Rock Ridge Resources Inc. Announces Record Revenue and Earnings in 3rd Qtr.
October 15 2013 - 11:43AM
OTC Markets
October
14,
2013, Rock Ridge Resources, Inc. (OTC:RRRI) through its
subsidiary Serenity Lodge, is pleased to
announce 3rd Quarter
revenue of $1,015,094 and Net income of $353,871
from operations of its Alcohol-Drug treatment
facility.
Contributing to its record earnings the Company cites the addition
of two
new houses and the recently approved expansion of its Alchohol-Drug
treatment
license. The California Department of
Health Services approved the addition of 12 new beds at Rock
Ridge?s Lake
Arrowhead facility. This takes the total number of beds to 30 and
positions the
Company very uniquely in the treatment industry.
President KC Hollmer stated, ?Our new model
calls for each client to have his own private room. This is
exciting, because
almost all of our competitors only offer shared rooms. We now
provide 30
private single bedrooms for our clientele?.
To capitalize on this expansion, a focused and
targeted marketing strategy began late in the second quarter. As a
result, management
expects continued growth into the fourth
quarter.
Rock Ridge
Resources is a development stage Natural Resource Company. The
company has recently
branched out to increase profitable real estate holdings and
facility
management in addition to Oil and Gas. As part of the new strategy
it completed
the purchase of Serenity Lodge in Oct. of 2012. Rock Ridge
Resources is now
licensed by the State of California as an Alcohol and Drug
Treatment Facility, while
its wholly owned subsidiary, Serenity Lodge operates the facility.
The
operation is located in a serene mountain setting in Lake
Arrowhead, CA. and
was designed to treat men only 18 years and older in a peaceful and
natural
recovery environment.
For more
information on Rock Ridge Resources Inc. and
Serenity Lodge, Inc., please visit our websites at:
www.RockRidgeResourcesinc.com
and
www.serenitylodgelakearrowhead.com.
Legal Notice
Regarding Forward-Looking Statements:
This
press release contains forward-looking information
within the meaning of section 27A of the Securities Act of 1933 and
section 21E
of the Securities Exchange Act of 1934 and is subject to the safe
harbor
created by those sections. This material contains statements about
expected
future events and/or financial results that are forward-looking in
nature and
subject to risks and uncertainties. Such forward-looking statements
by
definition involve risks, uncertainties and other factors, which
may cause the
actual results, performance or achievements of Rock Ridge
Resources, Inc. to be
materially different from the statements made herein. Except for
any obligation
under the U.S. federal securities laws, Rock Ridge Resources, Inc.
undertakes
no obligation to publicly update any forward-looking statement as a
result of
new information, future events or otherwise.
Contact:
985 Meadowbrook
Rd
PO Box
2895
Lake Arrowhead,
CA 92352
Phone:
927-677-7690
E-mail:
Rockridgeresources@hotmail.com
www.rockridgeresourcesinc.com
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