Replies to post #211341 on Fortress Financial Group fka FFGO

[Irrational Exuberance]

Thanks. What do you reckon? Cash, or another few years of waiting until anyone gets paid out via a new class of preferred shares in GNCP?

If you think we are getting paid out soon, what is the means by which this will occur? Realistically? I don't think it's in the cards until GNCP has $258 million on book and can convert any newly issued preferreds into cash.

I'm fine waiting longer. Just curious about how you think they will pay us out in the immediate future. Diamond Peak (Lumb???) ponies up the dough?

[puppydotcom]

mattyhoho: I suspect the brilliant plan devised by Pete Bezzano had the approval of regulators before it was announced.

ROTF ..

that must be the reason the SEC revoked the stock

the great plan from 2005


Oh Vey!!