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Forterus Inc. estimates a net profit in August2 October 2008UNTINGTON BEACH, California -- (PRESS RELEASE) -- Forterus Inc. (OTC Bulletin Board: FTER - News) reported an estimated net profit in August for the first time in the company's 18-month history. Forterus' revenue for August was approximately $578,000 with an estimated net profit of $109,860 compared to revenues of $29,335 and a loss of $32,784 for the same month a year earlier. August earnings per share were estimated to be between $.005 and $.015 on 12,883,839 shares outstanding. The financials are estimated and have not been reviewed by the company's auditors. Paul Howarth, Forterus' CEO, said the company's net profit in August reflected the strong performance of A Better Tomorrow Treatment Center Inc., a fast growing, four-year-old Murrieta, Calif.-based behavioral healthcare facility that Forterus acquired in August. Forterus Inc. and its subsidiaries engage in diverse business activities, including thoroughbred breeding and racing, drug and alcohol rehabilitation, and finance. |