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SMALL BUSINESS
Mike The Pike Productions' (MIKP.PK) NMR Ads up to Profit
MTP Prods Sets up Ad Agency for Increased Revenues
Market Wire
FORT WAYNE, IN -- (Marketwire) -- 10/20/09 -- (PINKSHEETS: MIKP) -- Mike The Pike
Productions, Inc. CEO/President, Mark B. Newbauer announces today that its
Media company, Newbauer Media Relations has been filed officially as an
Advertising Agency for the purposes of forming a new marketing division for
the company.
"This was done toward increased profit streams in the form of ad, copy and
commercial design for companies," but primarily, Newbauer states, "As an
advertising agency, you are entitled to a fifteen percent discount on most
advertising outlets including newspaper, radio and television, all of which
are used consistently by Mike the Pike Productions in its Concerts/Events
division. This basically brings our cost down to .85 on every marketing
dollar on future shows, bringing margins down and profits up...It also
gives us the option to maximize exposure on certain fronts without
additional cost."
The company aims to cover all bases as it expands, including the marketing
arm, Newbauer Media Relations. "We've kicked off the Concert/Events
division in the right direction with some of today's hottest talent working
with top agencies in the industry in addition to aggressive sponsorship and
merchandising campaigns. This sensibility has enabled us to attract two new
private investors on the Concert/Events side of the business. The ad
agency will allow us to grow at a faster rate; and we're also in the
process of acquiring another company which will fit very well with our 'Pay
it Forward' section of the company website,
www.mikethepikeprods.com.
You'll see further developments on the site including concert/events
scrapbook, executive bios and pics for additional executives and
merchandise including the ability to order t-shirts, hats, stickers, etc.
As part of a strategic move, the company will be releasing the details of
the acquisition in the near future. "I feel the acquisition will be very
good for the company and its shareholders," says Newbauer..."and we'll be
finalizing this shortly after our New Business Development department
launches an awareness campaign for the company so as to position ourselves
in front of a multitude of prospective shareholders in an effort to grow
the publicly traded company as we expand the MTP brand internationally.
As well, MTP Prods and its team is excited to move forward with casting on
'Fish in a Barrel' and 'Dresden Sun' as it continues discussions with
writers and directors at top agencies as well as Development/Acquisition
Execs at majors and minis regarding its option on George R.R. Martin's
"Skin Trade." It will also release details on its low-budget feature
announced last week in time to shoot Winter 2009/10.
Clarification to previous shareholders of PINR "We've received a few
questions regarding our acquisition of PINR earlier this year," states MTP
CEO, Mark B. Newbauer. "I have mentioned this in other public forums, but
feel it important to state once again so there is no confusion about any
assets that may or may not have been purchased at time of acquisition: PINR
was purchased for our purposes of a full-spectrum Entertainment Company
with Motion Picture development and Production as well as Concerts/Events
and Literary Acquisitions, primarily. It was sold accordingly: The
controlling block of Preferred Shares, and nothing else, has been
purchased, allowing us to structure Mike the Pike Productions as a
long-term strategy for growth and position in the entertainment industry;
and as a brand recognized for quality, innovation, marketability and
socially conscious profit streams.
Want to know what MTP is all about? Check out
www.mikethepikeprods.com
MTP productions can also be followed on Twitter @MTPPRODS
OR ON MYSPACE at
http://www.myspace.com/mtpprods
Safe Harbor: This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Statements
contained in this release that are not historical facts may be deemed to be
forward-looking statements. Investors are cautioned that forward-looking
statements are inherently uncertain. Actual performance and results may
differ materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to obtain
financing and regulatory and shareholder approvals for anticipated actions.
Contact:
Newbauer Media Relations
Mike The Pike Productions, Inc.
MIKP.PK
Email: producers@mikethepikeprods.com
Newbauer Media Relations
Mike The Pike Productions, Inc.
MIKP.PK
Email: producers@mikethepikeprods.com
MARKET WIRE
2009-10-20 06:00:56
COMMENTS ( 0 )
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