Replies to Post #104841 onMike The Pike Productions Inc (fka MIKP)

Replies to post #104841 on Mike The Pike Productions Inc (fka MIKP)

Replies to #104841 on Mike The Pike Productions Inc (fka MIKP)

07/14/23 10:59 AM

#104847 RE: MomsSpaghetti #104841

REPORTS: Strike through Christmas ~75 days for WRITERS already!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172340237

This is NOT good.

[] $MIKP has NEW REPORTING obligations: Audits, attorneys, etc., are COSTSLY ongoing expenses.
[] MIKP has NO MONEY!

The Company was incorporated on August 5, 2009 and has not generated significant revenues to date.

During the three months ended March 31, 2023 and 2022, the Company had net loss of $8,099 and $689 respectively and no cash flow from operating activities of.

As of March 31, 2023 and 2022, the Company’s cash balance was $0.

The Company has been dormant for many years. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company expects to continue to generate operating losses for the foreseeable future. The accompanying consolidated financial statements do not include any adjustments as a result of this uncertainty.

https://www.otcmarkets.com/filing/html?id=16757610&guid=q9D-kqiUCyhvJth

That's already a BAD COMBINATION:
1. NO money, no cash, no cash flow, no substantial revenues in over 14 years (since inception), & he's stated requiring 3rd-party financing (in filings) which is DILUTION.
2. He RAISED the A/S to 5,100,000,000 (*Five Billion One Hundred Million)
3. Blew through shares at OVER ~131,000,000 (One Hundred Thirty-One Million) per month! (last time MIKP was "Pink Current")
4. And LOST the George RR Martin shareholder-IP!? The single most lucrative piece of IP this company ever PR-d having... Gone! Gone from filings, GONE from audited filing, GONE since mid-2015 disclosures -- BUT PR'd in 2019? He may have TAKEN that money for himself.

[] He also said he would NOT R/S!
[] He raised the A/S MULTIPLE TIMES!
[] He ALREADY R/S the stock! Wiping out shareholders by giving them 1 share for each 100 they held.

[] Then got a DTC Chill & suspended.
[] Then got SEC SUSPENDED for Stock Fraud
[] Then landed on the GREY's & went "dormant for many years".

And he hasn't made one single profitable penny!! NOT ONE!!

BTW:
How do you have George RR Martin IP in your hands & NOT make ANY MONEY!! I mean, if you're a CEO here & you CAN NOT MAKE ANY MONEY on George RR Martin content-rights then WTF are you doing in this industry? Serious question!! HOW BAD a CEO do you HAVE TO BE to WHIFF on one of the most ICONIC U.S. author's-turned-FILM MAGIC (~752 NOMINATIONS ~275 AWARDS).

George RR Martin holds "Guinness Book of World Records" for his work, performance, sales, awards, praise, etc..

Think on that:
How "great" is anyone that CAN NOT MAKE A DIME on George RR Martin IP?
Since 2011 he has PR'd MIKP-shareholder ownership!
PR'd in 2019. Now gone! Either A THIEF, or INCOMPETENT!! Pick one!

But the studios & execs claim to have AT LEAST Three Months of content already produced & ready for delivery in the fall... And they are buying FOREIGN CONTENT. At CANNES this year, an UNPRECEDENTED amount of incomplete, unfinished, & 1/2 shot content was UP FOR SALE & SOLD in ANTICIPATION of this happening. Keep in mind AT CANNES Execs already KNEW the Writers were going on strike. They have organized & planned for this!

They are going to WAIT OUT the Writers & the Actors. Wait till they have the holidays, family pressures, bills go unpaid, & then they are going to offer them peanuts (as they cry poverty) & if the writers & actors DON'T CAVE this won't be resolved until the NEW YEAR!!

Mark has too many bills from now till then & NOTHING generating revenues to COVER his increased monthly expenses! Shareholders are going to be finding FAR MORE SHARES going out, before ANYTHING is Filmed, Produced, Edited, & completed for monetization. And, even then, there is a WAIT until a film is profitable before shareholders get a taste OF ANYTHING!!

Shareholder this stock, imho, ARE STUCK!! This is NOT going to pennies, & isn't even likely to break out of it's near-term high... It is FAR MORE LIKELY to go lower!! BILLIONS of shares are out & FRONTLOADER still have a profit! They are far more likely to TAKE THAT PROFIT than wait 9mos to a year OR MORE to see where this COULD GO!! But there will be FAR MORE shares out by then. This stock, like others, will likely INCREASE in Market Cap simply via DILUTION!! There is NO COMPELLING & URGENT REASON to BUY this... & most who don't want to sit on DEAD MONEY or a DEAD POSITION will find they're better off liquidating, taking their profit, & minimizing THAT RISK of holding. Because there's a MUCH HIGHER likelihood this is going LOWER than there is it's got catalysts, to create any demand to DRIVE it higher....

Guess we'll see: Time will tell,.... ALWAYS DOES!!

DETAILED IMPACT & INDUSTRY RAMIFICATIONS thus far:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172339422