Sack Lunch Productions, Inc. (OTC Pink: SAKL) Targeted 85 Percent Breakout in Stock Price
August 02 2016 - 6:00AM
InvestorsHub NewsWire
Miami, FL -- August 2, 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) with a targeted 85% breakout in stock price.
SAKL May not be at
these levels much longer
View the Reports & Releases on SAKL on EmergingGrowth.com
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 Bollinger Bands are tightening. This historically reveals
a breakout in the stock. Historically we have seen 50% and
greater gains following the tightening of the bands. It looks
like we are there again.
The company’s modest $12.1 million
market capitalization according to OTC markets implies a
price-sales multiple of just 1.3x, which is significantly lower
than the industry’s 2.0-2.4x average, according to Morningstar
data. If the company’s shares were to trade with a 2.0x ratio, it
would translate to a $21.4 million market capitalization that’s
nearly double its current valuation – and that would be on the low
end of the industry average range.
Sack Lunch Productions has grown its
revenue from just under $5 million in FY 2014 to over $10.6 million
in FY 2015. This year, the company anticipates generating about $17
million in revenue by launching events in new U.S. cities and
around the world. Sack Lunch reported last week that the first six months of FY 2016, ending
June 30, produced total sales of $10.015 million.
Over the coming quarters, the company
also plans to complete an audit and become more fully compliant
with regulators. These moves could open the door to a potential
up-listing and encourage more institutional investors to become
involved with the stock. In turn, this could reduce the high level
of volatility and potentially bring shares closer to their fair
value.
Sack Lunch Productions Inc. (OTC
Pink: SAKL)'s current event portfolio includes:
- Slide the
City – A 1,000-foot
vinyl slide that’s placed in the center of a city to create a fun
and exciting block party event for the entire family.
The Lantern
Fest – An unforgettable
nighttime party that’s lit up with thousands of lanterns lit by
participants and released into the sky.
Color Me
Rad – A 5K race where
participants are coated with liquids, powders, and gels of blue,
green, pink, purple, and yellow until they’re tie-dyed on every
side.
The Dirty
Dash – A mud run
obstacle course where a military boot camp meets an inner
five-year-old fantasy.
Trike
Riot – A race on Razor
tricycles that takes participants down city streets and through
obstacles to the finish line.
For more information, visit the
company’s website at www.sacklunchproductions.com.
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 Reports & Releases on SAKL on EmergingGrowth.com
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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Source:
RedChip.com - https://www.redchip.com/pages/sakl/
TheOTCInvestor.com - http://www.theotcinvestor.com/sack-lunch-sakl-represents-a-compelling-value-for-those-buying-the-dip/
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