Replies to post #148547 on Fortress Financial Group fka FFGO

[ordinarydude]

Those sources are a little hard to come by, TLHamand.

Fact is, us shareholders are getting hosed by Lumb.

Ordinary

[AlanC]

TLHamand: There are only two things that are guaranteed in this life and those are death and taxes. Anyone who is looking for guarantees should not be buying this stock or any other stock, period and that is a fact! We have been told that we will be getting an extraordinary dividend which will generate a return of roughly 3500%. We have been told that return is coming from the sale of gold resources being sold in the State of Arizona which Vianna and others have posted the proof that these resources do in fact exist. We have been told that the buyer is buying all shares including those given previously as dividends to long, longs as they want to be 100% owners. We know that this committment equates to a total purchase price of roughly 1 Billion dollars. We also know that the dividend we are to receive will be either all cash, a combination of cash and stock or all stock but the stock will be in a fully reporting company.
We also know that there are not a lot of companies with the resources needed to accomplish a purchase of this size and one of our posters provided a list of possible candidates all of whom as I recall were listed on the New York Stock Exchange. So that is what we know and the rest is speculation:
We speculate since we have not been told this by the company that regulators may in fact have given some conditions to management as to what they can and cannot say and how this will play out.
We speculate that the regulators told the company they could not tell us that the dividend was cash because if they could it would attract a huge number of buyers.
We speculate that the regulators insisted that the company go into a dormancy period following the dividend for an unknown period of time to try and prevent at least temporarily a monstrous short squeeze.
We also speculate that as part of the deal Sloane is being allowed to buy up to 15 billion shares on which the dividend will be paid. (I consider this to be punitive damages against those who tried to bankrupt the company but that is just my personal opinion)
So there you have it a combination of facts and speculation none of which is guaranteed. This is a high risk high reward situation and noone should buy more lotto tickets than they can afford to lose because as we all know at the present time our markets are not well regulated and subject to lots of manipulation. That being said I have my tickets and look forward to August 12th! Go FFGO!!!