Orlando, FL 11/14/11 (StreetBeat) -- Mike the Pike Productions, Inc. (Pink Sheets: MIKP), a production company with a focus in feature films and graphic novels, has secured funding for up to $3.75 million for its projects from a group of private investors, one of which to whom the company recently sold its ServeNation™ (SN) debit card program, including the SN business model, IP, banking relationships and nationwide client database.“Our company is taking shape in a very big way this year, thanks to our achievements thus far including work on effects driven sci-fi thriller, White Space and development on George R.R. Martin’s werewolf thriller, The Skin Trade,” states MIKP CEO/Producer, Mark B. Newbauer. “To have the buyer take notice of our company’s long-term goals in the form of capital infusion gives us significant leverage in terms of opportunity, advancement and industry position.”
The Financier will engage in an agreement with Mike The Pike Productions in which it will supply the capital to MIKP for project development and production in exchange for an equity percentage of each project in which it agrees to participate.
The Investor has agreed to an initial investment of at least $1,000,000 through 2012, with an additional $2,750,000 contingent upon the Company following an agreed upon budget plan for its projects.
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