Sack Lunch Productions, Inc. (OTC Pink: SAKL) Reports $10 million in Sales for the 6 Months Ending June 30.
July 20 2016 - 8:07AM
InvestorsHub NewsWire
Miami, FL -- July 20, 2016 --
InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent
small cap media portal with an extensive history of providing
unparalleled content for the Emerging Growth markets and companies,
reports on Sack Lunch Productions, Inc. (OTC
Pink: SAKL).
SAKL May not be at
these levels much longer
View the full Press Release and other reports on SAKL here:
http://emerginggrowth.com/?s=SAKL
Sack Lunch Productions, Inc. (OTC
Pink: SAKL), total sales were $10,015,813 across all
subsidiaries, inclusive of corporate and franchised events in North
America for the six months ended June 30, 2016. The $10,015,831 is
comprised of the following components:
Ticket sales
for all North American corporate events: $4,681,288 (Tickets sales
are booked as revenues and deferred revenues. Deferred revenues are
booked as a liability until the event is held)
Ticket sales
by Franchisees: $2,966,164 (Franchisee sales are not reported as
SAKL revenues.)
Salon
Revenues: $1,639,721
Fees:
$1,174,276 (of which $475,942 allocated to franchisees)
Merchandise
Sales: $262,193 (of which $10,933 are sales from franchisees)
Sponsorship
fees: $137,337
Rental
income: $31,255
The gross system wide sales figure of $10,015,813 does not include
franchisee fees of $211,775 which will be recognized as revenues
for the period ended June 30, 2016.
Furthermore, the above sales figures do not include international
ticket sales outside of North America.
Sack
Lunch Productions, Inc. (OTC
Pink: SAKL) has five main events:
·
Slide the City - 1,000-foot
waterslide
·
Color Me Rad - color-based 5K
race
·
The Dirty Dash - obstacle course and
mud run
·
The Lantern Fest - nighttime event,
featuring lighting and launching of spiritual lanterns
·
Trike Riot - adult-size tricycle
race/ride
Overall, Sack Lunch Productions, Inc.
(OTC
Pink: SAKL) stands in a formidable position within the active
entertainment industry. The Company continues to expand its
presence and brand across North America and reach the 2017 earnings
forecasts, and the company could easy see its market
cap jump into the mid-teen
millions over the next year.
SAKL May not be at
these levels much longer
View the full Press Release and other reports on SAKL here:
http://emerginggrowth.com/?s=SAKL
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.
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