Replies to post #208125 on Fortress Financial Group fka FFGO

[OldBen]

Still haven't heard of anyone writing off their shares for any reason while there is still some chance of a positive outcome!!!

[RoadLessTraveled]

Why would anyone care what FFGO-ers do with their shares anymore when absolutely all chances of them getting a dividend based on the BGI & SCI proceeds will unquestionably come to an end on March 12?

There is certainly no longer any question that when Bouse Gold Inc. & South Copperstone Inc. are both permanently dissolved on that date and all their shares are legally nullified, that NMGL will no longer have anything left to sell to cover their A & B Preferreds.

Of course, President Ron Lowenthal may have some "splainin' " to do as to why he didn't at least liquidate those quarter billion dollars worth of BGI & SCI shares NMGL had bought from FFGO in order to get some funds for a dividend payment of some kind, even if no one was willing to pay the full $280,000,000 or so that they were purportedly worth back when they were sold over 2 years ago in December 2010.

All these fantasy write-off accusations serve no more than a distraction from the true reality of the dividend's inevitable fate next year. Perhaps time would be much better spent reminding Ron of the ever decreasing window of opportunity for that liquidation process to be completed.

Shouldn't someone want such valuable gold mining assets...even at a bargain price?

What shareholder at this point wouldn't be happy to settle for say, maybe a 1700% payment now rather than the guaranteed 0% after March 12?

Remember, NMGL President Lowenthal is still Executive Chairman at GNCC Capital, Inc (GNCP), which means he can be reached at [e-mail]. It certainly wouldn't hurt to email a reminder to him along with your support of his tireless efforts to fulfill NMGL's part in the Dividend Process.

Otherwise, on March 12, 2013, all that will be left of it will be all the documented dividend payment promises made by FFGO management which will all finally be exposed as lies.

I mean, what other possible rational explanation will there be other than that? The evidence by then will be incontrovertible.

Whether shareholders will ever be able to get justice for such gross criminal(?) misconduct is yet to be seen but I sure would be mad as hell if someone mislead me like that all this time.

Remember, folks, as the WY Statute sticky points out, cheated & abandoned shareholders have until 2/9/2014 to bring any legal actions against FFGO before they too are finally permanently dissolved:

Dissolution of a corporation does not:
(v) Prevent commencement of a proceeding by or against the corporation in its corporate name;
(vi) Abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution

Thank you, Seven, for keeping that information so readily available as a daily reminder of shareholders' option to sue.

But many here remain confused as to why shareholders are not being advised by everyone to seek professional advice regarding contemplated write-offs rather than taking such recommendations from anonymous message board posters who may actually have an anti-shareholder agenda.

Wouldn't it be fairly obvious that the management who scammed & abandoned them wants them to hold onto their shares forever?

Well, at least until 2/9/2014 anyway...

when even those private shares will cease to exist forever...

along with Fortress Financial Group, Inc, itself!


***Countdown To 3/12/2012 Divigeddon***: T Minus 87 Days

Tic Toc goes the REAL World clock

[headcounselor]

I'm excited to hear that the planned dividend is still in play. Can you give me the name and phone number of "management" so that I can call them and thank them for coming through for us?