SOURCE: Mike The Pike Productions, Inc.

Mike The Pike Productions, Inc.

October 20, 2009 06:00 ET

Mike The Pike Productions' (MIKP.PK) NMR Ads up to Profit

MTP Prods Sets up Ad Agency for Increased Revenues

FORT WAYNE, IN--(Marketwire - October 20, 2009) - (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, 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.

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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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