Fortitude Group, Inc. Announces Cloud Based Technology Launch
15 May 2014 - 11:59PM
Marketwired
Fortitude Group, Inc. Announces Cloud Based Technology Launch
ERIE, PA--(Marketwired - May 15, 2014) - Fortitude Group, Inc.
(PINKSHEETS: FRTD) announced today that on May 26, 2014 they are
launching ShareholderConnect.com.
Shareholderconnect.com is a cloud based application that was
created by the management team at Fortitudes recently acquired
financial website. The application is an aggregator that takes
static shareholder information that is commonly provided to small
public companies by their transfer agent and often only includes
the shareholders name and address. ShareholderConnect.com enhances
the individual file by using public domain to compile individual
information such as a shareholder's LinkedIn, Twitter, Facebook and
iHub accounts. This application was designed to enhance a
small public companies shareholder communication experience.
Thomas J. Parilla, CEO of Fortitude stated, "We have been BETA
testing the ShareholderConnect.com product for the past month with
10 small public companies. Each company had an average
shareholder base of 2500 individual records and by using
ShareholderConnect.com, we were able to enhance on average, over
63% of the static records provided or 1,575 records.
We have compiled detailed information on over 3,900 small public
companies that fit our initial product criteria and we will begin
marketing the ShareholderConnect.com application to them starting
May 26, 2014. Our price point is $499.00 per month with a
one-time $150.00 set-up fee. The client will have the option
to pay a year in advance for which they will receive one-month free
for the annual payment. Our goal is to execute agreements with 200
companies during the remainder of May through June 2014. Based on
our test market data we are confident that we can meet and or
exceed this goal.
Our focus is to build revenue streams and acquiring cash
flow. With the launch of the ShareholderConnect.com
application we should add a minimum of $100,000.00 per month in new
revenue which will compound as additional small companies sign-up
with the application."
About 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.
Contact Fortitude Group, Inc. Investor Relations Phone:
888-447-5501 Email: Email Contact
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