SAKL Reports System-Wide Sales in May of $1.945M
June 08 2016 - 8:00AM
InvestorsHub NewsWire
Salt Lake City, UT -- June 8, 2016 -- InvestorsHub
NewsWire -- Sack Lunch Productions, Inc. (OTC PINK: SAKL), reports
total sales of $1,945,144 across all corporate and franchised
events in North America for the month of May. Ticket sales for all
North American corporate and franchised events were $1,175,294 and
$485,870, respectively. The lion’s share of ticket sales for May
were generated by corporately run Slide the City® events. Our Green
Endeavors, Inc. (OTC PINK: GRNE) entities contributed $283,980 in
realized revenues. GRNE’s revenues were up from last year across
all three of its Landis Lifestyle Salons
locations.
Richard Surber, CEO of SAKL, commented, “The number of Slide the
City® events being held are beginning to hit their stride as the
summer heats up and school lets out. This last weekend we held 6
events including 3 Slide the City®, 1 Lantern Fest®, 1 Dirty Dash®
and 1 Color Me Rad®. Sales for the first week in June are off to a
healthy start. We have had sales exceeding $100,000 in a single
day. Sales for our first and newest event, Trike
Riot, are underway which is very exciting. May data continues
to confirm that SAKL will most likely hit or exceed its 2016
revenue forecast of $18M.”
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 unrealized 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 May 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 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
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