Fortitude Group, Inc. (FRTD)

[Ex Blockman]

I have no idea about any dividends. I must say, I completely forgot to ask about that. I will ask about it next week, unless John gets an answer first.

As to my estimates which have been discussed. With the EC V alone, extrapolate the numbers thru thee years at IHDR being able to place 600 units per year in Europe or the US. First full year at those placements producing various amounts of revenue equals 7200 units at anywhere from 19,000 to 44,000 per year. The sharing arrangement that IHDR will have is unknown at this point, and every contract may be structured slightly differently than others. Add into this equation another 7200 units coming on line the next year with the same revs. Now you have 14,400 units producing the anticipated above revs at whatever the sharing arrangement might be.
Add year three, year four, ect. etc.

Next we may be able to add in a few units from Panda Engineering or perhaps a few other manufactureres/distributers. Add in revs from the anticipated construction of the CADV plants.

Get the picture? I am still attempting to figure out the eventual numbers but it is a bit difficult to come to a defined amount due to the many uncertainties at this point in time. Play with the numbers though. It is not only mind boggling but fun too.

Hopefully, it plays out close to what we expect. Hey! If I am 50% wrong, we still have one hell of a ride ahead of us. Buckle your seatblelts!