Here's my take. New gold is a registered reporting company. All their 8k and filings are being watched and deemed true documents of events of the company. All the prior dealings with hglc, cmkx, these were pinkies and non-reporting companies. In essence they could have said 5billion dollar takeover and not do it. With new gold, it is registered, it will happen.

good morning v. still here long and strong and waiting for an update and the preferreds. eat up all the shares at 0.00005 to 0.0001 and we'll be rocking.

that is true too. i didn't think of that, but potentially that's why. then they make so much more profit as they would buy back their own preferreds at 30x current price.

what IF they are middle man and is selling it to a third party which may or may already be identified, and after they repay all preferred shares holders, they profit the rest?

i believe the preferreds will show up in your brokerage account. you are right that there is no secondary market for them, but they should be in your brokerage account. same thing happened when i got restricted equity, it went to my brokerage account, but not tradeable until restriction is lifted.

i dont' think that article is representing the 8k properly.

1) the article says we (shareholders) can't sell the preferreds till after jan 1, 2011. my understanding is the COMPANY may redeem the preferreds from us after this date.

2) the article says the preferreds are leased to us because there is no voting rights. yes there is no voting rights, but we own those preferreds until they are redeemed for the redemption price, which is $0.003449 per ffog share.

thoughts?

hsb, can.v still going strong. might be breaking new highs next week. you still hold position?

somebody is buying up the shares at 1.

not unless they can sell the mines to someone at a much higher price than the preferreds are valued at.

i think we are missing that there is a physical asset here which contains a commodity going for $1200 an oz.

true that. short squeeze.

thanks. this helps a lot. i'm rich on paper!!! do you know if it is restricted and whether we can sell them? I see that after 2011 the company may redeem them at no less than the cost you listed. am I correct?

if sloane holds 23% and takes the preferred shares, I'll take that chance. i doubt they are dumbos by throwing so much money into this.

given that unless a company is bankrupt, the stock price can't go lower than 0.0001. Since most of us got shares at 0.0001, we aren't really at a loss on paper. it's just that aren't profiting and can't exit our position. the dividend shares if worthless I could care less as they are free shares.

fair enough we getting shares as dividend. is it preferred shares? are they tradeable?

not really sure what the 8K is saying, but the dividend is in preferred shares? quite confused.

VNDM wants shares. watch them cover when it's time to cover. zoom! no one selling at 1s today VNDM!

does it matter at this point? those who are willing to gamble will hold their shares. have less than 8hrs left to filing. we will find out then.

8k will be filed on be posted on yahoo and other sites where you see filings. i'm certain there will be a PR to follow.

strong pre-market indeed!

good morning v. look at the 3s and 5s and 0.01 on the ask! VNDM is in need of shares, they aren't real seller. we ready for lift off!

good morning ffgo members. expecting good volume today. 1610 is the magic number.

right after the PR volume increased and the bid/ask sizes were huge. before the PR it was a slow day, 200m+ volume with only 1-2hrs trading left in the day. something is going on and i think it will screw the shorts up. the same MM put a wall at 2 and bid at 1. i think he wants to force sellers so he can get shares at 1. it's an interesting tactic which did not produce a lot of shares sold at 1. a lot of shares has been scooped up at 1 on those billion share days. Sloane has taken a lot i bet. ready for rocket launchers tomorrow. good night ffgo members.

hi hsb, no i havent' added yet. playing a pinky right now. hopefully it pays and i can buy a ton of abr.

they want shares thus putting big blocks at 2 and inticing ppl to sell at 1. watch them get lifted in t-1!

from the sizing, there's something definitely going on which the MMs know about!

Hel* yeah! V, Pooh, everyone, time to rumblllleeee....

looking good here V. keep up the good work. T-1!

Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that is has entered into a binding agreement to dispose of its remaining assets, namely its stockholding in two Gold Corporations, Bouse Gold, Inc. and South Copperstone, Inc. The Effective Sale and the Execution Dates of these agreements were required by the Purchaser to be on Thursday, August 12, 2010. On that date both the Purchaser and ourselves will each be filing a Form 8-K with the Sale and Purchase Agreements as exhibits. The Purchaser is a publicly traded corporation and will announce these transactions to its stockholders on August 12, 2010.

The Company has filed today a Form 8-K setting out the revised agreement with Sloane Investments, Inc. This revised agreement allows us to execute the Sales Agreements on August 12, 2010 with the receipt of the sale proceeds being on Monday, August 16, 2010. Additional time was granted by Sloane Investments, Inc. who unconditionally accepted the terms of these sales of our Company's Gold interests.

goood morning all. 11-aug-10. one more day to go till confirmation.

must be Gold Corp.

gone for the day. have a good day guys. go FFGO!

is your order still open? maybe your order got rejected or something happeend to it?

executed

DATE OF ORDER:
08/10/2010
ORDER STATUS:
Executed
TIME OF ORDER:
10:57:45 EDT
ORDER ID:
113095332

DETAIL:
Buy FFGO 6000000 Shares
Limit $0.0002 DAY

order in as we speak right now at 0.0002. will let board know when it gets filled.

DATE OF ORDER: 08/10/2010 ORDER STATUS: Sent
TIME OF ORDER: 10:57:44 EDT PREFERRED ECN: MNGD

DETAIL: Buy FFGO 6000000 Shares
Limit $0.0002 DAY

shares in tight hands, that's all i can say. if you want shares, hit the 2s.

i might have, but i'd sure like to take some 1s. i'm waiting.

that's right MVIR, no sales at 0.0001. all 2s. belief or not to belief.

sometimes the fills are reported late. do you see the amount of shares you are buying cross the tape?

a lot of buys at 2s. still waiting for my 1s.