Replies to post #135229 on Fortress Financial Group fka FFGO

[copytech]

in the pinks and below YES IT IS COMMON

[tommmm]

So, it's normal to have NO Balance Sheet for a company? No not normal, but very much possible. They are not breaking laws/rules!

It's normal to have Numerous shell companies involving this company?
Please give us proof. I know it and it are not 'numerous' shells involved at all

It's normal for a board to have no ethics?
Uhh? Dont understand this.
If you mean the constant bashing by old shareholder who are frustrated then yes.

It's normal there are no shareholder meetings to vote on company's going ons? Yes (!?) that is where the managment is for. This is normal for every public company.


IMHO, they launder money (I guess that is normal). If you look-up money laundering this company meets ever criteria.

[PeterS237]

Wow !!! We have shares in a money laundering company. Great. Money laundering pays. We should get a gigantic divvy, and we are protected by the mob. I'll be buying some more. Thanks for the news.

[bobbybdb]

tmsocha, Yes it is normal not to have a balance sheet as well as a P&L for companies that have no revenue, they have been operating off shares and loans from the note holders, that is not considered income as it must be paid back plus interest.

This is a exploration and develop of mining and if you look at the SEC rules you will find that the SEC has a different set of reporting rules for exploration companies.

The value of those holdings is not a reporting factor until it is removed from the ground or sold to a mining operation.

This company has reported every material change on the 8K filings.

That of course does not make them a fully reporting company, however it does set the criteria of a reporting (not fully reporting)exploration and development company, that has no sustained revenue.

So bottom line if you are a shareholder "hang on" if not, then you have something else in mind that I cannot address.