SOURCE: FORTRESS FINANCIAL GROUP, INC.

July 01, 2008 09:44 ET

Fortress Financial Group, Inc. -- CEO Confirms Stock Purchases

Company's CEO Confirms Substantial Personal Stock Purchases

NEW YORK, NY--(Marketwire - July 1, 2008) - Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that its Chief Executive Officer. Alan Santini, has acquired an amount of 2,400,000,000 "free trading" shares of the Company's Common Stock at a price of US$0.0001 per share.

Alan Santini holds an additional amount of 1,500,000,000 restricted shares of the Company's stock as disclosed in a filing with the SEC on January 22, 2008.

Alan Santini will be filing an updated schedule of his holdings with SEC.

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. Upon the closure of the Trinity Mercantile Finance and the Mortgage Bank acquisitions; Fortress Financial Group, Inc. will expediting its plans to become a broadly based Consumer Finance Group. The "Mortgage Division" 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$1billion comprised of quoted and unquoted Gold Mining & Exploration stocks; to aggressively fund a large number of acquisitions in the consumer financial services sector; initially focused on the Mortgage Lending and Banking sector.

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 Information

  • Contact:

    Fortress Financial Group, Inc.
    Alan Santini
    Chief Executive Officer

    Email Contact

    Tel: (954) 840-6961