Mike The Pike Productions Inc (MIKP)

[TenKay]

Here is another one from the "Conclusions" part of the letter response by BMA (I assume) to FINRA

"3. The projections in the Issuer’s January 21 , 2010 press release that FINRA is concerned about are covered by the safe harbor forward-looking statement rules and regulations."

Every Securities attorney should know...OTC Penny Stocks ARE NOT cover by the Safe Harbor 15 CFR 77z-2.

"(b) Exclusions

Except to the extent otherwise specifically provided by rule, regulation, or order of the Commission, this section shall not apply to a forward-looking statement—

(1) that is made with respect to the business or operations of the issuer, if the issuer—

(C) issues penny stock;"

MIKP tried to hide behind "Safe Harbor"...and couldn't.

I have been waiting awhile to see a penny get that one wrong and try to invoke it.

I wonder if the response from FINRA to that was enough to make BMA run....