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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 rad10on May 08, 2019 9:09am
79 Views
Post# 29723691

RE:RE:Q1 disaster and talk of restructuring

RE:RE:Q1 disaster and talk of restructuringhope you are right - long debentures and did very well on the 2016 tranche of notes.  Chad's desperation not to be diluted with his heavy insider ownership of common stock was a key factor over the last few years.

This no longer holds true - but the company is in much better shape.

Interested to know what equity position has been given to the quebec government in exchange for the investment in the xylitol production startup etc etc.

Long FGE.DB.A - interesting few weeks ahead.
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