Replies to post #191925 on Fortress Financial Group fka FFGO

[AlanC]

What effect will what is going on at Penson who clears for several brokerage firms worldwide have on FFGO? If you are unaware Penson stopped clearing or allowing any of the brokerage firms they traded/cleared for to trade in any stock selling for .10 or less. Penson now has announced it is attempting to sell its operation in both Canada and the United Kingdom. Are they following in the footsteps of MF Global and is a bankruptcy filing next? Was deepcapture correct in their assessment?
Will anyone actually step up to the plate and buy? Will the taxpayers end up backstopping them? This news certainly effects FFGO as well as many shareholders whose brokerage firms used them to clear. Stay tuned I am sure we will be reading lots more news on this as it develops. Go FFGO!!!
Dividends of 3400%+ are awesome!

[ctrumabll]

Did you ever change the part where you were asking for pro bono representation? Because that must have got a lot of rejection...

[Texan77]

i dont buy your deal; smoke and mirrors for shorty,not a long view better rethink that after reading the nmgl deal again.

[Fire Lane]

It was a good draft. in my opinion it was short on a couple criminal defendants. the missing persons of course are Capos

[puppydotcom]

FFGO received compensation for the gold mines in the form of NMGL A&B's, but, did not pass on any dividend to FFGO shareholders.

sorry, this part of the post is incorrect.

FFGO never received real compensation because the shares were unregistered ( worthless paper ) ( part of the weasel clause )

FFGO received the UNREGISTERED A & B's from NMGL, and NMGL took the original WD stock in exchange.

at this point the deal was over for the insiders of this fantasy .0034 divvy deal ( NMGL now had control of the original WD stock )

Since FFGO (knowingly and willingly refused to file one single required periodic SEC report and issued/sold 75 BILLION shares into the market ) and NMGL insiders knew the SEC was moving to revoked FFGO ( as expected by the insiders but surprised it took so long ). They simply canceled the NMGL UNREGISTERED A & B shares and kept the WD stock when the official notice of the SEC suspension of FFGO = deal canceled by default

the note holders were Sloane Investments and Searchlight Exploration ) ( Sloane investments, now dissolved - and has most likley already transfered the note to searchlight ) Searchlight & partners now has total ownership and control of the mines

FFGO will never be heard from again

No divvy will ever be issued

the weasel clauses gave the rights - for the note holders to reclaim the mines

this hyped up fantasy .0034 divvy was set up to fail from day one

refereed to as the, Hook, line and sinker plan ....


this was FFGO/NMGL XMAS present to all FFGO share holders

a bag full of worthless revoked FFGO stock