Replies to post #185461 on Fortress Financial Group fka FFGO

[puppydotcom]

clearly much of the posting in regard to the 3% liquidation was stated as earning interest while waiting on the divvy to be issued
and those statements are completely incorrect ..


FFGO common share holders have earned nothing .. because they hold only common share of FFGO

[SevenTenEleven]

FFGO - We are not getting a 3% liquidation preference. We are earning a 3% dividend preference.

The $0.003449 liquidation preference is what would be triggered by the sale of the mines. The 3% dividend preference is based upon the $0.003449 liquidation preference. At 3% annually, that equates to $0.0001347 per common share of FFGO. Which is more than double a $0.0001 per share initial investment.

Regardless what the cash is called, if we get paid the $0.0001347 per common share, NMGL may have it structured as a dividend on the preferreds, and I am calling it "annual interest" I am earning on my initial investment of 103.47%.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68208323

Good Luck!