Replies to post #207850 on Fortress Financial Group fka FFGO

[Militia Man]

Are we going far enough back in time to give accurate data about WAGI/GWGO/FFGO? Did FFGO (present) need to offer the Assays? Are the earliest valuations offered about FFGO assets from NMGL? I don't think so. The Colliston data was wasn't it? The Detachment Fault data, I dont see a mention of it?

So if we don't take that report into consideration and we don't have the data to show eveyone, how would it be considered meaningless? Leave it to the Attorneys to figure out? For what? After 8 years, if the Attorney's don't have a case what makes us think there is one now? Using FRAUD, as a big word, when it comes to manipulation of the minds is interesting. If telling me that I should write off my shares because of " Potential" or " Hypothetical" Fraud is to be taken seriously based on assumptions and allegations is thte right thing, I find it very suspect.

Please provide the emails from Edgars and the filings to show differences. Please point out in writing that NMGL needs to acknowledge anything as far as the A-H conditions are concerned.

Good thing NMGL has legally fulfilled what they had legally committed themselves to do which was a deal in purchasing BGI and SCI shares from WD.

Lets keep in mind they don't need to buy. EVER! They are a Broker of sorts.. Why should they agree to buy the shares when they are a broker? Never to hold title to any assets in the first place? They wouldn't and don't need to.

(As for having to plea to anything? Once $.003349 div is paid who cares..? Lol Uh, Oh your Honor, we feel that since we thought Mr. Ronald Yadin Lowenthal didn't know what he was doing we should not have to cover well over two years of 90% FINRA short volume.. Duh!

Start ups (miners) rarely make money? Whats the point there? Exploration companies need money to be a going concern on the basis that there may be an asset in the future. Nothing any pink stinky player doesn't know already, risky business. (I still don't see an argument to write off my shares for a tax loss.) Do you?

What data was provided on Bezzano? Where is it that there are From 4s showing that insiders sold all their shares? I just don't see them? I see a lot of 8ks and ones that specifically detail $258 mil in divs.. The ones that show Class A and B Preferred shares? The ones where Mr. Bauman gets royalties that are staggered up to $2,500 oz. Those the ones? lol

So the elaborate filings that are at length in the SEC hands after 8 years are just a FRAUD? Is that what we are to think after 8 years and no form 4s filed by insiders to show selling shares in a tune of 75 billion? But they state the 75 billion shares in the filings are valued at $258 million? Are we to then also state that by that the SEC is a Fraud, by if not covering up one criminal activity they are covering another?

We all know that getting WY paid up is easy.. No brainer.. Do we think that WY would not allow a re do of paper work to get the taxes on $258 or more? lol Yup.. Small town WY.. :-)

Looking into mining claims is all good but have no baring on what may or may not be in the ground, especially when a company chooses not to do so. When if they so choose is on a need to know basis. Like it or not that is the way it is in stinky pinky land, we all know that.

What we all don't know is why the FINRA numbers for many years were at all time highs.. I'll go so far as to say there is not one out in Stinky Pinky Land that even comes close to FFGO. TWO years running over 90%! Think about that. Two years running and 90% each and everyday the aggregate short volume is documented.

Why is that not addressed by the Attorneys? Why are they not looking at the facts that are in Black and White. Why are not the legal pros calling me, others and asking why were our/your dividends not paid on time, who got them on what day and what time, what brokers staggered more than others, why were they not paid the same day being we have electronic trading? After all these years, it is not going away.. Writing down shares will only add to the pain. I know many that have and they are ticked off.

As the issue gets pushed out, it gets deeper and deeper.. Be sure, I am not going away or writing down my shares on a tax loss, EVER!

[OldBen]

Thank you, it is true that we do not know what was said between FFGO and NMGL. There never was an absolute commitment to buy or sell 100% of the gold mines. To date, we have less than 50% of both mines purchased. No minority shareholders have sold their shares of Bouse or S. Copperstone. We don't even have one party that owns 100% of the mines. We need one party to own 100% of the mines to sell 100% of the mines. Then we need to hope that it will finally be a cash sale, not another share swap.

I had believed that there would be pressure and leverage from Sloane, NMGL, and others who will not receive cash until the mines are sold. I had also believed that the 3% liquidating dividend would put additional pressure to bear. I believe there is also a late penalty payment of over $1 million if the mines were not sold in a year from the sale date of the mines. The details are a little foggy on this $1 million or so payment. I know I saw it on one of the filings at some point. If someone remembers and can link it, that would be nice.

I thought that the principals, 3% annual liquidating preference, $1 million penalty, and NMGL turning over a profit would all provide pressure and incentive to buy 100% of the mines and sell 100% of the mines.

Those theories are at risk after 2 years. Perhaps, NMGL wants to allow the dividends to expire through dissolution or neglect, so, it doesn't have to pay any dividends to FFGO shareholders?? I don't see any evidence of fear or 3% interest being paid. I haven't seen ANY progress of anyone buying the remaining portion of the gold mines. We have to buy 100% of the mines before we can sell 100% of the mines.

Otherwise, we can go after the 50% that is sold, namely, the FFGO portion. We can sue on the FFGO portion. FFGO alone made the promises to us in press release after press release. NMGL did also make some commitment also.

Ronald Lowenthal had to know about the FFGO FAQ page. He never did make a disclaimer and had to have SOME reason for filing an SEC filing to exchange NMGL A&B's for FFGO shares.

As far as gold valuations...I will look into mining claim valuations. Going back that far is a problem in the first place. I don't think concrete proof for the valuations were ever released to the public. We were left to reason that if a company would pay $258 million then it must be worth over $500 million if you bought the entire mines. I guess I am optimistic that Bouse and S. Copperstone could be worth some good money. I cannot prove my optimism in a concrete way. I can point to Copperstone mine and Bonanza mining companies results. This has been linked in the past before. Yes, next door neighbors are no guarantees, but, I guess I have some optimism.

Thanks for your links to possible gold values from you and Oldminer. Unless we get the actual assay reports that do exist, it is all guesswork. Maybe, they can be compelled by court order if they are needed to help determine damages for a possible settlement. The "entity details" of the gold mines were actually included in the email I sent.

My optimism runs low when I consider the possible reasons for the lack of progress on ANYONE buying ANY portion of the gold mines in the last 2 years. It could take a year or two AFTER that to SELL the gold mines after the purchase they have been purchased.

Time is running out, we need some REAL leverage to get something done, it appears.