UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934

Date of Report: (Date of earliest event reported): August 20, 2008

FORTRESS FINANCIAL GROUP, INC.

 (Exact name of registrant as specified in charter)

Wyoming

(State or other Jurisdiction of Incorporation or Organization)

000-24262 (Commission File Number)	1903 60th Place E, Suite M2240 Bradenton, Florida 34203	91-1363905 (IRS Employer Identification No.)
	(Address of Principal Executive Offices and zip code)

(954) 840-6961

(Registrant's telephone

number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01 OTHER EVENTS

On August 18, 2008 the Company now has an amount of 28,167,377,817 shares of its Common Stock outstanding.

On August 19, 2008 and on August 20, 2008, the Company repurchased an additional amount of 245,000,000 shares of its Common Stock in the market and at a price of US$0.0003 per share.

As at August 20, 2008, the Company's number of outstanding shares has been reduced to an amount of 27,922,377,817.

The Company will ensure that all of these shares of its Common Stock repurchased; are cancelled by the Transfer Agent in the week commencing Monday August 25, 2008. The Company will ensure that all of these shares of the Common Stock are cancelled with the Transfer Agent prior to the declaration of the "Record Date" of its Extraordinary Dividend being payable to its stockholders.

ITEM 9.01                    FINANCIAL STATEMENTS AND EXHIBITS

(a)   Financial Statements of Business Acquired.

Not Applicable

(b)   Pro Forma Financial Information.

Not Applicable

(c)   Exhibits

None.

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 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

	Fortress Financial Group, Inc.
August 20, 2008	By:	/s/ Alan Santini
		Alan Santini
		Chief Executive Officer

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