Sack Lunch Productions Inc (SAKL)

[Dalek_Caan]

SAKL Reports System-Wide Sales in June of $2.05M

http://news.sys-con.com/node/3866929

"Readers should note that ticket sales are not recorded as realized revenues until the event(s) are held. Ticket sales made in advance of the event are booked as deferred revenues, a liability on the balance sheet, until the events are held. Furthermore, franchisee's ticket sales are not booked as SAKL revenues, only the franchise fees paid to SAKL. In addition, sponsorship revenues, international ticket sales and franchise fees are not included in the June sales report for purposes of this press release.
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