STOCK TITAN

Arowana Media Holdings Launches Reg CF for Acquisition and Development for its Diversified Portfolio of Entertainment IP Rights

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary

Mike The Pike Productions, Inc. (OTC: MIKP) announced its live offering on NetCapital.com for expanding its entertainment IP rights portfolio. The company currently owns rights to Vampirella, Wish, and High Moor. CEO Mark B. Newbauer expressed confidence that the funds raised will benefit shareholders and emphasized the demand for entertainment IP in content development. Plans to achieve Pink Current status on OTC Markets were also highlighted, ensuring compliance with updated filing requirements. Details regarding assets will follow in upcoming announcements.

Positive
  • Launch of net offering on NetCapital.com to expand entertainment IP rights.
  • Ownership of popular properties like Vampirella and Wish, indicating strong market potential.
  • Management confident that funds raised will benefit the parent company and its shareholders.
  • Plans to achieve Pink Current status on OTC Markets, improving transparency and compliance.
Negative
  • No immediate financial metrics provided to gauge potential impact of the offering.
  • The need for updated filings may indicate previous compliance issues.

Acquisitions to include additional rights for film, television, gaming, virtual reality and augmented reality opportunities

Los Angeles, CA, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Mike The Pike Productions, Inc. (OTC: MIKP) (“The Company”), ($MIKP) flagship subsidiary Arowana Media Holdings, Inc. officially announces its live offering on NetCapital.com for the company’s growing portfolio of entertainment IP rights which currently includes Dynamite Comics’ iconic Vampirella universe, Barbara O’Connor’s NYT Bestselling novel Wish, and Graeme Reynold’s visceral werewolf saga, High Moor, among others.

Fans, Shareholders, and Investors interested in development stage company opportunities are invited to review the offering and accompanying pitch deck at https://netcapital.com/companies/arowana

A recent Forbes article by Peter Csathy conveys the power of a model like ours given the current state of the industry, and can be found here:
Content Ownership Is King: That’s Why Movie, TV & Music Libraries Are In Such High Demand

Ownership in Arowana shares is separate from ownership in $MIKP shares, however management is confident that funds raised in Arowana will indirectly benefit the parent company and its shareholders. 

“We are excited to announce the offering on Netcapital today as part of a soft launch, which will be followed by a robust online and social marketing campaign in the coming days,” states Producer and CEO, Mark B. Newbauer, who has personally funded much of the existing portfolio to the benefit of The Company and its shareholders. 

“More than ever, studios/streamers are seeking Entertainment IP as source material for content development, and we have identified a number of exciting properties we feel have significant market potential.  As well, we are honored to have aligned ourselves with a team of industry renown professionals such as Jon Levin (producer with nearly four decades as an agent with CAA) and Joseph Lanius (entertainment attorney with extensive experience in rights, production, and distribution).

“Jon’s contributions to so many clients and companies reach back 38 years. His ability to pick great stories and entertainment is only surpassed by his character and integrity. He’s going to be one of the great producers in our business; in many ways, he already is” – CAA partner, Bryan Lourd.

“Another near-term priority for us is to see Mike The Pike Productions, Inc. (OTC: MIKP) through to Pink Current on OTC Markets with updated filings and disclosure in line with stated requirements,” adds Newbauer.  

Details on existing and any additional assets will be covered in subsequent announcements alongside the Reg CF campaign.

About Arowana Media Holdings and Mike The Pike Entertainment

Arowana Media Holdings, Inc. (www.ArowanaMedia.com) is an IP Acquisitions and Development Company with a focused plan to build a diverse portfolio of IP to be produced and exploited in the entertainment marketplace via its flagship subsidiary, Mike the Pike Entertainment, LLC, which will acquire, incubate and develop IP which can then be used to complement horizontally integrated subsidiaries focused in Film/Television/Streaming, Publishing, Software/Gaming, esports, AR/VR, and Artificial Intelligence.

CONTACT:

CEO Mark B. Newbauer

hey@mikethepike.com

Attachment


FAQ

What is the purpose of Mike The Pike Productions' offering?

The offering aims to expand the company's entertainment IP rights portfolio and raise funds for further development.

What properties are included in MIKP's portfolio?

The portfolio includes well-known IPs like Vampirella, Wish, and High Moor.

How will the funds raised impact MIKP shareholders?

Management believes the funds raised will indirectly benefit shareholders and enhance the company's market position.

What is the significance of achieving Pink Current status on OTC Markets?

Achieving Pink Current status will enhance the company's transparency and compliance with regulatory requirements.

When will more details about the assets be released?

Details on existing and additional assets will be disclosed in subsequent announcements alongside the Reg CF campaign.

MIKE THE PIKE PRODS INC

OTC:MIKP

MIKP Rankings

MIKP Latest News

MIKP Stock Data

445.40k
2.17B
2.44%
Entertainment
Communication Services
United States of America
Phoenix