Mike The Pike Productions Inc (MIKP)

[imiloa]

ctp93, agreed in full, esp "The company has good things going, but we know the game here, and the company is not the stock."

We've discussed that reality several, and it's esp apt in current scenario.

There are several potential outcomes from here. Among them:

1. Mark hits some entertainment high notes and can demonstrate revenue. MIKP gets a pop. If so, everyone needs to decide whether they believe Mark can keep the mojo rolling. Those that don't, take their money and run. Others, hang on, risking bag-dom.

2. Mark keeps rolling, but never quite gets a solid hit. Several more concerts/events with weak balance sheets. Maybe a couple films that don't sell well. And MIKP languishes in the 000x forever, gradually sinking to 0001/0002 range as people lose faith.

3. Mark decides to make a "real" stock, reversing MIKP and uplisting. This scenario guts existing shareholders, but gives him a bit more credibility as a company. Last year Mark said he didn't want to R/S. More recently, he's admitted it's a possibility. imo, The probability of reverse split hinges on the number of MIKP shares Mark still has in his own pocket. If he unloaded into the shakerzzz pump, there's no reason to avoid R/S except pride. And profit tends to trump pride over time.

Nutshell, there's still potential here. But I agree in full with CTP that the evidence suggests Mark is hard-pressed to reproduce the kind of run he likely hoped for (having watched the EESO volcano from the inside).

In the meantime, I'm still holding my core 6m freebies. I'm considering fishing for more in the 0001-0003 range if we downdraft. But those would be pure lotto shares for flipping unless we see a PR with credible evidence of tangible profits.