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Fortress Global Enterprises Inc - Class A FTPLF

Fortress Global Enterprises Inc produces paper pulp, security papers, and other security-related products. The company through its segments produces dissolving pulp which is primarily used for viscose/rayon manufacturers in Asia. Its business is spread across Asia where it generates most of its revenues, Europe, Canada, and International.


GREY:FTPLF - Post by User

Comment by HCI_STEELon Jun 23, 2019 7:59pm
67 Views
Post# 29854372

RE:good development

RE:good developmentProbably in the next few days when the interest payment is due
rad10 wrote: Expect we will see something regarding the debentures in the coming months.

"first step in strengthening our balance sheet and is a key component of our vision to create a long-term financing structure that will support the Company's growth." 

"agree to a further deferral and subordination of its security is reflective of our positive ongoing partnership with IQ and enables us to explore and evaluate new financing opportunities". 

Insider buying suggests dilution less likely.

Long debentures and very small new position in the equity.


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