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Have to keep the spread tight one tick below the ask don't give ASCM room to play games with us !! If we can do that this will be 03 by EOD
funny how the CEO took all the blame for what was perceived as a failure, but now some are saying deserves non of the credit for what looks like an amazing success - LOL, they can't have it both ways...
If the CEO is working closely with his funding partners to discuss strategy, he is still the CEO and makes the final decision therefor he gets the credit and no one else IMHO, much deserved credit I might add
$FRTD - stake in primarq increases it is now 45% !!!
"Thomas J. Parilla, CEO of Fortitude stated, “Under the preliminary terms of our purchase agreement, we have committed to invest $4 million USD for a 45% stake in PRIMARQ. "
$FRTD OUTSTANDING Press released today -
"The agreement calls for closing this acquisition on or before March 7, 2014, at which time the Company will announce to the public, the name and symbol of the new publicly traded portfolio company. The release will further outline the dividend ratio to be issued to Fortitude shareholders as well as the effective date for this dividend."
$FRTD CEO getting it done for shareholders !!! Looking very solid indeed
$FRTD - seeing 5 Stars on the board. How sweeeeeeeeet !!
Call ASCM (949)259.4920 tell them you are reporting them to finra and sec.
ASCM - TOTAL BULL SHIT I am Videoing my L2 to show finra nand sec that ASCM is hiding his offers, you can't show 10K and get hit for 100K and move out of the way...
ASCM shorting, we can't let him cover, keep it tight and make him buy back higher, its the only way to move him out of the way.
$FRTD .25 target by end of March IMO !!
I am going to jump in front of him on the bid, make him move up or get out of the way..
that's me 0226
ASCM trying to scare people , is on both sides bid/ask, don't let him cover, and we burn his ass :)
Over time, and yes I would imagine that after the buy they will update shareholders. The press stated they could buy at market prices ( open Market ) or they may buy back private placment holders shares, either way it tightens this the SS up, which is already very workable as indicated in the Sp move....
ASCM will be buying back at higher prices, poor short bastard will help push this to .25 :)
Today we burn the shorts :)...
Share price is what concerns people, and the SP is moving up and up!!
PF - $FRTD keeps getting better and better, you have to love the move in the SP and the positive energy being generated by the board. The move is all organic, and is a long way from being over. Parilla has been a busy bee, and has done well by real shareholders.
$FRTD looking the float is almost locked , she is getting thin and trading very tight. About to bust out BIG TIME
Real Shareholders think the current SP is good for shareholders.
And the future Sp is even better !!!
CEO of PRIMARQ 4 months ago!!! WOW this is HUGE!!!!!!!!
Shorts are freaking out , they can't stop the Momo... $FRTD way to strong
FRTD awesome $$$$$ , plenty more good things to come. Looks like a .25 stock very soon IMHO.
smart move.... GLTY
$FRTD - another strong day $$$$$$, best low float MJ stock IMO
$FRTD - Marijuana and Discover Card Network - HUGE !!!!!
Fortitude Group, Inc. (OTC: FRTD) Announces MAA Partnership With EviteXchange.com for the Marijuana Industry
ERIE, PA, Feb 24, 2014 (Marketwired via COMTEX) -- Fortitude Group, Inc. (OTC: FRTD) CEO Thomas J. Parilla is pleased to announce that on February 22, 2014, the Company executed a Master Agent Agreement with eViteXchange.com. Under the terms of the agreement, Fortitude will offer and facilitate closed-loop transaction processing to legal dispensaries in the medical marijuana industry as well as provide processing for entities in states that have legalized recreational marijuana sales.
Fortitude shall acquire from eViteXhange.com the URL's 420banc.com and 420cashcard.com. Both domains will be used as a pre-paid platform allowing legal marijuana merchants customers to process purchase transactions using a debit card vs. cash. The private-label card will offer additional rewards and points to the card holders which can be custom designed to fit their individual likes and needs. Fortitude expects to derive approximately $155.00 annual profit per retail card user. The Company intends to launch on March 17, 2014.
Thomas J. Parilla, CEO of Fortitude, stated, "The market for prepaid products has been growing at a tremendous rate in the U.S. over the past several years. With the recent changes to State laws regarding the purchase and sell of marijuana, we see this as an industry in its infancy. Our merchant products allow a retailer to sell product while staying compliant with State and Local tax laws. Our retail products allow for buyers to purchase cannabis while being able to use the same card at traditional merchants via the Discover card network. Our 420banc.com will be used for merchants and the 420cashcard.com will be used for retail buyers."
Nice post, and I agree
Fortitude Group, Inc. (OTC: FRTD) Announces Stock Repurchase Plan
ERIE, PA, Feb 26, 2014 (Marketwired via COMTEX) -- Fortitude Group Inc. (OTC: FRTD) CEO Thomas J. Parilla today announced that its Board of Directors on February 25, 2014 adopted a corporate resolution to authorize a stock repurchase plan pursuant to which Fortitude Group, Inc. may repurchase up to 100,000,000 (100 Million) shares of its common stock.
"Fortitude is committed to maximizing shareholder value. The company's recent entry into the Medical Marijuana sector and the quickly improving financial outlook for Fortitude gives management the opportunity to repurchase common stock. This action will demonstrate our commitment to this goal," Mr. Parilla stated.
The stock repurchase program has a flexible design allowing for repurchases to be made in the open market at prevailing market prices or in privately negotiated transactions if warranted; in accordance with all applicable securities laws and regulations. Ultimately we will achieve our intended goal to make appropriate adjustments to the Company's capital structure, further increasing shareholder value. Repurchasing of stock will be made at the discretion of Fortitude Group, Inc. management according to the programs guidelines.
In addition Mr. Parilla went on to say, "In response to several inquiries received FRTD does not have 504 or any toxic financing in place, and no plans to employ such methods."
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: infofrtd@gmail.com
FRTD reminds me of the women I like thin and tight !!
Hey King V, how sweet it is for all of us who took shit from others over the last year. Who is laughing now? we are all the way to da bank !!!
I spoke to the company on Friday, it is unchanged
I sure hope shorts didn't get caught by surprise - NOT !!!
How sweeeeeeeeet is this !!!
How sad that birmingham got a way with it again...
Sorry to say this will be trip 1 and no bid by July. same old MO. BS press that never gets followed up on, dilution out the ass, and then walk away and move on to the next bogus shell, which you cleaned out a year ago by R/Sing the crap out of everyone...
He will do the same here, get out while you can, Birmingham is TOXIC
Plenty of gas in FRTD tanks, this has huge upside potential, just the discover card news yesterday would be enough , but the company has so many other positive things, silver in two weeks or less IMHO.
$FRTD - Discover Card Network and MJ - HUGE Positive Development !!!
Fortitude will offer and facilitate closed-loop transaction processing to legal dispensaries in the medical marijuana industry as well as provide processing for entities in states that have legalized recreational marijuana sales.
Ok, so why do you appear to be so upset that people who are not shorting ;)the stock are making coin?
You need to reread my post I was not posting regarding the market as a whole, just one segment of.
Shorts hate FRTD's positive move ;)
You mentioned Colorado, that is just one state out of 22, plus there are 9 additional states with MJ initiatives on the ballot, this deal is huge. This deal should silence FRTD's critics , who have claimed there was no meat to last weeks announcement.
GO FRTD, Thank you Mr. Parilla for the great upside potential
Totally agree , this will not be under a penny for long. Market needs to really take a good look at today's press so that they can fully understand the positive implications. The numbers added to the company's bottom line make this a undervalued stock at .30 cents never mind a penny....
$FRTD - outstanding press today, we consolidate a little here and then she moves back over a penny and then some IMHO