LAKE ARROWHEAD, Calif.,
March 21, 2015 /PRNewswire/ -- The
Board of Directors of Rock Ridge Resources, Inc. (Pink Sheets:
RRRI) are pleased to provide their shareholders and the investment
public a financial overview of the company's 2014 performance along
with a forecast for 2015. Rock Ridge Resources today reported
their annual report with OTC Markets. The following is a summary
breakdown of that report:
2014 Overview
In 2014 the Company produced an annual income of $ 11,656,000 with a record net income of
$5,776,000 compared to 2013 numbers
of annual income of $3,784,314 and a
net income of $801,037. These numbers
combine the oil factoring operations with Serenity Lodge, a wholly owned subsidiary of the
Company.
Further financial information for Rock Ridge Resources, Inc.
(RRRI) is available on our "News Release" page, including the
Consolidated Unaudited Statements of Income-Tax Cash Basis
Reporting for the twelve months which ended December 31, 2014.
"We are very pleased with our 2014 annual results," said
Daniel Voorhees, President and
Director of Rock Ridge Resources and Serenity Lodge. "Our leadership and
structure changes during the second half of 2014 have been
extremely successful. With a stronger organizational
structure and a greater focus on the company vision and goals,
Serenity Lodge is well-positioned to
provide even greater growth in 2015."
Serenity Lodge has built a
first-class amenity, alcohol & drug treatment facility located
in Lake Arrowhead, California. Our
services and amenities can be viewed at www.slrecovery.com.
Rock Ridge specializes in three business operations: (1) Oil
& Gas Factoring, (2) Alcohol-Drug Treatment Facility and (3)
Real Estate Developing and Investing. The Company is focused
on helping small resource companies gain faster access to the
working capital which is essential for their success in the sale of
their oil. In 2014 the Company doubled its purchases of oil
& gas factoring contracts.
For filings and disclosures go to OTCmarkets.com for more
information on Rock Ridge Resources Inc. (RRRI)
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.
www.rockrrinc.com
www.slrecovery.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/rock-ridge-reports-annual-profit-of-5776000-for-2014-300054039.html
SOURCE Rock Ridge Resources, Inc.