Replies to post #59503 on Mike The Pike Productions Inc (MIKP)

[skyrocketinsight]

I know that it is easy to doubt Mark and I have probably doubted him more than a lot of you on this board, but yesterday was a breakthrough for Mark in terms of following through. He actually got a subsidiary like he said he would. If you ask him where this acquisition stacks up against the likes of selling White Space, Mark would put the aquisition above the sale of White Space. That is how monumental the acquision was. Now there is an open door.
Money should be realized for the sale of White Space. Forget about the fact that investors may get 67 percent (of the net sale of White Space- this time around). This was a way for MIKP to get their foot in the film business door.

With the next film 'Skin Trade' it may turn out a little different than White Space, because

MIKP could have money in their pockets from the sale of White Space.

The next time around I just can't see private investors getting the same chunk of the pie as Developing a film will be that much CHEAPER along with probable net revenue coming in and a lesser need for a private investor(s).

[imiloa]

Sky, imo, you can't take Mark at his word on the RS front.
He insisted in 2010 that there was no need to RS, and moreover that if he did need to RS, he would give us plenty of forewarning.
Then last March, we woke up to find the dirty deed had been quietly filed in silence.

Since then (in less than a year), Mark diluted the OS over 20x, from 110m to 2.5b again.

Yeah, 2.5b is far less than the 11b Mark bloated us to in 2010.
But the empirical evidence is that he RS'd after insisting he wouldn't.
And, imo, believe anything otherwise is precarious at best.

Obviously that didn't prevent me from grabbing 30m at 0002 the last couple weeks.
But, I bought on the gamble of a run on WS sale before an eventual RS.