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Tuesday, August 12, 2008 12:40:20 PM
Here's another one:
In a PR released by FFGO this morning, Alan attempts to address the short position in the stock by making the shorts agree not to sell under a price of .002. He says this will prevent a "TRADING HALT."
If FFGO's trading is halted, what will happen to HGLC??? We're basically halted now anyway, even if it's not official.
Fortress Financial Group, Inc. -- Resolution of Short Position
NEW YORK, NY -- (Marketwire) -- 08/12/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that certain substantial stockholders who own in excess of 5% of the "free trading" shares of the Company's Common Stock have agreed to sell sufficient stock into the market at a price of no less than US$0.002 per share, in order to eliminate the short position that may exist in the shares of the Company.
This is being done to prevent a potential "Trading Halt" on the Company's stock which would not be in the interest of the Company's stockholders.
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