Creative Learning Corporation Announces Sale of Franchises in Romania and The Czech Republic
ST. AUGUSTINE, Fla. - November 20, 2013 - (BUSINESS WIRE) - Creative Learning Corporation (OTCBB: CLCN), owner and developer of Bricks 4 Kidz®, the highly-popular children’s education and enrichment program, is pleased to announce that BFK FRANCHISE COMPANY, LLC (a wholly owned subsidiary of Creative Learning Corporation) has recently sold franchises in Romania and the Czech Republic resulting in franchises in four European countries (the others being in Austria and Poland), and bringing the total number of countries with Bricks 4 Kidz franchises to 18.
About Creative Learning Corporation
Creative Learning Corporation, operates under the trade name Bricks 4 Kidz(R), that offers programs designed to teach children ages 3-12+ the basic principles of engineering, architecture and physics using LEGO(R) bricks, and Challenge Island(R), that provides unique challenge-based programs designed to foster critical and creative thinking skills, problem solving methodology, and core STEM (Science, Technology, Engineering, Mathematics) principles in children ages 3-13+. The two unique franchise systems include a proprietary curriculum, marketing strategies, and the Franchise Marketing Tool (FMT), a proprietary online platform that enables the Company’s franchisees to effectively manage and market their businesses.
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