Fortitude Group, Inc. (FRTD)

[MorningLightMountain]

I never had a "gig", just became aware of IHDR due to the deal that once existed with EFTI

(for example)

http://www.globenewswire.com/newsroom/news.html?d=104477

once I started LOOKING at what IHDR was proposing, I saw that there was no way the much more complex E-Commander could compete with a simple turbine......eventually, the engineering data that was released (them removed) on the IHDR website validated my view that the device would not only be much more expensive than a traditional small turbine, with all those machined parts, but much less efficient....

BTW, where did you get some of your numbers, from a hat?????

http://www.redorbit.com/news/science/298139/ihdrs_european_partner_forecasts_14_million_in_revenue_under_agreement/index.html

"""IHDR's joint venture partner, Cm2, will assist in the sales and distribution of IHDR's Energy Commander Systems Unit (EC unit). Cm2 expects that each EC unit will generate annual revenues in excess of US$44,000. Cm2 expects to distribute between 300 and 600 units in their first fiscal year, in addition to domestic U.S. distribution. Under the joint venture agreement, IHDR shall receive approximately 35% of revenue plus approximately $2,500 per unit produced for European use as a one-time up front payment per unit sold as well as a large share of revenues gained from the EC units that are distributed in Europe. With a five to seven year life span, the EC unit, with a projected cost of about $7,500.00 per unit according to Cm2, will bring a 29-to-1 cost to revenue basis."""