Replies to post #110711 on Fortress Financial Group fka FFGO

[Fire Lane]

LOL Interesting, the writing style from the IR is exactly like lumbs. does anyone else find that interesting?

[Fire Lane]

funny in one sentence he states that the company will distribute alll of the proceeds and then in the next he states the company will retain all of the proceeds LLOLOLOLOLOLOL

[nobreakinsite]

Got just one question.They confirm they will be retaining the proceeds except for the 4 million in debt to the loan note holders.

What does the shareholders and the owed dividend holders get? Maybe its just the way I read it but it sounds a little one sided.

[JPD3]

How would they possibly take $4M off the proceeds unless it is CASH proceeds??...Some ppl might get the surprise of a lifetime if cold cash hits the table!!

-PD

[FFGO-Gold]

DaveBo - Did you get any info regarding Peter's ongoing status with FFGO?

I heard from someone else that the IR guy said that Peter was going to step-down from the finalization process.

This info was from a third party so I don't know if it is confirmed or not.

[Texan77]

wow i missed that, thats ah thats ah very very nice , yes by all means "clarify the issue" LOL wooo hooo !

[Militia Man]

This is huge!! TEX what say you!! 7:00 am Tweet Chirp Spring Birds SMELLS GOOD .. lol

"We have advised the Company that they should prepare and to disseminate a Press Release in order to address the shareholder concerns about the distribution of the proceeds from the sale of the Company’s Gold Interests, as Special Dividends. We anticipate that the forthcoming press release will be issued by morning at the latest and that it will resolve the uncertainty in respect of the Company’s policy in respect of the sale proceeds. We have been advised by the Company that it intends to distribute all of the proceeds from the sale of its Gold Interests to its stockholders in full. The Company has advised us that they have publicly stated that this will be their policy and that their policy remains unchanged. The Company confirms that they will be retaining the proceeds and that the only deduction from the proceeds will be to settle outstanding Loan Note Holders of circa US$4 million."

[TLHamand]

is FFGO running out of adjectives?

no longer "Extrodinary" now it's just "speical"

"shareholder concerns about the distribution of the proceeds from the sale of the Company’s Gold Interests, as Special Dividends."

Can't you tell that the style of writing is the same as every PR they have ever written?