FFGO - Fortress Finl Group Inc
waman1
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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Let me start by saying my previos posting was not aimed at u personally figment. I was addressing my message at the many bewildered posters asking questions about what they have read. As far as the phone number is concerned, Alans secretaries could not keep up with the volume of calls happening (thousands). So he chose to change the number and began the construction of a public relations and investor site to address the many questions being asked. It is cheaper to build this site than to hire a boiler room full of secretaries to awnser questions. When the site is up and running, I will post its address.
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Venus
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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I believe Alan as well about no R/S and the "fresh start" he mentioned. I'm a moderator on another forum for this stock, because I simply choose to believe the June 12 PR and I'm willing to risk losing my money for a "what if" scenario...that's just me. I'm adding Monday as well.
ALL just my humble opinion.
GL
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waman1
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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In my third discussion on this company, I will try to explain why this company appears to be so undervalued. U would think a company with 1.4 Billion USD in assets would be more than .0001, Normally it would. But the management of the company has used a stroke of genius to protect the company, protect the shareholders, and even protect themselves. The company holds 800 million Usd in hunt restricted stocks and another 400 million Usd in restricted stocks in the Bouse and copperstone mines. The restriction on these stocks is that they may not be distributed to the shareholders under any circumstance. U may think this a bit shady, but lets take a look at this. With share price at .0001 it would take only a few million dollars to buy controlling interest in the company. Any raider could come along and buy the company, replace the management and distribute the assets to the shareholders thereby gutting the company. If they owned say 49 or whatever % they would recieve almost 700 million dollars of those assets. Then short sell the stock they owned getting there small investment back. The result being the company is dead with no chance of recovery. The restriction is such that the company can sell some of these stocks to fund their business plan, even take loans against them but has made the company raider proof (Donald Trump, eat ur heart out). I find this very comforting as it assures me Ill never lose my orginal investment. In the future u may see the same protection applied to the companies future holdings. Now dont go freakin out thinking the company will always be .0001. By using the buyback system, shares will become more valueable as they become rarer and eventually the restrictions will be phased out as the stock price reaches the proper valueation. This is an excellant way of passing company profits back to the shareholder without jepordising the companys protection.This whole process thwarts the raiders looking for cherries. U must remember this is a company in transition. It is moving from a lucritive gold mining company to a more lucritive distressed financial sector. They are not aquiring companies that need a bail out(Bear Sterns type)They have no wish to lose their hard earned profit base. So these actions make excellant sense. I have never felt this strong about a company since Microsoft went IPO. I missed that one as I was young, dumb, and full of (?). I am not going to miss this one. I see this one going nonpenny (1.00 USD) eventually. I have the fortitude to go the distance, DO U? Thank u for considering these factors and Ill see u at an investors party soon.
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Last Edit: 2008/06/16 06:02 By waman1.
Reason: misspelling
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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Im considering FFGO soon. I want to wait and see if it makes it to the 0.001. Then thats where the money is in every stock. At least then your not waiting a long time for a 0.0001 stock to reach its peak of survival. Im watching a bunch of 0.000 stocks. By the stock at 0.001 because you know its fresh. Usually a new stock that hits 0.001 will take off to 0.01 due to the number of trades, check out my scenerio about that. That is the best info Ive seen about FFGO for a long time. No hard feelings Kapeesh! Thank you for the updates and please keep us informed 
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waman1
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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Thank u for the compliments figment, I hope the personal touches didnt detract from the information. 
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Venus
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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Interesting post Waman. You don't need to sell me.  Figment, I guess I disagree with you on the .001 concept. I'm still a novice, but in the last 3 months, I've seen many stocks hit .001 and make small runs and then pull back to .0003 or lower. I don't think it truly gives foresight to it hitting .01. It's all a gamble IMO. On the other hand, there are other stocks that are more promising to some extent in the .01 or lower range. To me, buying FFGO at .0001 with all this news (and possible follow through), makes the best sense to get in with at least some "pocket change!" GL! V
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KWIKSS
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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When will this stock move up at all, to make a profit. Is this a long term hold, as in YEARS, or a short term as in 3 months. I like what everyone has to say about it, but I'm just not sure. I want sometime HOTT and NOW, (dont we all). I'm ready to buy but tell me your toughts
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waman1
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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I expect to see subpenny movement as early as today but no later than the 2 months mentioned in the press release after the first round buyback. It may very well take a year to see the stock move out of the penny catagory into the dollars area. But it will happen. Just bought another 3 million shares myself. 7 million total. Not bad for a dirt poor boy. 
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waman1
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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There is one point I forgot to mention. There are many traders out there useing auto buy/sell programs. In order to see any movement in the stock price the supply of stock tied into these programs needs to be bought out.(the ones selling for the .0001). After these are exhausted then u will see the change. Watch the volumes traded. The buyback should empty these auto sells.
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Venus
Senior Investor
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Re:FFGO - Fortress Finl Group Inc Posted: 6 Months, 3 Weeks ago
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Kwik, Again, I'm the moderator on another forum for this stock, because, although a lotto play, I'm in it with the hopes of making some real $$. In fact, I'm waiting for a wire to come in to buy 5M more to total 20M. I know peeps that have 100M or more. Now, the fact is...many will flip this at .0002 to double their money. That's fine with me! We're all here to make money. Personally, I'm hoping for .01 down the road.
As for when the PPS will move, I have no idea but I do feel this is TOTALLY UNPREDICTABLE at this point and ANYTHING CAN HAPPEN any day; therefore, I'm buying more TODAY! Some other PR might come out tomorrow or today for all I know, and 1s may be gone. On the other hand, 1s may be around for a week or more. Again, ANYTHING can happen and I personally do not want to take my chances.
I used casp with "ANYTHING CAN HAPPEN," because I genuinely feel that way.
It's all a gamble.
GL! V
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