Fortified Precast Opportunity Fund Launches Seeking High Net Worth Individuals for Equity Investment in High Tech Manufacturing in Opportunity Zone Businesses

OCALA, Fla., Aug. 6, 2019 /PRNewswire-PRWeb/ -- Fortified Precast Opportunity Fund launches seeking high net worth individuals for equity investment in High Tech Manufacturing facility in opportunity zone businesses. The Fund is authorized to raise $100,000,000 in $20 million increments, building five separate facilities; each capable of producing 4,250 precast homes per year. The Fortified Precast Opportunity Fund brings a unique approach and strategy to investing in a advanced business model with a new disruptive approach to the construction industry. Unlike real estate based opportunity funds, as a business; we are not capped in revenue or earnings potential for you as the investor. The fund is anticipating an X Factor return compared to a simple IRR return. Fortified Precast Opportunity Fund is looking to make an economic impact by investing into the development of automated precast manufacturing plants focused on residential and commercial infrastructure, initially in Florida; with future expansion throughout the US.

"The residential construction industry is mired in the stultified, "This is how we do it," plodding methodology for building exterior walls the past 70 years," says CEO Barry Stem. "As Florida building codes continue to strengthen to meet the perceived, life-threatening necessities presented by catastrophic natural events; wind load criteria and impact resistance rise higher and higher. The current CMU Block solution is hampered in increasing costs to conform to the new requirements and a severe skilled labor shortage in the block industry. When coupled with additional required inspections and often weather interrupted delayed completion schedules, higher costs and extending the length of time on the project site are inevitable."

Fortified Precast Technologies LLC will introduce the future of casting solid concrete steel reinforced walls exceeding all current building codes to include hurricane straps, windows and doors as options. The time saved allows the builder to install the roof and dry in the home within 3 days. Stronger home, higher quality construction, faster delivery times, lower insurance premiums for the customer and builder, reduced inspections, improved industry standards.

A new approach needs to be made. "A Disruptive Change in Construction Methods" to provide reduced energy costs, insurance and most importantly peace of mind. Fortified Precast homes meets and exceeds demands for current building codes, are environmentally friendly, Hurricane Strong, versatile in design, energy efficient, fire resistant, termite proof, and rapidly installed and erected. This automated high tech approach using robotics and advanced software (1/16" tolerance) with a pallet system traveling thru a production process provides the most advanced wall system in the United States. This system will bring the residential building industry into the 21st Century. The technology and methodology used by Fortified Precast Technologies, will provide a replacement for CMU Block, in the way that Block replaced Wood Frame Construction in Florida and throughout most of the Southeast market.

Investment

The Fund is focused on investing into a revolutionary new company called Fortified Precast Technologies, LLC. Fortified Precast Technologies has partnered with the Vollert Group from Germany in the development of multiple advanced precast manufacturing facilities, long overdue in the US. For the last 30 years Vollert has been a leading precast technologies company, and a major factor to market acceptance on the world stage. Vollert precast technologies were used in Germany, France, Spain, Great Britain, Thailand, India, China, in total over 30 countries. This is the disruptive construction method best suited in addressing increasing building requirements, skilled labor shortage, insurance costs to provide a real safety net for residential buyers. If South Florida or other areas in coastal states are required to evacuate, our highway infrastructure is grossly inadequate to handle the major population centers in this nightmare scenario. Residents are asked to remain in the safety of their homes rather than risk facing the possibility of thousands of stranded cars on our highways in advance of a major storm. This precast system would provide a safer solution for the homeowner and their families.

Opportunity Zone Funds

The Tax Cuts and Jobs Act of 2017 offers an extraordinary tax break to investors by allowing them the opportunity to defer certain capital gains by investing them in qualified opportunity funds which intern will be reinvesting in qualified opportunity zones. Opportunity Zones are specially created geographic districts that allow investors to receive substantial tax breaks for investing funds making investments in these zones, including the potential for avoiding taxes on gains altogether. The monies eligible for investment extend only to realized capital gains from the sale of any property to an unrelated person. These capital gains can come from any asset class and do not have to be placed through an intermediary. Investors are eligible for tax deferral on such gains up to the amount of such gains that are invested in a certified Qualified Opportunity Fund within 180 days of the sale date. (See "Income Tax Considerations ? Opportunity Zone Investment")

During the life of the Fund, there are certain requirements of investments that the Fund must meet:

• The Fund may only make equity investments?debt investments do not represent qualified opportunity zone business property.
• The Fund must hold 90% of its assets in qualified opportunity zone investments.

About CEO Barry Stem

Mr. Stem is a entrepreneurial executive with 33 years of business development, sales and management experience. He attended Florida State University and holds a Bachelor of Business Administration. He has a State Certified General Contractor CGC 1518811. Founded Duratek Precast Technologies, Intrepid Precast Technologies.

About EazyDoit Inc.

EazyDoIt, Inc. is an opportunity fund creation company based in Virginia Beach, Va. EazyDoIt works with clients to develop a structured turn-key solution for business owners, real estate development projects, high net worth individuals and family offices looking to set up an opportunity fund experience. EazyDoit is recognized as a Top 10 OZ Influencer and is a leader in the Opportunity Fund Creation industry. Our CEO David Sillaman is a member of the Forbes Real Estate Counsel and EazyDoIt Funds have been recognized by FinTek News, Business Insider, Market Insider, Senior Housing News & Silicon Review to name a few. Mr. Sillaman is a frequent speaker at National Opportunity Zone Events, including the CDFA Florida Opportunity Zone Conference and past Opportunity Zone Expo Conferences. EazyDoIt has built one sixth (1/6) of all the opportunity funds in the market space today, with a strong emphasis on business based opportunity funds.    

For more information:

Fortified Precast at http://www.Fortified.Fund

EazyDoIt at http://www.EazyDoIt.com

Risk Factors:

All investments, is speculative in nature and involves substantial risk of loss. We encourage our investors to invest carefully. We also encourage investors to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Past performance is not necessarily indicative of future results. All investments carry risk and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any kind of investing they choose to do. Hypothetical or simulated performance is not indicative of future results. Unless specifically noted otherwise, all return examples provided in our websites and publications are based on hypothetical or simulated investing. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because hypothetical or simulated performance is not necessarily indicative of future results.

SOURCE Fortified Precast Opportunity Fund