Replies to post #62991 on Fortress Financial Group fka FFGO

[radar72]

I think it will just sit here at .0001 for a year or more until people stop paying attention to it and then it'll get pumped up once again with a new batch of shareholders.

[Zorax]

<** EDIT 1:38pm> I may not be an accountant, but allow me to point out a few layman things I may be correct on...

To file bankruptcy a company would normally:

Have an ongoing documented income from their operations so they could show losses ...
- gwgo/ffgo = never seen financial

Have creditors to charge losses against ...
- gwgo/ffgo = there are no known creditors as lumb owns all companies doing business with ffgo. If lumb can bankrupt his own subsidy against himself, more power to him.

Large percentage of most small business bankruptcies have a tax burden which usually has to be addressed early on as well.
- gwgo/ffgo is a known OFF SHORE entity, DBA is USA, but corporate address is off shore ... St. James.
Lumb isn't even paying taxes here I bet.

If any of my remarks are true...
THE BANKRUPTCY CLAIM IS MOOT!

<**> I also think this post is spot on!!

Posted by: radar72 Date: Thursday, October 23, 2008 1:02:19 PM
In reply to: puppydotcom who wrote msg# 62991 Post # of 63004
I think it will just sit here at .0001 for a year or more until people stop paying attention to it and then it'll get pumped up once again with a new batch of shareholders.