I'll save you all the trouble. Here are my posts from the other thread. The people involved with these companies are no better than the people who own GWAD, AFRT, PCCL, CDVJ or the like..... You've been warned -follow up yourselves and do your own DD.Here are my posts from tonight:
Topic: WARNING: BEWARE if you get spam email for FRTE
Love the Market
Member posted August 11, 2004 20:48
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Hi -
With possibly 2 hurricanes bearing down on us here in FL, I'm guessing those useless pumpers at this scam of a stock - FRTE, will get their printing presses out and lie about how great they are and how much money they'll make if one or both hurricanes hit and do severe damage.
Fact is - I AM a retired Public Adjuster and Disaster Restoration G.C. - and FRTE has NO ONE associated with them. They've lied and pumped it up to .36 last year - then it dropped like a brick of course.
Last time they did a pump and dump I was getting 2-3 spam emails a DAY touting this pig. If you want to read WHY I know they're a fraud and legit GCs would NEVER deal with them - I wrote a long post on the FRTE thread on RB a year or so ago if it's still there.
Good Luck all and BEWARE. Don't touch this poor excuse of a stock. (And if anyone thinks I'm bashing - I'm NOT. Those of you who have known me the past year know that. I have never owned it - so I never made OR lost money with it. I just hate people getting scammed on lies).
Steve
IP: Logged
Love the Market
Member posted August 11, 2004 20:56
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I went and found the posts I wrote last year on RB (I'm new2stocks1 there)
By: new2stocks1
28 Oct 2003, 08:23 PM EST
Msg. 1003 of 1646
Hi! Is everyone getting FRTE spam about how GREAT this stock will do because of the San Diego fires?
I get spammed on FRTE about once a month at least. As a retired public ins. adjuster, I KNOW and enjoyed first hand the incredible income earned in disaster restoration. I handled fire losses from 1981-1993 and made a bundle on Hurricane Andrew. BUT - we had to be licensed in every state we wanted to do business in. I also owned a disaster reconstruction company and rebuilt hundreds of fire-damaged houses - and NEVER saw a reason to take my company public. Our name was on all the ins. checks - guaranteeing our money - and we were very profitable from day 1.
So I don't know if this company has national contracts with the big insurance companies - or if it's just another spamee PR, like a few of the energy stocks did right after the NY blackout last AUgust. I haven't done any DD on this company -as I tend to stay away from the ones I get the email spam pumps on.
ANy thoughts, and does anyone know anything concrete about this co?
HAve a great night.
By: new2stocks1
28 Oct 2003, 09:42 PM EST
Msg. 1005 of 1646
(This msg. is a reply to 1004 by sfrebel.)
Hi sfrebel! I figured they were a schill! So I kind of gathered they are trying to go after EXISTING restoration companies and get them to buy a franchise from THEM (FRTE) like Century 21 did with Real Estate back in the 70's & 80's? Now THAT would be something I'd think about doing my self! But when I was still active in the business - we had our Professional Associations and if someone had ever approached us, I think the response would have been similar to my first post here: What would we need that for? We're rolling in dough!!!! LOL
Here - I'll treat you to the spam mail they sent. I copied and pasted from my AOL mail - so don't know if the BIG letters and color will come out! Have a nice night!
This was the fanciest one I ever received from them!!!!!LOL
(Nope -I checked after I pasted - just plain text came out)
For Immediate Release:
Subscriber Report--FIRES blaze in Calif--Stock:FRTE
BULLETIN: Fires causing huge damage in California.
The head of the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced today that President Bush has declared a major disaster for California, opening the way for the use of federal disaster funds for people besieged by wildfires that have been raging since last week in the southern part of the state. Michael D. Brown, FEMA Director and Under Secretary for Emergency Preparedness and Response at Homeland Security, said the President authorized the aid immediately after receiving FEMA’s analysis of the state’s request for federal relief. The declaration covers damage to private property from the fires that erupted on October 21. After the declaration, Brown designated the counties of Los Angeles, San Bernardino, San Diego and Ventura eligible for aid to stricken residents that can include grants to help pay for temporary housing, home repairs and other serious disaster-related expenses. Low-interest loans from the U.S. Small Business Administration also will be available to cover residential and business losses not fully compensated by insurance.
The cost of reconstruction after a natural disaster is very difficult to totally assess. The best estimates come from FEMA, the Federal Emergency Management Agency. So far in the calendar year 2003 there have been 40 Major Disaster Declarations. There have been well over $12 BILLION Dollars in flood claims alone since 1978. The recent increase in homeowner’s insurance rates has been attributed, in part, to the frequency and severity of catastrophes, which began to increase dramatically during the 1990s. Over the past 12 years, insurers paid out more than $100 billion in catastrophe-related losses. Catastrophes include well-known events such as Hurricane Andrew and the Northridge earthquake, but also hundreds of smaller disasters associated with tropical storms, tornadoes, wildfires, hail, ice and snow. There are also homeowners' personal disasters. Each year insurance companies pay billions of dollars in claims due to damage caused by everyday occurrences such as kitchen fires, washing machine hose breaks, chimney fires, wind and smoke damage.
FRTE is in the business of Property Damage Restoration. And WHAT a business! Over the past 12 years, insurers paid out more than $100 billion in catastrophe-related losses---about $700 million per month---many times more than in previous decades
Based upon our vast experience in this business, FRTE right now is a huge bargain. This is an EXCELLENT Ground Floor opportunity! In fact we are hearing very strong rumors that FRTE might well be issuing more than one announcement of very good news, spanning the next several trading days. We expect that news soon. If so, we will report that news. We do not know what it is, but we are hearing very strong rumors that it could be very good. Further, we are hearing that a very large and influential European Promoter will be exposing FRTE to his database soon. The time to give serious consideration to investing in FRTE is now, before the masses do.
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Fortis Enterprises is a publicly traded company and trades on the Over The Counter Bulletin Boards (OTC BB) under the symbol FRTE. The Company is presently a development stage company that should capitalize upon the niche market opportunities within the commercial and residential restoration service markets.
FRTE believes that the Company can achieve both profitability and overall revenue growth by rolling up smaller individually owned restoration companies under the umbrella of Fortis Enterprises as the parent company. The Company intends to achieve growth through mergers and acquisitions of small to mid-sized cleaning and restoration services companies throughout the United States.
Fortis Enterprises intends to focus on growth through acquisition. Company management believes that there can be "Economies of Scale" achieved by consolidating the "single owner" restoration companies into Fortis Enterprises, Inc. Fortis believes that it can reduce combined overall overhead among the companies acquired by eliminating many duplicated everyday business headaches for the small business owners such as accounting services, marketing and advertising costs, office staff and equipment, etc. Fortis also believes that consolidating and focusing efforts on a combined marketing campaign will assist the various companies merged into Fortis Enterprises, Inc. to achieve overall revenue growth. Additionally, a large National Company can work better with specific guidelines, proprietary software to aid in filing a complete claim, and most of all: credibility.
FRTE web site: http://www.fortisenterprises.com
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The purpose of this advertisement, like any advertising, is to provide coverage and publicity for the advertised company, its products or services. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Verify all claims and do your own due diligence. This advertisement is not a solicitation or recommendation to buy, sell or hold securities and does not provide an analysis of the financial position of the company. We recommend you use the information found in this advertisement as an initial starting point for conducting your own research on the advertised company in order to determine your own personal opinion of the company before investing. We are not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and opinions contained in this advertisement are the sole opinion of the authors and are subject to change without notice. We are not liable for any investment decisions by our readers. Readers should independently investigate and fully understand all risks before investing. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser or broker prior to completing any such purchase or sale decision. We are not registered investment advisers, or broker-dealers, or members of any financial regulatory bodies. The information contained in this advertisement is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. We disclaim any and all liability as to the completeness or accuracy of the information and for any omissions of material facts. The advertised company has not hired us and we have not received any compensation from the advertised company. In order to be in full compliance with the U.S. Securities Act of 1933, Section 17(b), we anticipate receiving fifty thousand dollars from a non-affiliate third party shareholder as compensation for the distribution of this stock profile over a six month period. Additionally we have purchased shares in this stock. Since we are receiving compensation and hold stock in the advertised company there is an inherent conflict of interest in our statements and opinions and such statements and opinions cannot be considered independent. We will benefit from any increase in share price of the advertised company. We may sell our shares at any time, without notice, before, during or immediately after the release of this advertisement. The liquidation of our stock may have a negative impact on the stock price. Any price targets and/or projections mentioned are solely opinions and should not be taken as suggested holding periods. We may sell our positions in any companies advertised before they reach such target prices. The receipt of this information constitutes your acceptance of these terms and conditions. Reading this advertisement shall not create under any circumstances an offer to buy or sell stock in the featured company. Nor shall it create any principal-agent relationship between the reader and us. Information within this advertisement contains "forward looking" statements within the meaning of Section 27(a) of the U.S. Securities Act of 1933 and Section 21(e) of the U.S. Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical facts and may be forward looking statements. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.
Questions/comments? Please send e-mail to:
auto18951@hushmail.com
(Voluntary Disclosure: Position- No Position)
IP: Logged
Love the Market
Member posted August 11, 2004 21:07
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I just heard from Jeremy that FRTE is now RNVO. I also heard they're part of GBMI, SGLI. They all seem to be related and or working for each other's interest.
Go TO GMBI and learn more about this Company.
Much like the fraudulent scam AC is running with PAVP/CDVJ and CSJJ - Disclosure: Now THAT one I have over $3,000.00 STUCK in!
Just wanted to give all the good people on this board a 'head's up'. I've been here 1 year on Aug. 31st and have gotten QUITE an education and met an AWFULLY LOT OF SUPER PEOPLE!!!! :-)
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