Fortress Financial Group fka FFGO

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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: [phone]



SOURCE: Fortress Financial Group, Inc.
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