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Yes, credit card interest goes up! already.... A lady of the Bank of America, she told me, all brand credit cards go roof in September 2008!
I have two credit cards. I notice interest or APR whatever, it goes high! Damn!
I wait to buy some shares of Bank of America stock today or later. Keep watch!
Should I buy Merrill Lynch Inc? I am not sure.
WR
You said, filled at 0.0003. but it showed 0.00029
I wonder Alan earn $ at 0.0001 for buyback or dividend something.
I am curious.
WR
http://maps.google.com/
It has picture of building.
1903 60th Pl E Bradenton, FL
Good Luck!
I think Alan won't give dividend because FFGO stock price went down. Who is fault? maybe shareholders did. I understand No proof! Hard trust in PINKSHEET!
I am late to post up but I would like you read it.
Businessnetwire.us: BusinessNetWire.US: Chat Live About: WEHI & FFGO
10:18 a.m. 08/29/2008 Provided by
New York, NY, Aug 29, 2008 (M2 PRESSWIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO)
BusinessNetWire is part of Stock Profiler.US, LLC's News Division. Stock Profiler welcomes investors to chat LIVE about these stocks and more on their upgraded website with FREE Investor Tools, Live Chats, and much more! Sign up now at www.stockprofiler.us . Companies who want to broadcast their message are encouraged to contact Stock Profiler.US, LLC at (603) 424-4420.
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) closed at $0.0003 Thursday, trading 298,955,024 shares.
Company News- August 27, 2008: Fortress Financial Group, Inc. -- Record Date of Extraordinary Dividend
Wednesday Fortress Financial Group, Inc. announced the following:
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it is in a position to proceed with the setting of the "Record Date" of the Extraordinary Dividend, those being the distribution of the shares of Common Stock in the company being renamed as Hurasu Resource Corporation ("Hurasu").
To read the full news release, go to www.stockprofiler.us , and click the Headline link after entering the ticker symbol.
About Fortress Financial Gold
The Company was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. The Company is now focusing on its recently acquired Trinity Mercantile Finance Group and the Mortgage Bank acquisitions. This will expedite its plans to become a broadly based Consumer Finance Group. The Company's 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$1billion, which is 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 on the Mortgage Broking, Mortgage Banking, Consumer Lending and Banking Sectors.
Market Review: Our Progressive Review of FFGO
05:30 a.m. 08/28/2008 Provided by
Aug 28, 2008 (M2 PRESSWIRE via COMTEX) -- Streetinvesting.com has now resumed our progressive review of Fortress Financial Group, Inc. (PINKSHEETS: FFGO). This Wednesday 27th August, 2008, during early hours of trading, the company was up 25.00 percent with a volume of 216,488,147. Based on the Company's most recent news release; we will be progressively reviewing the impact of the markets and the effects of their developments. We will be providing updates and analyst opinions as new stories unfold.
Make sure to visit www.streetinvesting.com to keep updated and signup for free with no credit card for market reports and analytical plays.
Our research resources have been aimed towards the US Large Caps and the various prospective companies therein Fortress Financial Group, Inc. was among those that we have been closely examining due to their recent news and trading patterns. Sign up at www, streetinvesting.com for more information on the company mentioned herein.
This Wednesday, 27th August, 2008, Fortress Financial Group, Inc. confirmed that it has been advised by Hunt Gold Corporation that it is to pay a stock dividend to its stockholders and in the amount of US$0.0021 per share of Common Stock. This was announced by Hunt Gold Corporation on August 26, 2008 and was a result of the completion of the sale by Hunt Gold Corporation of its Molybdenum interests.
Streetinvesting.com will continue to follow the progress of this company following their most recent news announcement. Visit www.streetinvesting.com and signup free for our financial market services.
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Let us become your number one portal for research and information on the global markets.
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All material herein was prepared by Streetinvesting.com, (Street Investing) based upon information believed to be reliable. The information contained herein is not guaranteed by Streetinvesting.com to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Streetinvesting.com is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. Streetinvesting.com may receive compensation in cash or shares from independent third parties or from the companies mentioned.
Streetinvesting.com's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value.
Streetinvesting.com will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2008 M2 COMMUNICATIONS LTD
URS buys Alaska’s Tryck Nyman HayesSan Francisco Business Times - by Eric Young
URS Corp. acquired an Alaska-based engineering firm in a bid to boost work it derives from the U.S. Dept. of Defense and Alaska pipeline projects.
URS bought Tryck Nyman Hayes Inc. based in Anchorage. The company’s 60 engineers, landscape architects and surveyors serve federal, state and local government agencies as well as private sector clients.
Financial terms were not disclosed.
The deal positions URS (NYSE: URS) to pursue larger and more complex infrastructure programs as well as contracts for the Department of Defense and Alaska pipeline projects.
San Francisco-based URS has bought several businesses to become one of the largest engineering design companies in the United States. One year ago it completed its acquisition of Boise-based rival Washington Group International Inc. for $3.2 billion.
Aug 25, 2008 (M2 PRESSWIRE via COMTEX) -- Bull in Advantage, LLC a.k.a. Redhotpennystock.com names: Fortress Financial Group, Inc. (PINKSHEETS: FFGO)
________________________________________________________________
Fortress Financial Group, Inc. (PINKSHEETS: FFGO - http://finance.yahoo.com/q?s=FFGO.pk )
August 25th, 2008-- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it has accepted a substantially higher bid for its "Bouse" and its "South Copperstone" Gold assets. The buyer will be paying a 30% higher price than that offered by Goldco.
Buyer will be buying out the minority stockholders in both "Bouse" and "South Copperstone" Gold Projects in addition to acquisition of the Company's stake in these two projects. Goldco had not committed to buying these minorities stockholders; hence our acceptance of this new offer.
Goldco is unwilling to match this offer and is therefore no longer an issue. The new buyer is very willing to accept the large amount of new stockholders brought about by this transaction with Fortress and with the minority stockholders in both the "Bouse" and in the "South Copperstone" Gold Projects.
The Buyer will be settling these acquisitions through an issue of their own stock; quoted in the USA. The buyer owns two very substantial Gold Mining Projects which border the "Bouse" Gold Mining Project and are on the same trend.
This will not delay the payments of the Extraordinary Dividend; which has now been increased by 30% in value. The Company expects to be in a position to confirm the "Record Date" of this Extraordinary Dividend, within days.
The Company will be issuing a very detailed Announcement; complete with the filing of a Form 8-K in respect hereof late today.
-----------
CONTACT: Redhotpennystock.com Tel: +1 561 228 1692 e-mail: editor@Redhotpennystock.comn
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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All rights reserved.
If goldco become name with trust, I will support and hold it long term!
I bought at 0.0003 today! have a nice day!
Thanks for a hint! I am appericated it.
Hey V for what? Well, Fideility said that ASK 0.0007 I don't know why.
Last [Tick] 0.0002[ - ]
Change -0.0001
% Change -33.33%
Bid 0.0004
Bid Size 25,000
Ask 0.0007
Ask Size 5,000
Open 0.0004
Volume 179,338,566
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/20/2008
If Alan do pay out dividend every 3 months, I will buy more shares for let stock price up.
I know dream is not easy!
WR
Last [Tick] 0.0003[ - ]
Change 0.0000
% Change 0.00%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0004
Volume 101,957,573
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/19/2008
Not me, Fidelity.com said Ask 7.
You check up yourself!
Last [Tick] 0.0002[ - ]
Change -0.0001
% Change -33.33%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0004
Volume 33,542,607
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/19/2008
Last [Tick] 0.0003[ + ]
Change 0.0000
% Change 0.00%
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0003
Volume 500,406,089
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/18/2008
Last [Tick] 0.0002[ - ]
Change -0.0001
% Change -33.33%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0003
Volume 376,665,833
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/18/2008
Last [Tick] 0.0003[ + ]
Change 0.0000
% Change 0.00%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0003
Volume 375,465,833
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/18/2008
"Redhotpennystock.com Alert"
04:01 a.m. 08/19/2008
Fortress Financial Group, Inc. (PINKSHEETS: FFGO - http://finance.yahoo.com/q?s=FFGO.pk )
Aug. 15th-- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it is in advanced discussions which, if successful, may lead to a very substantial and immediate shift in the Company's strategy. This proposal was only given to the Company on August 14, 2008 and we need to some time to debate the merits of this proposal. It is not unlikely that the Company may now distribute all of its assets to its stockholders.
The Company will update its stockholders on Monday, August 18, 2008 as to the outcome of these negotiations.
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.
Last [Tick] 0.0002[ - ]
Change -0.0001
% Change -33.33%
Bid 0.00
Bid Size 0
Ask 0.00
Ask Size 0
Open 0.0003
Volume 351,745,833
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/18/2008
Monday, August 18, 2008 - 12:44 PM CDT
URS buys Texas' LopezGarcia Group
Austin Business Journal
Two engineering firms that operate in Austin have merged.
San Francisco-based URS Corp. (NYSE:URS) has acquired LopezGarcia Group Inc., a Dallas-based engineering design and environmental planning firm. LopezGarcia employs 200 people in five Texas offices, including Austin. URS is the third-largest engineering firm in the area with more than 50 engineers in Austin.
The terms of the deal were not disclosed.
LopezGarcia works with many state and local governments, which made it an attractive target in a state that spends billions on infrastructure, says Gary Jandegian, president of URS.
"This acquisition furthers our strategic goal of increasing our presence in the Texas infrastructure market which, due to strong population growth and stable funding, is one of the largest and most attractive infrastructure markets in the country," he says.
www.urscorp.com
I can't give you that what I found four symbol ticker for high dividend because I spend four months to search too many stocks. Well, I still continue to search more... in NYSE, others...
Not easy to find best stock!
I have nothing worry about money in FFGO.
I bought NYSE stock which have high dividend. Four stocks awesome. One stock dividend has every month. Whoa!
Good Luck
Last [Tick] 0.0002[ - ]
Change -0.0001
% Change -33.33%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0004
Volume 1,038,554,196
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/15/2008
Last [Tick] 0.0003[ - ]
Change 0.0000
% Change 0.00%
Bid 0.0004
Bid Size 5,000
Ask 0.0007
Ask Size 5,000
Open 0.0004
Volume 1,028,985,196
Day High 0.0004
Day Low 0.0002
Previous Close 0.0003
Prev. Close Date 08/15/2008
You might did solding some shares that means you are basher! EOM
I did bought 0.0001 and 0.0002 for hold it for long term. Well, I had been thru GWGO, GWGD and FFGO.
I am not complain for lose my money but keep hopeful for ride high. That is all.
I go back to work.
NEWS!!! And it doesn't look good for FFGO's divy plans!
Friday, August 15 2008 12:14 PM, EST
--------------------------------------------------------------------------------
Hunt Gold Corporation -- Statement
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 08/15/08 -- Hunt Gold Corporation (PINKSHEETS: HGLC) CEO Mike Saner wishes to clarify a number of issues raised by stockholders.
1. The Private Equity Group bidding for the Company now holds an amount of 93,150,103,500 shares of the Company's stock amounting to 31.7% of the Company's Common Stock. That makes them a very substantial stockholder whose opinions cannot be ignored by this Company's Management.
2. The Private Equity Group has conceded that they will not succeed in their quest in their bid to take the Company private as they are unwilling to raise their bid price of US$0.03 per share; a price which has been rejected out of hand by other substantial stockholders. The Private Equity Group has dropped its bid for the Company primarily due to other substantial stockholders refusing to sell at a price below US$0.20 per share.
3. The Company will not be implementing any stock splits whatsoever.
4. The Company is concluding the transaction to dispose of its "American Molygold" interests to focus solely on its Gold interests.
5. The Company intends to distribute all of the proceeds from the sale of its "American Molygold" interests to its stockholders upon receipt of these proceeds. This has been approved in writing by stockholders holding in excess of 75% of this Company's Common Stock including the Private Equity Group. This is a substantial bonus for all stockholders who have watched the Company's stock price fall to a ridiculously low price. The proceeds will not be utilized to fund a stock repurchase. Management is of the opinion that once stockholders are in a position to analyze our assets, the stock price will recover as a matter of course.
6. The Company is aware that Fortress Financial Group, Inc. is intent to dispose its 483,000,000 "free trading" shares. It is in the major stockholders interests to ensure that these shares are purchased "off the market" from Fortress Financial Group, Inc.; and to that end a deal is being negotiated with Fortress Financial Group, Inc. to purchase their "free trading" stock "off the market."
7. We are acutely aware that this Company needs to provide data on its mining interests and to clearly set out its future plans; if the share price is to recover to reasonable price levels. The Company's Management will be retaining expert Counsel to advise us on a proper stockholder communications strategy as your Company's Management is engaged in the business of Mining and not in the business of stockholder communications. We recognize our failings in this area and we are addressing the issue.
8. The Company is proceeding with its stated intentions of filing to become "Reporting" with the SEC and will update our stockholders very shortly as to the expected date of these filings with the SEC.
9. All future communications from this Company will deal solely with the business in which we are engaged; that being Gold Mining & Exploration; that said, our focus is on the Gold mining interests which are owned by this Company.
ABOUT HUNT GOLD CORPORATION
Hunt Gold Corporation is a Gold Mining & Exploration Company focused on the development and exploration of its Gold properties, namely "Mockingbird," "Ambassador," "Golden Eagle," "Gladstone Lookout," "Lady Alde," "Lookout Silver," "Starlight," "American Flag," "Venezia," "Stormcloud," "Cherry," "Buffalo Limecap," "Red Cloud" and "Federal" interests. The Company is completing the sale of its "American Molygold" 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" 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.
For further information contact:
Hunt Gold Corporation
E Mail: Email Contact
Telephone: (954) 840-6956
Contact: Mr. Michael G. Saner
I won't post news in the future because I feel that shareholders think news then some of them do sell shares Today.
Good Enough to me, I understand now.
Aug 14, 2008 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: Fortress Financial Group, Inc. (Other OTC: FFGO), ING Group (ING), LDK Solar Co., Ltd (LDK), Dr Pepper Snapple Group, Inc. (DPS), Macy's, Inc. (M) and Seabridge Gold (SA)
August 13, 2008 -- Fortress Financial Group, Inc. (Other OTC: FFGO) confirms that the sale of its interests in the "Bouse" and "South Copperstone" Gold Mining & Exploration companies will be completed on Friday August 29, 2008. The Company will receive its shares of Goldco Common Stock on that date. The Company and its Advisors are now in a position to plan the distribution dates of US$400 million in Goldco shares of Common Stock as an Extraordinary Dividend to its stockholders.
August 13, 2008 -- ING Group (ING) ING Advisors Network has announced a series of organizational changes at the network level, resulting in it elevating a number of senior officers in the organization. "After a number of years of phenomenal growth, it is important we review our organizational structure to propel our future growth and continue to help our reps succeed," said John Simmers, CEO of ING Advisors Network. "These appointments highlight one of our hidden strengths, the depth of talent in our organization." The changes, which are effective immediately, are: Mark Marr, 50, becomes executive vice president and chief administrative officer. He will assume additional responsibility for Risk Management, Operations, Information Technology and Strategic Integration. Marr was previously chief financial officer, and was also responsible for the Commissions, Licensing and Registrations, Due Diligence and Strategic Relations departments for ING's four independent broker-dealers.
August 13, 2008 -- LDK Solar Co., Ltd (LDK), a leading manufacturer of solar wafers, announced that it has signed a five-year contract to supply multicrystalline solar wafers to India-based XL Telecom & Energy Limited. Under the terms of the agreement, LDK Solar will deliver approximately 300 MW of multicrystalline silicon solar wafers to XL Telecom & Energy Limited over a five-year period, commencing in the first quarter of 2009 and extending through 2013. XL Telecom & Energy Limited will make a down payment representing a portion of the contract value to LDK Solar. "We are pleased to enter into this long-term supply contract with XL Telecom & Energy Limited, a leading Solar Export company," stated Mr. Xiaofeng Peng, Chairman and CEO of LDK Solar. "With this most recent supply contract we are looking forward to building a relationship with XL Telecom & Energy Limited as well as expanding our presence in India."
August 13, 2008 -- Dr Pepper Snapple Group, Inc. (DPS) reported second quarter 2008 earnings of $0.42 per share compared to $0.54 per share in the prior year period. The Company's results reflect the impact of certain related party transactions with Cadbury that continued until separation on May 7, 2008. Excluding restructuring costs in both years and transaction and separation related costs in the second quarter of 2008, the Company earned $0.60 per share, an increase of 7% compared to the same period last year. Net sales increased 1%, as higher pricing more than offset sales volume declines. Segment operating profit declined 2%, primarily due to the absence of glaceau distribution. Income from operations declined 4%. Year-to-date the company earned $0.80 per share compared to $0.81 per share in the prior year period. Excluding restructuring and separation related items; the Company earned $1.01 per share, an increase of 16% compared to the same period last year. DPS President and CEO Larry Young said, "It's no secret that the beverage industry continues to face significant headwinds. Higher prices at the gas pump and at retailers across the country have impacted our consumers and their shopping habits. At DPS, we will continue to look for ways to leverage our strong flavor portfolio, customer partnerships and vertically integrated business model to expand our distribution footprint and provide preferred and affordable brands to more consumers in more outlets.
August 13, 2008 -- Macy's, Inc. (M) reported earnings of 17 cents per diluted share for the second quarter of 2008, ended Aug. 2, 2008, compared with diluted earnings per share of 16 cents for the same 13-week period last year. Same-store sales in the second quarter declined by 2.1 percent. Second quarter 2008 earnings include two unusual items (described below) that negatively impacted earnings by 12 cents per diluted share. Excluding these items, the company earned 29 cents per diluted share from continuing operations in the second quarter of 2008. The first unusual item relates to the consolidation of three Macy's divisions announced in February 2008, which is expected to save approximately $100 million per year beginning in 2009 (approximately $60 million in savings for the partial year in 2008). In the second quarter of 2008, the company booked consolidation costs of $26 million ($17 million after tax or 4 cents per diluted share). Second quarter 2008 results also include non-cash asset impairment charges of $50 million ($31 million after tax or 8 cents per diluted share) related to private brand trade names acquired in the merger with The May Department Stores Company in 2005. In the second quarter of 2007, Macy's, Inc. earned 29 cents per diluted share, excluding May Company merger integration costs of $97 million ($60 million after tax or 13 cents per diluted share).
August 13, 2008 -- Seabridge Gold (SA) announced the results of the first nine drill holes from this summer's program at its 100% owned Kerr-Sulphurets-Mitchell ("KSM") project, located near Stewart, British Columbia, Canada. These first holes were primarily drilled on the eastern side of the Mitchell zone to upgrade inferred resources and to explore for a possible down-dip extension to the northeast. The infill drilling encountered better grades and thicknesses than predicted by the resource model while the exploration drilling found that better grades on the down-dip extension plunge to the west. Seabridge Gold President and CEO Rudi Fronk said that "our drill program is confirming the accuracy of the Mitchell zone resource model and we expect these results will enable us to upgrade inferred resources to the indicated category. We have also found the down-dip extension of the higher-grade core, which plunges to the northwest within the Mitchell zone. This discovery has important implications for the KSM project." Wall Street ended an erratic day Wednesday with a lopsided loss, as blue chip stocks bore the brunt of investors' concerns over the health of the financial sector. The Dow Jones industrials fell more than 100 points, but the other major indexes finished with single-digit losses. High-tech and small-cap stocks fared better than the broader market, proof that investors were wary and choosy. The market started the day disappointed by the government's retail sales report, and a jump in oil prices further dampened the market's mood. With many investors on vacation, and therefore fewer people trading, price moves were exaggerated. "We're in that part of the summer where volume tends to be light, conviction tends to be minimal," said Joseph V. Battipaglia, chief investment officer at Ryan Beck & Co. The Commerce Department said retail sales slipped 0.1 percent as rising prices helped offset the effect of economic stimulus payments to U.S. households. Excluding a big drop in sales of automobiles, retail sales rose 0.4 percent. But even on that basis it was the weakest showing in five months. Wall Street had expected sales to remain flat after a minor increase in June. The report followed a warning from department store bellwether Macy's Inc. that its full-year profits would fall short of expectations because of slower sales. The retail numbers pointed to a consumer who remains uneasy about spending. And because consumers' spending accounts for more than two-thirds of the economy, the fear on Wall Street is that the nation is in for a prolonged period of slow or even no growth. The advance in oil prices also tinged investor sentiment. Light, sweet crude rose $2.99 to $116 a barrel on the New York Mercantile Exchange after the government said U.S. crude supplies fell unexpectedly last week. Financials, which are well-represented in indexes like the Dow, were weak, but other sectors bounced back from their lows earlier in the day. According to preliminary calculations, the Dow fell 109.51, or 0.94 percent, to 11,532.96 after falling more than 150 points earlier in the session and just under 140 points on Tuesday. The Standard & Poor's 500 index slipped 3.76, or 0.29 percent, to 1,285.83, while the Nasdaq composite index fell 1.99, or 0.08 percent, to 2,428.62.
ABOUT INVESTSOURCE, INC.: WIN an 8 day 7 nights Caribbean Getaway, GO TO: www.investsourceinc.com .
To hear "The Fastest 60 Seconds in the Small-Cap Market," please go to www.ceo-corner.com This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation to buy or sell securities. InvestSource, Inc. has prepared all material herein based upon information believed to be reliable. The information contained herein is not guaranteed by InvestSource, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this release have not given an opinion or approved the statements made in this release.
InvestSource, Inc. is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. InvestSource, Inc. affiliates, officers, directors and employees may also have bought, or may buy the shares discussed in this opinion and may profit in the event of a rise in value. InvestSource, Inc. will not advise as to when it decides to sell and does not, and will not, offer any opinion as to when others should buy or sell; each investor must make that decision based on his or her judgment of the market. Please consult your broker before purchasing or selling any securities mentioned herein. To view full disclaimers, please go to http://investsourceinc.com/php/disclaimer.php (disclaimers).
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(C)1994-2008 M2 COMMUNICATIONS LTD
The SI Report: Our Progressive Review of FFGO
03:52 a.m. 08/14/2008 Provided by
Aug 14, 2008 (M2 PRESSWIRE via COMTEX) -- Streetinvesting.com has now resumed our progressive review of Fortress Financial Group, Inc. (PINKSHEETS: FFGO). This Wednesday 13th August, 2008, during early hours of trading, the company was up 16.67 percent with a volume of 324,055,801. Based on the Company's most recent news release; we will be progressively reviewing the impact of the markets and the effects of their developments. We will be providing updates and analyst opinions as new stories unfold.
Make sure to visit www.streetinvesting.com to keep updated and signup for free with no credit card for market reports and analytical plays.
Our research resources have been aimed towards the US Large Caps and the various prospective companies therein Fortress Financial Group, Inc. was among those that we have been closely examining due to their recent news and trading patterns. Sign up at www, streetinvesting.com for more information on the company mentioned herein.
This Wednesday, 13th August, 2008, Fortress Financial Group, Inc. confirmed that it is in advanced discussions to dispose of its 483,000,000 "free trading" shares of Hunt Gold Corporation Common Stock, with the Private Equity Group currently bidding for control of Hunt Gold Corporation with another unrelated party.
Should the Company obtain a price of US$0.03 per share for these shares, that being the current bid price for Hunt Gold Corporation, this will result in a cash injection of US$14,490,000.
Streetinvesting.com will continue to follow the progress of this company following their most recent news announcement. Visit www.streetinvesting.com and signup free for our financial market services.
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Fortress Financial Group, Inc. -- Potential Sale of Hunt Gold Corporation Stock
Wednesday August 13, 12:35 pm ET
Company Confirms Potential Sale of Its "Free Trading" Stock in Hunt Gold Corporation
NEW YORK, NY--(MARKET WIRE)--Aug 13, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it is in advanced discussions to dispose of its 483,000,000 "free trading" shares of Hunt Gold Corporation Common Stock, with the Private Equity Group currently bidding for control of Hunt Gold Corporation with another unrelated party.
Should the Company obtain a price of US$0.03 per share for these shares, that being the current bid price for Hunt Gold Corporation, this will result in a cash injection of US$14,490,000.
These funds will be utilized in the Company's FICO Enhancement & Credit Repair business housed in California-based, Trinity Consumer Finance, Inc. ("Trinity"), a wholly owned subsidiary company of Fortress Financial Group, Inc.
Trinity is generating extremely large returns on its Loan Book and a large additional cash injection into Trinity will have a very substantial impact upon the Company's earnings.
The Company's Management is of the opinion that the holding of these shares of Hunt Gold Corporation stock do not fit into our strategy and that all of these "non core" assets held by the Company be disposed of and the funds be utilized to grow our existing businesses, businesses that we are acquiring, and to focus on growing our earnings per share.
Fortress Financial Group, Inc. will continue to hold its restricted stockholding in Hunt Gold Corporation for the time being.
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 a "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:
Contact:
Investor Insights
Dick Granieri
Gordon Otter
E Mail : Email Contact
Telephone : 1-800-530-3545
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
Oil prices jumped more than $4 a barrel after the Energy Department said supplies of gasoline dropped by 6.4 million barrels last week, more than three times more than had been expected.
Oil prices jumped more than $4 a barrel after the Energy Department said supplies of gasoline dropped by 6.4 million barrels last week, more than three times more than had been expected.
Right now, Americans are celebrating lower oil prices and foolishly selling off oil stocks.
Why do I say foolishly? Because, as oil executives have said in recent months, $100 is the minimum oil price required to bring new oil supplies online. Any dip below those levels would be self-correcting -- it would mean no new oil to meet growing demand. It would also postpone the development of alternative energies. The result would be that prices catapult considerably higher, very quickly.
Right now, Americans are celebrating lower oil prices and foolishly selling off oil stocks.
Why do I say foolishly? Because, as oil executives have said in recent months, $100 is the minimum oil price required to bring new oil supplies online. Any dip below those levels would be self-correcting -- it would mean no new oil to meet growing demand. It would also postpone the development of alternative energies. The result would be that prices catapult considerably higher, very quickly.
investors who did invest money in USS for short term yesterday and they sell some, Jerk! anyway, I hold it for long term.
WR