Replies to post #59481 on Mike The Pike Productions Inc (fka MIKP)

[skyrocketinsight]

You can sign a contract that goes back in time to a date prior to the signature. The key word is effective. I wouldn't worry too much about it. This is not out of the ordinary.

[The Law (f/k/a emz)]

good thing I am a legal expert (that's what I do)- we often dtae a document "effective as of a date" earlier than the date that the last signature is obtained- for many reasons, including adjustments/apportionments "froma and after" closing date, as well as for allocation of liability pre and post-closing. I understand the need to be sceptical in the penny world, but looking for a conspiracy at every turn not really productive-

[abc123otc]

That's a good point. Frankly I think it was a weaselly way of saying, it's done, but I'm not telling you yet. all in all- good stuff as, it's done! I agree with you to a point; though I think baby steps are important-- I've been involved in companies where they 'blow their load' all in one release- not a good strategy at all in trying to get new shareholders as its too much. This was nice and clean (a rarity for this company I might add)--- they acquired a company- the company makes films and has them distributed- that's a pretty nice step imo - but yeah, I would like to see a lot more- like- are these the only 3 films they have? Are they going to make more? What's the deal there?