Rounder Inc.Launches a New Medical Product Division and Provides Shareholders Additional Updates
WASHINGTON--(BUSINESS WIRE)-- Rounder, Inc (Pink OTC Market: RNDR) announced today the formation of a medical products division. The newly formed division is designed to market over the counter nutraceuticals along with medical therapeutic devices at its inception, with additional medical related products to be added in the future.
Norman Birmingham commented, "We have taken the steps to form this Medical Products Division in anticipation of successfully completing negotiations to purchase and market nutraceutical formulations. The targeted products offer relief of various human maladies, while others are designed to strengthen bones, muscles and further to provide better functions of various human organs."
Mr. Birmingham went on to say, "The Company also seeks to acquire medical device manufacturers. We have been very active in seeking to build a solid foundation that produces instinct value for our shareholders. Negotiations for the acquisitions are moving forward at a good pace, we fully expected to proceed with the intentions of concluding them prior to December 31, 2012. We are excited about our future prospects as the US market for nutraceuticals alone is expected to reach $891 million in consumer purchases by 2013."
Additionally, the company has begun the process for changing the name and stock symbol. The new company name is Fortitude Group, Inc. and we expect to begin trading under that name in January 2013. The company has received and successfully cancelled 90,000,000 shares of restricted common to date. The process of eliminating the additional 161,000,000 shares continues. These shares will be taken out of the market as the company will not honor them as previously announced, as they were not created legally and therefore they are not outstanding legitimately.
The company has advised Gravity Collection, Inc. and Gravity Collection Sports Network, Inc. that BGGR Inc. has withdrawn from the Joint Venture Agreement effective immediately. Meanwhile, Amerimarq Tek Corp. is continuing to make progress with its plans for expansion in Northern VA, Austin TX and Orlando FL, with completion still expected during the first quarter of 2013.
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.
Kent Thomas, (631) 824-7661
KEYWORDS: United States North America Washington
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