|By Marketwired .||
|May 16, 2014 10:40 AM EDT||
ERIE, PA -- (Marketwired) -- 05/16/14 -- Fortitude Group, Inc. (PINKSHEETS: FRTD) announced today that they have registered the following domain names to enhance their current product offerings:
The company plans on having the newly registered websites active before the end of May 2014. The majority of registered sites will offer an e-commerce platform that will allow consumers to order Fortitude products direct from the manufacturers and distributors.
To date the company has received over 15,000 individual orders for the VaporVites herb vaporizing system. This number includes the initial 5,000 order the company received April 8th. The initial 5,000 order will be fulfilled the first week of June with the remaining 10,000 units completing fulfillment mid-June. The initial deposit for the combined 15,000 units has been received by the company and the outstanding balance will be paid to the company COD upon receipt of the VaporVites delivery by the purchaser. The company has also announced that they have a backlog of over an additional 43,000 orders for the VaporVites system which they plan to fulfill in July.
Thomas J. Parilla, CEO of Fortitude stated, "We are growing our cash-flow based businesses at a better than expected rate. I am confident that once we launch our newly registered websites, our e-commerce revenue model will help ensure we reach our goal of selling 250,000 VaporVites systems in 2014."
Fortitude Group, Inc. is a diversified company with investments in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and/or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.
Forward Looking Statements
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
Fortitude Group, Inc.
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