Mike The Pike Productions, Inc. Reclaims Ownership of ServeNation(tm) Prepaid Debit Card Program


Mike The Pike Productions, Inc. Reclaims Ownership of ServeNation(tm) Prepaid Debit Card Program

Fort Wayne, IN US, October 03, 2011 /FSC/ - Mike the Pike Productions, Inc. (MIKP - OTC Pink),announces today that, per terms of an agreement with Advanced Content Services, Inc. (Pink Sheets: ADCS), ownership of ServeNation(tm)(www.servenation.com) has reverted back to Mike The Pike Productions, Inc.

ServeNation is a prepaid debit card platform in a $300+ billion market, implementing a Give while you Live(tm) consumer/spending lifestyle that looks to harvest sustainable connection and awareness among consumers, corporations and charitable/non-profit organizations.

As a condition of ownership reverting back to MIKP, All ADCS shares issued to MIKP will, in turn, revert back to ADCS treasury, including 840,000,000 common shares and 110,000 Preferred A shares. As well, Mark B. Newbauer, who serves as CEO for both MIKP and ADCS, will look to step down as an officer of ADCS so as to facilitate full potential for both entities.  

Newbauer comments, "We knew a time would come in which progress would deem changes necessary to corporate structure.  Our progress on the feature film side with Mike The Pike Productions is tremendous.  We're gearing up 'White Space' for worldwide sales, in development on George R.R. Martin's 'The Skin Trade' and near completion on three books under our Graphic Novel/Books division, in addition to other items that have yet to be announced. To add a dynamic model like ServeNation to the mix gives us diversity and major upside potential in terms of revenues, growth and project funding."

He continues, "There are also significant opportunities at hand for Advanced Content Services, Inc. which will better serve shareholders there under new management and steps have been taken to ensure the best possible success moving forward without missing a beat."


IPODesktop's Francis Gaskins interviews CEO Mark B. Newbauer, including a focus on the company's sci-fi thriller, 'White Space' ?

http://www.youtube.com/watch?v=WwVA_zGSKFU


Want more than press releases?  http://blog.mtpprods.com


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.


MIKP CONTACT:

The Nuemark Group
Shaun Kohlmeier, 860-484-3727
Investors@nuemarkgroup.com
www.NuemarkGroup.com



Source: Mike the Pike Productions, Inc. (OTC Pink: MIKP)  http://www.mtpprods.com/
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