Replies to post #128165 on Fortress Financial Group fka FFGO

[pblue]

I was mistaken on A/S it was recently raised to 85B. 16B of 85B is 18.8% of new A/S or 21% of old A/S of 75B.



Posted by: pblue Member Level Date: Tuesday, June 22, 2010 3:46:44 PM
In reply to: TomFausett who wrote msg# 128162 Post # of 128166

Reg 13D says "acquisition of more than five percent of a class of equity securities". Is outstanding shares a class? I thought common stock was the class. That would mean authorized shares of common stock. 16B of 76B A/S is still 21%.