Business
SAKL Reports System-Wide Sales in June of $2.05M
SAKL Reports System-Wide Sales in June of $2.05M.
About this update from Sack Lunch Productions, Inc.
[{"type":"text","content":"\n \n \n SAKL Reports System-Wide Sales in June of $2.05M\n \n \nSAKL Reports System-Wide Sales in June of $2.05M\n \n SALT LAKE CITY, UT--(Marketwired - Jul 7, 2016) - 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.\n 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®.\" \n 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.\n 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.\n About Sack Lunch Productions, Inc.:\n 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.thed...