Fortress Financial Group fka FFGO

[Dich]

OLD but interesting reading..look at the names

Fortress Financial Group, Inc. - Hunt Gold Board Appointments
17.03.2008 | 19:50 Uhr
Fortress Financial Group, Inc. - Hunt Gold Board AppointmentsNEW YORKNY-FORTRESS-FINANCIAL
NEW YORK--(BUSINESS WIRE)--
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that Hunt Gold Corporation has today announced the appointment of Mr. Michael G Saner to its Board of Directors as that Company's Chief Executive Officer and that Mr. Ronald Y. Lowenthal has joined that Company's Board as a Non Executive Director.

The Board of Directors of Hunt Gold Corporation has appointed an Advisory Committee headed by Professor Wayne P. Colliston and includes Mr. Michael H. South and Mr. Peter J. Cronshaw. Hunt Gold Corporation intends to announce further appointments fairly shortly.

Fortress Financial Group, Inc. holds circa 48% of the outstanding stock in Hunt Gold Corporation, this stockholding being worth some US$1 billion to Fortress Financial Group, Inc. at the current stock price.

The Chairman of Fortress Financial Group, Inc., Mr. Peter J. Bezzano remains as the Non Executive Chairman of Hunt Gold Corporation.

Mr. Alan Santini, the Chief Executive Officer of Fortress Financial Group, Inc. said that he "was highly delighted that Hunt Gold Corporation had appointed such a hugely talented and extremely experienced Mining Team to its Board of Directors and to its Advisory Committee and that he was looking forward to Fortress Financial Group's investment in Hunt Gold Corporation becoming even more valuable; as this Mining Team exploits the huge potential of the Gold Mining & Exploration assets of Hunt Gold Corporation." Alan Santini added that given the importance of Fortress Financial Group's stockholding in Hunt Gold Corporation, he pledged his full support to the new Board of Directors and the Management Team of Hunt Gold Corporation.

About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. is primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities. It has just announced the acquisition of Moneyworx, Inc., a reseller of MasterCard prepaid USA Domestic and International Prepaid Debit Cards. Fortress Financial Group, Inc. will be launching its own label 'Fortress' International Debit Card in the second quarter of 2008.

The Company operates through Fortress Card Solutions, Inc. and Moneyworx, Inc. The Company will be shortly be establishing an office in Nassau, Bahamas; primarily to service our High Net Worth 'offshore' cardholder base.

The Company is utilizing is substantial Balance Sheet to aggressively fund a large number of acquisitions in the consumer financial services sector.

Fortress Financial Group, Inc. (formerly Great West Gold, Inc.), was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company retained these Gold Mining Exploration interests as portfolio assets. The Company holds circa 48% of the outstanding stock in Hunt Gold Corporation as an investment.

The Company retains it interest in the 'South Copperstone,' and 'Bouse' Gold Mining Exploration properties, at this time. These two remaining interests will be exchanged for shares of Common Stock in a USA Gold Mining & Exploration Company, in the immediate term.

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.