Sack Lunch Productions Inc (SAKL)

[Blizzld]

Regarding the financials I was just reading the annual report and there are some eye openers in there.

The Preferred A and Preferred C shares are both convertible into common stock at huge multiples per share based on current price. Based on todays price roughly another 80,000,000 shares (make a huge difference). However that is not all, they can issue more of such shares up to what has been authorized (read that section note 12 of financial)

Then it was curious as to why sales more than doubled and the company showed a loss after reporting a good net income the year before on half the sales. General and Admin expenses rose over 3.5 million or so and the salon business loss almost 900k. Something odd is going on here for sure.

Lots of potential here but there is always something weird in the mix where you do not know the real deal.