Replies to post #43350 on Fortitude Group, Inc. (FRTD)

[QServus]

I can say that the transaction is moving forward and is scheduled to close prior to the suspension being lifted.

No it is definitely not.

He's making it sound like a baby delivery.

The cute part about this (that average joe the trader wouldn't know) is that this is NOT how buyouts happen in any way shape or form.

Due dilligence is done WAY before ANY paperwork is brought forth.

Then it is simply sign off. That's it.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102700299

$FRTD

[penny-picker1]

sounds great

[mrscashflow]

Onemanband Thank you #9! I knew Tom would satisfy!

[CGardener]

for all of those who have serious money in this, I hope there's a merger in this for you. but Parilla's assertions about this closing before the suspension lifts are simply false. the deal - if there is one - can sign at any time. but issuing the shares of the buyer to all of you requires the filing of a registration statement with the SEC, filing audited financials of FRTD, getting through the SEC review process and other steps that will take months to complete.

given Parilla's history of leaving out important facts (lime the 2012 divvy shares being restricted and the AFF*W shares requiring SEC registration) , i would suggest you prepare yourself for the opening of trading on the 9th and a long wait until closing.