Replies to post #53936 on Fortress Financial Group fka FFGO

[chevy56]

oldepro11,

A company sometime ago did a share buy-back, in the end company gave it`s share holders $.69 cents a share, effectively killing off all naked short interest...

The 69 cents was made good to all it`s share holders before closing it`s doors...

Did not save that story, not saying the same thing will happen here, but confident with buy-backs we will prosper...

It`s looked over here, this is different from the pass, share buy-back was not done in the pass....companies will do this to protect themselves before letting on about their business, effectively defeating any future attempts of a take-over...

GLTA chevy56

[Militia Man]

"7. Should Fortress fail or be unable to repay this Loan to St James on or before December 31, 2008; St James has the irrevocable right to immediately take possession of all of the stock in Hunt Gold Corporation held by both Fortress and by Western Diversified Mining Resources, Inc. In that event, Fortress and Western Diversified Mining Resources, Inc. will lose all of its rights, title, claims and ownership to those shares of Hunt Gold Corporation; to St James without any recourse whatsoever."

That is interesting to think if they fail, those of us who have historical rights to HGLC will have less to contend with so to speak, would we not?

Prisoner