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No, we need for them to do exactly what they have been doing. You need to change your thinking from a speculative pink that sells seaweed to a real company that produces films/novels etc....
Stick around.
Yes, the ones that we want and need. But they see value here, as do I.
;)
Keep it going KOP. mark has the right material. Sticking around for some time.
Tell him to put out some bad news so we can soak up another 500M or so....
;)
My thought is to not do anything different. I am good with everything that has been laid out! After many years in this stock, it finally has shown the promise of why I first invested.
Based on the actions to date, you actually want the traders to exit. Myself & others (probably including MIKP) will appreciate that and help speed the decrease in float, lol.
See you there, spurs and all.
Hope you have been well.
Nice reduction update. Keep it up guys. The shareholders you have now are very much behind you. Willing to watch the company take shape and know the timelines involved.
That's what investing is all about. Kop you got it on track.
Let the traders trade but very few traders realize the long term potential here. My advice would be to keep a core position.
I hear you. I see no reason to trade this into next year, <seriously, crazy for a pink sheet stock>. He is finally doing what we wanted years ago. That's all we asked for was a chance.
GL!
Since your arrival, it has (and will).
Ignore the noise and let's help build a film company.
GL to all.
Mark, just keep doing what you have been doing. You finally took the steps many outlined years ago.
Hello to all the old hands.
Unbelievable distraction topics on this board.
Bottom line: Can Mark close a deal on White Space along with his other film projects?
The rest is noise. Good luck everyone.
If he closes a deal, you will be invested in a company that has produced and sold their first film.
What happens after is unknown but it will be a Huge accomplishment in these tough times.
Been in this one for several years and basically it has come down to Deal or No Deal. A bunch of people are still holding back waiting for that.
OS can even be maxed out in the near future. It all hinges on ONE thing at this point.
Looking forward to the end of the year, whatever happens.
He just needs to Close.
Mark, you need to close a deal, then it all becomes real. Good Luck
Howdy Cyclone.
This has tried several times in the past to ramp up but was always missing one KEY item. Several posters have been here quite some time but are awaiting this one key item. Many of them have been silent but still believe in their hearts MIKP can do it.
If Mark CAN close a deal & show verifiable revenue or sign a agreement with a distibutor for White Space in addition to future projects..... I can't tell you where it will go.
Interesting day and interesting posts.
He is sending data because it is the truth, and investors should have as much information as possible to make an informed decision. Nothing more nothing less.
Would not be as much of a problem if they had incoming revenue. But we had that at one point.
So he finances off of prs it appears.
Hope Rudy is hanging in there.
Funny, without all the dilution this would have been at .02 easily because many of the longs would have held with all the projects. But they know more than we do.
To those that are new to MIKP, I invite you to read the following work that was done by one of our long term posters here (imiloa), I though he put in some nice effort.
My opinion: That was nice news today so Skin Trade can be factored in the equations below. However, the ONE unknown risk IMO is the share structure. Even if we are headed to another recession, people have actually been watching more films and revenues have been heathly (escapism).
So know the history, know that this is a longer term prospect (but news can come out of nowhere) and make your best decision.
From imiloa
fwiw, I decided to crunch some numbers again.
I looked up the gross revenues of a few sci-fi flicks at:
http://boxofficemojo.com/
Serenity - $25m usa, $39m world, $39m budget, $0m net
Aeon Flux - $26m usa, $52m world, $62m budget, -$10m net
Day Earth Stood Still - $79m usa, $233m world, $80m budget, $153m net
The Matrix - $171m usa, $463m world, $63m budget, $400m net
War of the Worlds - $234m usa, $592m world, $132m budget, $460m net
The latter three had high production value and A-list stars and did well.
Serenity was based on a popular TV series, but evidently didn't capture the masses.
Aeon Flux was based on a popular animated series, and starred Charlize Theron, but didn't generate much excitement.
Given that White Space has relatively unknown actors, unless it has an amazing script that earns rave review, the $20m-40m gross range seems a reasonable guess if the film succeeds. If a surprise hit, maybe $100m.
Key then is production cost. We know that Filmworks is chipping in post at a major discount, but afaik, we have no sense of the overall budget.
Given the indie production scenario and Filmworks post discount, a total budget of $15m-30m seems a good guess.
By comparison, the King's Speech cost $15m to make.
Minimal effects, but a couple crowd scenes, and similar number of principle actors.
From that, I'm guessing WS could net around $10m-20m worldwide.
If a surprise hit, maybe $80-100m.
From PRs, we know that MIKP gets 33% of the net, so $3m-6m, maybe $30m.
Another big unknown is what the OS will be when revenues do arrive.
As of last week, the OS was 498m. With yesterday's dumping, we must be over 500m now, and MAXM is still on the ask.
From the post-RS 110m OS in Feb, that's ~400m share (4x) increase in 6 months.
If post goes smoothly and Mark can launch the film before end of year, then MIKP should have revenues by January. That's 5 months from now.
If the dilution rate continues, we'll be in the 700m-800m range.
If the price rises, due to anticipation of the film release, Mark can get more money per share, so won't have to dilute as many shares for the same cash influx.
Dividing film net into projected OS, we get a range of 0.4-4.3 cents/share in net earnings:
-- $3m / 800m = $0.0038 / share
-- $6m / 800m = $0.0075 / share
-- $30m / 700m = $0.0429 / share
Assuming a 10:1 P/E ratio, that's about $0.04-0.40 / share price after anticipated dilution.
fwiw, This is the math that's kept me in the stock, despite the ongoing dilution. Personally, I don't expect blockbuster theatre performance for WS, so am assuming the lower end of these figures.
And it's quite possible the production budget was really in the $20m-40m range, that the film will flop (meaning no revenue to MIKP), and that Mark will dilute us to 2b before the film is released.
But that's the gamble of any startup investment.
Or maybe something else. Nice to see Penny back. Just need Kerm now.
Just like the old days.
Better yet, get a "free" sample and report back the results. Many behind the scenes would be curious.
You would be the "King" of the board.
Jensemann, can you please "lighten" up on the daily stock price recaps. Alot of us don't care right now, we are looking at the next milestone. This action is all normal just don't miss the boat with the daily blinders. If you can't take the action of an OTC, then make your best decision, but let us know first, lol.
Have a good one!
Good work.
What would the CEO place the companies value at? Such as intellectual property.
Hard to gauge worth at this time.
It will take time but so far so good.
I have also been here since PINR and had my share of ups and downs. However, I tend not to get overly negative. The way I look at it, this is Marks chance and it appears he is trying. If he fails, well he fails and will probably move on to other endeavors.
So I don't watch the daily trade and the ups and downs and instead have shifted my focus to current trends and results in entertainment. I think his timing is good and would rather see quality product at this point in time that will get MIKP noticed rather than a flash in the pan, B movie.
Well there it is. Just to offer some balance today.
Along for the long ride also.
Thanks for the link. Nice to talk about a product for once.
We need to make a great movie.
Interesting stuff.
http://www.imdb.com/company/co0081136/
http://www.imdb.com/name/nm1544650/
I remember this guy from Jarhead.
Thanks. Movie exists.
Script, script, script. Did not know paranormal cast either.
Tight script will more than make up for a lesser known cast. My hunch is it's to draw curiosity, IMO.
True, thank the lord roughly one week of filming left. This production is killing the long term holders, seriously. Would be nice to at least know the cast but it looks like that is his strategy.
No idea.
Said this at one point when PINR->MIKP. We will look back at this time of discussion and realism with fondness, IMO.