Fortitude Group, Inc. Launches 420cashcard.com
March 24 2014 - 8:45AM
Marketwired
Fortitude Group, Inc. Launches 420cashcard.com
ERIE, PA--(Marketwired - Mar 24, 2014) - Fortitude Group, Inc.
(OTC: FRTD) announced today their successful launch of
420cashcard.com.
The company has begun processing over 5,000 pre-order
applications and will announce to the public initial numbers after
their first issuance is completed.
According to the company website http://www.420cashcard.com,
"The 420 Prepaid Discover® Card was created to fill a void in the
medical and legalized recreational marijuana industry. The
marijuana industry is still very fragmented and the 420 Cash
Prepaid Discover® Card aids in bridging the gap between customers
and merchants."
New funds can be securely added to the 420 Cash Prepaid
Discover® Card by calling the toll free number or loading online
though the GreenDot network. The average GreenDot MoneyPak reload
card costs $4.95 to load up to $500.00. Users will also be able to
check real-time balance and transaction activity, and transfer
money between their cards 24 hours a day, 7 days a week.
As previously announced, unlike most cards, users will have the
ability to customize the redemption of their reward points. These
points can be used to redeem a wide variety of products. The 420
Cash Prepaid Discover® Card will have an emphasis on products
supplied by today's top cannabis vendors including dispensaries,
paraphernalia, hydroponic equipment and miscellaneous medicinal
merchandise. The launch for this amazing rewards program is
April 1, 2014.
Thomas J. Parilla, CEO of Fortitude, stated, "While we might be
a small company in size, we are growing daily with the expansion of
our business network and innovative product offerings. Taking
the unique approach of announcing our product offerings to the
public prior to their deployment has been a risky yet
successful undertaking. Our stock has responded well on rumor but
effectively achieved sell-offs on major news events. Talk is cheap
though and our ultimate success will be judged by our actions and
sustained follow through. Today, by proudly committing to our
http://www.420cashcard.com launch timeline, we initiated the
process of our 5,000+ pre-order applications, which we anticipate
will earn the company approximately $16,000 in initial card
purchase revenue and $144,650 in monthly transaction
revenue. Beginning Q4, our monthly goal is to fulfill 15,000
new card orders. Once achieved, the company will realize
approximately $48,000 in new card revenue per month while adding
$433,950 in average monthly transaction fees. The company should
realize a net revenue of $528,000 in annual card sales and over $33
million in annual transaction revenue.
"On March 22, 2014, the company also announced the launch of
http://www.FRTDIssuance.com. This website is designed to provide
exclusive communication to FRTD shareholders and address any
questions they may have during the Special Share Issuance of
Affinity Mediaworks (OTCQB: AFFW). The company is asking
shareholders to go to the site and enroll to help expedite this
issuance. According to the site, "Shareholders will
NOT be asked to
provide a copy of their brokerage statement but will be asked to
sign a certification form verifying their ownership. Once
submitted, your information will be verified and one of our staff
members will contact you within one business day to confirm."
About Fortitude
Group, Inc. is a diversified company with investments in multiple
sectors of the economy targeting joint ventures, wholly owned
subsidiaries and/or majority/minority positions that cross various
market segments with the goal of creating a quality company that
builds intrinsic value for its shareholders.
Forward Looking
Statements 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 Fortitude Group, Inc. Investor Relations Phone:
888-531-4931 Email: info@g3corp.net
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