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uber darthium

01/10/23 2:11 PM

#98835 RE: wadirum1 #98833

NEWBauered AGAIN

SOME FOLKS NEVER LEARN


NEWBauered AGAIN and AGAIN
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TB

01/10/23 2:17 PM

#98836 RE: wadirum1 #98833

mark just needs to submit Q by 2022.then many will know more

Last update: 2015 also haha

https://www.otcmarkets.com/stock/MIKP/disclosure

horrible

http://www.mikethepike.com/

https://twitter.com/mtpprods
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Nikodemos

01/10/23 3:26 PM

#98837 RE: wadirum1 #98833

SORRY to say wadirum1:

NOT EVEN CLOSE!

If he does get MIKP trading and quoted again, you'll have been proven wrong on those points.


I am CORRECT on these points! Getting the "financing" means ISSUING shares at this point: PERIOD! No matter who, what, where,... or when! He has no other REAL capital to trade. And if he did, why did he WAIT until NOW? Why didn't he leverage his assets & AVOID a descent into the grays? If MIKP had so much going for it?

SECOND, I don't know which MM will take the risk to sponsor! Do you? Even if this CEO finally finds a way to JUMP through all the hoops! Incidentally, the SAME HOOPS HE FAILED to navigate in DESCENDING INTO this DUMP situation TO BEGIN WITH!! Let's keep THAT in mind.

THIRD, whereas "monetizing the properties"? These are NOT NEW assets. And he'll have to SPEND MONEY (audit, etc.) to MAKE MONEY! If he's going to file & relist this, currently "expert market" 'grey' sheet stock, HE NEEDS money to accomplish this! And money to maintain. From where will the funding come?

FOURTH, getting this "trading & quoted" means getting sponsored. With NO REVENUES, & NO VERIFIALBE (meaning, audited -- not saying the properties have or don't have value; not an expert - would NOT know) ASSETS (again, not saying there ARE NO assets; saying the market, investment community, MM/sponsor etc., has NO CLUE what that 'value' is) means more outgoing shares/money! I do NOT see away around that ... Do you? Be specific!

LASTLY, he's had these properties: And what has HE done with them? If they are as valuable as you claim, why hasn't he leveraged them already, & generated revenues from them (licensing IP or otherwise) to help ascend OUT of the gray's? Why did SHAREHOLDERS state (on this board) that Mark needed money to file (F10)? Could it be that they aren't as liquid, valuable, or marketable (as shareholders claim to believe?) since HE HASN'T leveraged them BEFORE getting on the grays -- & so far hasn't in trying to: GET OFF the grays?

This hinges on whether or not HE CAN ACTUALLY follow-through. What's he WILLING to pay for, & with WHAT!? And THEN, he is STILL facing THE RISK that a Market Maker WILL NOT sponsor. So money for naught, ...potentially. AND FINALLY,.... he's got to find the money to CONTINUE PAYING the bills relevant to being listed - (registrations, filings, maintenance, continued audits, etc.) -- if & when he ever finds a MM willing to take the risk to sponsor.

So there is a LOT of uncertainty & doing required here: The MOST LIKELY path is a R/S from where I sit. It's mostly common sense! Because THE TIME for EXECUTION was BEFORE getting into this MOSTLY no-trading cesspool in the FIRST PLACE! Now, with increasing costs, obstacles, issues & the like, he's going to pull a rabbit-out-of-his-ask? Good for him, & those who believe that -- if he does. No easy task. And he might be THE FIRST TO SAY: It would have been WISER NOT to have descended here: Rather than to pull oneself OUT of the gray-hole he finds he put himself, company & shareholders into....

Have NO HORSE in this race. And don't want WORDS being put in my mouth! This is JUST MY -- experienced OTC opinion. Do with it what you will. I could CARE LESS... GL!!

PS: If one is going to challenge specific points for the sake of DISCUSSION, then itemize & articulate versus blanket commentary that DOES NOTHING but restate a bias (from my pov). AT BEST, this is an uphill climb,.... & ONE that IF THINGS were as SHAREHOLDERS SEEM TO DESCRIBE: The CEO would have been either DUMB, INCOMPETENT, or BOTH to have let degrade -- WHEN he had SO MANY resources, options, assets, weapons & BULLETS -- that he what? DID NOT choose to access & use! But NOW he will? Ok, if you believe that... G4U! I don't. He's made things WORSE HERE. And it is NO LONGER (if it ever was) in His hands --- except for orchestrating a R/S reset. THAT seems the MOST LIKELY course of action imv.

Look, let's NOT agree-to-agree, instead we'll wait-&-see what develops: Time will tell, ALWAYS DOES!! And if I'm wrong -- I'll say so! I am NOT saying it is IMPOSSIBLE. I am saying it is HIGHLY UNLIKELY -- for the reasons I've enumerated & rationalizations provided. Moreover, I'm stating that I BELIEVE a R/S is more likely -- & the CEO will come to realize that's his BEST course of action imv. Despite the fact that it would wipe out current shareholders. And ALSO REALIZE, for most, that the stock is NOT TRADEABLE (so in some ways it is easily dismissive to say; "the point is moot"): But NOT if you're a bag holder here because the PATH to trading MAY NOT be in the company's best interest... And IF IT IS TRUE that the CEO actually has assets: Why tie them to this 2.4B A/S ALBATROSS (as collateral, etc.), versus conducting a R/S, & getting a fresh go WITHOUT all the baggage? Not the CEO here OBVIOUSLY but, that's what he MUST weigh. As a shareholder, one must ask WHY HE DID NOT deploy the asset BEFORE descending into this HELL HOLE -- if he actually HAD ASSETS & the RESOURCES to do so? GLA. Those invested here are likely going to NEED IT!! I hope it all works out well for shareholders (I ALWAYS DO), but I just don't see it... & have tried to explain why. Again!