Replies to post #97563 on Mike The Pike Productions Inc (MIKP)

[MomsSpaghetti]

Not sure if they are meaning from this release the K1 files by the films producer Vertical. K1s act like 1099 to the investing partner and this is what MIKP would have received from them. Because they are not current we don't know what this figure is, but from the release on that PR:

Mike The Pike Productions is invested in the film with a notable equity stake (it’s most recent K-1 shows an 11.3% stake in the film’s profits after a 115% recoupment of original investment. The Company anticipates a lucrative return given the project’s immense production value, particularly the visual effects supplied by Locsmandi’s team at Filmworks FX.

We know that MIKP netted 15% profit from the film itself which is interesting. Anything is better than nothing. Maybe once we get current and are not silent anymore we will see this wake up.

I watched the trailer and while I am not a huge Sci-Fi person and the ratings were low - the film is actually higher quality than I anticipated.

[skyrocketinsight]

The link was posted in the message you replied to. You have to read the whole link to see where it says 115 per cent.