Fortitude Group, Inc. (FRTD)

[Ex Blockman]

CableMan,

IHDR only makes a profit on the sale of the EC V, not the annual expected revenue savings that the end customer receives. Unless I am mistaken, which wouldn't be a first, IHDR will sell these units for $7,500. The end user, who pays that amount, will then be saving approx the amounts that you mentioned, $19k and $44k. These are the dollars amounts of electricity that the unit will produce. That results in the lowered energy costs to the end user in those amounts. An end user who invests $7.5K invests that money in a purchase of the EC V, and saves those amounts annually if everything remains equal.

I would love to see IHDR participate in the energy costs savings, but I do not believe that is what we are looking at here. Someone correct me here if I have this wrong, please.