SAKL Reports System-Wide Sales in June of $2.05M
July 07 2016 - 9:00AM
InvestorsHub NewsWire
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SAKL Reports System-Wide Sales in June of
$2.05M
Salt Lake City, UT -- July 7, 2016 -- InvestorsHub
NewsWire – Sack Lunch Productions, Inc.
(OTC PINK: SAKL), reports total sales of $2,051,726 across all
corporate and franchised events in North America for the month of
June. Ticket sales for all North American corporate and franchised
events were $1,360,496 and $414,181, respectively. The lion’s share
of ticket sales for June were generated by corporately run Slide
the City® events. Our Green Endeavors, Inc. (OTC PINK: GRNE)
entities contributed $277,049 in realized revenues. GRNE’s revenues
continue to trend up from last year across all three of its
Landis locations.
Richard Surber, CEO of SAKL, commented, “The number of Slide the
City® events being held will continue to increase through August as
the summer heats up and before school is in session.
This coming weekend the various brands will hold 8 events
including 6 Slide the City®, 1 Dirty Dash® and 1 Color Me
Rad®.”
Readers should note that ticket sales are not recorded as
realized revenues until the event(s) are held. Ticket sales made in
advance of the event are booked as deferred revenues, a liability
on the balance sheet, until the events are held. Furthermore,
franchisee’s ticket sales are not booked as SAKL revenues, only the
franchise fees paid to SAKL. In addition, sponsorship revenues,
international ticket sales and franchise fees are not included in
the June sales report for purposes of this press release.
Please visit our websites to find the next event in your area:
www.slidethecity.com, www.thelanternfest.com, http://www.thedirtydash.com, www.trikeriot.com and www.colormerad.com .
About Sack Lunch Productions, Inc.:
Sack Lunch Productions, Inc. (OTC PINK: SAKL) is an
entertainment company that operates and franchises action oriented
events in the U.S. and internationally. SAKL's events include:
Slide the City™ (1,000 foot long water slide for families and
kids), Color Me Rad™ (5k color race), The Dirty Dash™ (mud and
obstacle run), The Lantern Fest™ (nighttime party with lantern
lighting and launch) and Trike Riot. Learn more about SAKL's
operations at www.sacklunchproductions.com,
www.slidethecity.com, www.thelanternfest.com, www.thedirtydash.com, www.colormerad.com, www.trikeriot.com and www.green-endeavors.com.
SAKL strongly encourages the public to read the above
information in conjunction with its reports filed at
www.otcmarkets.com. The actual results that SAKL may achieve could
differ materially from any forward-looking statements due to a
number of risks and uncertainties, including but not limited to
adverse weather conditions, equipment failure, state and local
health code laws which may impact obtaining permits, low attendance
and other risks associated with judgment calls made by various
government officials. Investors should not invest more than they
can afford to lose.
IR CONTACT:
Bruce Haase
RedChip Companies, Inc.
800.733.2447, ext. 131
bruce@redchip.com
Sack Lunch Productions (PK) (USOTC:SAKL)
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