For those of you who are so worried about how much the St. James film company is making, you shouldn't be.
It was already explained to us that the film company is very good at choosing movies and making a profit.
What could be happening here is that the amount of money being generated in terms of revenue may be added to the quarterly statement.
I simply wouldn't spend too much time trying to find little descrepancies. If you are already at that point I suggest you get out before the sky falls.
We have already found out in the last couple of weeks or so that MIKP is current and they have a new subsidiary.
The next step is to either get the DTC chill removed or White Space (completed) and I already addressed that (DTC chill) in an email to Mark today. Questions / response below.
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I hope you are keep apprised of the DTC chill situation. Right now the DTC chill weighs much more heavily in my opinion on MIKP than White Space.
The chill removal IMO also, should be higher priority than White Space as it is the big bad cloud hanging over MIKP. Without the cloud, MIKP has the freedom to do a big run if and when there is White Space news.
Being current should greatly help your situation, however I have a big question mark in my mind over 500 million shares that appear to be the amount of shares for the Film company. Wasn’t it shares that started this whole big DTC chill thing with MIKP in the first place?
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We are keeping apprised, however there isn't much we can do we aren't already doing and I have to disagree that it takes precedence over completion of White Space. Our goal is to grow the company and further its projects. That, for the most part, is within our control and something we work on diligently; the other, though we work on it diligently, is somewhat beyond our control and relies on responses from third parties, including DTCC.
I agree that being current is first and foremost, and feel strongly that issuing shares for deals like Saint James Films or other assets, mergers, etc. will not affect us adversely but rather, to the contrary. The DTC issue is what it is- they can say its because the sky is blue-- fact is, they are looking to put pressure on the micro-cap markets giving whatever reason they can for these 'chills'-- I don't think their reason is valid in our case- many times they don't/won't even give a reason and the one they gave us was vague at best. So it's a battle worth fighting and one we will continue to have our team work on, but all the while, our primary focus will be on Skin Trade, White Space, the SJF slate and other objectives we will announce forthcoming.
Best,
Mark B. Newbauer
CEO/Producer
Mike The Pike Productions, Inc.
