OT GWGO (Fortress) ...GOLD DIVI'S

[imSINGLEruRICH]

medicalpete
DIAMOND DIGGER

OT GWGO GOLD DIVI'S
« Thread Started on Today at 11:35am »

October 24, 2007 - 8:36 AM EDT


FFGO 0.009 0.00

Fortress Financial Group, Inc. - Final Disposal of Company's Gold Mining Investments

Company now in final negotiations to dispose of the Company’s entire Portfolio of Gold Mining Exploration Investments

Fortress Financial Group, Inc. (PINKSHEETS: FFGO) announced on October 18, 2007 that it that it was in advanced negotiations to dispose of its interests in the following gold mining exploration properties: “Mockingbird”, “Golden Eagle” and “Ambassador”; to a quoted Company in the USA.

The Company is now in a position to confirm that this transaction is expected to be concluded shortly.

The Company, in the same announcement, disclosed that was in preliminary discussions to dispose of the balance of its interests in its two additional Gold Mining Exploration properties; namely “Bouse.” and “South Copperstone”.

The Company is in a position to confirm that it is now in the final stage of negotiations in respect of this transaction, being the sale of interests in “Bouse” and “South Copperstone” and it is now expected that this transaction will be concluded without any further delay. This sale is being transacted with another USA quoted Company.

The successful conclusion of these two transactions will leave the Company with a significant stock holding in two separately quoted Mining Exploration Companies. It is intended that the Company’s stockholdings in these two companies, be distributed primarily to its stockholders, the balance of these stockholdings to be retained by the Company to create additional funding from a portion of the sales of these stock holdings to expand its interests in its core “debit card and payment solutions” business at a far more aggressive pace. The Company expects to announce significant developments in this core area of our business, very shortly.

GENERAL NOTES:-

The negotiations in respect of the sale of the “Mockingbird”, “Golden Eagle” and “Ambassador” Gold Mining Exploration properties; are being conducted with a publicly quoted company in the USA.

The negotiations in respect of the sale of the “Bouse” and “South Copperstone” Gold Mining Exploration properties; are being conducted with a separate publicly quoted company in the USA.

This would result in the immediate and proper exploration being conducted on these Gold Mining Exploration properties, a very strong incentive to the Management of your Company and to the minority stockholders in these five Gold Mining Exploration properties.

The Company is not prepared, at this time, to offer any predictions upon the possible impact upon the Company’s asset value, until the successful conclusion of this transaction, save to say that it will be enormously increased due to the Company receiving quoted stock; a “better valuation model” for investors as compared to our Company holding these “passive” Gold Mining Exploration properties in our “Investment Portfolio”. The result of these transactions will be an accurate valuation being placed upon the Company’s shares of Common Stock.

The recent record highs in the price of Gold have been of massive benefit to the Company’s stockholders; and the Management of the Company is relieved that it took its time to examine all of its options in respect of its Mining Investment Portfolio. Stockholders may rest assured that they will continue to benefit from the Company’s large exposure to the Gold price; as they will receive the majority of the quoted stock in these two quoted companies, through the Company’s planned distribution of these quoted stocks to its stockholders, following the successful conclusion of these transactions.

The Management of this Company is delighted that finally, the true value of the Company will be demonstrated, given its dismal stock price performance of late; the stock price of which, remains incredibly undervalued as at the date of this announcement. The Company welcomes the financial impact and the outcome of the conclusion of these transactions, which will reward many patient long term investors in this Company.

Stockholders will be advised as to further details in respect of these two transactions, as and when we are permitted to release further details. It is incumbent upon the Company not to disclose the identities of the two publicly quoted companies with whom we are in final negotiations until such time as they advise their own stockholders accordingly. Our stockholders will nevertheless, be advised on a weekly basis, as to the status of these two transactions.

RATIONALE FOR THESE TRANSACTIONS:-

The Company is committed to rapid growth of its financial service interests and to “unlock” value for its stockholders (as well as the minority stockholders in the Gold Mining Exploration interests). This is very long overdue, in the opinion of the Company’s Management.

The current “Commodity boom”, particularly in Gold, has paid off for the Company, allowing us much flexibility in our negotiations given the huge amount of unsolicited interests and proposals that the Company has received in respect of its portfolio of Gold Mining Exploration assets, a factor that appears to gone unnoticed by the market, given the Company’s dismal stock price performance.

The successful completion of these transactions fulfills our ambitions to reward our stockholders through the “unlocking” of the value of these Gold Mining Exploration properties to (a) provide large amounts of working capital for our Financial Service interests to facilitate immediately enhanced earnings and cash flow; as well to complete certain (as yet unannounced) proposed acquisitions, to rapidly expand our interests in this sector (b) provide our stockholders with stock publicly traded stock (directly) in these Gold Mining Exploration Companies through the distribution of the majority of our stockholdings received through these transactions and (c) to reward the loyalty of long standing stockholders who have watched the erosion of the stock price and their ability to exchange their unquoted stockholdings in the five Gold Mining Exploration Companies for publicly traded stock.

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; it intends to extract value from these assets through a future “spin off” or a sale. Great West Gold, Inc. has now changed its name to that of Fortress Financial Group, Inc. following its entry into the financial services sector. The Company 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.


Fortress Financial Group, Inc.
Stephen Lumb, 914-462-3475
[e-mail]

Source: Business Wire (October 24, 2007 - 8:36 AM EDT)

News by QuoteMedia
www.quotemedia.com

[beckins]

MORE DIVIDENDS IN MORE COMPANIES YOU WILL NEVER SEE.......I am still due 8 dividends from 2 years ago.......you gotta be kidding me........

[medicalpete]

bickens read this about divi;s

And to make sure your included in dividends--- Read this PR.



www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=U-b006401-U:FFGO-20071023&symbol=FFGO&news_region=U

Fortress Financial Group, Inc. - Stock Dividends

2007-10-23 13:49 ET - News Release

Company clarifies position on previous Stock Dividends to its Stockholders


NEW YORK -- (Business Wire)

Fortress Financial Group, Inc. (PINKSHEETS: FFGO) has been inundated with requests for confirmations of past Stock Dividends paid to its stockholders of Record, as below-mentioned :

Ambassador Gold Holdings Plc – For Stockholders of Record as at January 2, 2006. This relates to the “Ambassador” Gold Mining Exploration Project.

Bouse Mining Holdings Plc - For Stockholders of Record as at November 7, 2006. This relates to the “Bouse” Gold Mining Exploration Project.

Copperstone Mining Holdings Plc - For Stockholders of Record as at December 2, 2005. This relates to the “South Copperstone” Gold Mining Exploration Project.

Golden Eagle Mining Holdings Plc - For Stockholders of Record as at January 4, 2006. This relates to the “Golden Eagle” Gold Mining Exploration Project.

Sentinel Resource Holdings Plc - For Stockholders of Record as at November 14, 2005. This relates to the “Mockingbird” Gold Mining Exploration Project.

These stock dividends relate to the time when the Company was known as “Great West Gold, Inc.”

The Management of this Company is determined to immediately terminate this completely unfounded speculation that the Company did not effect these aforesaid stock distributions as promised. The Management of the Company has tired of various E Mail and telephonic communications accusing the Company of not having completed these Stock Distributions. Our attention has been drawn to various “Internet Stock Chat Forums” where it alleged that the Company did not in fact, effect these stock distributions, as it had promised. This is not the case, we wish to set the record straight on this point. We ask that stockholders contact ourselves directly and not base their decisions upon baseless nonsense written in the majority of these internet chat forum postings.

Stockholders may rest assured that these Stock Dividends were effected, as promised, the Company has previously reported that we are in possession of these complete and accurate stockholder registers for each of these Companies; and that these shares are being held “on book” for and behalf of the eligible Stockholders.

We would ask that stockholders E Mail ourselves at [e-mail], we will then be in a position to clarify their stockholdings in these various companies. All enquiries are to please include the stockholder’s full name, address, fax number and telephone number. The telephone or fax number being particularly important as our Investor Relations E Mail responses to stockholder enquiries are very frequently returned to ourselves as undeliverable, primarily as “Spam”; this is causing us further problems in communications with our stockholders and is equally frustrating for both ourselves and for stockholders. We would prefer to be in a position where we could respond to our stockholders either by telephone or by fax, in this event.

The Company understands that stockholders are anxious to get clarification on their holdings given the fact that the Company is now in advanced negotiations to dispose of its interests in the following gold mining exploration properties: “Mockingbird”, “Golden Eagle” and “Ambassador”.

The Company is also, at this time, in preliminary discussions to dispose of the balance of its Gold Exploration properties; namely “Bouse” and “South Copperstone”. Stockholders will be advised accordingly, should these discussions progress to a more serious level however, very commitment. The Company is however, extremely committed to a similar transaction in respect of these properties and as fast as is possible.

The Company owns a majority interest in the “Ambassador”, “Golden Eagle”, “South Copperstone”, “Bouse” and in the “Mockingbird” Gold Mining Exploration properties.

The majority of the balance of the stockholder interests in these Gold Mining Exploration properties; are held by the Company stockholders through various historical stock distributions. All and any sales of these Gold Mining Exploration properties will benefit the minority stockholders in these Gold Mining Exploration projects, on the same basis as the Company.

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; it intends to extract value from these assets through a future “spin off” or a sale. Great West Gold, Inc. has now changed its name to that of Fortress Financial Group, Inc. following its entry into the financial services sector. The Company 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.

Contacts:

Fortress Financial Group, Inc.
Stephen Lumb, [phone]
[e-mail]

Source: Fortress Financial Group, Inc.

[beckins]

my e-mail to investors relations: lol I have to laugh.....still think they are a joke.
based on old previous PR's and valuation.they owe my about $49,000 worth of dividends...lol!! I'll never see a dime..............

Dear Sirs:

I have written, e-mailed and I have called many time over the last two years, I was referred to the transfer agent, I was referred back to the company, then totally ignored by both. I was a certificateholder/shareholder/invester in GWGO during the time which 7 or 8 dividends where due and payable to shareholders as determined by record date. As I was a certificateholder it should be easy for you to identify me and acknowledge my entitlement of dividends.

Please advise,

[beckins]

their reply to me.............



Dear Sir,



FORTRESS FINANCIAL GROUP, INC. (formerly GREAT WEST GOLD, INC.) – VERIFICATION OF STOCKHOLDINGS



We thank you for your very prompt response to our “appeal” for stockholders to confirm their stockholdings.



You may rest assured that we are as anxious as yourselves to get these outstanding issues resolved as fast as is possible, given the pending transactions in respect of the Company’s interests in the five Gold Mining Exploration properties in its portfolio.



We will be confirming your various stockholdings, in and during today. Please rest assured that all of the five stockholder registers as well as the “book holdings” from our Transfer Agent, Computershare; will be scrutinised. Please understand that this task is proving far more time consuming than envisaged, as we have in excess of 1,000 requests for information, which is very gratifying, but nevertheless, a lot of work.



In the event of your not being satisfied with our findings, this will provide sufficient time for these matters to be resolved prior to the completion of the disposal of these assets, thereby ensuring timely and accurate delivery of your various stockholdings.



We thank you for your continued support and trust that your patience will be rewarded by these transactions currently in final negotiations.



Kind Regards



Fortress Financial Group, Inc.

[beckins]

reads just like a CMKX PR......says a lot of crap that doesnt mean anything.. delaydelaydelaydelay

[imSINGLEruRICH]

I bought in after the fact of the divys........ so I guess I just got screwed on the R/S........
not even a cigarette offered after ........


Single

[beckins]

Latest Update:
Yup they are trying to screw me too....
But expected it.....

Dear Sir,



FORTRESS FINANCIAL GROUP, INC. (formerly GREAT WEST GOLD, INC.) – RESULTS OF STOCKHOLDING SEARCH



We have completed our scrutiny of the various stockholder registers as requested by you; and by using the stockholder name provided by yourself.



Annexed hereto please find a letter setting out your stockholding position in each of the five “spin off” Gold Mining Exploration Companies as well as the results of our search of stock being held “on book” by the Company’s Transfer Agent.



Please do not hesitate to contact us should you require any further information, assistance and/or clarification.



Kind Regards



Fortress Financial Group, Inc.



CONFIRMATION OF STOCKHOLDINGS

Stockholder Name : ***** * ****

Stockholder Address : NOT PROVIDED BY STOCKHOLDER

Further to your request for confirmation of stockholdings in respect of Fortress Financial Group, Inc. (Trading Symbol : FFGO.PK) (Formerly Great West Gold, Inc.), we have scrutinised the stockholder registers of the five “spin off” Companies on your behalf, these being :-

1) Ambassador Gold Holdings Plc – For Stockholders of Record as at January 2, 2006.

Amount of Ordinary Shares registered in your name : NIL

2) Bouse Mining Holdings Plc - For Stockholders of Record as at November 7, 2006.

Amount of Ordinary Shares Registered in your name : NIL

3) Copperstone Mining Holdings Plc - For Stockholders of Record as at December 2, 2005.

Amount of Ordinary Shares registered in your name : NIL

4) Golden Eagle Mining Holdings Plc - For Stockholders of Record as at January 4, 2006.

Amount of Ordinary Shares registered in your name : NIL

5) Sentinel Resource Holdings Plc - For Stockholders of Record as at November 14, 2005.

Amount of Ordinary Shares registered in your name : NIL

We have searched the “book entry” schedule in respect of any stock (Fortress Financial Group, Inc.) being held on your behalf by our Transfer Agent, Computershare. This would only apply to Stock Dividend shares being held for stockholders who do not hold their shares in Brokerage accounts. Should you hold shares “on book”, you may request the stock certificate directly from Computershare.

Amount of shares of Common Stock being held “on book” : NIL

- Page 2 -


IMPORTANT NOTES :-

Please note that we searched the stockholder registers under the name as stated at the top of this letter. Should the stock be registered in a different name, please advise us immediately and we will search under that name for you.

Should you have been eligible on the above-mentioned Record Dates, to have received shares in these five companies, your shareholding will in all likelihood, be held in your Broker Street Name, that “Street Name” will be reflected on our various shareholder registers.

We have written to all identifiable “Broker Street Name” and “Nominee Company” stockholders reflected on those five stockholder registers, requesting information of the various client holdings on those Record Dates, to date, we have yet to receive a single response. Please be advised that a large amount of Ordinary Shares in each of these five companies is held in “Broker Street Names” and in “Nominee Account” names.

We would be grateful if you would ask your broker to E Mail ourselves at [e-mail] in order for ourselves to resolve these issues directly with your Broker. The Broker will be in a position to advise us as to their “Street Name” in which their client stock is held on our stockholder registers.

We wish to point out that should the proposed two transactions, be concluded, all of the stock in these five companies will be exchanged for quoted stock and stock certificates issued to all stockholders. This will create a “headache” and much “frantic activity” for the Compliance Department of all Brokers who hold client stock, as they will be forced to move with some alacrity to resolve the allocation of these quoted stocks to their client accounts. It is therefore in their best interests to resolve these issues with ourselves as soon as is possible; prior to our proposed transactions being concluded.

Please note that these stockholder registers were provided to ourselves on each of the five “Record Dates” by our Transfer Agent using the “Stock Dividend” calculations as announced prior to the declaration of these Stock Dividends. It is highly unlikely that there are any errors as these schedules were very carefully verified and certified at the each of the “Record Dates”. Copies of these stockholder registers are being lodged with Companies House in the United Kingdom for each of these five companies, they are a matter of public record.


And my reply to them today:

Thank you for your prompt reply,

But, I find error in attached report of Dividend Distribution showing NIL, as follows:

10-19-05 I purchased 1,000,000 shares of GWGO thru TD Waterhouse

02-08-06 recieved 250,000 shares split dividend

02-13-06 1,000,000 Shares transfered out in Certificate Form

04-21-06 1,000,000 shares deposited in Anderson-Studwick and sold

04-21-06 250,000 shares dividend/ slit sold TD Waterhouse

based on documented history I was a shareholder from; 10-19-05 to 04-21-06

Please advise.

[imSINGLEruRICH]

You get em' Beckins. Geeezzzzz.... life in the Pinkies... never a dull moment...
The whole freakin' market is crooked......


Single

[beckins]

bassards........keep ya posted..........no reply yet.........

[imSINGLEruRICH]

beckins or anyone...

Anyone know if this is true??

hawkeye1
Ace of Diamonds
Re: Warning..this could make heart skip beat!!!!
« Reply #4 on Today at 10:06am »

Urban owns Great West Gold according to old filings and reports.
Now Spiderman brings up Great West Gold and I suddenly remembered. I hope everyone got to listen to Spiderman he is only giving the facts as he sees it. The wording and everything has US all over it.

[beckins]

well why not? he owned PCBM and QBID and USCA and I lost my azz on them too......so he has gotta be involved.....or maybe it's Elvis or Jimmy Hoffa......

Sent FFGO another letter today, copies of trade purchase confirmations, cert, and trade sell confirmations....I am due 4 of the 5....cough em up azzholes....they aint worth nuttin but I want to put em with al the other bad stocks I own.....still have a little piece of the bathroom wall that aint covered yet.

[beckins]

more crap to go with the other crap......

Dear Sir,



FORTRESS FINANCIAL GROUP, INC. (formerly GREAT WEST GOLD, INC.) – STOCK DIVIDEND DISTRIBUTIONS



The above-mentioned refers.



Firstly, I apologise for this “canned” response.



We are simply overwhelmed with requests for information and our responses to our stockholders, are leading to even more correspondence, whilst” constructive, it is “killing” our ability to communicate effectively with all of our stockholder requests.



To clarify matters, I wish to set out events, as follows :-



Stockholders in Great West Gold, Inc. (now Fortress Financial Group, Inc.) were awarded Stock Dividends distributions, in the form of Ordinary Shares of 1p each (Par Value), in the below-mentioned Gold Mining Exploration companies :-

Ambassador Gold Holdings Plc - 2nd January 2006 (the “Record Date”)

Bouse Mining Holdings Plc - 7th November 2006 (the “Record Date”)

Copperstone Mining Holdings Plc - 2nd December 2005 (the “Record Date”)

Golden Eagle Mining Holdings Plc - 4th January 2006 (the “Record Date”)

Sentinel Resource Holdings Plc -14th November 2005 (the “Record Date”)

The “Record Date” reflects the day that you had to have to held stock in Great West Gold, Inc., to be eligible for the above-mentioned Dividends.



An amount of 900,000,000 Ordinary Shares of 1p (Par Value) was distributed by Great West Gold, Inc., to its stockholders, in each of the above-mentioned five Mining Companies. The balance of the stock, in these aforesaid Gold Mining Exploration Companies, is retained by Fortress Financial Group, Inc. (formerly Great West Gold, Inc.).



It is now apparent that in excess of 90% of eligible stockholders held their stocks in their brokerage accounts, on the “Record Dates”.



All of these shares are reflected on the five Gold Mining Exploration Company stockholder registers, under “Cede & Co.”, a clearing house of the DTC (Depositary Trust Company), used to “house” stocks for and on behalf of Brokerage firms.



The only and simplest way for us to resolve this issue, is now, as follows :-



We are contacting the DTC to establish which Broker/Dealer Firms held stock in Great West Gold, Inc. on those “Record Dates”.



Upon receipt of this information from the DTC, we will then be in a position to request from each of the applicable Broker / Dealer firms, a breakdown of their client accounts, addresses and number of shares held by each of their clients on the “Record Dates”.



Once we have all of this information, our Transfer Agent will be in a position to reconcile the accounts and “transfer” the stock from the “Cede & Co.” stockholding into the various eligible stockholder accounts. Please understand that a lot of paperwork and regulatory “hurdles” need to overcome to ensure that this is effected correctly, so as not to prejudice any stockholders. This is a very precise exercise.



We are left with no alternative but to pursue this avenue.



You may derive some comfort from our expedited “deals”, as announced, to dispose of these stockholdings to other quoted companies.



Once completed, this will undoubtedly pressure the DTC and the Broker/Dealer Compliance departments to resolve the matter as fast as possible.



You may rest assured that the Dividends to which you entitled, will be credited to your accounts in due course.



Please understand that our hands “are tied”, to some degree, we are reliant upon various regulatory bodies for this information and no Transfer Agent is going to accept Brokerage Statements, reflecting your stockholdings on the “Record Dates” as sufficient proof to simply transfer stock in these companies from the “Cede & Co.” stockholding to yourself.



Please believe me, we share in your frustration and are doing everything in our power to resolve this, and fast.



The fact that we now know, that all of your stock is held in the DTC “Cede & Co.” accounts has simplified matters considerably. You may derive some comfort in knowing that your stockholding records are safe in the hands of the DTC.



Kind Regards



Fortress Financial Group, Inc.