SAKL Reports System-Wide Q1 ’16 Sales Exceed $5M

SALT LAKE CITY, UT SAKL, (Marketwired Apr 4, 2016) Sack Lunch Productions, Inc. (OTC PINK: SAKL), reports system-wide sales of $5M. The $5M includes all corporate and franchised events as well as $780,569 from Green Endeavors through March 31, 2016. Ticket sales for corporate and North American franchised events were $2.45M and $1.64M, respectively. Ticket sales generated by Color Me Rad comprised $2.25M in sales. Ticket sales for our flagship event Slide the City are expected to surpass Color Me Rad when its season begins in earnest in the second quarter. Investors should note that the vast majority of sales that occurred in Q1 will be booked as deferred revenues which will be reflected as a liability on our balance sheet. Once the event is held, the deferred revenues are then recognized as realized revenues on our income statement in the quarter or other reporting period that the event is held. Investors should also note that sales generated by franchisees are not booked as SA
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