SOURCE: Advanced Content Services, Inc.

April 06, 2010 14:02 ET

Advanced Content Services Accepts LOI From Mike the Pike Productions

Asset Equipped to Strengthen MTP Holdings; Support Added-Value Benefits for Shareholders

FORT WAYNE, IN--(Marketwire - April 6, 2010) -  (PINKSHEETS: ADCS) Advanced Content Services announces its acceptance of the letter of intent to sell controlling ownership interest of the company to (PINKSHEETS: MIKP) -- Mike The Pike Productions, Inc. as an asset held by Mike the Pike Productions for selective business ventures under the MTP umbrella. The transaction is expected to be completed efficiently as both MTP and ADCS principles have verbally agreed on the terms: A one year note to be paid by MIKP to ADCS in cash, common or preferred stock and/or cash equivalents deemed acceptable by both parties. Flexibilities therein shall help ensure a streamlined transfer of ownership which will effect immediately upon signature by both parties to a written Agreement. 

MTP President/CEO, Mark B. Newbauer, feels the move will be one that is universally beneficial in regards to the company and its shareholders. "We've been considering this for some time now as we feel it will greatly enhance our abilities to offer shareholders, collectively, true diversity and the ability to hedge risk in an otherwise speculative market." 

To ensure the deal's attractiveness, Newbauer has required that the purchase only be made "less any and all assets and liabilities" as the shell corporation itself is what MTP executives find as an attractive, undervalued opportunity for the company and its shareholders as described above. "This is best for all parties, particularly as it releases MIKP from any and all liabilities or any pending lawsuits, etc.; MTP will proceed with requirements toward OTC limited or current info status and most likely we'll apply for a ticker symbol change to re-brand the entity in the markets as well. Once the deal is consummated, we'll announce our plans for ADCS under the MTP umbrella which I feel shareholders will find to be viably progressive with overall increase opportunity, value and sustainable growth."

The company is expanding in more ways than one, as the issuance of the LOI to acquire ADCS came from MTP's new Indiana Headquarters located at 809 South Calhoun Street; Suite 200; Fort Wayne, IN 46802. The new space in the heart of the city's downtown includes over 3000+ sq. feet including offices, conference facility and additional creative and sales space in preparation of the launch of MTP's ServeNation this coming Summer. The new IN headquarters are close to some production studio/warehouse space that the company has its eyes on to facilitate maximizing budgets on in-house productions as well as servicing studio clients with soundstage, office and posting capabilities. 

The company feels the move couldn't come at a better time as it enters its implementation phase with 'Horse' nearing principal photography and the dawn of ServeNation and CopSwap, the latter to be fully implemented on or about April 30, 2010. Newbauer concludes, "This is a strong location in the Midwest as a compliment to our satellite office in Los Angeles. The new space allows us to maintain an address which fosters a strong business identity, advancement and success." MTP will be frequently hosting open house mixers for artists and business professionals at the new locations with plans to foster additional strategic relationships and prospective investors. 

MTP Studios & 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.

Another MTP project in development: Producers Beth Newbauer, Ryan Colucci 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...

FOLLOW EVERYTHING MIKE THE PIKE: UPSTREAM on TWITTER: $MIKP www.Twitter.com/mtpprods
MOTION PICTURES, EVENTS, LITERARY ACQUISITIONS & BUSINESS VENTURES: Want to know what MTP Prods is all about? Check out www.mikethepikeprods.com

ServeNation -- Attention Non-Profits, Charities and Caring Consumers...PRE-PAY IT FORWARD. ServeNation is Passive Giving for the Active Consumer -- Read all about it as MTP prepares the launch of Micro-Giving at its finest; coming to a money-clip near you Summer 2010...

MIXED MARTIAL ARTS FAN? Check out MTP's www.FightNightMMA.com FIGHT TRAFFIC. An evening of breathtaking Pro/Am Fights and special celebrity guests as MMA battles against Human Traffic and Slavery on Saturday, June 5, 2010. TICKETS ON SALE NOW AT ALL TICKETMASTER LOCATIONS

SWORN OFFICER? LAW ENFORCEMENT? Check out: www.CopSwap.org for a phase-by-phase release of the MTP's premier community for Law Enforcement Officials and their communities.

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.

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