Mike The Pike Productions, Inc. Subsidiary, Saint James Films, Acquires Worldwide Rights to Bloodthirsty, Bikini-Babe-Eating ‘Jurassic Shark’

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LOS ANGELES--(Business Wire)--Mike The Pike Productions (OTC: MIKP) is an entertainment company with a focus in feature films, graphic novels and media holdings, including genre house, Saint James Films (SJF). Today, Saint James Films proudly announces that with the help of its strategic partner, TomCat Films, LLC, it has acquired Dudez Productions’ Cult Classic in the making, ‘Jurassic Shark’.

“Between in-house productions and acquisitions, ‘Jurassic Shark’ now marks the fifth film this year as a new asset to the Saint James brand. This is exactly why we acquired Saint James. It’s a systematic approach to building long-term growth and shareholder value in MIKP.”

This marks the company’s second acquisition in the last month, with more on the way. “As mentioned in our last press release and in our company blog" more movies mean more revenues,” states SJF Chairman, Mark B. Newbauer, who also serves as CEO for Mike The Pike Productions. “Between in-house productions and acquisitions, ‘Jurassic Shark’ now marks the fifth film this year as a new asset to the Saint James brand. This is exactly why we acquired Saint James. It’s a systematic approach to building long-term growth and shareholder value in MIKP.

Directed by Brett Kelly (My Fair Zombie, Kingdom of the Vampire), Jurassic Shark is all the campy goodness you’d expect from its title: When an oil company has unwittingly unleashed a prehistoric shark from its icy prison, the jurassic killer maroons a group of art thieves and a group of beautiful young college students on an abandoned piece of land.

The film will be released in the US (aka Attack of the Jurassic Shark) by Phase 4 Films  and internationally by tomcatfilmslls.com

“I’m very pleased with the progress we’re making in our first year,” states Saint James COO, Ted Chalmers. “With more productions and acquisitions underway for 2012 and sales/distribution in place on all films, Saint James Films is ahead of schedule on this front and, inevitably, will hit a point in the near future when receivables turn into a consistent stream of revenues to help take the company to the next level, all the while supporting its parent, Mike The Pike Productions on more ambitious endeavors toward becoming a contending mini-major and possibly a primed acquisition target by a larger studio e.g. Lions Gate or Time Warner.”

Saint James Films will have several properties available for buyers worldwide at this year’s AFM in Santa Monica  including Blood Rites, Lizzie Borden’s Revenge, Captain Battle: Legacy War and more! AFM expects to host over 1500 buyers from 70+ countries with billions of dollars in buying power.

Mike The Pike Productions will also attend AFM with a handful of premiere properties on its production slate at AFM toward identifying premier sales agency and distribution partners for the best possible packaging and sales.