Wednesday, July 05, 2023 2:44:27 PM
Purchasing an option to acquire film and television rights in a literary work (novel, play or original script) is key to our business model. This typically involves establishing an option agreement to produce screen adaptation(s) of the underlying work. Sourcing strong properties is one of the most cost-effective ways to position the Company for exponential returns. IP Development: Once a property is optioned/acquired, Mike The Pike works to develop the property to raise its value in the marketplace. This includes "packaging" the project: obtaining interest or attachment from top level writers, showrunners, directors and talent otherwise which may be the tipping point for studios/financiers to open their checkbooks and pay a premium for the material. Proper packaging will provide the company with a significant advantage over unpackaged material in the marketplace. IP Sales & Licensing: In most cases, to keep costs low and profit prospects high, the company will team with top-tier production companies, agencies and/or studios, allowing us to enjoy the benefits of residual payments while relying on industry powerhouses to provide financing, along with increased manufacturing capacity, wider distribution outlets and established agency connections.
Purchasing an option is KEY to our business model
1. $MIKP has NEVER HAD, nor likely ever will (again) have, A BETTER IP than George RR Martin ("Game of Thrones") content.
Promoted since 2010 to 2019 (last check) as an $MIKP IP. Mark didn't even structure the deal with PERFORMANCE PERAMETERS to RETAIN the content (within a certain period of time for NON-PERFORMANCE). He should have NEVER let it GET TO THAT!!
Live & learn. He no doubt made the FAULTY ASSUMPTION they were going to DO RIGHT by the IP. They didn't. He HUNG the CONTENT OUT TO DRY!! Perhaps that, at the time, was his BEST OPTION. But you --- ALL-WAYS protect your IP!! I don't care if it is LIONSGATE, NETFLIX, PARAMOUNT or howdy-freakin-doodie: Mark, flat out WHIFFED!!... again!
And PS: This happens ALL THE TIME with IP in entertainment industry: He should have KNOWN BETTER!! And did a BETTER JOB looking after shareholders & investors (INCLUDING "family & friends") interests by PROTECTING that IP.
He's never likely to get ANYTHING with that kind of POTENTIAL -- & in such HIGH DEMAND -- ever again!
Your ONLY HOPE now is that he backtracks, promises BLACKSTONE he can make the legal with GRRM go away & make nice: IF THEY MAKE THE PICTURE NOW!! And, make it appear that the lawsuit was mostly leverage (as he simultaneously kisses George's ass).
to keep costs low and profit prospects high, the company will team with top-tier production companies, agencies and/or studios, allowing us to enjoy the benefits of residual payments while relying on industry powerhouses to provide financing, along with increased manufacturing capacity, wider distribution outlets and established agency connections
2. Awesome THESIS & in theory! But WHAT GOOD are those relationships if THEY DO NOT EXECUTE on developing the content?
So, once again, I ask! Where has this CEO executed? Where is the TRACK RECORD? What has he accomplished?
I DO NOT believe he'll EVER have a shot at content the likes of GRRM, through a PANDEMIC, during his EMERGENCE & at the HEIGHT of his popularity!! If I were Mark I'd be working my ASS OFF to get BLACKSTONE to the table, & BROKER the EXECUTION of that deal. NOW!
That's THE DIFFERENCE between a WINNER & a PRETENDER!! And from someone with the CHOPS to get BIG THINGS DONE!! This is NOT another "L" (LOSS) the company can sustain, imv. Because it just SHOWS that HE GOT NOTHING DONE... BLEW THROUGH 2,200,000,000 (TWO BILLION TWO HUNDRED MILLION) SHARES & didn't get SQUAT DONE!!
Yeaaaaaah, frontloaders can cheer ALL THEY WISH --- bottom-line is if ANYONE has ANY IDEAS of ANYTHING REMOTELY CLOSE to a penny, they'd get that GRRM IP back in-house! PRONTO!! That is where the cache lies/lays with this company -- & losing that IP should be UNACCEPTABLE. Mark was encouraged to FIND HIS BALLS by frontloaded shareholders -- NOW HE HAS TO SACK UP & DELIVER there or this is looking like a toasty R/S!
Otherwise, there is just MORE SHARES RAINING FASTER than the company can generate ANY PUMP REVENUES to maintain their current OVERINFLATED (fully diluted, FOR SURE) $5,100,000.00 Market Cap!!
IN FACT: I think currently frontloaded shareholders (& others, but especially them) are INCREDIBLY lucky & fortuitous to be ABLE to GET OUT at $0.0009's (so far). Because I don't see ANY SUBSTANTIAL REVENUES in for-never forthcoming! Not to JUSTIFY a $5,000,000.00 Market Cap,.... AND the A/S is GOING TO HAVE to GET DILUTED... & well in advance of any revenues to SUBTANSTIATE those shares....
LOOK, with this new audited & reporting promise $MIKP has MORE ONGOING costs & expenses:
[] Filing
[] Registration
[] Maintenance
[] Ongoing Audits & auditing fees
[] Ongoing legal & legal fees
[] & the like are simply going to CONSUME more time & MONEY (than $MIKP had expenses in the past).
$MIKP has ALREADY DECLARED having; no cash, no cash flow, no substantial revenues & the like -- so NOW THEY HAVE A HIGHER NUT TOO? More ongoing, recurring monthly expenses to ADD to the list.
The LAST TIME this company was "active & appropriately productive" they went through 110,000,000 (ONE HUNDRED AND TEN MILLION) SHARES per month! There are ~21 active stock market days in a month. Do the math!
110,000,000 shares
/ 21 market days (per mo)
= ~5.25 MILLION shares PER DAY (of DILUTION)
No biggie right?
[] How many shares TRADED TODAY?
[] How many FRONTLOADED are there?
[] How many BILLIONS are currently ON RESTRICTION but eligible to BE USED (for funding)?
[] And there are ~150,000,000 (ONE HUNDRED FIFTY MILLION) SHARES eligible to come off restriction CURRENTLY...
MOREOEVER, the company has ALREADY DECLARED needing outside funding. That means BY DEFINITION -- DILUTION. As in, what are they GIVING IN RETURN for GETTING THE MONEY, services, etc., THEY NEED? SHARES going out!!
And the EXPECTED or ANTICIPATED REVENUES are simply NOT revenues! Ask shareholders who bought into the George RR Martin hype,.... & have seen NOTHING on that IP!!
FURTHERMORE, without HIGHER PRICES, & overcoming the INERTIA of the FRONTLOADED, UNDERWATER, & THE HIGHER A/S & DILUTION -- the price is LIKELY to FLOUNDER without ANY REVENUES!!
So the MARKET CAP goes UP, with MORE SHARES OUT... But the price stays THE SAME... or LOWER!! They can't even justify the price now!! Anyone see any significant BUYING VOLUME here? NO! You don't. And until they SHOW they can MONETIZE their model, why would ANYONE invest? ESPECIALLY if you can't make ANY MONEY on a George RR Martin property!!
I mean,.... HOW DID THIS CEO let that IP get lost like that. I didn't see it in the filings. Where'd it go? Someone PLEASE, point it out to me if it's there! Because if shareholders don't have it, then WHAT DID THEY SPEND ALL THEIR SHARES ON? What do they (management) have to SAY FOR THEMSELVES?
And if I were them, I'd be calling Blackstone & GETTING THAT DEAL ON TRACK: STAT!!
Otherwise, more shares are coming, more years are going to go: Buh-bye! And so too is your money!!
The WILL HAVE TO DILUTE!! And they'll have proven, after 13 years, that they're AMATUERS!!
And it shows!
[] SEC SUSPENSION for STOCK FRAUD
[] Dormant for many years
[] 2,200,000,000 (TWO BILLION TWO HUNDRED MILLION) SHARES OUT
[] Former A/S BLOWN THOUGH & OUT
[] NEW 5,100,000,000 (FIVE BILLION ONE HUNDRED MILLION) AUTHORIZED SHARES UP
[] And NO CASH, NO MONEY, NO REVENUES, NO NOTHIN!
The Company was incorporated on August 5, 2009 and has not generated significant revenues to date.
During the three months ended March 31, 2023 and 2022, the Company had net loss of $8,099 and $689 respectively and no cash flow from operating activities of.
As of March 31, 2023 and 2022, the Company’s cash balance was $0.
The Company has been dormant for many years. These factors raise substantial doubt about the Company’s ability to continue as a going concern.
The Company expects to continue to generate operating losses for the foreseeable future. The accompanying consolidated financial statements do not include any adjustments as a result of this uncertainty.
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