SAKL Provides Update on Prior Periods of Audited Financial Statements
/EINPresswire.com/ -- SALT LAKE CITY, UT--(Marketwired - Feb 22, 2017) - Sack Lunch Productions, Inc. (
In addition, audited financial statements are complete for the periods ended December 31, 2014, and December 31, 2015 for Sack Lunch Productions and all of its subsidiaries.
Richard Surber, CEO of Sack Lunch Productions, observed, "First year audits of prospective public companies are a huge hurdle that we have now cleared. With the first year audits behind us, we are able to focus on current operations and accounting moving forward. On the flip side, with the time and cost overruns of the 2015 audits, we still need to complete the audits for the year ended December 31, 2016 before being able to file a registration statement. The registration statement would make Sack Lunch Productions a fully reporting company with the Securities and Exchange Commission, which has been our goal since acquiring Springbok.
Mr. Surber continued, "We will need to raise sufficient capital to pay auditors and accountants to sign off on completed audited statements, as well as retain them to complete December 31, 2016 year end audits."
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About Sack Lunch Productions, Inc.:
Sack Lunch Productions, Inc. (
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.
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IR CONTACT:
Richard Surber
CEO
richard@sacklunchproductions.com
801-575-8073 Ext. 111