The net loss is estimated to be
However, Forterus' losses for the quarter were offset to some extent by
net profits that were recorded in both August and September as demand for A
Better Tomorrow's drug and alcohol treatment services continued to grow, said
Monthly figures for the third quarter included revenue of
The financials are estimated and have not been reviewed by the company's auditors.
Forterus Inc. and its subsidiaries engage in diverse business activities, including thoroughbred breeding and racing, drug and alcohol rehabilitation, and finance. For more information about Forterus and A Better Tomorrow, please visit their respective websites at www.forterus.com and www.abttc.com.
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral "forward-looking statements" within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus's and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as "may," "should," "estimate," "expect," "anticipate," "intend," "believe," "predict," "potential," or words of similar import generally involve forward-looking statements.
Paul Howarth (888) 257-8345 ir@forterus.com
SOURCE Forterus Inc.