Fortress Financial Group, Inc. – Acquisition
Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it has acquired the entire outstanding stock in Moneyworx, Inc.
Moneyworx, Inc. is a reseller of USA Domestic and International MasterCard Debit Cards. It is intended to utilize their expertise and experience in the launch of the Company’s own “Fortress” branded International Debit Card, this year. The Company will focus its energies on cardholder acquisition, through an extensive marketing campaign and the use of Internet Marketing technologies.
The Company acquired the outstanding shares of Moneyworx, Inc. Common Stock through the issue of Fortress Financial Group, Inc. restricted shares of Common Stock.
Alan Santini, the Chief Executive Officer of Fortress Financial Group, Inc. commented that “he was confident that stockholders would be able to get a far better idea as to Company’s business and its future plans; with the Company’s Corporate web site nearing completion.” The Company’s Management has spent extensive time in ensuring that the new web site contains exhaustive information on the Company. He expected the site to go “live” very shortly.
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; as it intended to extract value from these assets through a future “spin off” or a sale. The Company has disposed of its interests in the “Ambassador,”"Golden Eagle” and “Mockingbird” Gold Mining Exploration properties to Hunt Gold Corporation (PINKSHEETS : HGLC); and holds approximately 48% of Hunt Gold Corporation shares of outstanding Common Stock, as an investment.
The Company retains it interest in the “South Copperstone,” and “Bouse” Gold Mining Exploration properties, at this time.
Fortress Financial Group, Inc. 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.
