Fortitude Group Inc. Acquisition Announcement
June 19 2013 - 7:00AM
OTC Markets
Erie, PA., June 20, 2013 : Fortitude Group
Inc. Acquires Auction
Company
Fortitude Group Inc., (Ticker Symbol FRTD)
CEO Thomas J. Parilla announces that Fortitude Group Inc. has
acquired 51% of the Florida based corporation: Big Time Auction
& Liquidations Inc. Big Time Auctions & Liquidation Inc.
operates under the direction of a 25 year industry veteran, Col.
Gary Bowman.
Mr. Parilla Stated ?As outlined in prior
press, the company is in final negotiations with several companies.
I am happy to announce the closing related to one of those
companies ?Big Time Auction & Liquidations Inc.? The future
potential for rapid growth along with the company?s recognized
success to date made this an easy choice and a quality
acquisition.?
Col. Gary Bowman said ?We are elated to
have successfully finalized our negotiations with Mr. Parilla to
become part of the Fortitude Group Inc. Big Time Auction &
Liquidations Inc. looks forward to a prosperous
relationship.?
Mr. Parilla added ?As the company seeks
additional acquisitions that will further bring Diversification and
Intrinsic value to our company we will provide additional updates
when warranted.?
Safe Harbor:
This press release contains
forward-looking statements. Such forward-looking statements are
subject to a number of risks, assumptions and uncertainties that
could cause the Company's actual results to differ materially from
those projected in such statements. Forward-looking statements
speak only as of the date made and are not guarantees of future
performance. We undertake no obligation to publicly revise any
forward-looking statements.
Contact
Sterling Capitol Investor
Relations
Phone: (631) 824-7661
Email :
IR-FRTD@sterlingcapitol.net
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