Replies to post #147650 on Fortress Financial Group fka FFGO

[SevenTenEleven]

Remember, according to FFGO's PR regarding Sloane, they could buy up to another 15B shares of common stock. That is roughly 20% of the issued and outstanding. So that means only 3% would be held by us "common" common shareholders. You know, the ones Lumb would never want to give 30 times our investment to!

[bobbybdb]

For that very reason those shares were issued un registered (SEC form "D") and I believe will be bought back by FFGO for the .0034+ then retired.