Mike The Pike Productions Inc (MIKP)

[imiloa]

if the OS stays at 2b through the sale, we should do well.
if you recall, my speculative math last summer assumed 1b-2b OS at the time of sale.

my concern is the risk of more dilution before the sale.
In 2010, Mark diluted us silently to 11b (11b !!!), then hit us with the RS last March.
Since RS, he's diluted 20x in 10 months (110m to 2b).

to be clear, i'm not asserting that Mark will RS again.
i'm simply noting that the Mark's history of dilution is likely a factor in buyer hesitation.

MIKP, the company, does seem have a compelling story currently.
the question is how much our current shares of MIKP, the stock, will benefit from MIKP corp success.

eg: pre-RS, I had 50m shares. post-RS, those shares are now 500k, worth $150 at 0003 close price.

only time will tell, and Mark might not even know the answer currently. ie: if you believe the dilution is supporting cash flow and partnerships, how many shares will Mark need to add to cover bills and make deals before WS sells?

i'm certainly not saying folks shouldn't buy.
just that they should buy with open eyes, aware of the dilution history.