Sack Lunch Productions Enters into Licensing Agreement
Sack Lunch Productions, Inc. (OTC PINK: SAKL) has entered into an exclusive licensing agreement to host its Color Me Rad events throughout North America. The licensee plans to organize 20 events in 2022, with no operational involvement from SAKL. The licensee has successfully managed over 40 events prior to 2017, fueling excitement for the return of Color Me Rad events. CEO Richard Surber expressed confidence in the licensee's ability to deliver quality events. Investors are cautioned that actual results may vary due to potential risks, including adverse weather and regulatory hurdles.
- Exclusive licensing agreement for 20 Color Me Rad events indicates potential revenue growth.
- Licensee's prior experience with over 40 successful events enhances confidence in upcoming operations.
- SAKL will not be involved in the operational aspects of the events, limiting direct control over outcomes.
- Potential risks include adverse weather conditions and regulatory challenges that may impact event success.
SALT LAKE CITY, UT / ACCESSWIRE / February 8, 2022 / Sack Lunch Productions, Inc. (OTC PINK:SAKL) announced today that it has entered into an exclusive licensing agreement with a third party to host its Color Me Rad events across North America. The licensee expects to hold 20 Color Me Rad events in 2022. SAKL will not play any role in the operation of the events. In the past the licensee hosted over 40 SAKL events prior to 2017 and is excited to reintroduce the Color Me Rad to a new audience edger to participate in live events while cultivating old hands. Richard Surber, CEO, stated that "I am excited to see the fun recommence after a long hiatus. I have confidence in our licensee's ability to operate and host Color Me Rad events based on its impressive track record in the event industry."
Please visit the following websites to find the next Color Rad or Dirty Dash event planned for your area: http://www.thedirtydash.com, and www.colormerad.com.
About Sack Lunch Productions, Inc.:
Sack Lunch Productions, Inc. (OTC PINK: SAKL) is a "live events" company that licenses action- oriented gatherings in the U.S. and internationally. SAKL's events include: Slide the City® (1,000 foot long water slide for families and kids), Color Me Rad® (5k color race), The Dirty Dash® (mud and obstacle run), The Lantern Fest® (nighttime party with lantern lighting and launch) and Trike Riot.
SAKL strongly encourages the public to read the above information in conjunction with its reports filed at www.otcmarkets.com. The actual results that SAKL may achieve could differ materially from any forward-looking statements due to a number of risks and uncertainties, including but not limited to adverse weather conditions, equipment failure, state and local health code laws which may impact obtaining permits and other risks associated with judgment calls made by various government officials. Investors should not invest more than they can afford to lose.
IR CONTACT:
Richard Surber, President and Director
Sack Lunch Productions, Inc.
hudconsult@aol.com
SOURCE: Sack Lunch Productions, Inc.
View source version on accesswire.com:
https://www.accesswire.com/687854/Sack-Lunch-Productions-Enters-into-Licensing-Agreement
FAQ
What is the new licensing agreement for Sack Lunch Productions (SAKL)?
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What role will Sack Lunch Productions (SAKL) play in the Color Me Rad events?
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