Friday, May 23, 2014
Fortitude Group, Inc. Executes Development Agreement With East Coast Native American Nation
ERIE, PA (Marketwired) Fortitude Group, Inc. (PINKSHEETS: FRTD) announced today that they have executed a development agreement with an East Coast Native American Nation. Under the terms of the agreement, Fortitude shall develop a white labeled social media aggregator that can be used by the tribal casino hosts and management to further enhance the casinos personal profiles of existing high frequency gamblers. In addition, upon completion, this application will provide the casino a currently unavailable, real-time tool that can be used to qualify new player s credit worth and the risk associated with specific players based on past performance at other facilities. This application is being developed around the same technology that powers Fortitudes ShareholderCONNECT application. The proposed completion and delivery date is June 22, 2014. Thomas J. Parilla, CEO of Fortitude, stated, This agreement is the first of many that we plan on executing over the next year. The revenue model
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