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Bullboard - Stock Discussion Forum Fortress Global Enterprises Inc - Class A FTPLF

Forest Products Lumber & Wood Production
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 Discussion

Fortress Global Enterprises Inc - Class A > More Insider Buying by CEO
View:
Post by Contrarian333 on Jun 28, 2019 8:48am

More Insider Buying by CEO

see SEDI
Comment by nkbourbaki on Jun 28, 2019 1:37pm
Do you happen to know how much equity he is contractually obligated to purchase? Regardless, a positive development. What is Marco doing selling 6500 shares at 0.65??   Needed a new washer/dryer?
Comment by Contrarian333 on Jun 28, 2019 1:53pm
Yes, from memory he needs to own 3X his salary adjusted for DSUs granted.  He has to have that in place by the time his 5 year anniversary with the Company comes about as I recall.   I suspect he has a short window to buy some shares before they enter discussions with both new potential secured lenders and the principal convert holders.
Fortress Global Enterprises Inc - Class A
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