here;
Fortress Financial Group, Inc. - Long Term Debt Nearly Extinguished
LAS VEGAS, NV -- (Marketwire)
06/02/10
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has settled an additional US$1,190,000 in its Long Term Debt. The Company has, this year, now retired a total of US$3,980,000 of its Long Term Debt. As of today, the Company's long term debt has been reduced to US$305,855.65 plus accrued interest. This will be settled in full from the proceeds of the sale of the Company's Gold Interests.
The Company will be filing a Form 8-K and a Form D/A today in respect of these corporate actions. The Company will not, nor is it in a position to, issue any additional shares of its Common Stock under any circumstances.
These actions do not affect the Company's stated pricing guidelines in respect of the sale of the Company's Gold Interests and as set out in the Form 8-K filed today. The Company had factored these corporate actions, the settlement of its Loan Note Holders as well as the results of the recent audit of its stockholder register into its calculations prior to providing these pricing guidelines to its stockholders
I supose with a strict interpritation the authorized aint issued yet LOL
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