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FFGO - Fortress Financial Group Inc

post #1 of 801
Thread Starter 
stock-chart-str.aspx?id=ffgo&ca=24062939

Fortress Financial Group, Inc. is engaged in uranium mining and exploration. During February 2, 2009, the Company acquired 25 Uranium Mining and Exploration Projects situated in Idaho, Northern Arizona, Utah, and Montana. The Company’s projects include Skyline Uranium Project, El Toro Uranium Project, Kriley Gulch Uranium Project, Montana Uranium Project in Pryor Mountains, and Arizona Grand Gulch Uranium Project.
post #2 of 801
News:

Quote:
Fortress Financial Group, Inc. - Prime Time Group Reorganization


Company updates on Prime Time Group, Inc. Reorganization and Transaction

NEW YORK, Nov 26, 2007 (BUSINESS WIRE) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that in terms of its agreements with Prime Time Group, Inc. (PINKSHEETS: PRTH), Prime Time Group, Inc. has changed its name to that of Hunt Gold Corporation.
Prime Time Group, Inc. (now Hunt Gold Corporation) has been allocated a new CUSIP Number, being 445623101. A new Trading Symbol will be allocated shortly.

Prime Time Group, Inc.(now Hunt Gold Corporation) has authorized a "Reverse Split" of its outstanding stock on a 3,000 for 1 basis, the Company is awaiting confirmation of the "Effective Date" of this Reverse Split of the Company's Common Stock. This was a condition of these transactions with Fortress Financial Group, Inc.

The Reverse Split of the Company's (Prime Time Group, Inc.'s) outstanding shares of common stock will allow it to trade at an acceptable price level; as Fortress Financial Group, Inc. was not prepared to dispose of these three Gold Mining Exploration Companies, in exchange for a "sub penny or "penny" stock.

Effectively, this means that the stock acquired by Fortress Financial Group, Inc. (and other minority stockholders) in Prime Time Group, Inc. (now Hunt Gold Corporation); for its interests in Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc and Ambassador Gold Holdings plc; will be after the completion of the Prime Time Group, Inc. 3,000 for 1 Reverse Split of its outstanding shares of Common Stock.

Stockholders will be advised as to the new Trading Symbol for Prime Time Group, Inc. (now Hunt Gold Corporation); and as to the Effective Date of the Reverse Split of Prime Time Group, Inc.'s outstanding shares of common stock, as soon as this information is provided to the Company.

Fortress Financial Group, Inc. will complete the transactions with Prime Time Group, Inc. (now Hunt Gold Corporation), in respect of the acquisitions of the three Gold Mining Exploration Companies, upon the "Effective Date" of the Reverse Split of Prime Time Group, Inc.'s outstanding shares of common stock.

The details of the Company's Corporate Actions and the full implication to the Company, of these three acquisitions, will be released to the market, immediately upon signature of the various agreements, being the "Effective Date" of Prime Time Group, Inc.'s (now Hunt Gold Corporation) Reverse Split of its outstanding shares of common stock.

This reorganization of Prime Time Group, Inc. (Hunt Gold Corporation) was an integral part of its transaction with Fortress Financial Group, Inc. and its completion was vital to the completion of these transactions, this resulted in the delay in the completion of these agreements with Fortress Financial Group, Inc.

The Company is satisfied that these actions will be completed by Prime Time Group, Inc. (Hunt Gold Corporation) shortly.

Stockholders are advised that Fortress Financial Group, Inc.'s stockholding in Prime Time Group, Inc. (Hunt Gold Corporation) will be substantial, in terms of its value to the Company, as compared to the Company's (Fortress Financial Group, Inc.'s) current market capitalization.

The Company retains its interests in the "Bouse" and in the "South Copperstone" Gold Mining Exploration properties and it is envisaged that the Company will effect a similar transaction with these properties but at this time, remains in negotiations with a quoted company, in respect of these two properties.

About Fortress Financial Group, Inc.:

Fortress Financial Group, Inc. (formerly Great West Gold, Inc.), was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company retained these Gold Mining Exploration interests as portfolio assets; as it intended to extract value from these assets through a future "spin off" or a sale. The Company owns a majority interest in the "Ambassador", "Golden Eagle", "South Copperstone", "Bouse" and in the "Mockingbird" Gold Mining Exploration properties.

Fortress Financial Group, Inc. is now primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

SOURCE: Fortress Financial Group, Inc.



CONTACT: Fortress Financial Group, Inc.
+1-914-462-3475
investor@fortfinancegroup.com

Copyright Business Wire 2007
post #3 of 801
3000 to 1 R/S ???? not me !!!!
post #4 of 801
Quote:
Originally Posted by tjatlking View Post
3000 to 1 R/S ???? not me !!!!
If I'm reading it right the 3000/1 r/s is happening with Prime Time Group, Inc.(now Hunt Gold Corporation), this appears to be a company that FFGO is looking to aquire.. ? yes?

Either way, FFGO isn't the company that's doing the 3000/1 R/S..

Quote:
Effectively, this means that the stock acquired by Fortress Financial Group, Inc. (and other minority stockholders) in Prime Time Group, Inc. (now Hunt Gold Corporation); for its interests in Sentinel Resource Holdings plc, Golden Eagle Mining Holdings plc and Ambassador Gold Holdings plc; will be after the completion of the Prime Time Group, Inc. 3,000 for 1 Reverse Split of its outstanding shares of Common Stock.
The PR is a little over my head though, anybody care to decrypt it for the rest of us?
post #5 of 801
It actually looks to me like they are trading(selling) their interests in mining properties to Prime Time Group in exchange for POST R/S shares in Prime Time Group..
post #6 of 801
Either way, I grabbed a small position for the sake of speculation ..

I've discovered a Zecco.com shortcoming.. heh.. Your buying power doesn't take into account fees for previous trasactions during the same day, so you CAN indeed buy more stocks than you have money.. lol.
post #7 of 801
Thread Starter 
The Reverse split will be occurring for a company, Prime Time Group, FFGO owns.

Consider the logic. FFGO is planning to perform a 1/4 Forward Split on December 10. Why would it perform such a small split and decide to perform a 3000-1 reverse split either prior to the forward split or immediately after?
post #8 of 801
I don't think Prime Time is "owned" by FFGO, like I said above, I belive that the R/S is an item that is being required by FFGO before FFGO sells it's interests in the 3 mining properties for (most likely a controlling interest) POST R/S shares in Prime Time(Hunt Gold)..

FFGO won't sell their interest in the properties in exchange for sub-penny stock, the R/S will increase Prime Time(Hunt Gold)'s PPS. At which point the deal will commence.
post #9 of 801
Fortress Financial Group, Inc. - Operational Update
Wednesday January 16, 1:19 pm ET

Fortress Financial Group, Inc. Catapults and Realigns into the Global Electronic Payment Systems Arena
NEW YORK--(BUSINESS WIRE)--Fortress Financial Group, Inc. (PINKSHEETS:FFGO - News) today announced its bid to top the industry of electronic payment systems as a leading provider. The Company has assembled an operational management team with the world-renowned electronic banking guru and co-inventor of the ATM (Automated Teller Machine), Mr. Jack Chang, as the lead consultant.

To the aim of strengthening and accelerating its growth in the electronic payments product offering front, Fortress Financial Group, Inc.’s Chief Executive Officer, Alan Santini resolves to focus, on a daily basis, with Mr. Chang on rapid delivery of its ensemble of global financial payment system products to the marketplace. Alan Santini will shortly be announcing the appointment of an expert in new-age marketing, to head the Company’s product promotion campaign blitz.

Fortress Financial Group, Inc. also announces the immediate availability of prepaid debit card programs for both the U.S. and the international market to meet the demands of the Company’s existing corporate clients as well as to worldwide businesses and consumers at large.

Alan Santini commented that “We are now firmly entrenched in the international prepaid debit card business. As reported by the Federal Reserve Bank of New York in 2004, prepaid debit cards are one of the most dynamic and fastest growing products in the financial industry. We are extremely bullish and fully committed to this Sector of the Financial Services market”.

Alan Santini continued, “According to VISA estimates, there are approximately 80 million underserved consumers in the U.S. that can have the benefits of prepaid debit cards, and we will have a respectable market share of these customers. However, the worldwide market potential is enormous. With most of the 6.4 billion consumers in the world that are un-banked or under-banked, we realize that the prepaid debit card market comprises the largest potential customer base in the world. With certain sectors in this market, being virtually untapped, this represents a tremendous opportunity for our Company.”


About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. is primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities. It has just announced the acquisition of Moneyworx, Inc., a reseller of MasterCard prepaid USA Domestic and International Prepaid Debit Cards. The Company will have no less than twelve individually branded and tailored Debit Cards within the next two months.

Fortress Financial Group, Inc. will be launching its own label “Fortress” International Debit Card in the first quarter of 2008.

The Company operates through Fortress Card Solutions, Inc. and Moneyworx, Inc. The Company will be shortly be establishing an office in Nassau, Bahamas; primarily to service our High Net Worth “offshore” cardholder base.

Fortress Financial Group, Inc. (formerly Great West Gold, Inc.), was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company retained these Gold Mining Exploration interests as portfolio assets; as it intended to extract value from these assets through a future “spin off” or a sale. The Company has now disposed of its interests in the “Ambassador”, “Golden Eagle” and “Mockingbird” Gold Mining Exploration properties to Hunt Gold Corporation (PINKSHEETS : HGLC - News); and holds approximately 48% of Hunt Gold Corporation shares of outstanding Common Stock, as an investment.

The Company retains it interest in the “South Copperstone”, and “Bouse” Gold Mining Exploration properties, at this time. It is expected that these two remaining interests will be exchanged for shares of Common Stock in a USA Gold Mining & Exploration Company, within the next six weeks.
post #10 of 801
02/13/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) can now confirm that the Transfer Agent to Hunt Gold Corporation has confirmed that all stock certificates in that Company are being posted to all eligible stockholders by no later than Monday, February 18, 2008.
post #11 of 801

FFGO

Fortress Financial Group, Inc. - Loan Facility
Company Secures US$5 Million Long Term Loan Facility
Feb 14, 2008 2:50:00 PM
View Additional ProfilesNEW YORK, NY -- (MARKET WIRE) -- 02/14/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has entered into a Long Term Loan Agreement in the amount of US$5 million. This initial loan agreement is a "non recourse" loan secured against a small portion of the Company's restricted stockholding in Hunt Gold Corporation. This loan will be drawn upon as required to fund the Company's aggressive acquisition plan.
post #12 of 801
MARKET WIRE) -- 02/15/08 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) can now confirm that the Transfer Agent to Hunt Gold Corporation has confirmed that all stock registered to "Cede & Co." has been sent to themselves for distribution to the various Brokers for their eligible client accounts.

This affects all stockholders in Fortress Financial Group, Inc. (formerly Great West Gold, Inc.) who held their stock, in brokerage accounts"; on the three stock dividend dates in respect of Golden Eagle Mining Holdings plc, Sentinel Resource Holdings, plc and in Ambassador Gold Holdings plc.

All of their stock is registered in the name of "Cede & Co.", the DTC clearing company.

"Cede & Co." is responsible for the allocation of these shares in Hunt Gold Corporation to the various eligible Brokers (for clients who were eligible for these Stock Dividends upon the three "Record Dates". The Brokers are responsible for the allocation of these shares in Hunt Gold Corporation to their eligible client accounts in respect of the aforesaid Stock Dividend Dates.

Cede & Co. and Brokers are solely responsible for the allocation of these shares to eligible stockholders.

The Transfer Agent to Hunt Gold Corporation, Fortress Financial Group, Inc. and Hunt Gold Corporation has absolutely no control over any part of this process whatsoever.

We ask that stockholders affected by this are to request that their Brokers request their stock in Hunt Gold Corporation, from "Cede & Co." without delay. These shares are "free trading" and in theory; should be electronically transferred to client accounts without delay. However, we strongly urge eligible and affected stockholders to request that their Brokers expedite this transfer process with "Cede & Co.".

This does not apply to stockholders who held their stock in certificate form in Great West Gold, Inc. (now Fortress Financial Group, Inc.) on those three Stock Dividend Record Dates. These stockholders will receive their stock certificates in Hunt Gold Corporation by mail, directly from the Transfer Agent, in and during the next few days.

About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. is now primarily engaged in the issuing and marketing of prepaid debit and credit card and related payment solution activities. It has just announced the acquisition of Moneyworx, Inc., a reseller of MasterCard prepaid USA Domestic and International Prepaid Debit Cards. Fortress Financial Group, Inc. will be launching its own label "Fortress" International Debit Card in the first quarter of 2008.

Fortress Financial Group, Inc. has secured a "non recourse" initial long term loan facility in the amount of US$5 million and intends to immediately embark upon a very aggressive acquisition strategy of synergistic companies. These acquisitions are to be funded through cash, vendor financing and the issue of the Company's restricted shares of Common Stock. The Company's strategy is to immediately build a strong Group of financial services companies with strong earnings and cash flow.

Fortress Financial Group, Inc. (formerly Great West Gold, Inc.), was a gold mining exploration stage company, engaged in the acquisition and exploration of mining properties in the United States. The Company retained these Gold Mining Exploration interests as portfolio assets; as it intended to extract value from these assets through a future "spin off" or a sale. The Company has disposed of its interests in the "Ambassador", "Golden Eagle" and "Mockingbird" Gold Mining Exploration properties to Hunt Gold Corporation and holds approximately 48% of Hunt Gold Corporation shares of outstanding Common Stock, as an investment.

The Company retains it interest in the "South Copperstone", and "Bouse" Gold Mining Exploration properties, at this time. It is expected that these two remaining interests will be exchanged for shares of Common Stock in a USA Gold Mining & Exploration Company, very shortly.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

--------------------------------------------------------------------------------Contact:
Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961
post #13 of 801
Fortress Financial Group, Inc. -- Acquisitions and Appointment Company Updates on Acquisitions and Confirms Appointment of Corporate Finance Advisors

NEW YORK, NY, Feb 19, 200
8 (MARKET WIRE via COMTEX) -- Fortress Financial
Group, Inc. (PINKSHEETS: FFGO) announced on February 14, 2008 that it had
entered into a Long Term Loan Agreement in the amount of US$5 million. This
initial loan agreement is a "non recourse" loan secured against a small portion
of the Company's restricted stockholding in Hunt Gold Corporation. This loan
will be drawn upon as required to fund the Company's aggressive acquisition
plan.

The Company has appointed a boutique corporate finance company to conduct the sourcing and due diligence of these acquisitions. To date, they have identified in excess of 200 potential acquisitions.

The Company expects to announce several acquisitions in the forthcoming weeks, all of which have substantial track records of earnings and cash flow
generation; and with very competent Management Teams.

The Company expects to increase its borrowings substantially in the near future, to continue this business model of aggressive acquisitions. The Company will be leveraging against its substantial portfolio of investments in order to fund this very aggressive growth, thereby ensuring an immediate and substantial cash flow and profits for the Company.

Fortress Financial Group, Inc. holds a 48% stockholding in Hunt Gold
Corporation, currently valued at circa US$500 million. Fortress Financial Group, Inc. retains additional unquoted Gold Mining & Exploration interests valued at circa US$400 million. It expects to dispose of these remaining additional assets very shortly, in return for stock in a quoted USA Gold Mining Company. This will result in the Company's ability to leverage against being its quoted investments, effectively being doubled.

Alan Santini, the Chief Executive Officer of Fortress Financial Group, Inc.
commented that he was "now extremely confident that this very aggressive
acquisition strategy would be swift and successful, given the results and deal
flow being generated by our Corporate Finance Advisors who have advised us that are they overwhelmed in acquisition deal flow of Companies synergistic with ourselves." He added that "the immediate execution of the acquisition of several of these targeted companies will immediately transform the Company to that of a strong earnings and cash flow base, thereby expediting further and more substantial acquisitions in a far shorter period of time than previously envisaged by the Company."
post #14 of 801
post #15 of 801
been alot of news lately pos just may pop watch it....
post #16 of 801
Caveat Emptor ... my shares in FFGO are down 99.95% and will be wiped out with the next RS (which shouldn't be long in coming, given that the price is at .0001)
post #17 of 801
Fortress Financial Group, Inc. -- Clarification of Stockholder Issues
Monday April 7, 12:39 pm ET
Company Clarifies Certain Issues Raised by Stockholders

NEW YORK, NY--(MARKET WIRE)--Apr 7, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) clarifies certain issues raised by a number of stockholders, in their communications with the Company.

The Hunt Gold Corporation Stock price is not in any way affected by Fortress Financial Group's aggressive acquisition program, all of the stock held by Fortress Financial Group, Inc. in Hunt Gold Corporation is restricted and this remains the case despite Fortress Financial Group, Inc.'s extensive planned borrowings to fund acquisitions.

Hunt Gold Corporation will definitely not be effecting a Reverse Split of its Stock.

Fortress Financial Group, Inc. will definitely not be effecting a Reverse Split of its stock whatsoever. The Management of the Company is focused on eliminating the discount between the Company's Net Asset Value per share and the current ridiculously low stock price. A "Reverse Split" of the Fortress Financial Group, Inc. stock would be counter-productive to Management's plans and to stockholder interests.

Fortress Financial Group, Inc. has appointed an Auditor, as announced and filed on a Form 8-K with the SEC. Fortress Financial Group, Inc. remains a "Reporting Company" which is currently delinquent in its filings. This is being resolved by the filing the outstanding filings with the SEC and then applying for the reinstatement of the Company's stock on the OTC BB.

Hunt Gold Corporation has distributed to date, an amount of 964,205,335 shares of Hunt Gold Corporation Common Stock to Fortress Financial Group, Inc. and Fortress Financial Group, Inc. eligible stockholders. An amount of 27,681,135 shares of Hunt Gold Corporation stock remains to be distributed by its Transfer Agent, representing 2.87% of the total stock issuance. Fortress Financial Group, Inc. has been advised by its Corporate Counsel that the issue of the remaining stock distribution is being resolved, and fast. Statements that Fortress Financial Group, Inc. is withholding any shares of Hunt Gold Corporation are completely false.

Alan Santini, the Chief Executive Officer of Fortress Financial Group, Inc., commented that he "hoped that these statements would now lay to rest, all of the false and misleading statements about the Company; as posted on various Internet Chat Forums." He added that "stockholders should check the facts with the Company prior to making any decisions."
post #18 of 801
will they r/s or not lotto play anyways
post #19 of 801
Stay away from this POS, once GWGO. Could possibly run from pumping but the company has changed the name so many times.
post #20 of 801
Vinny, unfortunately I'm still stuck in this POS with 40000+ shares which are worth a whopping $4. Even though it sucks I'm in it for the long run but not by choice.
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