be a mineable open pit resource this would be a far larger gold
deposit than the 1,000,000 +/- oz Copperstone, and may be closer to the 10,000,000 oz size
of the Mesquite mine, which is another detachment fault deposit in California.
Item 8.01
OTHER EVENTS
AMENDMENT AND RESTATEMENT OF BOUSE GOLD, INC. AND SOUTH COPPERSTONE, INC. PROJECT ACQUISITION AGREEMENTS WITH SEARCHLIGHT EXPLORATION, LLC
Bouse Gold, Inc. Agreement with Searchlight Exploration, LLC
On July 28, 2010, the Amended and Restated Bouse Project Acquisition Agreement dated October 7, 2005 between Bouse Gold, Inc. (“Bouse Gold”) and Searchlight Exploration, LLC (“Searchlight Exploration”) was amended and restated. The amendment will become effective upon the sale by a subsidiary company of Fortress Financial Group, Inc. of its Bouse Gold, Inc. shares of common stock to the Buyer. The amendment was required by the Buyer as a condition to its purchase of Bouse Gold, Inc. shares of common stock from the Fortress Financial Group, Inc. subsidiary company.
As a result of this amendment, the Net Profits Interest in the Bouse Gold, Inc. Project held by Searchlight Exploration, LLC was reduced to 5% from that of 25%. Additionally, the Net Smelter Returns Royalty payable to Searchlight Exploration, LLC was modified from a flat 5% to a sliding scale royalty based on the price of gold. The new royalty scale is as follows:
Over $2,400 per ounce
8.0%
Over $2,100 but under $2,400 per ounce
7.0%
Over $1,800 but under $2,100 per ounce
6.0%
Over $1,500 but under $1,800 per ounce
5.0%
Over $1,200 but under $1,500 per ounce
4.0%
Over $900 but under $1,200 per ounce
3.0%
Over $600 but under $900 per ounce
2.0%
Under $600 per ounce
1.0%
In return for these concessions, Bouse Gold, Inc. agreed to pay Searchlight Exploration, LLC the sum of US$2,500,000, which includes US$113,557 of current amounts due to Searchlight Exploration, LLC for work expenditures and BLM claim maintenance fees. This sum due to Searchlight Exploration, LLC will be represented by an unsecured Bouse Gold, Inc. promissory note, which will bear 10% simple interest, and will be due and payable on the earlier of (a) the first anniversary of the effective date of the amendment or (b) the acquisition by the Buyer of at least 75% of the outstanding common stock of Bouse Gold, Inc.
South Copperstone, Inc. Agreement with Searchlight Exploration, LLC
On July 28, 2010, the South Copperstone, Inc. Project Acquisition Agreement dated October 7, 2005 between South Copperstone, Inc. (“South Copperstone”) and Searchlight Exploration, LLC (“Searchlight Exploration”) was amended and restated. The amendment will become effective upon the sale by a subsidiary of Fortress Financial Group, Inc. of its South Copperstone shares of common stock to the Buyer. The amendment was required by the Buyer as a condition to its purchase of South Copperstone shares of common stock from the Fortress Financial Group, Inc. subsidiary company.
As a result of this amendment, the Net Profits Interest in the South Copperstone Gold Project held by Searchlight Exploration was reduced to 5% from 25%. Additionally, the Net Smelter Returns Royalty payable to Searchlight Exploration was modified from a flat 5% to a sliding scale royalty based on the price of gold. The new royalty scale is as follows:
Over $2,400 per ounce
8.0%
Over $2,100 but under $2,400 per ounce
7.0%
Over $1,800 but under $2,100 per ounce
6.0%
Over $1,500 but under $1,800 per ounce
5.0%
Over $1,200 but under $1,500 per ounce
4.0%
Over $900 but under $1,200 per ounce
3.0%
Over $600 but under $900 per ounce
2.0%
Under $600 per ounce
1.0%
In return for these concessions, South Copperstone agreed to pay Searchlight Exploration the sum of US$2,500,000, which includes US$86,537 of current amounts due to Searchlight Exploration for work expenditures and BLM claim maintenance fees. This sum due to Searchlight Exploration will be represented by an unsecured South Copperstone promissory note, which will bear 10% simple interest, and will be due and payable on the earlier of (a) the first anniversary of the effective date of the amendment or (b) the acquisition by the Buyer of at least 75% of the outstanding shares of common stock of South Copperstone.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1
Amended and Restated Project Acquisition Agreement dated as of July 28, 2010 between Bouse Gold, Inc. and Searchlight Exploration, LLC
99.2
Amended and Restated Project Acquisition Agreement dated as of July 28, 2010 between South Copperstone, Inc. and Searchlight Exploration, LLC
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Fortress Financial Group, Inc.
Date: August 2, 2010
By:
/s/ Peter James Bezzano
President
MORE RESEARCHhhhhhhhhh
Metals and Mining
46.84% of South Copperstone Inc. and 23.22% of Bouse Gold, Inc.
SnapshotPeople
Company Overview
As of September 8, 2010, 46.84% of South Copperstone Inc. and 23.22% of Bouse Gold, Inc. were acquired by North American Gold & Minerals Fund. South Copperstone Inc. and Bouse Gold, Inc. represents the combined operations of South Copperstone Inc. and Bouse Gold, Inc. in their sale to North American Gold & Minerals Fund. South Copperstone Inc. engages in exploring, drilling, and mining gold property in LaPaz County, Arizona and Bouse Gold, Inc. owns and operates the 1,300 acres Bouse Gold mining project and includes gold, silver, and copper ores. South Copperstone Inc. is based in the United States. Bouse Gold, Inc. is based in Bradenton, Florida.
These agreements remain in effect, although Searchlight Exploration, LLC has agreed to amend the agreements to facilitate the sale process for Fortress Financial Group Inc.'s interest in Bouse Gold Inc. and South Copperstone Inc.
sticky please...yup there it is thanks
divide by 29.8 see if it matches your acount