RTIN Holdings, Inc. Announces September Earnings Friday November 15, 10:40 am ET
LONGVIEW, Texas, Nov. 15 /PRNewswire-FirstCall/ -- RTIN Holdings (OTC Bulletin Board: RTNH - News), announced today that the Company had generated revenue for the 9 months ended September 30, 2002 of $4,698,865 and earnings for the same period of $3,100,010 or $.34 per share, fully diluted. The majority of the revenue during the period was a result of territory license rights sales for the Company's Safescript Pharmacy and Safe Med Systems models. The Company believes the continuing revenue from future license fees, as well as significant increased revenue from Company owned pharmacy units, will result in sustained growth in future periods. The Company had total assets of $5,021,343 and shareholders equity of $3,277,071 or $.36 per share, fully diluted. Due to collection of notes and accounts receivables, the Companies cash balance increased to $123,750 as of 11/1/2002. For additional information you can view the Company's 10-QSB at http://www.sec.gov/cgi-bin/srch- edgar?text=RTIN+Holdings&first=1993&last=2002&mode=Simple .
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