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TA Reports NO Change SAKL Share Structure (10/23/17) ~
* 990M AU
* 211,185,353 OS
* 70,567,382 Restricted
* 140,617,971 Float
* Standard Register & Transfer (801) 571-8844
* Link-back for past SS changes...
Let's do some Math...Say in a year the stock is trading at .20 and the Series E shares are available for conversion...
First let's discount the .20 common by 20% (- .04) = .16
Now divide $5.00 by .16 = 31.25 shares
Now multiply 31.25 shares by 2,800,000 Series E shares = 87,500,000 common...
*************
Should the stock at the one year conversion be trading at .10 then the 2,800,000 Series E shares would convert to 175.000.000 common...assuming full subscription...
re: SAKL Series E Shares for Reg.A+ offering ~ After 1yr conversion restriction they will convert into $5 worth of common at a 20% discount to Market based upon trailing 5 day price...
* Back for 'nother cup'o'coffee...as 2016 exit was in .10-.15 range...
They're called nuisance suits...all Co's have'em...
If the bulk of the workforce were employees, I'd expect more...but most are volunteers...
You're right...nothing of this will matter to the stock...and those not already on...will sit blindly at the station as the train speeds away IMO...
re: BBB
I don't know the legalese of 2nd and 3rd party sellers (Groupon & Eventbrite)...but most of the complaints deal with change of venue or date...due to unfavorable weather/wind conditions.
Sending balls of fire into the dark of night...the Co must be responsible...as I'm sure it will be in attempting to resolve complaints...
re: BBB
Of those 26 BBB complaints and 8 reviews...95% were from 2015...a period of aggressive development and deployment of the product...
Of the 26 complaints...18 received refunds.
Of the 8 reviews...only 1 was from 2017.
SAKL(.01) Makes Strong Merger Move/ Niche Play ~
* October 3, 2017: https://oracledispatch.com/2017/10/03/sack-lunch-productions-inc-otcmktssakl-makes-strong-merger-move/
* "Sack Lunch Productions understands it's a niche play and has now enlarged its reach. SAKL can now propose more events that appeal to a wider audience by adding "Cool Events" brands. A few of the events will even be combined as the respective CEO's stated in their press. This looks like a win-win. SAKL has a Market Cap of $2.43M and this deal could be adding to that handsomely."
SAKL(.01) Makes Strong Merger Move/ Niche Play ~
* October 3, 2017: https://oracledispatch.com/2017/10/03/sack-lunch-productions-inc-otcmktssakl-makes-strong-merger-move/
* "Sack Lunch Productions understands it's a niche play and has now enlarged it's reach. SAKL can now propose more events that appeal to a wider audience by adding Cool Events brands. A few of the events will even be combined, as the respective CEO's stated in their press. This looks like a win-win. SAKL has a Market cap of $2.43M and this deal could be adding to that handsomely."
SAKL Makes Strong Merger Move/ Niche Play ~
* October 3, 2017: https://oracledispatch.com/2017/10/03/sack-lunch-productions-inc-otcmktssakl-makes-strong-merger-move/
* "Sack Lunch Productions understands it's a niche play and has now enlarged its reach. SAKL can now propose more events that appeal to a wider audience by adding Cool Events brands. A few of the events will even be combined, as the respective CEOs stated in their press (link-back). This looks like a win-win. SAKL has a Market cap of $2.43M and this deal could be adding to that handsomely."
"Slide the City" ~ Colombia
SAKL's "Lantern.Fest" = Gross.Margins as high as 40-50%
* CEO Richard Surber: "We've seen tremendous Margins on that particular Event ("Lantern Fest")...Gross Margins as high as 40-50%..."
* For "Lantern Fest" info start at Timeline 1:50
SAKL's CEO Richard Surber's Interview on UPTICK NETWORK
https://embeds.audioboom.com/posts/6377340-ceo-richard-surber-of-sack-lunch-productions-otc-pink-sakl/
SAKL's "Lantern Fest" is Highest Margin Event Asset
SAKL's "Lantern.Fest" Sells.Out St.Louis Sat: Opens 2nd Day Sun
http://ih.advfn.com/p.php?pid=nmona&article=75725706
* Richard Surber, CEO commented, "To highlight the financial impact opening a 2nd day has had on our business, I really take pride in pointing to our Poconos event that "The Lantern Festival" recently hosted, that was the single largest event in our history. Attendance exceeded 25,000 participants for the two days. We filled every hotel and motel for miles around. The economic impact we had on Poconos and the surrounding area was significant."
(SAKL) BIGGEST SLIDE EVER! (1,000 FEET)
Hundreds Slid Down the Streets of Grovetown Saturday (Sept 2, 2017)
http://wjbf.com/2017/09/02/hundreds-slid-down-the-streets-of-grovetown-saturday/
SAKL
TA Reports Change SAKL Share Structure (10/5/17) ~
* 990M AU
* 211,185,353 OS (up 9.090,909)
* 70,567,382 Restricted (no change)
* 140,617,971 Float (up 9,090,909)
* Standard Register & Transfer (801) 571-8844
* Co has yet to submit info on newly created Series E shares.
* Link-back for past SS changes.
William Spata, CEO."Cool.Events" commented, "I have a high level of confidence that Cool Events coupled with the current SAKL brands can be one of the largest conglomerates of experiential events in the US. My intent is to fully deploy our proprietary marketing systems, and our operational know-how to scale not only the number of events, but the participation levels to substantially higher levels on a per event basis. We have already witnessed the power of these principles, not only with our events, but also at several of the "The Lantern Fest" events that have doubled or in one instance tripled the number of participants, in part to our digital ad efforts."
https://ih.advfn.com/p.php?pid=nmona&article=75778681
SAKL's intended acquisition "Cool Events" ~ experiences ~
SAKL's Amended Registration...RegA+ Offering to Raise.Up to $14M
https://ih.advfn.com/p.php?pid=nmona&article=75750508
* 1yr Restriction on Conversion *
SAKL's Presentation at RedChip's August 2017 Conference
* Sept 7, 2017
SAKL Files.Reg A+Offering to raise Up to $14M
* Aug 16, 2017
SAKL's CEO Discusses Event Plans/Margins/Potential Revenues
* June 14, 2017
SAKL Signs LoI to Acquire.Cool.Events: Over $20M in Reported Revenues 2016
https://ih.advfn.com/p.php?pid=nmona&article=75778681
* SAKL CEO Richard Surber commented "The proposed transaction, if consummated, would be a game changer for Shareholders of SAKL. Based upon the initial proposed schedule of events for all brands coupled with the operational infrastructure and marketing model that is expected to be deployed for the 2018 season, we could very realistically be looking at the event subsidiaries generating upwards of $40M in gross revenues, with EBITDA exceeding $5M by end of 2018."
* Sack Lunch Productions: http://www.sacklunchproductions.com
* Cool Events: http://www.coolevents.com
SAKL's "Lantern Fest" Event Profile ~
https://www.eventbrite.com/o/the-lantern-fest-11490128799
SAKL Announces "Lantern.Festival" Two Day in Phoenix/Tucson
http://bit.ly/2xxCwLd
SAKL: Recognized Revenues for September Ticket Sales on Track to Top $1.3M
http://ih.advfn.com/p.php?pid=nmona&article=75589436&symbol=SAKL
SAKL's Poconos.Lantern.Fest Sunday - 9/10/17 ~ Tickets
https://www.eventbrite.com/e/the-lantern-fest-poconos-sunday-9102017-tickets-35889070175#tickets
Poconos to be SAKL's BIGGEST 2day event ~
https://www.facebook.com/SackLunchProductions/posts/1471045142942637
SAKL's Presentation at RedChips's August 2017 Conference