See Who Picked Creative Learning Corporation (OTCMKTS:CLCN) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Creative Learning Corporation (OTCMKTS:CLCN) reported that Furlow Blake has picked up 979,100 of common stock as of 2017-05-18.

The acquisition brings the aggregate amount owned by Furlow Blake to a total of 979,100 representing less than 8.6% stake in the company.

For those not familiar with the company, Creative Learning Corporation offers educational and enrichment programs to children ages 3 to 13+ through its franchisees. The Company, through its subsidiary BFK Franchise Company, LLC (BFK), offers a franchise concept known as Bricks 4 Kidz, a mobile business operated by franchisees within a specific geographic territory offering project-based programs designed to teach principles and methods of engineering to children between the ages of 3 and 13. The Company, through its subsidiary SF Franchise Company, LLC, offers a third franchise concept known as Sew Fun Studios. Sew Fun Studios is a mobile business operated by franchisees within a specific geographic territory offering creative project-based activities, classes and programs in fashion and interior design and sewing to children and adults. As of September 30, 2016, the Company had 710 Bricks 4 Kidz and Sew Fun Studios franchises, 28 Bricks 4 Kidz master franchises, and 20 Bricks 4 Kidz sub-franchises operating in 38 countries.

A glance at Creative Learning Corporation (OTCMKTS:CLCN)’s key stats reveals a current market capitalization of 3.03 Million based on 12.00 Million shares outstanding and a price at last close of $0.250 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2015-06-18, Pappas picked up 4,600 at a purchase price of $0.60. This brings their total holding to 1,875,667 as of the date of the filing.

On the sell side, the most recent transaction saw Pappas unload 26,029 shares at a sale price of $0.15. This brings their total holding to 1,713,429.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Creative Learning Corporation (OTCMKTS:CLCN) as things move forward to see if its progress aligns with these transactions.

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