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Good news came in the Aug 15 PR, along with the following developements ongoing.
http://www.otcmarkets.com/stock/MIKP/filings
Monster in the making, though it won't happen over night. By fall we should be trading at much higher levels though. IMHO GL
Already got the girl .0011's and .0012's.
Your late to the party, GL
You could have gotten some .0012's yesterday at this time :) A day late.
Agree the Stt interview is great, but to me the most informative part comes in the 44th minute. Suggest fast forwarding to that part about using revenue to buy back shares and in turn reduce debt. He deosn't get into details, but it sounds like he plans on buying back shares from debt holders to thus reduce debt and in turn shares as well. IMHO GL
LOL, never said it couldn't. Just want you to be aware what is happening here as most of us are, as to make an informed decision.
I agree with you, not sure on timelines though. You could be right, hope so. Lots coming down the PIKE, LOL. Welcome aboard and GL.
http://www.otcmarkets.com/stock/MIKP/filings
You can make that decision.
Great close! That tough resistance at 15 is now support WOOOHOO, think we may be in blue sky breakout territory, but I will leave that to the chartist???
LOL, Good 1
Lots of talk about MIKP will be going on this evening, no matter the close.
Volume is nuts, didn't expect 50 mil till maybe end of day. Typed one post and it went from 32 mil to 52 mil volume and WOOOHOOO 16
Totally Agree!
OMG are we going to break 15 today? WOOOHOOO MAYBE!
This could get interesting as we get closer to the close of the day. IMHO
For any new comers curious as to what is going on here at MIKP, DTC Chill lifted and the big story in the following link.
http://www.otcmarkets.com/stock/MIKP/filings
GL
5000 left on ask, seems we may be movin up!
Could be things are all going to fall into place here rather quickly. IMHO
No white space preview, but saw about 5 others some looked decent.
Agree, they will at least show substantial debt reduction and share reduction, possibly some decent revenue.
Seems we have some volume coming in, with good bid support and a much smaller ask. Enjoyed the new Bourne film yesterday, followed on the same overall storyline, but with new twist and of course wide open for the next one. Action was nonstop, I would give it a 7.5-8 rating. By they way use the restroom before the movie starts.
Off to see the new Bourne movie, GL MIKP er's
you said there are 700 mil that could become outstanding?
According to July 17 filings, which are better than a PR by any measure.
How can 700 mil become outstanding when the OS is 2,146,000,000 and the AS is 2,249,000,000? 103 mil difference.
Wrong there are 103 mil difference between the OS and AS. Read the filings.
Wrong agian on AS, keep trying. How are people suppposed to believe a guy that isn't up date.
Quote from July 17, filing "The undersigned, being the CEO of Mike The Pike Productions, Inc., a Wyoming
Corporation, hereby confirms that on this date of July 17, 2012, Mike The Pike
Productions has filed to return 103,000,000 shares of the company’s common stock to the
company’s treasury, reducing the company’s total outstanding shares by 103,000,000
representing 4.6% of the O/S, resulting in a total figure of 2,146,000,000 in the O/S of
2,249,000,000 Authorized.
The company has reduced in excess of 18% of its Outstanding Stock in 2012, and is
actively taking measures to further reduce both the Authorized and Outstanding Shares."
Agree great conversation. I am sure you have herd the interview, but you can fast forward to that part only. Might shed some light on what is going on. The share and debt reduction came after the interview,in the 44th minute he says they are in the process talking with debt holders and that they are going to utlize revenues to buy back shares and in that knock down debt. To me = revenues buy back shares from debt holders which lowers debt. Thus reduced shares and debt.
We could go back and forth on this, enough for today.
Have a great weekend!
I think the shares they are buying back are those of the debt holders to reduce debt and shares.
Seems it is happening.
http://www.otcmarkets.com/stock/MIKP/filings
Did you listen to the 44th minute of the interview? What do you think?
Could be, or they recieved down payments from the two films they sold to do these things. Either way like your train of thought on this.
Listen to the 44th minute of the radio interview, says they will be utilizing revenue to buyback shares and renogotiate debt.
Listen towards the end of the 2nd radio interview Mark does say that revenue will be used to pay down debt.
I don't think he was lying! Renogotiated could include payments to lower the loan amounts. Could be that he is not at liberty to disclose the terms specifically, especially here on a sight like IHUB. So he gave us what he could without spilling the beans so to speak.
You may be right, I think they did. Only my speculation, we will see in the Q2. Kind of strange that they were able to do these things all of the sudden as movies were being sold. Not saying all the debt ways paid with revenues, but they might of been able to renogotiate the debt with some type of payment.
Mark does say in the radio interview that debt would be paid with revenues. Again I am only stating my view from what I herd on the radio interview and observing the substantial amount that the debt has been reduced, almost 900,000. I do understand that KOP has stated that it has been renogotiated, but the details of how that was done are still up in the air. Reducing that much debt would in my view require some resources. They are still trying to figure out how to announce revenue according to information I am aware of, doesn't mean they don't have revenue and in fact may mean they do have revenue. IMHO GL
How do you think the debt was renogotiated?
Looks like someone took down their ask now 910k bid 155k ask might uptick again not bad so far for a slow day
700k left at ask 7mil bid looking good
I also think that a big part of that decision was due to resources. I think that selling the two films with more in the pipeline gave MIKP the resources($$) to deal with debt/share reduction, something that they did not have before. It all seemed to happen about the same time. IMHO
I believe managements decision to change their ways with the MIKP stock and build value is largely due to the many positive things that are coming down the PIKE (pun intended). Looking like this may be the beginning of a very long run for MIKP. Not saying this will happen fast, but appears to be inevitable if they stay the course. Thoughts? IMHO GL
Yep, things are going to be falling in to place quickly from here on out. IMHO GL