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Well good night folks, I am going to wake up my 1 year old so that we could go out for a run. Well I'll run he will sit in his stroller and enjoy the ride. Hey just like the ride we are enjoying...cool... FFGO and awayyyyyyy
Be Patient or become a patient...
Be bold and hold....
V, exactly the stock is up 600%, the news is strong even a jogger takes a breather and resumes the run, I know I run...
good day, good news, good buying, good close..
do a six folks at the very least..
strong 6's going are we close to a 7' on LII?
yes, if we can spell a little smarter...lol...
Get you paint brushes out..
ten minutes..
another 10mil buy at .0005+
16 minutes left, a possible gapper tomorrow...
Thats right volume not shabby at all
ffgo 6's going fast my friends
ffgo 6's are flying..
25 minutes left the 7's will drop...
Alan Santini, CEO "The Great Santini"
off topic but LEH is flying and I traded it yesterday twice for some modest gains but darn i missed out on an additional grand...FFGO will make it up...go FFGOOOOOOOOOO
I'd say The Great Santini is buying at 6
I say 8 close today
.0006 is the only sensible price to buy today...and they are going fast i think we touch 8..
Good afternoon folks, we seem to be holding up very nice. IMO the company is buying shares at under .0006 because from the sound of a few of you 5's have been hard to come by. And if those 5's were sells we would be lower, like I had mentioned I had a buy at .0005 last friday I believe and it filled at .00049 it printed as a sell at 4 but it was my buy.
I think .0006 is a very fair price specially knowing that our nav is .016. We just need to be patient specially since we did initially buy at .0001 and held for a while, some more time then others. Now open your wallets, sell some other securities and pick up more .0006's before they are gone forever, like clementine. go FFGOOOOOOOOOO
is anyone getting filled at 5? I wanted to flip some shares at 6 (even) but could not. maybe I should have waited yesterday to buy back maybe at 5 or 4. I do have alot of confidence that the company is buying at these levels it is absolutely great
well said LETS
the penny, I just read it and posted it. It is exciting news and I am not sitting here reading every single post on this forum, there are other interesting stocks to follow as well. But if it was just one to many news posts then sorry. FFGOooo "The Great Santini" does it again. now do you think that what you wrote was unneccesary? lol
Fortress Financial Group, Inc. -- Further Stock Repurchases
Company Confirms That the Company Has Repurchased Additional "Free Trading" Shares of Its Common Stock
Last update: 8:31 a.m. EDT July 30, 2008
NEW YORK, NY, Jul 30, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company has repurchased additional amounts of its "free trading" shares of its Common Stock on July 28, 2008 and July 29, 2008.
The Company repurchased an additional amount of 816,000,000 shares of its "free trading" stock at prices of US$0.0005 and at US$0.0006 per share; on July 28, 2008 and on July 29, 2008, in the market. The Company will be instructing its Transfer Agent to cancel these shares of its Common Stock. This represents a further 2.53% reduction in the Company's shares of its outstanding Common Stock. These repurchases were settled in cash.
The Company had hoped to acquire at least an additional 1 billion "free trading" shares in these past two days on the weakness in the price per share; but was unsuccessful. The Company is being as prudent and as conservative as possible in respect of the price paid per share on these repurchases in order to repurchase as much of the "free float" as possible; at the lowest possible price per share.
The Company has resolved to reduced its Authorized Share Capital to that of 35 billion shares immediately.
The Company's outstanding shares of Common Stock as at July 30, 2008 are now in the amount of 31,479,377,817. This includes all the restricted shares of the Company's Common Stock.
The Company had as at July 29, 2008, reduced its outstanding shares of Common Stock by an amount of 47% in the last month.
The Company will continue to repurchase "free trading" shares of its Common Stock today, being July 30, 2008 and will continue to do so, thereafter.
The Company's Net Asset Value per share as July 23, 2008 is now in the amount of 1.6 cents (US$0.016) per share of the Company's Common Stock.
The Company intends to continue its buyback of its shares of Common Stock; and remains extremely committed to a vastly reduced number of its outstanding shares of Common Stock and a considerably diminished "free float."
The Company is filing a detailed Form 8-K with the SEC on Wednesday July 30, 2008 in respect of the share buybacks on July 28, 2008 and on July 29, 2008; as well as setting out a very detailed explanation of its calculations in respect of its Net Asset per Share.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. Through the closure of the Trinity Mercantile Finance Group and the Mortgage Bank acquisitions; Fortress Financial Group, Inc. is now expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage and Consumer Lending Divisions" will comprise the vast majority of the Group's earnings in the immediate to medium term.
The Company is utilizing is substantial Balance Sheet of circa US$500 million (this will be reduced to US$100 million after the Extraordinary Dividend payment); comprised of quoted and unquoted Gold Mining & Exploration stocks; to aggressively fund a large number of acquisitions in the consumer financial services sector; initially focused in the Mortgage Lending and Banking sectors.
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" or "projected." 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 a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
SOURCE: Fortress Financial Group, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=D5C9250DD92E5E78
Copyright 2008 Market Wire, All rights reserved.
Janice nice comment
thanks derekz, thats the chart I have been looking at thats why the other looked strange
thank you for clarifying, I also saw the 2.7 bil and said haaa
where did you get this chart?
it was a great day, wanted to pick up 5's but got 6's. The news once again stupendous thank you. "The Great Satini" does it again
Fortress Financial Group, Inc. -- Hunt Gold Corporation Strategy
Company Confirms It Is Taking a Stand on the Company's Investments in Hunt Gold Corporation
Last update: 2:14 p.m. EDT July 29, 2008
NEW YORK, NY, Jul 29, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) notes that Hunt Gold Corporation has issued a Press Release today which states that Fortress Financial Group, Inc. is playing "hard ball" with them and that they are very likely subject to a takeover bid.
Alan Santini, the CEO of the Company, confirms that "the other good news for our stockholders is that the Company has managed today to repurchase a substantial amount of stock in the market, based on the current price weakness." Full details of these repurchases will be announced in the morning.
Alan Santini can now confirm that he has served notice upon the Board of Directors of Hunt Gold Corporation; as well as the representatives of certain Investment Groups as follows:
1. Hunt Gold Corporation announced that certain Investment Groups had obtained voting rights over 51% of the Company's outstanding stock. They did not, however, acquire the actual stock, just the voting rights.
2. These Investment Groups believed an immediate solution was to resolve the huge difference in the trading price of Hunt Gold Corporation's stock and its NAV per share was to dispose of the Company's interests in "American Molygold" and to utilize an amount of US$10,000,000 of these proceeds to effect a stock repurchase.
3. These Investment Groups failed to factor into account that Fortress Financial Group, Inc. held an amount of circa 483 million shares which are now eligible to have their restrictive legend removed and become "free trading," effectively doubling the "free float."
4. These Investment Groups have been attempting to "low ball" us attempts to purchase our Investment in Hunt Gold Corporation, a situation that we will not tolerate.
5. We have now elected to play "hard ball" with these Investments Groups and refused to accept a price of less than an amount of 2 cents (US$0.02) per share for their shares of this Company's stock. This effectively kills the planned stock buyback in the amount of US$10 million of Hunt Gold Corporation's shares of Common Stock as planned by these Investment Groups. This amount will no longer be sufficient with Fortress Financial Group, Inc.'s stockholding of "free trading" stock. Fortress Financial Group, Inc. holds an additional amount of 1,363,588,873 restricted shares of Hunt Gold Corporation's shares of Common Stock.
6. We have stated very clearly that we are seriously contemplating further purchases of Hunt Gold Corporation's stock, at what we view as "bargain basement prices" in the market, thereby increasing our Company's "free trading" stockholding in Hunt Gold Corporation. We have made it extremely clear that we will refuse to sell these additional shares of their stock, purchased in the market; at price of less than 2 cents (US$0.02) per share.
7. The CEO of Fortress Financial Group, Alan Santini, currently serves as Company Secretary to Hunt Gold Corporation. He has tendered his resignation as Company Secretary with immediate effect, citing conflicts of interest.
Alan Santini, the CEO of Fortress Financial Group, Inc., commented that he was "quite happy to put Hunt Gold Corporation in play to ensure that the best price could be obtained for this Company and that all serious bidders for Hunt Gold Corporation would serve our Company's interests as well those Fortress Financial Group, Inc. stockholders who received stock in Hunt Gold Corporation as a Stock Dividend." Alan Santini added that "Hunt Gold Corporation chooses to see our actions as militant. I see it very differently. I call it maximizing stockholder value for our Company, our stockholders and for Hunt Gold Corporation stockholders."
Alan Santini is very happy to go on record with this statement to Hunt Gold Corporation that he "will not rest until stockholder value in that Company is maximized and if means a Takeover battle, then so be it. Stockholder interests come ahead of these self serving Investment Groups who have not purchased stock to obtain voting control but simply made promises to obtain this voting power; which I now doubt that they can meet."
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. Through the closure of the Trinity Mercantile Finance Group and the Mortgage Bank acquisitions, Fortress Financial Group, Inc. is now expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage and Consumer Lending Divisions" will comprise the vast majority of the Group's earnings in the immediate to medium term.
The Company is utilizing is substantial Balance Sheet of circa US$100 million comprised of quoted and unquoted Gold Mining & Exploration stocks (This is after the payment of the Extraordinary Dividend of US$400 million to stockholders) to aggressively fund a large number of acquisitions in the consumer financial services sector, initially focused in the Mortgage Lending and Banking sectors.
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" or "projected." 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 a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
SOURCE: Fortress Financial Group, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=15BD14969F979306
Copyright 2008 Market Wire, All rights reserved.
Good morning all, nice news.. steady uptrend is sweet
Boys and girls good night, it was a great day. IMO tomorrow we should top out at .001 - .0015 but 0015 imo is stretching it, lets see what awaits us as far as news. It does look very promising to see .005-.01 imo, not tomorrow though. Then maybe this could be one of those stocks that run 200, 300, 400 plus % in a day.
We shall all see how the FFGO phenomenon evolves... good night
100% for the day, amazing! tomorrow .001
if it hits Seven thatll be my little girls name...only kidding who am i george cantstandyou
thank you I have not been following the issue wehi
gapper in the am
Posted by: Eryk Date: Monday, July 28, 2008 12:05:25 PM
In reply to: None Post # of 22376
IMO I predict we touch .0007 today
those 5's could be .00059 buys. before I added 980000 shares at 5 and I got it at .00049 it looked like a 4 sell on my screen.
start rollin 6's folks