Mike The Pike Productions Inc (MIKP)

[imiloa]

re: Who said I'm not acknowledging the risks?

you continue to downplay and justify away
the risk of common shares being diluted to oblivion again
as they have been before.

which seems especially concerning
given mark continues to refuse to discuss
why he's increasing the AS/OS ratio 5x.

and you shrugged off the imminent 25% dilution
from neville's toxic debt conversion
which triggers in 2 weeks.

as ever, i believe in the potential that films will be made.
i'm just less confident we common shareholders
will have much stake in potential fiscal success.

you remain relentlessly confident that the RS is a good thing,
therein, imo, playing with fire you resist acknowledging.

to be clear, i'm open to the possibility
that mark will "do the right thing"
and not dilute heavily near term.

heavy dilution just seems far more likely to me
given both empirical history
and the fact that mark/MIKP are broke
with no known revenue streams until films are completed and distributed,
which won't happen until at least 2025, if not later.
(film production, post, editing takes years, not months.)