Fortress Financial Group fka FFGO

[Dich]

Vianna,
Based on the FAQ when do you think they will declare the div.?

My answer to that is as I wrote earlier (pasted below) That there is no way to tell as it seems we will be waiting for NMGL to buy out all the remaining Bouse & S. Copperstone shares from whomever prior to FFGO issuing the distribution ofthe A & B's. Whats your take on it?




Posted by: Dich Date: Wednesday, September 08, 2010 2:20:47 PM
In reply to: tmsocha who wrote msg# 159692 Post # of 159719

The FAQ states that the div will not be declared until NMGL aqqires the balance of Bouse and S. Copperstone. Yet according to the 8K issued by NMGL today, They ordered their transfer agent to issue the prefered A&B shares to Western for payment. So Am I correct that FFGO will simply sit on the shares till when ever Ronnie (NMGL)finishes doing his whatever, which could be forever from now?? Why can't FFGO declare the div. if they already have the shares from NMGL??