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6's will go fast, we will touch 7 bid 8 on the ask imo
whats driving the vol on wehi?
nice 5 volume.. i feel 6's coming back very soon, no one will have a choice but to buy 6's and beyond.
nice 1/2 mil was just won by a cnbc portfolio player
IMO I predict we touch .0007 today
looks to be a 2 bil plus vol. today.
one third of a bil vol. & the day just started. VerY nice!!
GM ALL, it is going to be a great day.
I think that in this pr the latest count would have been included. Many here have said that he may want to buy up the float in its entirety, that would expose naked short shares and a huge squeeze can or may occur. We shall see the outcome hope many of us are able to hold out thru the full ascend.
just re-reading 27. HOW MANY SHARES DOES THE COMPANY BELIEVE TO BE IN THE "FREE FLOAT":
The Company believes that the number of "free trading" shares in the
float is not higher than 3,642,344,560.
NEW YORK, NY, Jul 25, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that its CEO, Alan Santini, owns 1.5 billion restricted shares of the Company's Common Stock and an additional amount of 2.4 billion shares of the Company "free trading stock."
****so let me get this straight according to these two paragrahs we have a float of approx. 1,242,344,560. our float is miniscule with the amount of shares that we hold. This is getting better...
Good morning all, so are we all excited by our FFGO? is it Monday yet?..... have a great weekend all and keep up the good post.
over, I have to say you are a good writer, man I wish we could get real positive input, DD from you. Have a nice weekend.
3'sssssss have a tremendous weekend all :))
ameritrade LII does not show stinky pinkies although this pinkie is as sweet as a twinkie...it still will not show on LII
Good to see Sterling here too...the man is a DD machine
"The Great Santini" sounds cool. Keep buying Great Santini...
I was thinking we could see 4 on the ask today but your thinking 5? VERIE NICE!!!
DUST i must thank you for your LII posts
Here we go...Fortress Financial Group, Inc. -- CEO Stockholding
CEO Confirms That He Is Restricted From Selling Shares of the Company's Stock
Last update: 11:52 a.m. EDT July 25, 2008
NEW YORK, NY, Jul 25, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that its CEO, Alan Santini, owns 1.5 billion restricted shares of the Company's Common Stock and an additional amount of 2.4 billion shares of the Company "free trading stock."
Alan Santini has filed Form 3 and Form 4 with the SEC in respect of these holdings.
As an insider, Alan Santini is not permitted to sell more than 1% (320 million) of the amount of the Company's outstanding stock, every ninety days, and furthermore has to disclose and file with the SEC on every sale or purchase of the Company's shares of Common Stock that he makes.
This statement is issued in response to those who assume that Alan Santini may be a seller of the Company's stock.
Alan Santini has confirmed to our Board of Directors that he undertakes not to dispose of any stock, nor does have any desire to do so.
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 its 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 company's 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=14B0DBE879F7D5F1
Copyright 2008 Market Wire, All rights reserved.
Very nice!!! the pr was great, volume is terrific, we are setting up for a nice run
saw some threesssssss
Thank you
2's were flying there..nice. Any MM's on the 3?
GOOD MORNING all, Janice Shell is here yikes, now we have a first class run on the way. FFGO goooooooo
2's are up and lets hope the A.S. is buying, a little buying pressure goes along way
GM all, openning bell is here.....
pnk you sound like seinfeld when he had to confess that he watched 90210...lol
can someone tell me the volume at 2 for the day
wooo whooooo just saw the 2 finali
Half a billion just about served, not bad on a slow day.
even BKMP had a uptrend once upon a time. These FFGO pr's are powerful, we will have our day
even USXP went from .0005 to .04 i caught a little of that action not the entire action but some.
did you know, you can tun-a-piano but you can't tun-a-fish? I am enjoying the post folks.
Get some 2's folks plu-ezzzz
it went up a third at a time of course it had its daily peak then it took several days for it to go back down to 1. In my experience stocks that pick up momemtum usually go for about three days with good news, then back off. If the good news continues then after it sells off to about half of its run itll pick up again and go higher. we will see how this ascends. With todays news it looks like our CEO is very serious about the company and its future.
all this waiting reminds me so much of cmkx and then one day it wen to 3-4 then on the third day it hit 0012. there is definitly a difference here this company does have assets, real assets. Keep up the buying santini lets get this stock up to its real valuation, your stated valuation.
one's will be gone sooner than later now..
thanks Trader and there goes a mil at 2.. nice!
could someone tell me how much volume went thru at 2? since it looks like the high of day. thanks in advance
Posted by: TAKI Date: Monday, July 21, 2008 8:45:41 PM
In reply to: None Post # of 1158
FFGO.000x.0001.I like the news bigly today.NET ASSET VALUE PER SHARE IS .0153.YET THE STOCK TRADES AT.0001.SOON I THINK THAT WILL CHANGE.AS THEY KEEP BUYING BACK MORE SHARES THE .0001 WILL BE HARD TO GET BUY FILLS,IMO,THEN BAMMMMMMMMMM SHE WILL GO IMO.LOOKING FOR .0005 TO .001 RANGE.WILL SEE WHEN IT COMES.
Stock is dirt cheap imo.Fair value for now should be .001.Imo.
The Company repurchased an additional amount of 1,986,388,992 shares of its "free trading" stock at a price of US$0.0001 per share on July 16, 2008, July 17, 2008 and on July 18, 2008. The Company will be instructing its Transfer Agent to cancel these shares of its Common Stock. This represents a further 5.63% reduction in the Company's shares of its outstanding Common Stock. These repurchases were settled in cash.
The Company's outstanding shares of Common Stock as at July 21, 2008 are now in the amount of 33,295,377,817. The Company had as at July 21, 2008, reduced its outstanding shares of Common Stock by an amount of 43.8% in the last month.
The Company will continue to repurchase "free trading" shares of its Common Stock today, being July 21, 2008 and will continue to do so, thereafter.
The Company's Net Asset Value per share as July 21, 2008 is now in the amount of 1.53c per share of the Company's Common Stock. The trading price of the Company's stock as at July 18, 2008 was in the amount of US$0.0001 per share. The value of the Company's stockholding in St James Capital Holdings, Inc. and the Company's intangible assets have been excluded from this calculation.
The Company is in discussions with a large number of interested parties to dispose of its indirect stockholdings in Hunt Gold Corporation for cash; and in the amount of 483,750,099 shares of its stock; and at a price of no less than 2c per share. This will value this stockholding in the amount of US$9,675,002. The Company has however used Hunt Gold Corporation's trading price as at July 18, 2008, being US$0.0055 per share, in respect of its Net Asset Value per Share Calculation.
The Company directly owns an additional amount of 1,363,588,873 restricted shares of Hunt Gold Corporation Common Stock. At its closing price on July 18, 2008 of US$0.0055 per share, this holding is worth an additional US$7,499,738.
The Hunt Gold Corporation stockholding owned by the Company is currently worth as much as five time times the Company's Market Capitalization as at July 21, 2008.
The "break up" value of the Company, as at July 21, 2008 is now at least 152 times its current market price.
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 very detailed Form 8-K with the SEC on Monday July 21, 2008 in respect of the share buybacks on July 16, 2008, July 17, 2008 and on July 18, 2008; as well as setting out a very detailed explanation of its calculations in respect of its Net Asset per Share.