SALT LAKE CITY, UT — (Marketwired) — 05/01/15 — Sack Lunch Productions, Inc. (OTC PINK: SAKL) has filed its annual report with OTCMarkets for the year ended December 31, 2014. SAKL–s 2014 filing reports solid revenue growth in 2014 over 2013 of 6.7% or $300,823 for total gross revenues for the year ended December 31, 2014 of $4.82 Million.
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.”
Sack Lunch Productions, Inc. (OTC PINK: SAKL), is an entertainment company with operations that include: event management, film production, and distribution services. SAKL–s wholly owned subsidiary WG Productions Company holds a majority interest in Slide the City, LLC and The Lantern Fest, LLC. SAKL also holds a majority interest in Green Endeavors, Inc. (PINKSHEETS: GRNE). Learn more about SAKL–s operations at , , and . SAKL–s new website is currently under construction. Learn more at .
SAKL strongly encourages the public to read the above information in conjunction with its reports filed at . 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.
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