Fortitude Group, Inc. Announces Corporate Progress
May 16 2014 - 9:39AM
Marketwired
Fortitude Group, Inc. Announces Corporate Progress
ERIE, PA--(Marketwired - May 16, 2014) - Fortitude Group, Inc.
(PINKSHEETS: FRTD) announced today that they have registered the
following domain names to enhance their current product
offerings:
FRTDGroup.com FRTD.net FortitudeGroup.net VaporVites.com
iShareRewards.com AffinityEliteCard.com CrowdExaminer.com
ShareholderConnect.com InvestorLynks.com
The company plans on having the newly registered websites active
before the end of May 2014. The majority of registered sites will
offer an e-commerce platform that will allow consumers to order
Fortitude products direct from the manufacturers and
distributors.
To date the company has received over 15,000 individual orders
for the VaporVites herb vaporizing system. This number includes the
initial 5,000 order the company received April 8th. The
initial 5,000 order will be fulfilled the first week of June with
the remaining 10,000 units completing fulfillment mid-June. The
initial deposit for the combined 15,000 units has been received by
the company and the outstanding balance will be paid to the company
COD upon receipt of the VaporVites delivery by the purchaser. The
company has also announced that they have a backlog of over an
additional 43,000 orders for the VaporVites system which they plan
to fulfill in July.
Thomas J. Parilla, CEO of Fortitude stated, "We are growing our
cash-flow based businesses at a better than expected rate. I
am confident that once we launch our newly registered websites, our
e-commerce revenue model will help ensure we reach our goal of
selling 250,000 VaporVites systems in 2014."
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:
888-447-5501 Email: Email Contact
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