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 by User

Fortress Global Enterprises Inc - Class A > CEO IADELUCA

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Comment by yyzinvestoron Aug 16, 2019 7:34am

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Post# 30035533

RE:CEO IADELUCA

Often a part of any C-Suite position you have to own a percentage of your income in common shares. The idea is to have your interest aligned with shareholders.

Why is it a going concern? Well it's losing money every quarter as their product is selling at a 10 year low. They have a lot of debt and no feasible way to pay it off.

Either a White Knight , mixture of government, re-negoiated debt and private company comes in and buys it. This is 'hope' and 'hope' is never a rational investment strategy.

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