Replies to post #74287 on Mike The Pike Productions Inc (fka MIKP)

[cantbelieveit]

I don't see a reverse split to uplist as a negative for longs at all. That's the positive reason to uplist! That will mean more exposure for us if it's trading on a higher exchange and more mainstream investors trading or investing in the stock. Some people don't want to touch the stinky pinkies...the other exchanges lend more credibility to a stock...IMO.

Now, if a company is doing a reverse split to avoid being delisted from the exchange they are on, that's a different story. But to reveres split to uplist, is NOT a bad thing at all and should and could be positive for shareholders!

[MOMO]

the reverse split comment was taken out of contex...Mark stated a restructuring would be necessary if they were to uplist to the AMEX...which is just one possibility he mentioned....he did not say he would r/s the stock...but to get to the AMEX I am sure they won't take a sub penny...

It’s at this stage that we will continue to work toward building our assets and industry position toward an uplist to AMEX or a similar exchange. Like it or not, all involved, we will have to restructure the stock at some point as a result.

[abc123otc]

I did read this finally last night--but it seems to me (and correct me if I'm wrong, but it seemed as though he said 'eventually' and it looked to be referring directly to the AMEX thing)

[skyrocketinsight]

It will take a while to get off of the grey sheets and quiet down FINRA. By that time we will have sold White Space or something else big like a ServeNation rollout. I do not think the stock will be sitting in triple digits with all the news that is to come. I told Mark that I thought his timing was not good talking about a RS split as we shareholders are also having a hard time with MIKP being on the grey sheets. Caught us by surprise like it caught him. I will have to pick his brain and see what angle he is coming from on this subject.

I can see why Mark thinks the way he does as the penny stocks overseers are getting a little picky going back two years to get dirt. I am note even sure if this can be technically called dirt but nitpicking. He just wants out of the penny stocks.

GLTA