Sack Lunch Productions, Inc. (OTC Pink:
SAKL) Enters the 6th Largest Economy in the World Forecasts
Spike in Q3 Revenue
Miami, FL--(InvestorsHub NewsWire August 16, 2016) -
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 reports of entering the 6th Largest Economy in the
World Forecasts Spike in Q3 Revenue.
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), confirms news reports that Slide the City will be coming
to California this year. Slide the City is scheduled for Tahoe on
August 27 and Redding on September 17.
Richard Surber, CEO, commented My expectation is that Tahoe and
Redding will be the first of many successful events held in
California. The permitting process and weather conditions have
proven to be significant barriers to entering certain markets.
While the concept is new to many regulators, Slide the City has
nearly two years of operating history that demonstrates that Slide
the City is not only safe, fun, and great for local economies but
uses far less water than a single day of watering a typical golf
course. For these reasons, we are optimistic that in 2017 Slide the
City will be able to further penetrate the 6th largest economy in the world
on an even larger scale.
More recently, Sack Lunch Productions, Inc.
(OTC PINK:
SAKL), reported total sales of $1,354,741 across all corporate
and franchised events in North America for the month of July.
Ticket sales for all North American corporate and franchised events
were $1,032,547 and $322,194, respectively. The lions share of
ticket sales for July were generated by corporately run Slide the
City and The Lantern Fest events.
Richard Surber, CEO of
SAKL, commented, During the month of July we held 39 events
directly or through franchisees including: 31 Slide the City, 1
Lantern Fest, 3 Dirty Dash and 4 Color Me Rad. Shareholders can
expect to see a spike in realized revenues for Q3 based upon the
number of events being held including a spike in franchise fees
collected.
Surber, continued, Some additional bright spots in this report
are a high proportion of corporate ticket sales versus franchisee
ticket sales as well as ticket sales for The Lantern Fest trending
up. The last 4 days in July The Lantern Fest sold over $100,000 in
tickets, the result of opening events for the fall.
The companys 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 industrys 2.0-2.4x
average, according to Morningstar data. If the companys shares were
to trade with a 2.0x ratio, it would translate to a $21.4 million
market capitalization thats nearly double its current valuation and
that would be on the low end of the industry average range.
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 thats 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 thats 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 theyre 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 companys 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.
Other Emerging Growth News
MarilynJean Interactive, Inc.
We first reported on MarilynJean Interactive Inc. (OTCQB:
MJMI) on August 3, 2016 with its 112% jump on heavy volume. No
news was out at the time but somebody was in the know.
Since then, on August 10, 2016, the company reported that it has
begun taking steps towards the use of a system recently approved by
the SEC to issue shares via the Bitcoin Blockchain.
Shares spiked on heavy volume again yesterday but again, no news
yet. 20, 2016. See the original story on EmergingGrowth.com here:
http://emerginggrowth.com/marilynjean-interactive-inc-otcqb-mjmi-jumps-112-heavy-volume/
El Captain Precious Metals, Inc.
EmergingGrowth.com first reported on El Capitan Precious Metals,
Inc. (OTCQB:
ECPN) on August 9th following the initial phase of the current
run.
Since then, shares have continued to rise almost 100% on
continued heavy volume. No further news has been announced. See the
original story on EmergingGrowth.com here: http://emerginggrowth.com/el-capitan-precious-metals-inc-otcqb-ecpn-rallies-45-management-shakeup/
Biolargo, Inc.
Shares of Biolargo, Inc. (OTCQB:
BLGO) have been on the move over the last 7 trading sessions.
The stock is seeing abnormally high volume compared to its history
and shares have risen just under 100%.
Just yesterday, the company has released its Form 10-Q. View the
Q here: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11547842
About EmergingGrowth.com
EmergingGrowth.com is a leading independent small cap media
portal with an extensive history of providing unparalleled content
for the Emerging Growth markets and companies. Through its
evolution, EmergingGrowth.com found a niche in identifying
companies that can be overlooked by the markets due to, among other
reasons, trading price or market capitalization. We look for strong
management, innovation, strategy, execution, and the overall
potential for long- term growth. Aside from being a trusted
resource for the Emerging Growth info-seekers, we are well known
for discovering undervalued companies and bringing them to the
attention of the investment community. Through our parent Company,
we also have the ability to facilitate road shows to present your
products and services to the most influential investment banks in
the space.
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
Disclosure:
All information contained herein as well as on the
EmergingGrowth.com website is obtained from sources believed to be
reliable but not guaranteed to be accurate or all-inclusive.
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/
All material is for informational purposes only, is only the
opinion of EmergingGrowth.com and should not be construed as an
offer or solicitation to buy or sell securities. The information
may include certain forward-looking statements, which may be
affected by unforeseen circumstances and / or certain risks.
This report is not without bias. EmergingGrowth.com has
motivation by means of either self-marketing or EmergingGrowth.com
has been compensated by or for a company or companies discussed in
this article. Full details about which can be found in our
full disclosure, which can be found here, http://www.emerginggrowth.com/disclosure-7255/.
Please consult an investment professional before investing in
anything viewed within. When EmergingGrowth.com is long shares it
will sell those shares. In addition, please make sure you read and
understand the Terms of Use, Privacy Policy and the Disclosure
posted on the EmergingGrowth.com website.
CONTACT:
Company: EmergingGrowth.com - http://www.EmergingGrowth.com
Contact Email: EmergingGrowth1@gmail.com
