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    market news

    Riverdale Oil Announces 60% Increase in Total Revenues

    Investing News Network
    Mar. 29, 2012 01:02PM PST
    Resource Investing

    Riverdale Oil and Gas Corporation (OTC Pink:RVDO) announced 60% increase in total revenues and a 70% increase in gross Profits for 2011.

    Riverdale Oil and Gas Corporation (OTC Pink:RVDO) announced 60% increase in total revenues and a 70% increase in gross Profits for 2011.

    As quoted in the press release:

    RVDO, in its OTC Annual Report, posted a 60% increase in Total Revenues and a 70% increase in Gross Profits from December 31, 2010 to December 31, 2011. The Company went from a Loss of $(16,272.24) in 2010 to a Net Profit of $42,819.00 in 2011. The Total Stockholders’ Equity increased from $(25,758.94) in 2010 to $17,060.00 in 2011.

    Click here to read the Riverdale Oil and Gas (OTC Pink:RVDO) press release.

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