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About Tornado Gold International Corp.
Tornado Gold focuses on the discovery of massive gold deposits (greater than 7M ounces). To that end we have chosen Nevada - one of the most prospective places on earth to find and exploit such gold deposits. Our exceptional team of proven explorers utilizes unique, cutting-edge technology that we believe helps us to quickly and precisely target the areas on the earth where these massive deposits may lie undiscovered. Tornado Gold is headed by an experienced management team with decades of collective experience which contributed to many discoveries of significant ore-bodies throughout the United States.
Recent News:
Jul 31, 2008 -- Tornado Gold International Corp. (OTCBB: TOGI | Quote | Chart | News | PowerRating) (the "Company") has selected the Illipah property as its first drill program, based on results from its ongoing exploration program and historical data from previous exploration programs.
Between 1982 and 1992, Alta Gold produced 37,000 ounces (greater than $33,000,000 dollars at current gold prices) from an open pit at the north end of the Illipah property. A number of other groups have conducted exploration programs on the property, including Barrick Gold, Tenneco, Battle Mountain Gold, and Cyprus Gold.
Historically, from thirty four bore-holes drilled in previous exploration programs, one hole drilled by Battle Mountain Gold intersected 35 feet averaging 0.08 oz/ton gold at a depth of 750 feet. Similarly, Alta Gold intersected 20 feet of 0.27 oz/ton gold at 345 feet. Based on historical data from near-surface exploration of past programs, Tornado has derived a current resource estimate of 953,717 tons of ore grading 0.036 oz/ton gold for a total 34,657 oz/gold. These significant results have received no follow up to date. More importantly, drilling to date has not tested more promising, deeper formations on the Illipah property. Tornado Gold will focus the next phase of drilling operations on these deeper formations.
Research shows a geological setting at Illipah similar to that at Newmont's Rain deposit, located 65 miles northwest of Illipah. The Rain Mine reportedly hosts an average grade of 0.40 oz/ton gold and Newmont estimated the resource potential at over 2.0 million ounces of gold over a 4,500 foot strike length. Newmont originally mined the Rain as an open pit, but later discovered higher grade gold at depth. This discovery is now reflected in the exploration concept for economic mineralization at Illipah, where Tornado intends on exploiting the known low grade ore reserves at shallow depths of 300-500 feet, as well as targeting deep high grade ore bodies between 1000-2500 feet. The Illipah property could potentially host up to seven million ounces of Gold based upon current and historical surface and sub-surface geological data compiled to date.
About Fortress Financial Group, Inc.
Fortress Financial Group, Inc. was primarily engaged in the issuing and marketing of prepaid debit card and related payment solution activities. Through the closure of the Trinity Mercantile Finance Group and the Mortgage Bank acquisitions, Fortress Financial Group, Inc. is now expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage and Consumer Lending Divisions" will comprise the vast majority of the Group's earnings in the immediate to medium term.
The Company is utilizing is substantial Balance Sheet of circa US$100 million comprised of quoted and unquoted Gold Mining & Exploration stocks (This is after the payment of the Extraordinary Dividend of US$400 million to stockholders), to aggressively fund a large number of acquisitions in the consumer financial services sector, initially focused in the Mortgage Lending and Banking sectors.
Recent News:
Jul 31, 2008 -- Fortress Financial Group, Inc. (PINKSHEETS: FFGO | Quote | Chart | News | PowerRating) has been inundated with requests for information following certain statements in respect to a Private Equity Group acquiring up to 51% of this Company's shares of Common Stock.
We can confirm that this is now extremely likely, as a number of substantial restricted stockholders have confirmed to us this morning that they have sold their shares to this Private Equity Group today. We calculate that they will be in a position to obtain 51% of this Company by Monday August 4, 2008, if not before. It appears that this Private Equity Group has built up a substantial position of the Company's "free trading" stock over a period of some time.
The CEO and controlling stockholder of the Private Equity Group has confirmed that Alan Santini will remain as CEO of Fortress Financial Group, Inc. and that the Extraordinary Stock Dividend will proceed as announced. This is a pure "value play" for this Private Equity Group.
There is now little doubt that the same Private Equity Group intends to mount a takeover bid for Hunt Gold Corporation.
Alan Santini, the CEO of Fortress Financial Group, Inc., commented that they have his full support and that he was extremely comfortable with having a supportive controlling stockholder with deep pockets. Alan Santini added that the CEO and controlling stockholder of the Private Equity Group was well known to him for a long period of time and enjoyed his full trust and respect.
Stockholders can expect to see a number of Form 13(d) filings from this Private Equity Group being filed with SEC within the allotted ten day period as they build up their stake in the Company.
About NeoMedia Technologies, Inc.
NeoMedia Technologies, Inc. (OTCBB: NEOM | Quote | Chart | News | PowerRating) is the global leader in optically initiated wireless transactions, bridging the physical and mobile world with innovative direct to web technology solutions. To provide a robust high-performance infrastructure for the processing of optical codes NeoMedia extends their offering with award winning Gavitec technology. Located in Germany, Gavitec AG - mobile digit is a leader in development and distribution of mobile scanners and software for mobile applications. In addition, Gavitec provides standardized and individual solutions for mobile marketing, couponing, ticketing and payment systems. To learn more visit www.neom.com, www.neoreader.com, and www.mobiledigit.de.
Recent News:
Jul 31, 2008 -- NeoMedia Technologies (OTCBB: NEOM), the global leader in camera-initiated transactions for mobile devices, announced today that their mobile barcode scanning application -- NeoReader(R) -- is now available for the iPhone and free to download from Apple's App Store. The NeoReader transforms the iPhone into a barcode scanner which provides instant access to mobile content by clicking on 2D barcodes.
Available immediately for free download, iPhone users simply install the NeoReader barcode scanning application onto their iPhone via Apple's App Store, either over a cell network or using Wi-Fi. The application is also accessible via iTunes.
The NeoReader application turns the iPhone into a mobile conduit to interactive content and information. The simple "one click" access makes the mobile internet much more accessible for iPhone users -- by scanning 2D barcodes via the iPhone's camera, users avoid typing in long URLs and navigating cumbersome menus. The 2D barcodes serve as "hyperlinks" from printed mediums to mobile web content and are activated when and where users choose.
The use cases for mobile barcodes are virtually endless, from advertising or editorial content (e.g. movie trailer, product coupon or video content to accompany a print article) to public service information (e.g. bus schedules or prescription drug information) and personal information (e.g. interactive business card). iPhone users can even promote themselves with mobile barcodes. By creating personal codes users can link their website to a business card, a t-shirt, a social networking profile or any other creative place a barcode can be printed.
"We are very exited the NeoReader for iPhone has been approved by Apple -- the superior web experience of iPhone translates to an enhanced experience with the NeoReader as well. iPhone users are exactly the type of consumers that can propel mobile barcode usage into the mainstream," stated Iain McCready, CEO of NeoMedia Technologies. "We know the mobile handset is sacred ground for iPhone users and we respect that. The NeoReader empowers consumers to 'take control' of the content that reaches their iPhone -- they choose when and where they want to engage with a mobile barcode. NeoMedia makes sure the experience is secure, fast and reliable. I believe the NeoReader can be the breakthrough needed to deliver the promise of an easy and accessible mobile internet experience."
The NeoReader is a universal barcode scanning application that reads all standard 2D barcode symbologies -- QR, Data Matrix, Aztec -- so iPhone users won't need multiple barcode readers. Many companies are beginning to utilize 2D barcodes in their marketing and communications efforts. By installing the NeoReader, iPhone users will enjoy the value and convenience of a rich and relevant interactive experience wherever they encounter a mobile barcode.
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