Mike The Pike Productions, Inc. (OTC: MIKP) to Withdraw Most Recent Form 10 Submission in Favor of Resubmitting Form 10 to include Audited Financials Toward Becoming SEC Fully Reporting and Effect Pink Current with OTC Markets

Rhea-AI Summary

Mike The Pike Productions, Inc. (OTC: MIKP) announces the withdrawal of its recent Form 10 submission to refile with audited financials in compliance with SEC guidelines. The company expects to submit the revised Form 10 within 7-10 days. CEO Mark B. Newbauer highlighted an achievable path to becoming a fully reporting, Pink Current Information Tier Issuer under the new 15c-211 amendment. The subsidiary, Arowana Media Holdings, is actively working on development projects, including the Vampirella Universe and the New York Times Bestseller ‘Wish’.

Positive

• The company is resubmitting its Form 10, which will include audited financials, enhancing transparency.
• The amendment approved by the SEC provides a clear path towards becoming a fully reporting issuer.
• Arowana Media Holdings is actively developing notable projects that could strengthen the company's portfolio.

Negative

• None.

Scottsdale, AZ, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Mike The Pike Productions, Inc. (OTC: MIKP) (“The Company”), ($MIKP), a fan-owned entertainment studio focused in the acquisition, development, and production of entertainment intellectual property through its wholly owned subsidiary www.ArowanaMedia.com, announces today that per advice of counsel, it will be withdrawing its most recent Form 10 submission in favor of resubmitting the Form 10 to include Audited Financials with respect to SEC guidelines and procedures.

The Company anticipates its PCAOB Auditor to have work completed in a timely manner and has expectations to file the Form 10 with audited financials within the next 7-10 days. 

“It’s with great pleasure that, under the recent 15c-211 amendment approved by the SEC, we now have an achievable path to becoming a fully reporting, Pink Current Information Tier Issuer as we continue to make great strides in the company operationally, through its subsidiary Arowana Media Holdings,” states CEO Mark B. Newbauer.

“We are operating full force in Arowana on development benchmarks for our projects including the Vampirella Universe, New York Times Bestseller ‘Wish’, and other titles soon to be officially announced.”

LIKE, FOLLOW & SHARE AT:

Facebook:  @arowanamedia
Twitter: @ArowanaOfficial and @MTPprods
IG: ArowanaMedia

About Mike The Pike Productions (OTC: MIKP), Arowana Media Holdings and Mike The Pike Entertainment

Mike The Pike Productions is a publicy traded media holdings company operating through its subsidiary Arowana Media Holdings, Inc. (www.ArowanaMedia.com),  a fan-owned entertainment studio focused on IP Acquisitions, Development and Production, and building a diverse portfolio of IP for the entertainment marketplace.  It does this 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, Web3, Metaverse, and Artificial Intelligence.

CONTACT:
CEO Mark B. Newbauer
hey@mikethepike.com

FAQ

What is the latest news about Mike The Pike Productions (MIKP)?

Mike The Pike Productions is withdrawing its recent Form 10 submission to include audited financials, anticipated to be resubmitted in 7-10 days.

When will the audited financials for MIKP be available?

The company expects to file the Form 10 with audited financials within the next 7-10 days.

What projects is Arowana Media Holdings currently developing?

Arowana Media Holdings is working on the Vampirella Universe and the New York Times Bestseller ‘Wish’ among other titles.

How does the SEC's amendment impact MIKP?

The recent amendment gives MIKP a viable path to become a fully reporting, Pink Current Information Tier Issuer.