Yes, will some one please come up with what this means in terms of the dividend pay out.
This if im not mistaken refers to the BOUSE and SouthCOPPERSTONE mines. Now when they talked of these was it that they was going to sell them for the 9,000,000 dollars sum, that what would be paid in the form of the cash dividend or will it be the sum of the 500,ooo,ooo dollars from aquired gold stocks.
I think if we look at the explanation of Dividend pay outs it refers to the one dividend of being payed out in Stock Dividend. Cause I dont think i can see how the Bouse and Stouth copperstone is connected to the cash dividend.
if so then it would increase, the stock dividend on
10000000 shares FFGO x 0.0234? Goldco stock = $234,000
Somthing like that.
Now will someone do some DD and conferm this if it is right or not? Just speculating !
Company Confirms That It Has Received a 30% Higher Bid for Its Gold Assets
NEW YORK, NY--(MARKET WIRE)--Aug 22, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) confirms that it has received a very substantially higher bid for its "Bouse" and its "South Copperstone" Gold assets.
The Company will announce full details prior to the market open on Monday, August 25, 2008.
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