September 08, 2014 // Franchising.com // St. Augustine, Florida - Creative Learning Corporation (OTC: CLCN), owner and developer of Bricks 4 Kidz®, and Challenge Island®, the highly-popular children’s education and enrichment programs, today announced that it has promoted Richard Nickelson to Chief Financial Officer.
Nickelson, has served as the company’s Controller for the past 2.5 years. As Controller he managed all aspects of corporate finance and SEC reporting. Previously Mr. Nickelson held the Controller position for the franchise company, Ellianos Coffee Company. Prior to that Mr. Nickelson served in key accounting positions at several companies including a natural gas supplier and an automated manufacturer of architectural millwork.
Brian Pappas, CEO of Creative Learning, commented, "I am pleased to announce Richard's well-deserved promotion to CFO. Since joining the firm Richard has been an instrumental member of Creative Learning’s finance team and has played an integral role in our growth and success. As CFO, he will continue to add significant value to the company based on his finance skills and knowledge of the business."
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 curriculum and marketing strategies, plus a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students’ problem solving and critical thinking skills. Creative Learning Corp is now operating in 30 countries.
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.
SOURCE Creative Learning Corporation
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