News Column

Rock Ridge Resources, Inc. Declares a 3% Stock Dividend

June 21, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Rock Ridge Resources, Inc. (OTC:RRRI) conducted a special meeting of the Board of Directors where they declared a 3% stock dividend distribution, payable on July 1, 2014. The Record date is scheduled for June 19(th), 2014 making the Ex-Dividend date June 17(th), 2014. This 3% stock distribution follows RRRI's exceptional first quarter earnings report.

Recently, the Company announced its first quarter earnings of 2014, where RRRI generated $3,190,000 in gross revenue with $2,038,000 in net revenue. This was more than double its entire annual net revenue from the previous year ending 2013, which was $808,000.

Company President, KC Hollmer, stated, "Our accelerated revenue growth in the first quarter makes it possible for our Company to award its shareholders with this 3% stock dividend distribution. Our goal is to continue to increase and return shareholder value through further company growth and expansion in 2014."

Rock Ridge Resources is a development stage Natural Resource Company. The company is also engaged in profitable real estate holdings, and substance abuse recovery services through its subsidiary Serenity Lodge, its operator of the facility. Rock Ridge Resources 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.

Keywords for this news article include: Investment and Finance, Rock Ridge Resources Inc.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Investment Weekly News


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters