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For more info: http://www.realpennies.com/otc/ffgo Fortress Financial Group, Inc. -- Update on Hurasu Dividend Payout (OTC:FFGO) Fortress Financial Group, Inc.
Company Confirms the Imminent "Record Date" and "Pay Date" Declarations of the Extraordinary Dividend
NEW YORK, NY -- Fortress Financial Group, Inc. filed a Form 8-K on January 16, 2009 in respect of the payments of the Hurasu Resource Corporation shares of Common Stock to its stockholders.
This Form 8-K dealt with the forthcoming Extraordinary Dividend as well as the payment of the remaining outstanding Stock Dividends in "Bouse" dated November 7, 2006 and the "South Copperstone" Stock Dividend dated December 2, 2005. Certain stockholders have communicated to ourselves that these dates are incorrect; this is not the case, these dates have been verified by the Transfer Agent to the Company. The Company stands by the statements in the Form 8-K filed on January 16, 2009.
These historical outstanding dividend payments are being dealt with separately and are unrelated to and will in no way delay the payment of the Extraordinary Dividend.
The Company is now in a position to confirm that the Extraordinary Dividend "Record Date" and "Pay Date" will be announced shortly; the Company is awaiting completion of the final statutory details from Hurasu Resource Corporation. The Company confirms that the value of this Extraordinary Dividend is in the amount of US$0.0239 for every 1 share of Fortress Financial Group, Inc. held at the "Record Date" to be announced.
Upon the completion of these Stock Dividend payments, the Company will have completed its Stock Dividend Payments; in full.
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: Contact: Fortress Financial Group, Inc. Alan Santini Company Secretary Email Contact Tel: 840-6961 Source: Fortress Financial Group, Inc.
Profile for Fortress Financial Group, Inc.
Fortress Financial Group, Inc. operates as a reseller of domestic and international MasterCard debit cards. The company is based in the Bradenton, Florida.
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