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.
