Get ready!!!!

Fortress Financial Group, Inc. -- Suspension of Stock Repurchases

Sep 16, 2008 11:10:13 (ET)


NEW YORK, NY, Sep 16, 2008 (MARKET WIRE via COMTEX) -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that the Company will no longer be repurchasing any of its shares of Common Stock until after the payment of the Extraordinary Stock Dividend.

Further stock repurchases and their subsequent cancellations will delay the declaration and payments of the Extraordinary Stock Dividend declared by this Company. This is not considered to be in the interests of stockholders at this time.

The Company is, at this time, expediting the Extraordinary Dividend payment and the announcement of the "Record Date" and will not accept any further delays in this respect.

The Company expects the Transfer Agent to be in a position very shortly to confirm that the Company's shares of outstanding Common Stock are as announced and confirmed by this Company.

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:

Financial Insights
Dick Granieri
Gordon Otter
E Mail: Email Contact
Telephone: 1-800-530-3545

Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer
Email Contact
Tel: (954) 840-6961

YES!! I would say we are now within days of the release of the record date. Get ready for the rollercoaster ride this ones gonna be a doosey!!

Rumor has it that the record date will be next week. Can anyone confirm this? B/c that leaves a lot time to buy and still qualify for the divi's.

Woohoo! Looks like this is the week!

Tuesday September 16, 2:34 pm ET


Company Deals With the Key Issues Concerning Its Stockholders


NEW YORK, NY--(MARKET WIRE)--Sep 16, 2008 -- Fortress Financial Group, Inc. (Other OTC:FFGO.PK - News) addresses the following key issues that appear to be troubling our stockholders:
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1. There will be no Reverse Split of the Company's shares of Common Stock. No such action would even be contemplated and definitely not until such time as all outstanding and pending stock dividends have been paid to stockholders in full.

2. The sale of the Company's holdings in both "Bouse" and in "South Copperstone" are a "done deal." The Stock Dividend will be declared upon the Company's receipt of the stock received in respect of this sale; and as previously announced. This is expected to complete this week. The terms of that transaction remain unchanged and will remain unchanged.

3. As previously stated, the Company is not issuing any further shares of its Common Stock until such time as all outstanding and pending stock dividends have been paid to stockholders and in full.

4. The Company will not be removing any restrictive legends on any restricted shares of the Company's Common Stock until such time as all outstanding and pending stock dividends have been paid to stockholders and in full. The "free trading" shares of the Company's shares of Common Stock will remain unchanged.

This still good at .0001 Fig?

Hell yeah Playa! Check out HKBV too

It's done son!!! here we go!!!


Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has filed a Form 8-K on September 17, 2008 in respect of the Extraordinary Stock Dividend being paid to its stockholders in respect of the sale of the Company's interests in the "Bouse" and "South Copperstone" Gold Mining & Exploration properties.

The Company can confirm that this Dividend is valued at US$0.0239 for every 1 (one) share of this Company's Common Stock. This value will not be altered whatsoever and this final valuation is based upon the terms of both the agreements entered into and is based upon the verified number of the Company's shares of Common Stock which will not be increased nor decreased whatsoever, prior to the "Pay Date" of this Dividend.

It is expected that the Company will be in a position to confirm both the "Record Date" and the "Pay Date" in respect of this Stock Dividend, within days now.

The Company expects to announce a final decision on the sale of certain of its subsidiary companies and other portfolio holdings in due course.

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:

Financial Insights (Dick Granieri/Gordon Otter)
E Mail : Email Contact
Telephone : 1-800-530-3545

Fortress Financial Group, Inc.
Alan Santini
Chief Executive Officer

Email Contact

Tel: (954) 840-6961

The Dividend also went up slightly to $0.0239 instead of $0.0231. Go FFGO!!!

Hell yeah the buyers will come now and make it 0.01 and more

Oh for sure!!! And if the price hits what the value of the Divey is..... PEACE!!! I'm outta here like a bandit with the cash cuz who knows how long the shares will be restricted. hopefully not for a very long time. But then that stock always has the potential of going... UP!