SALT LAKE CITY, UT--(Marketwired - May 1, 2015) - Sack Lunch Productions, Inc. (
Other positive results from the report include:
- Net income for 2014 was reported at $1,136,100 primarily due to a gain on disposal of securities (a non-cash item) and settlement of debts offset by an increase in our losses from operations of $106,116 reflecting the startup costs of operations in the entertainment operations and reduced revenue from the salon operations.
- The revenue numbers reflect the solid performance of the Landis Lifestyle Salons that operate under Green Endeavors, Inc. (
OTC PINK :GRNE ) and the growth of the Company's consulting services. - The Company's holdings in the entertainment industry, including: Slide the City, LLC and The Lantern Fest, LLC, are set to host potentially hundreds of events in 2015 through its franchised and non-franchised events. This shows real potential for continuing growth through expansion of the Companies' operations and resulting revenues.
- Film and entertainment related revenues for 2014 were almost $1.39 Million.
Mr. Surber, CEO of Sack Lunch Productions, Inc., observed, "Consolidated revenues of $4.82 Million in revenues for 2014 is a solid performance. Additionally, SAKL is on track to nearly double its revenues in 2015. Furthermore, our rebranding efforts are anticipated to create brand recognition which should prove invaluable in building shareholder value and liquidity. We are currently flying under the radar, so to speak, that should change in 2015."
About Sack Lunch Productions, Inc.:
Sack Lunch Productions, Inc. (
SAKL strongly encourages the public to read the above information in conjunction with its reports filed at www.otcmarkets.com. SAKL will require a significant influx of capital in order to effectively execute upon its various operational plans. The actual results that SAKL may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Investors should not invest more than they can afford to lose in penny stocks.