SOURCE: Advanced Content Services, Inc.
April 19, 2010 09:00 ET
Advanced Content Services Acquired by Mike The Pike Productions for Ventures Launch
Mike The Pike Chooses a Home for Acquisitions, New Business Development and Joint Ventures
FORT WAYNE, IN--(Marketwire - April 19, 2010) - Mike The Pike Productions, Inc. (PINKSHEETS: MIKP) announces its acquisition of Advanced Content Services (PINKSHEETS: ADCS) less any assets and legal claims or lawsuits to satisfy the primary purpose of the deal: To launch MTP Ventures as its own publicly traded entity. MTP Ventures, Inc. is conceived as part of an initiative to expand MTP's New Media division enabling Mike the Pike Productions to expand without taking away from its core, the Entertainment Industry. Included immediately in the deal is the friendly takeover by ADCS of MIKP's worldwide micro-giving model, ServeNation (www.ServeNation.com) and its online auction and community site CopSwap (www.copswap.org ) with features for Sworn Officers exclusively and those which include civilian interaction. In exchange for the IP, Mike the Pike Productions will receive 1.5 billion shares of ADCS for its books which will be reserved for dividends and development.
"This is a tremendous opportunity for both entities and their shareholders," states Mark B. Newbauer, CEO of Mike the Pike Productions. "This allows MTP the flexibility it requires to cultivate desirable business opportunities in all its divisions while maintaining a strong brand and corporate identity. It also gives investors a chance to diversify their portfolio as we harvest continued growth and increased profitability."
Part of this initiative includes a work-in-progress overhaul of the corporate website, www.mtpworldwide.com to reflect the three distinct divisions under the MTP umbrella: MTP Studios, for feature films, documentaries and episodics; MTP Events for Concerts, Events, Industry Tradeshows, etc. and the aforementioned MTP Ventures for everything in between, such as CopSwap which will launch before the end of this month with projections in tow.
"We will work diligently to update filings on www.OTCMarkets.com including tier upgrade and company info toward further transparency and accessibility in an effort to enhance overall investor confidence and support as we continue to thrive in implementing our vision. This was an undervalued opportunity as acquired and we are pleased to make it part of the MTP family; As such, we will apply for a ticker change in the near future for the sake of the company and its shareholders in regards to brand continuity," concludes Newbauer.
FOLLOW EVERYTHING MIKE THE PIKE: UPSTREAM on TWITTER:
$MIKP $ADCS www.Twitter.com/mtpprods
MOTION PICTURES, EVENTS, LITERARY ACQUISITIONS & BUSINESS VENTURES: Want to know what MTP is all about? Check out www.MTPworldwide.com
ADCS: 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...
Check out MTP's www.FightNightMMA.com TRAFFIC STOP! -- 10 breathtaking Pro/Am Fights as MMA battles against Human Traffic and Slavery on June 5, 2010.
Hey $ADCS: 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.
MTP Studios presents: 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...
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.