Replies to post #23028 on Fortitude Group, Inc. (FRTD)

[playtowin1]

Great post , thank you for sharing with the board !!

[skibum2k]

Stervc, your DD posts are always meticulous, thorough and well researched. Your current FRTD interpretation is no exception. You have done a great service here....my heartfelt thanks!

[Ibanksonit]

Excellent - shareholders need to read your valuation post, the divy is a gift a generous gift at that, but that is not the only thing that FRTD has going on. This is a .25 to .30 stock, so undervalued.

[js8797]

The problem is Primarq is a concept, therefore it has ZERO value. There are no finite numbers. You are simply speculating on what you read. This Primarq BS came out last July and did nothing for the SP. Here it is eight months later and Cinelli's concept is no closer to reality than it was six years ago when he came up with it plain and simple.

[Alinswift]

Sorry just asked for this but I responded to your old sticky...Thank you!

[Slojab]

Wrong, Steve. It was very clear that Primarq is to be placed in the shell.

I see that some have interpreted as if AFFW is going to remain a shell with nothing ever going into it

Also wrong on this statement...

Remember this news of PRIMARQ to be generating $570,000,000 in Revenues with EBITDA of $190,000,000 over a 5 year time frame indicated below

PROJECTED to be generating. Big difference.

I am hearing that the valuation numbers above for PRIMARQ are very conservative

Can you offer the DD to support this statement? Or are these just more rumors?

I won't address the "valuation" you provide, as I've already discounted it in it's entirety. As well as the conversion values of the divy which I addressed in the sticky.

[Pink salmon]

Very thorough and well thought out sir. Thank you for sharing.

$FRTD

PS

[mikeski74]

Nice work sir

[PRONEW]

Well done and much appreciated once again sterv!!

[MarqueeGemFinder]

Stervc and ALL with your DD on FRTD- Dividend

It is my opinion, that the next few sessions here are going to very intriguing. Was able to grab more on the short selling drama at end of day.
This has the POTENTIAL to be 500%--1000% mover here on the mo conservative side of the valuation trends.

Thank you for your articulate and invaluable post - presenting your speculative and pertinent thoughts for us all to thoroughly enjoy.

Nice validation today from the company. The more they continue this transparency - the higher the pps will go. Divy time!

All the best
M

[TheFinalCD]

whats your take on todays trading Sterling

[Wolf Man]

Stervc I hope you don't mind but I am re-posting your earlier post from yesterday so hopefully will understand the magnitude of the dividents:
FRTD/AFFW Additional Value from the Dividend...

Now that we have some more finite variables, we can derive some more finite values to consider based on what has been PR-ed by FRTD below:
http://ih.advfn.com/p.php?pid=nmona&article=61420427

I see that some have interpreted as if AFFW is going to remain a shell with nothing ever going into it. Those thoughts are very incorrect because PRIMARQ is going to be going into AFFW as the new operational entity. Remember this news of PRIMARQ to be generating $570,000,000 in Revenues with EBITDA of $190,000,000 over a 5 year time frame indicated below:
Quote:

Fortitude Group Inc., (OTC: FRTD) – Primarq Inc. PROJECTED FIFTH YEAR – REVENUES $570MM; EBITDA $190MM; MARKET CAP $5B
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=961672360

From what I have learned after doing a little further due diligence (DD), I am hearing that the valuation numbers above for PRIMARQ are very conservative. I have also learned that it is fair to consider PRIMARQ to generate a divisible by 5 of the numbers within that previous PRIMARQ PR to derive an at least minimum per year amount for revenue and EBITDA generation. This means that we can conservatively consider the following from the numbers above…

Revenues of $570,000,000 ÷ 5 = $114,000,000 PRIMARQ Revenues Per Year
EBITDA of $190,000,000 ÷ 5 = $38,000,000 PRIMARQ EBITDA Per Year
Market Capital of $5,000,000,000 ÷ 5 = $1,000,000,000 for PRIMARQ Market Cap Per year

When you do more due diligence (DD), you will learn that the per year numbers above for PRIMARQ are very conservative, but I’ll use what we know from the PR above thus far to derive two valuation models for PRIMARQ/AFFW; the Earnings Per Share (EPS) Model and the Market Capital Model.

[Sam'd'Mil]

FRTD .06+ now... Awesome!!!

[Little Wolf]

Thank you for this DD as always Stervc. I have people reviewing this ultimate DD post. FRTD

[GOLDMAN STACKS]

Your assuming the deal has been confirmed.. Which it has not. Let's be realistic. Anything from the company on the deal? If not even more yikes