Mike The Pike Productions Inc (MIKP): MIKP value being maybe 3

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Re: FiduciaryDuty911 post# 78707

Tuesday, 02/12/2013 7:46:59 AM

Tuesday, February 12, 2013 7:46:59 AM

MIKP value being maybe 3 - 5 times earnings/revenue. MIKP is worth less than $50,000. Now lets factor in current high-interest debt at about $750,000 (without looking at exact #s).

MIKP value $50,000 - debt $750,000 = MIKP worth $0.00

i was just calculating and it seem we would need around $1 mil to buy back all the shares of this comp. lol

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