LAKE ARROWHEAD, CA--(Marketwired - Oct 20, 2013) - Rock Ridge Resources, Inc. (PINKSHEETS: 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 Alcohol-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, Inc. is a professionally managed firm that is currently engaged in the development of organizations deriving energy from natural resources; as well as, the funding, management and development of various real estate holdings and evolution of substance abuse recovery services through its subsidiary Serenity Lodge. In support of this endeavor, Rock Ridge Resources, Inc. holds a California State Alcohol and Drug Rehabilitation License, and provides treatment to men, 18-years and older, in a luxury mountain setting in Lake Arrowhead, California.
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.