2010-2013 projections for MTP's ServeNation have been announced by Mike the Pike Productions CEO Mark B. Newbauer and New Media President Tim Bredemeyer. They are very pleased to be announcing positive net revenues by end of 2010 and approximately $100,000,000 in gross sales by December 2013. More in-depth look at the projections can be viewed on their website.
"With proper marketing, branding and business model enhancements, ServeNation, if even participating in less than 1/1000th of its market segment, will have generated over $50,000,000.00 in revenue over the next 3 years. These are conservative projections and are detailed month by month for 2010-2013. To ensure the projections to be conservative, initial figures were based on past revenues by ServeNation. We implemented industry research, statistics and projections which relate directly to the focus of our newly proposed model; then processed calculations with a rate of growth which could be managed by MTP with minimal overhead," continues Bredemeyer.
Newbauer concludes, "It's very exciting to see recognized opportunities pay off for the company and its shareholders and ServeNation is by all means a good example. Much to come in the Motion Pictures and Concerts/Events divisions including Indiana's Got Talent announcements, pre-production updates for 'Horse' and development on feature film projects including George R.R. Martin's 'The Skin Trade' as optioned by MTP for movie rights."
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Mike the Pike Productions was formed in 2009 by CEO/President, Mark B. Newbauer, with a focus on Feature Film Development and Production as well as Concert and Event Promotions. Mike the Pike Productions has offices in Fort Wayne, IN and Los Angeles, CA with entertainment and finance contacts worldwide. The team chooses its endeavors carefully and, as a publicly traded independent studio, can best be defined as an Entertainment entity that creates, develops, finances, and produces programming, without the initial involvement of a major motion picture studio or mega promoter, utilizing industry contacts, private investors, gap financing and pre-sales to put concept to screen and stage for audiences around the world. Last but not least, Mike the Pike Productions aims to set an example in a highly profitable industry in committing to donate a percentage of producer profits on their films to foundations and organizations believed to be progressive and beneficial to their global community.
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