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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 mr1derfulon Aug 16, 2012 12:05pm
226 Views
Post# 20224857

RE: RE: Chad's BNN Bounce: Chad is Scheduled on BN

RE: RE: Chad's BNN Bounce: Chad is Scheduled on BN

Chad is not taking FTP private for the simple reason that the company needs access to capital to fund capital expenditures for LSQ and any other future pulp mill acquisitions. The threats of taking the company private were just a way for Chad to draw attention to the company's cheap stock price. Chad is Mr. Salesman. If the company would produce substantial cash flow then the share price would take care of itself and we wouldn't have to hear the same old interviews on BNN.

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