Fortitude Group Inc., (OTC: FRTD) Thomas J. Parilla, CEO today announces the return to the treasury of over 42 million shares of company stock.
The company recently returned to its Transfer Agent 42,467,100 Million Shares of Restricted Common Stock. These shares were collected from in correct issues and from former officers. The shares will be placed back into treasury.
"This is just the start, as I remain actively engaged in bringing back to treasury all the illegally issued 161 million shares of common stock issued to John Stanton's company: Molecular Resilience, Inc." stated CEO of Fortitude Group Inc. Thomas J. Parilla
Additional updates will be made available as warranted.
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.
Safe Harbor:
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:
Investor Relations
Phone: (631) 824-7661
Email: IR-FRTD@sterlingcapitol.net