Mike The Pike Productions Inc (fka MIKP)

[ThurstonHowellThe3rd]

Just a few comments:

What is MIKP and MIKP's business model?

http://mikethepikeprods.com/about/

Mike the Pike Productions was formed in 2009 by CEO/President, Mark B. Newbauer, with a focus on Feature Film Development and Production as well as Concert and Event Promotions.

Mike the Pike Productions has offices in Fort Wayne, IN and Los Angeles, CA with entertainment and finance contacts worldwide. The team chooses its endeavors carefully and, as a publicly traded independent studio, can best be defined as an Entertainment entity that creates, develops, finances, and produces programming, without the initial involvement of a major motion picture studio or mega promoter, utilizing industry contacts, private investors, gap financing and pre-sales to put concept to screen and stage for audiences around the world.

Projects are initiated by MTP only when our commercial prospects are reasonably assured and the investment risk overall is minimized. Partners take hands-on responsibility for personally evaluating content, budgets, historical data, current trends, branding, talent, crews and venues quickly while minimizing overhead and bureaucracy. Further, we always strive to stimulate economic development wherever we produce.


You stated:

'Pinks can't afford diversification imo. They need focus because capital and resources are generally limited.'

That’s a very general statement.

'Pinks', can be considered 'small businesses'. According to the experts (in the articles I provided links to), they agree in the ‘limited resources’ aspect and address this, but have a different opinion about small business diversification and the timing. Focus is important, but diversification can also be done, if planned carefully and early on:

http://findarticles.com/p/articles/mi_m1365/is_11_34/ai_n6152951/

"..... branching out into a new line of business--or tapping new customer groups--can be profitable when it doesn't require too much additional labor or resources. The key is to start with your core offerings and figure out what additional products or services you can offer without having to open an entirely new business.

* Think about new revenue streams from the start. Entrepreneurs often hit roadblocks early on when trying to reach success because they don't consider diversifying or changing and adding to their product lines.'

* Don't give up on your core business. The key to success says Joanne Sujansky, Ph.D., CSP, and CEO of business consulting firm Key Group in Pittsburgh, Is to stick to your core business while keeping an ear to the ground for new opportunities."

In line with the original plan, Mark has added events and divisions to generate revenues in the short term. In doing so, Mark has stated in the past how low overhead was an important factor in MIKP's decision to take on certain new revenue streams. Low budget films, harvesting talent from competitions, taking advantage of passive income through selling advertising on websites, cross-selling/tie-ins to existing customer bases, utilizing private investors -- these all indicate to me that Mark is aware of any limitations in respect to capital and resources.

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You stated:

'What measurable revenue stream and will company consistently timely file quarterly financials and break down the revenues streams?’

Filings?? MIKP is a Pinksheets stock, not a big board stock, yes? Why do you set big board expectations on a Pinksheets stock?

Mark announced recently that filings would be made starting from Q2, so he plans on exceeding requirements in that respect.

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Some have assumed Mark has completely lost his focus and, in effect, thrown his original business plan aside. Look back at the original business plan, in summary:

Mikp was formed as a full-spectrum entertainment firm with Feature Film Development & Production, Literary Acquisitions, Concert & Event Promotions and New Media divisions.

Sounds like the new revenue streams announced so far fit the original model to me.

Generally speaking - business plans need to be reviewed annually and adjusted as they are rolled out. To stick inflexibly to an original plan does not guarantee success, nor does it always make sense. You can still maintain the core of an original plan while making additions or adjustments as required. If you research business plans, that’s a well known fact.

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You stated:

"First was concerts
Then Talent contests
Hope for movies
Now Cop swap
and ServeNation
Still hoping for movies?

Have I missed any other ventures?"

Actually, yes – the George MM Martin literary acquisition, The Skin Trade and today’s PR re: MMA… http://www.marketwire.com/press-release/Mike-The-Pike-Productions-Sets-Up-a-Double-Knockout-for-MMA-ServeNation-1127189.htm

Re: "FightNightMMA - the first event which is to take place on Saturday, June 5th, 2010 at the Allen County War Memorial Coliseum in a 360 degree cage setup allowing for over 13,000 seats and over 100 VIP tables which will sell for a minimum of $1000 each to sponsors and fans. Selling the VIP tables alone puts us in a profitable position and these seats often go for $500-$15000."
Re: "The ServeNation tie-in: Our conservative goal there is to gather a minimum of 25,000 ServeNation users by the end of 2010 with an average of $100 per month loaded/swiped, which will produce sales of over $10,000,000 for the company; $200k-300k in net revenue."

Short term revenues sound promising for this latest event announcement. Looking forward to seeing how it turns out.

As for share structure, Mark has used private investors so as to not have to change the current share structure. He has also stated his position on the share structure now, but acknowledged the possibilities of changing it down the road, again, showing he is aware of concerns.

Looking forward to more announcements showing the results of much behind-the-scenes activity and efforts of the entire MIKP team.

For a young company, they seem to be doing a great job.

Of course, as with any young company or pinksheets company, for that matter, these pose a higher risk when it comes to investing, so each must choose to invest according to their own risk tolerance.

I may not have covered everything here in one post, but I see great progress and a very capable individual heading up the company. MIKP is definitely not for everyone, but I'm willing to back this one.

Cheers,

Thurston