SOURCE: Fortitude Group, Inc.

May 23, 2014 10:07 ET

Fortitude Group, Inc. Receives SEC Suspension

ERIE, PA--(Marketwired - May 23, 2014) - Fortitude Group, Inc. (PINKSHEETS: FRTD) announced today that they were made aware of an SEC suspension of the company's common stock.

Thomas J. Parilla, CEO of Fortitude, stated, "We are aware of the SEC suspension applied to our common stock and although we are unaware of any wrong doing, we are prepared to cooperate with FINRA and the SEC to rectify this matter and bring the company back into compliance. We will update you as this matter progresses."

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 Information

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    Fortitude Group, Inc.
    Investor Relations
    Phone: 888-447-5501
    Email: Email Contact