Creative Learning Corporation Announces 15th Challenge Island Franchise Sold
ST. AUGUSTINE, Fla. - October 14, 2013 - (BUSINESS WIRE) - Creative Learning Corporation (OTCBB:CLCN) owner and developer of Bricks 4 Kidz®, and Challenge Island®, the highly-popular children’s education and enrichment programs, is pleased to announce it reached its 15th Challenge Island franchise on September 29th. "The Company has been selling Challenge Island franchises for only 5 months, so we’re delighted with our success so far," stated Brian Pappas, CEO of Creative Learning Corporation. "With this type of reception to Challenge Island, we’re projecting that by the end of our next fiscal year (September 30, 2014) we’ll have over 50 Challenge Island franchises. The response internationally has also been overwhelming. We just accepted a deposit for 3 franchises in the Philippines. Considering that Bricks 4 Kidz® has over 380 franchises, combined with Challenge Island, the Company has nearly 400 franchises."
About Creative Learning Corporation
Creative Learning Corporation, operating under the trade names of Bricks 4 Kidz® and Challenge Island®, offers educational and enrichment programs to children ages 3-12+. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills.
Safe Harbor Statement:
This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC under the "Risk Factors" sections and elsewhere in those filings.
Creative Learning Corporation
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