So is this important 7/10/11? Why would they now try and be reinstated if they have no assets, and are now claimed as dormant? Please read the company FAQS again. http://www.fortfinancegroup.com/faq.html ---------------- Will Fortress continue to provide Investor Relations support, issue Press Releases and continue day to day communication with its stockholders?
No, the Investor Relations support currently being provided will cease in and during September of 2010. This extends to incoming E Mail and telephonic messages. At such time as the Dividend dates are set, stockholders will be advised by E Mail and through a Form 8-K Filing by Fortress.
Fortress has no cash; its Lenders are ceasing financial support, as previously announced. This means that any such support simply cannot be provided to stockholders. Fortress will now become dormant and no deal is likely to emerge to change this status, primarily due to Fortress being a delinquent filer with the SEC and is therefore an extremely unattractive “Reverse Merger” Candidate. In any event, Fortress cannot and will not entertain any deals of any nature until the dividend process is completed at a future date. In short, Fortress has now become dormant.
There is absolutely no doubt that at some point, the SEC will move the listing of Fortress from that of the OTC Pink Markets, Inc. to that of the “Grey Market” as it is a delinquent filer and does not qualify to become a “Non Reporting” Company due to the size of its stockholder base.
Does Fortress hold any other assets of whatsoever nature?
No, it does not. Its sole assets were its shares of Bouse Gold, Inc. and South Copperstone, Inc. common stock; now disposed of to NMGL. These shares were held by Western Diversified Mining resources, Inc. (“Western”), a wholly owned subsidiary company of Fortress.
Western (and Fortress) now only hold the NMGL Preferred Series “A” and Series “B” shares. These will be distributed in full as a dividend to stockholders on the Record Date in due course. Certain of these NMGL Preferred Series “A” and Series “B” shares owned by Western/Fortress will be transferred at face value to Sloane Investments, Inc. to settle all debt owed by Fortress/Western to Sloane Investments, Inc.
"The company spent time and money to get the 8-K's filed and all of the necessary paperwork submitted to Wyoming and the SEC to set the dividend in motion."
That's like telling someone about a book and leaving out the ending.
So what happened after whats mentioned above? Well they stopped filing 10Qs, 10Ks, business licenses, etc. and LET EVERYTHING DIE OFF.
So why did that happen?
A) They made enough money from the shell. Or.. B) They realized they don't have anything valuable to sell. Or..
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