Replies to post #118183 on Fortress Financial Group fka FFGO

[gonnagetrich]

Alright folks, status report?? What is going on with this ffgo, is it going forward or what is going on with it?

[parrot head]

From the 8-K: "*Fortress Financial Group, Inc. holds its interests in Bouse Gold, Inc. through its wholly owned Investment Corporation, Western Diversified Mining Resources, Inc. "

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=28544874

Western is investing the arm of FFGO from my understanding, it is also the subsidary of Unitrust which is owned by FFGO.

http://www.unitrustcapital.com/Offshore_Company_Formation.html

The Authorized Share Capital of both of these Corporations has been increased to an amount of 2,500,000,000 shares of Common Stock to facilitate the settlement of outstanding Stock Dividends dated November 12, 2005 and December 2, 2005.

-Bottom line, FFGO owes alot of money to people. I feel there has to be an actual sale of assets to keep their heads above water. I do feel they have used old shares to acquire new companies, but a bottom has been reached and a sale of assets is needed at this point.