Posted On: 12/03/2015 1:24:53 PM
Post# of 140
Huge moves reported by $SAKL "SAKL Reports Q3 Net Income of $718K on Revenue of $6M"
"Net income attributable to stockholders for the nine months ended September 30, 2015 was $755,261;
Revenue for the nine months ended September 30, 2015 increased 145% to $8.4 million, up from $3.4 million in the nine months ended September 30, 2014;
Hosted a record number of events in the third quarter, generating $5.3 million from tickets sales and other event related fees;
Retired 331,753 shares of Series C Preferred shares with a stated value of $5.00 per share;
Closed upon Acquisition of Springbok LLC and its operating subsidiaries Color Me Rad, LLC, The Dirty Dash, LLC and Springbok STC, LLC;
Obtained a Secured Line of Credit for up to $5 million, with an initial draw down of $1.8 million; and
Reduced authorized shares from 25 billion to 990 million."
http://www.otcmarkets.com/stock/SAKL/news/SAK...85&b=y
"Net income attributable to stockholders for the nine months ended September 30, 2015 was $755,261;
Revenue for the nine months ended September 30, 2015 increased 145% to $8.4 million, up from $3.4 million in the nine months ended September 30, 2014;
Hosted a record number of events in the third quarter, generating $5.3 million from tickets sales and other event related fees;
Retired 331,753 shares of Series C Preferred shares with a stated value of $5.00 per share;
Closed upon Acquisition of Springbok LLC and its operating subsidiaries Color Me Rad, LLC, The Dirty Dash, LLC and Springbok STC, LLC;
Obtained a Secured Line of Credit for up to $5 million, with an initial draw down of $1.8 million; and
Reduced authorized shares from 25 billion to 990 million."
http://www.otcmarkets.com/stock/SAKL/news/SAK...85&b=y
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