Re:FFGO - Fortress Finl Group Inc
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figment3514
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FFGO - Fortress Finl Group Inc Posted: 8 Months, 2 Weeks ago THANKS: 23  
I like to take my chances with the companies that are in the 0.0001-0.0002's and this company just moved from 0.0001-0.0002. I am thinking of going in. They are called Fortress Financial Group Inc FFGO:OTC They had a lot of updates this week. Ive had them under my radar for a month now and this is the first sign of any promise. With the economy the way it is I think more and more people are going to turn to penny stocks. Here is a graph for FFGO. They recently changed their name I just worried about the reverse split. Well let me know what you guys think.
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
Look at the movement
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
Once gain I cant do the pictures but check out the chart http://www.profitspi.com/stock-chart/ffgo.aspx

Its easier for me just to put the link because I am computer challenged
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
0.0002 0.0001 (100.00%)

Bid --Ask -- B/A Size -- High 0.0002 Low 0.0001 Vol. 330,565,525 (Heavy)
Latest News
Press Releases

Fortress Financial Group, Inc. - Update on Acquisitions
12:12p ET March 19, 2008 (Market Wire)
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) announced on March 17, 2008 that the Company is aggressively pursuing its stated strategy of becoming a broadly based consumer finance products group; and is at this time, in negotiations with a significant number of parties which we expect to lead to the closure of several substantial acquisitions shortly.

The company can now confirm that is in very advanced discussions with a view to acquiring a small State Chartered Bank. The rationale for this acquisition is to grow the profits of our domestic debit card program at a substantial rate as the Company would receive all of the profits from these activities, as compared to existing partnership agreements. This acquisition will allow the Company to offer credit cards to the "financially challenged" as well being in a position offer to a larger range of "private-labeled" cards to various substantial organizations within the United States. This would lead to a very aggressive roll out and promotion of branded "Fortress" domestic credit and debit cards. The Company has no plans to enter the banking sector at this stage but intends to utilize the Bank as the "Engine Room" for the Company's domestic debit card operations and facilitate the introduction of the "Fortress" Credit Cards.

Furthermore, the Company is aggressively pursuing acquisitions in the Mortgage Lending Sector, focusing on companies operating in the "financially challenged" consumer sector whose FICO scores have dropped to a level where they are unable to obtain mortgages. These acquisitions will be coupled with a planned large scale acquisition of Independent Mortgage Brokers in specifically targeted areas where synergies exist to merge these operations, reduce their overhead costs and place them in a position to negotiate more favorable commission terms. In short, the Company is utilizing its strong balance sheet to acquire companies at the "bottom of the economic cycle."

In addition to the foregoing, the Company is negotiating a "Captive Insurance License," which would enable the Company to offer Insurance services on a broad range of its existing and its future consumer finance products portfolio. This is expected to be a significant contributor to earnings over the long term.

The Company has retained the services of individuals and companies with the required high level of expertise and experience in all of the sectors in which it is now expanding.

With the ever reducing cost of borrowings, the Company is comfortable with a significant extension of its credit facilities to continue with this aggressive growth model.

The Company expects to announce several of these acquisitions shortly, as well as the appointment of a CEO of the Group's newly formed "Mortgage Division." Additional Board appointments are extremely likely, given the nature and size of certain acquisitions being contemplated at this time.

The ever rising price of Gold, recently reaching its highest ever trading level in history, has resulted in the Company's portfolio of quoted and unquoted Gold Mining interests being revalued in excess of US$1.4 billion. This has resulted in the Company's Net Asset Value per share being valued at 2.7c, compared to its current trading price of US$0.0001 per share.

The Company's stockholding in quoted Hunt Gold Corporation is valued at circa US$1 billion at its current share price. The Company conservatively valued its interests in the "Bouse" and "South Copperstone" Gold Projects at circa US$400million.

The Company is in the final stages of exchanging its stockholdings in both the "Bouse" and "South Copperstone" Gold Projects for stock in a USA-quoted Gold Mining & Exploration Company. It is expected that these transactions will be completed in the next three weeks. The Company intends to retain these shares as a portfolio investment and as collateral for substantial loans to fund acquisitions in due course.

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. Fortress Financial Group, Inc. will be launching its own label "Fortress" International Debit Card in the second 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.

The Company is utilizing is substantial Balance Sheet to aggressively fund a large number of acquisitions in the consumer financial services sector.

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. The Company holds circa 48% of the outstanding stock in Hunt Gold Corporation as an investment.

The Company retains it interest in the "South Copperstone," and "Bouse" Gold Mining Exploration properties, at this time. These two remaining interests will be exchanged for shares of Common Stock in a USA Gold Mining & Exploration Company, in the immediate term.

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 company's 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

SOURCE: Fortress Financial Group, Inc.

http://www2.marketwire.com/mw/emailprcntct? id=3ADDA1188E1BFCED
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 7  
This was one mistake I made being young in penny stocks, you see a stock at 0.0001 and it goes to 0.0002, you'd think it's a doubler right?

Problem is you need it to go to 0.0003 to have some real movement in it
When you buy at 0.0001 how many others you think are in line to sell at 0.0002
Then the problem is, who would buy at 0.0002?

You have to remember when you buy a stock thinking it'll go up, the person selling it is thinking the exact opposite, and as we all know only one can be right.

Stock HCPC was one of these stocks a month ago, I sold and made my double only when it started hitting 0.0003

I'd stay away until you see 3 integers of movement for any stock, given rule.
 
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Re:FFGO Posted: 8 Months, 2 Weeks ago THANKS: 23  
Thank you for your advice.
 
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Re:FFGO Posted: 7 Months, 1 Week ago THANKS: 23  
Fortress Financial Group, Inc. - Update on Acquisitions
Friday 04/25/2008 11:25 AM ET - Market Wire

Related Companies
Symbol Last %Chg
FFGO 0.0002 0.00%

As of 3:59 PM ET 4/28/08
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it expects to be in a position to announce the completion of the following acquisitions:

-- The California based "Trinity Mercantile Finance Group," a Mortgage
Originator and a Consumer Finance Lender; and

-- An additional California based Licensed Mortgage Finance Bank and
Mortgage Originator; and

-- A Title Company based in Florida but operating on a National basis;
and

-- A Florida based Licensed Mortgage Finance Bank and Mortgage
Originator; and

-- A New York based Mortgage Bank licensed to; and operating nationally;
and

-- A State Bank holding a "Master License" for the issuance of Debit
Cards, this will substantially increase the profits of the Company's Debit
Card Division; and

-- An Internet "Credit Card Portal" generating revenues through internet
advertising and "click through;" and

-- The acquisition of a specialist Internet Marketing and Search Engine
Optimization Company to maximize the Fortress Group of Companies web
presence.

-- The exchange of its interests in the "South Copperstone," and "Bouse"
Gold Mining Exploration properties for shares of Common Stock in a USA Gold
Mining & Exploration Company in a transaction valued at circa
US$800million.


The acquisition of the "State Bank" holding a "Master License" for the issuance of cards, coupled with the acquisition of the New York bank, which holds the requisite lending licenses, will enable Fortress to launch its own Credit Card. This will be a substantial contributor to the Group's earnings.

Fortress will be immediately increasing the Capital Base of the Banking entitities in order to facilitate the planned substantial growth in the Banks' Lending facilities. It is intended to immediately extend the Licenses of the Banks to operate in other areas of banking.

Fortress has received third party investments to facilitate and fund these investments and will not be drawing upon its credit lines to fund these acquisitions.

Stockholders are advised that that upon the completion of these acquisitions, Fortress will immediately commence its very aggressive acquisition plan to build its "distribution pipeline" through large scale acquisitions of Independant Mortgage Brokers in targeted States.

Stockholders will be updated in the next week as to the full details of these acquisitions. The fact that these various entities are all regulated and Licensed has resulted in extensive legal and statutory filing work being incurred and the completion of these acquisitions is now expected to be completed within days.

It is intended to file details of all of these acquisitions with the SEC, and to issue the Press Releases detailing all these acquisitions and their Management profiles, on the same morning. This will be coupled will all of these Companies as well as that of Fortress Financial Group, Inc., launching their updated web sites.

An external firm of Public and Investor Relations Advisors will be appointed very shortly thereafter.

It is envisaged that additional appointments will be made to the Board of Directors of Fortress Financial Group, Inc.

About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. is primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. It acquired 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 second quarter of 2008.

Upon the closure of the Trinity Mercantile Finance and the Mortgage Bank acquisitions, Fortress Financial Group, Inc. will expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage Division" will comprise the vast majority of the Group's earnings in the medium term.

The Company is utilizing is substantial Balance Sheet of circa US$1billion comprised of quoted and unquoted Gold Mining & Exploration stocks, to aggressively fund a large number of acquisitions in the consumer financial services sector, initially focused on the Mortgage Lending sector.

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


SOURCE: Fortress Financial Group, Inc.
http://www2.marketwire.com/mw/emailprcntct? id=8A3B778C343E42A9
 
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Re:FFGO Posted: 7 Months, 1 Week ago THANKS: 23  
Look at the chart on this If it doesnt split its Money.
 
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