Replies to post #163817 on Fortress Financial Group fka FFGO

[tmsocha]

It is up to the Board of Directors of NMGL if MAY sell them.

Let´s revisit the August 12, 2010 8-K of FFGO:

Section 3 North American controls your shares, you do not! You have no say or rights what so ever in the company

Let us look at Series A Preferred Stock, as the "Bouse Liquidation Payments":

Section 4: Your stock has NO VOTING rights!

Section 5: On or After January 1, 2011 it is up to the Board of Directors if you may sell your shares in North American.

[Dich]

I believe it actually states somenting along the lines that they will not redeem the shares until after Dec 31st, but if they are tradable you should be able to sell them. The big question is when will NMGl complete all the tasks that were outlined in the FAQ so FFGO can declare the div.?