FORT WAYNE, Ind., Dec. 10, 2010 (GLOBE NEWSWIRE) -- Mike the Pike Productions (OTCBB:MIKP) is pleased to announce that it has furnished all required documents and filings to OTCMarkets to qualify for Current Info Tier status. OTC Markets has implemented a strict information reporting system for non-reporting companies and rates them in accordance to transparency elements from Caveat Emptor to Current Information for pinksheet companies (http://www.otcmarkets.com/otcguide/investors_market_tiers.jsp). Current Information is the highest tier with requirements including Initial Disclosure and Information statements, current share structure, current financials and an attorney letter verifying financial information submitted.
"We've been working diligently toward expediting our goals of uplisting sooner than later, which we feel will strengthen transparency and market confidence," states MIKP CEO, Mark B. Newbauer. "We've taken the necessary time to layout a viable game plan for uplisting; Current info tier being our first step; We're thrilled to have, all the while, positioned the company to implement multiple projects at once. This is major headway for our brand and sets us to begin sharing incremental progress in each of our divisions on the way up."
Mike the Pike Productions expects the Current Info Tier status to effect in the coming days . The company is a full spectrum entertainment company with divisions focused on Feature Film development, Graphic Novel Publishing, New Media Content and Concert/Events. The company is currently in pre-production on its first feature film, 'Horse', a crime thriller aimed for worldwide DVD distribution. The company has several feature films in various stages of development with 2-3 features launching principle photography in 2011.
As well, the company has recently acquired the rights to George R.R. Martin's (HBO's much anticipated 'Game of Thrones' creator) 'The Skin Trade', a werewolf novella set against the backdrop of a gritty investigation to catch an elusive serial killer whose victims include ties to a shrouded Lycan society.
Mike the Pike Productions has recently teamed with Ryan Colucci's SpokeLane Entertainment to form 'SpokeFish', a Graphic Novel/Comics Publishing Arm which has recently launched production on three books to launch in 2011.
The company's concert division has worked with artists such as Metro Station, Cobra Starship, Sean 'Diddy' Combs, comedian Mike Birbiglia and a host of others.
The team chooses its endeavors carefully and projects are initiated when commercial prospects are reasonably assured and investment risk is mitigated. Partners take hands-on responsibility for personally evaluating content, budgets, historical data, current trends, branding and talent, while minimizing overhead and bureaucracy.
Overall, MTP projects are 'Mainstream Independent', combining a well-structured vision with top-tier talent; challenging current standards while maintaining mass appeal.
OTC Markets Inc is a company based in New York that provides a suite of products and services for the U.S. OTC securities market. The company operates electronic quotations, trading, messaging, and information platforms.
MTP Producers Ryan Colucci, Beth Newbauer and Mark B. Newbauer present: George R.R. Martin's THE SKIN TRADE: From the best-selling author of the Song of Ice and Fire series comes this white knuckle chiller with a string of unsolved murders immersed deep in lycan lore : When a series of grotesque killings strikes her small hometown, private detective Randi Wade becomes suspicious. The grisly murders remind her all too much of her own father's death nearly 20 years ago. Now there is a killer in town who not only slays his victims, but also takes their skin. Undaunted, Randi takes the case head-on as the murders continue, each more brutal than the last. When a close friend suddenly becomes a target, he is forced to reveal a startling secret about himself and Randi is quickly pulled into a dark world within her own town where monsters do exist and even they have something to fear...
MTP & Horseplay, LLC present: HORSE - a wild ride through the streets of Ft. Wayne on a night no one will forget...if they live to remember...as they take part against some not-so-friendly parties on the prowl for a missing bag of Heroin. It's a race against time for a club-owner, a drug mule, two college kids and a sadistic Irish kingpin in from Chicago to reclaim his stake. SHOOTING 2011 ON LOCATION IN FORT WAYNE, INDIANA
Mike The Pike Productions + SpokeLane Entertainment = SPOKEFISH ENTERTAINMENT
A concept-to-finish Graphic Novel publishing banner developing high-quality, compelling stories with the world's top writers, artists & more! Stay tuned for information on the SpokeFish slate including: Chasing Rabbits, R.E.M. and Bulderlyns...
FOLLOW EVERYTHING MIKE THE PIKE: UPSTREAM on TWITTER: $MIKP www.Twitter.com/mtpprods
MOTION PICTURES, GRAPHIC NOVELS, LITERARY ACQUISITIONS & more : Want to know what MTP Prods is all about? Check out www.mikethepikeprods.com
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.