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You've got it my friend
Yes .0005 will be a key test as will .0010 or .0050 for that matter. We need to show the investment community that this PPS can move but also in order to develop volume momentum. We need and welcome all types of investors.
Right now IME BUNM is a case of the 'extreme.' The current 'extreme' is how low the PPS is in light of the value that has grown. There are a number of unknowns but what is known is that this is not an overvalued stock!!! The PPS has not adequately reflected the growth of the property--so I make the point that this issue is extremely undervalued.
I think all of our understandable excitement about the user growth of hypster.com has obscured how attractive the investment opportunity is at these levels .0001-.0002
Fortunately the focus is now fixing more on the stock, PPS etc. We will continue to attract new investors and of course WELCOME NEW BOARD MEMBERS! The following statement is for all shareholders but particularly new or prospective holders. It's important to view the flagship property of BUNM in the proper context:
Last year on April 1st 2008 hypster.com attained 300,000 users,
1,000,000 will be ATTAINED early April 2009.
333% (+) Growth Rate in ONE YEAR!!!!!!
300,000 X 333% = 999,000
Advertisers and associated revenues can't help but notice the above growth percentage. Hypster.com audience is exponentially growing!!
******************************
THE POTENTIAL FUTURE of hypster.com using a bullish and exponential growth rate :
1,000,000 X 333% = (3,330,000) by April 2010 ??????????
3,330,000 X 333% = (11,088,900) April 2011 ??????????????
IME you have to see this recent 'pattern change' in buying volume for what it is: a warm up for much bigger things. A base of consolidation from which to spring to new heights. We need all types of traders to move PPS but of course there are many accompanying objectives for purchasers.
On Monday March 2nd we saw 62,533,299 of volume. I personally am looking forward to a further change in pattern when we see 100 + million day. If we see something greater than this in the next 30-60 days it could be strong indication of major news coming but the 1,000,000 user attainment really is news in itself. It will represent a new day for the property and then we will be counting toward the next million etc.
It is almost impossible for insiders to keep their mouths quiet before everyone when good or great things are forthcoming. Therefore I am watching out for major swings in trading pattern through the remainder of March and beyond. I have no rumors to report but we will see this volume change before PPS fluctuates. That's why I think that a 100 million + day is one to watch for.
I agree with others that a sudden announcement of buyout could shoot this into the stratosphere. There have been cases of sub-pennies moving .0001 to .01 in one trading day and of course if we have the volume momentum it is completely possible. A certain injection of capital and acquisition by a well-known name could make us extremely undervalued at .01 to the eyes of the investment community.
We will attract people at .0050 and .01 that for various reasons won't buy here .0001-.0002. One major reason can be that they were unaware of us until a major move catches their attention. There are so many bogus penny stocks that it's very difficult for the masses to root out the 1% that are a legitimate, valuable entities.
You never know in the next days or months if .01 is going to become the new .0001-.0002 The opinion of the market can change rapidly when developments warrant the speculation, optimism or reality. Even a PR stating a major announcement of ANY KIND upon attainment of 1,000,000 could drive this thing up to unbelievable volume levels.
I have seen complete fluff bomb pennies with no sales, no anything but pure speculation do billions of volume over days with 15 billion outstanding. We're legitimate--we're growing and we are part of a growing industry with international appeal. There are countless potential revenue streams to be had and some already in place.
CASE STUDY: the below conglomerate ought to consider buying a property like hypster.com. This article also exemplifies the demise of old media. These entities have obviously left themselves 'behind the curve' in obtaining online revenue opportunities.
If you want to keep publishing an old-school newspaper and can't support it with advertising--you need to reform the model. Multiple streams of income is a necessity. Every article like this confirms my faith in hypster.com and its growing 'circulation.'
-Pass the Salt
Newspapers plan more cuts to cope with downturn
Seattle newspaper awaits uncertain future as Hearst, McClatchy plot more cuts to stay afloat
* Andrew Vanacore, AP Business Writer
* Tuesday March 10, 2009, 7:12 pm EDT
*
NEW YORK (AP) -- Workers at the Seattle Post-Intelligencer awaited news Tuesday about whether their newspaper would survive as a key deadline arrived, labor leaders representing nearly 500 San Francisco Chronicle employees agreed to important concessions and McClatchy newspapers finalized job cuts as a sharp drop in advertising revenue that began last summer picks up speed.
Efforts to cut costs at newspapers across the United States have intensified in recent weeks. And experts say that even after big cutbacks in staffing, it may not be enough to keep every struggling daily newspaper in business.
The newspaper industry has seen ad revenue fall in recent years as advertisers migrate to the Internet, particularly to sites offering free or low-cost alternatives for classified ads. Starting last summer, the recession intensified the decline in advertising revenue in all categories.
Hearst's Seattle and San Francisco newspapers have been losing money for years, and with a new president at its newspapers division, the company has threatened to close or sell those newspapers under his "100 Days of Change" initiative.
Hearst announced Jan. 9 that it was putting Seattle's second-largest daily up for sale, and that if no buyer could be found within 60 days, the newspaper would be shut down or possibly continued as a Web-only operation. Tuesday marked the 60th day since that announcement.
Hearst Corp.'s deadline to find a buyer for Seattle's oldest newspaper apparently passed Tuesday, meaning the newspaper could announce within days whether to close or continue as an online-only publication with a skeletal staff. Either option comes with major job losses.
Hearst did not say when it would make an announcement, other than to say Wednesday won't be the newspaper's last day of publication. Spokesman Paul Luthringer said only, "We are still examining our options."
The Chronicle's largest union, meanwhile, reached a tentative agreement on contract concessions as part of Hearst's efforts to dramatically cut costs to prevent a sale or closure, though the deal still may not keep the 144-year-old daily from shuttering or being sold.
In central California, unionized workers at The Fresno Bee were to vote Tuesday on similar concessions. Its owner, McClatchy Co., said Monday it was cutting 1,600 jobs, or 15 percent of its work force, and Bee newsroom employees have to decide whether to accept up to 6 percent pay cuts in exchange for fewer layoffs -- 16 full-time jobs instead of 21 in the 89-member Guild unit.
Workers at two sister newspapers in California, The Sacramento Bee and The Modesto Bee, already have agreed to concessions in recent days. Monday's vote at Modesto means pay cuts of up to 7.5 percent for Newspaper Guild members. Eleven of the 50 full-time Guild-covered positions in the editorial department would be cut; another 10 jobs would have been in jeopardy had the union rejected the wage cuts.
Three McClatchy-owned newspapers in South Carolina, The State of Columbia, The Island Packet of Hilton Head and The Beaufort Gazette, announced Tuesday they were cutting 11 percent of their jobs, or 55 positions among them, while reducing wages for remaining employees. The Herald of Rock Hill, South Carolina, announced job and wage cuts Monday.
The Wichita (Kansas) Eagle, The Kansas City (Missouri) Star, the Fort Worth (Texas) Star-Telegram and The Sun News of Myrtle Beach, South Carolina, are among the other McClatchy newspapers that have already disclosed their job cuts. Others are expected in coming weeks.
In Seattle, there is no word of any buyer for the P-I, and Hearst has made offers to some staffers to work for an online publication. But most of the P-I's employees are expected to lose their jobs. The P-I has been published since 1863.
In the Chronicle's case, the tentative union deal reached late Monday is just the first step toward saving the newspaper.
Hearst warned two weeks ago that it may sell or shut down the newspaper unless it can lower expenses dramatically enough to pare the losses that have been piling up since the New York-based company bought the publication in late 2001 for $660 million. The Chronicle lost more than $50 million last year alone, according to privately-held Hearst.
The terms of even more layoffs and other cost-cutting still must be hashed out with another 420 Chronicle workers represented by the Teamsters union. Those talks probably won't start until employees of the California Media Workers Guild sign off on the concessions their leaders agreed to late Monday. A vote could be held as early as Thursday.
If the package is accepted, the Chronicle will be able to lay off workers regardless of seniority and have more freedom to hire outside contractors.
The union has warned that about 150 of the 483 employees could lose their jobs, although some workers may be offered buyouts. Without the concessions, the Chronicle planned to lay off 225 workers and offer less generous severance packages, according to union negotiators.
Chronicle Publisher Frank Vega on Tuesday declined to comment on the negotiations or the chances of the newspaper surviving.
Even with all the savings envisioned in its cost-cutting plan, the Chronicle's management has warned the newspaper could still lose about $50 million this year, according to union negotiators.
If Hearst decides to abandon the Chronicle, some employees are urging the company to turn over the newspaper to the workers so they can try to keep it alive.
"I believe that it is time now for newspapermen and newspaperwomen to begin saving our institution's soul," Chronicle reporter Delfin Vigil wrote in a recent full-page ad bought in the rival San Francisco Examiner.
Associated Press Business Writer Michael Liedtke in San Francisco and Associated Press Writers Garance Burke in Fresno, Calif., and Phuong Le in Seattle contributed to this story.
AJAB's great IBox work, approach to 1,000,000, speculation on major news at or before 1,000,000, undervalued stock in promising sector and the reality that shares at .0001 are FINITE. The post about 4 MMs lining up today was very telling. They seem to be hedging their bets that trading patterns are changing and that something major COULD indeed happen in the next 30-60 days.
Also the focus here is moving more to the stock/merits of company rather than exclusively on user count. I am hopeful that as shareholders we can encourage more family and friends to give a serious look at buying a position while this is at such low levels.
As I have stated many times--the PPS is no reflection of true value of this issue or any other. It's the opinion of the market and as we know markets (the realm of human beings) aren't always right to put it mildly.
Attaining 1,000,000 is a benchmark with both symbolic and intrinsic value. The user base at the above level can be used to rapidly double or triple existing user count aka refer a friend and generally via the mathematical principle of compounding.
Every new user does count $$$$$ and each and every Web enhancement can increase market share. As shareholders we have many countless reasons to be optimistic.
I told a Web Traffic/Domain expert about daily traffic numbers today and he was very impressed and actually quite incredulous (let me check that again) that our traffic numbers exceed a number of very-established corporate names on the Web.
Yes the audience is both established and exponentially growing.
Kudos!!! Great Work!!!!!!
No one truly knows but let me say that in the event of a lucrative and totally unexpected buyout announcement at 1,000,000 or 1,600,000 or 1,999,000 this issue could see volume over the billion mark in the period of ONE trading day.
IME what the approach to 1,000,000 will do is inject more (buying) speculation about positive prospects for new initiatives and/or buyout prospects.
As I have said in another recent post--is hypster.com worth more now at 929K users than the days of hundreds of beta users? ABSOLUTELY
Sure I am hopeful with everyone else that we receive tangible guidance from management slightly before or after the 1,000,000 but that alone does not dictate buying volume. GREED and FEAR will ultimately take care of this--
Buying this at .0001 is a complete no-brainer (not out of the sense of having no risk) but in the sense that the lower you buy the greater the potential amount of return. Huge volume is going to expose the FINITE amount of shares at these levels.
Market conditions have been very conducive to Market-Maker smokescreens to this point. Investor behavior modification is going to blow their game up.
For all we know--a number of these .0001 shares are basically naked shorted. I will be elated to see MMs get exposed but that can't happen until enough buying volume pours in to get them 'jumpy.'
The Best Buy purchase of napster.com was a very instructive in showing a wider buying pool out there than I personally surmised.
The powers that be there must have realized that brick and mortar stores for selling/distributing music are quickly falling out of vogue and profitability. That's why Best Buy is testing on site music lessons and other 'thinking outside the box' initiatives. IME a strong Web-based presence will be essential to sustainability of any major music-reseller as time goes on.
Look at the growth for example of holiday shopping online as the years go on. Who could see that coming in the early 1990s walking through the local mall?
From newspaper/media conglomerates to private equity firms--there is a need for a hot property with growth potential.
Would you buy a dying daily newspaper with rapidly diminishing circulation for millions or go with a property like hypster.com looking to a bright future and a growth in returns? With a bit of additional exposure and positive hype--this property next year at this time could be looking at an excess of 2-3 million users.
The value of a hypster.com with growing Web loyalty is enormous. Why? because once people come to your site (willingly) you can cross-sell products, offer them traditional/music news and basically build a Web-based juggernaut that can capture market share online.
Greater ad revenues can ensue and the official hypster.com T-shirt might become a common sight of High School and college campuses throughout the nation. Looking beyond internationally--music is truly an international language that can translate well in an era of multinational corporations.
'The writing is all over the wall' concerning the demise of old-media forms and the sad reality is that a number of companies are going to completely fold for a lack of understanding the present and future value of a property like hypster.com and related opportunities for value-added enhancements.
Don't buy hypster.com at your own financial peril:
Hypster.com hasn't even really scratched the surface as far as what it can become.
BUNM is showing more-bullish tendencies as we approach 1,000,000. RSI is still around 50% mark so we have plenty of upside.
We ought to be attractive for investors in that we continue to be at the bottom of a major cup and handle formation. This economy has reduced money flows into plays like ours but once we approach and hit 1,000,000 the speculation premium is going to kick in. Price as always is going to follow sustained volume.
I do not think there is going to be any warning about when news will come our way. The co. has been running on silent mode for quite a while and I don't believe 'news' is going to come through any unofficial channels. If news is 'leaked' we could see huge volume increase but other than that major news will likely come with no warning whatsoever.
For all any one of us know--the co. could now be engaged in serious and substantive talks with a buyout suitor. If not--the hypster member base will continue to grow in an exponential manner.
Last year on this date (262,443 USERS March 5th 2008)!!! We are approaching 925,000 currently March 5th 2009)!!!!
The potential of hypster.com IME is basically 'untapped' when you look at the potential streams of income the co. could yet obtain from its customer 'base.' Any of the above is additional to any current monies now obtained through ad revenues.
I currently don't see indication from BUNM management that they intend to mine these revenue streams--rather I see a buyout entity moving this to the next level.
Who doesn't believe the odds are greater for a buyout offer with 1,000,000 users rather than 262,443?
IMO there ought to be numerous entities who can 'see the light' and see that hypster.com could be their present and future business survival and pay for the privilege accordingly.
For the naysayers--take a look at the kind of money that Best Buy threw at napster.com (HINT excess of 120 million) and you will quickly deduct the actual and potential value of digital music media sites like ours.
PS: AJAB feel free to quote me liberally lol
Yes it will be interesting to see if 1,000,000 users is a climatic or anti-climatic event. In the past, the co. would put out PRs at 100K increments but not of late. After all, why PR something that everyone can see at hypster.com?
The attainment of 1,000,000 will of course not automatically result in buying volume. I personally believe that we're in a rut namely due to economic conditions. Buying volume is ultimately up to the market and not management.
Speculation is much more-guarded and let's face it many issues like these benefited from speculation in the past--whether warranted or not. I do agree that BUNM is more of the exception than the norm in the penny world. It does have a real product and Web presence that is undeniable. There are numerous ways to promote the brand and hopefully we will see new marketing initiatives announced soon.
The larger issue stocks are down and people generally are not reinvesting monies back into the market and this includes pinkie world. At least not at level of several years back. If this was several years ago, I am convinced BUNM would have already seen some dramatic PPS fluctuations whether CEO speaks or not!
It is a fact that our circulation is growing--while you see legions of old media newspapers, magazines etc. shutting their doors or morphing more toward online business models as their circulation dries up. Hypster.com is attaining more market share everyday and it will not go unnoticed perpetually.
Our circulation is seeing exponential growth and theoretically compounding is going to reach a new critical mass when we hit 1,000,000 mark. I would like to see the co. 'mine' the existing base with a 'refer a friend' feature and 2,000,000 could be here in no time.
I believe we ought to set a goal to help achieve 1,000,000 no later than April 1st.
What are some ideas from this board to get there?
900,000 + now that looks nice!!!
1,000,000 here we come!!!!!!!!!!!!!!
One other effect of the emailer is raising a general awareness to the hypster name. It may take several exposures for people to take the time to check out site/join etc. so it's not a wasted effort whether we see a large growth 'bump' or not.
When someone who opened email but didn't join sees hypster.com somewhere else on the Web in the future they will recognize the brand rather than not having an exposure. It ought to increase the probability of them joining up in the future due to increased familiarity.
Many studies have shown that people need 3-7 marketing exposures before they consider buying an item or joining a service.
Tens of thousands, hundreds of thousands or perhaps millions have now received exposure to hypster.com due to your campaign.
Next 3-4 days hopefully we will see indications of a growth 'bump.' I would expect this coming weekend 14th-15th to be strong for sign ups. Hopefully we enjoy a record growth weekend.
1,000,000 will be here in no time.
If this initiative goes well then I think an email campaign for ASIA might be in order.
Watching program this weekend: there are 350 million males alone between ages 15-24 in ASIA. I agree with those who think we should and can make further inroads into the international arena.
United States = 22 million males currently between ages (15-24)
IME the way to obtain a buyout in this current economy is to develop multiple income streams. The biggest effect of current economic conditions is that the days of speculative merger-mania, buyouts are less-common. In the past, hype alone fueled a purchase of a given entity.
Now actual income streams are going to be the determining factor--profit over expense etc. I read an article in the past few days about how Facebook has yet to really make a true profit. It still has investment backing of course but they're struggling in creating viable income streams.
They have a huge following and people love the service but in some ways IMO they neglected to generate revenue streams from all the structure. Let's face it when you put up a great deal of expense you need to make a profit.
A co. may claim they are worth 10 + billion all day but what is their income stream?
I think most would agree with me today that a co. bringing in several million revenue a month with 250K in expenses is a much-more attractive proposition in this economy.
The above type of ratios open the door for buyout opportunities. Who wouldn't want to buy a business with that kind of positive cash-flow? Or alternatively who would want to sell such a promising entity until maturity?
IME management should offer every hypster user a monthly offer via email for products/services etc. They should carve out an agreement with a major artist who is looking for a bigger market and who can bring their following to hypster.com
If Mr. 'Singer' has 500K rabid fans then bring those to hypster.com and in return Mr. 'Singer' gets an exclusive 'in' to 1,000,000 + people who enjoy music. They can direct sell their CDs, their T-shirts etc. and concert tickets to hypster.com community as well as the community they already developed.
Perhaps even at a bit of a 'discount' but only if purchased exclusively at hypster.com Those who join hypster.com get a base free service but also access to special promotions and discounts not offered elsewhere.
Management has a 'treasure trove' of possibilities in income streams for example 5% kickback on all online ticket purchase etc. but not so much that you discourage an artist from wanting to be associated with hypster.com The most rabid fans could pay 5.00-20.00 a month to be part of a 'private' artist Web site with encrypted passwords and special offers like backstage passes, autograph signings etc.
There are hundreds if not thousands of realistic ways to create viable income streams here. Now comes a need to get the ideas to not only paper but reality.
If we had 5-10 artists like above can you imagine the growth of hypster.com and the word of mouth and associated loyalty?!!!
We need to make some acquisitions in the sense of acquiring the loyalty and following of music artists. We will afford them a greater cut of their earnings, offer them a springboard to sell their products in return for bring their following into our fold.
77,000 hypster users added in last 30 days--quite a growth clip! More to come--
I'm wondering if it would be more-effective if you're going to keep LOVE if you personalize it: I LOVE HYPSTER! etc. since that which follows after is a personal recommendation.
Also I would recommend a maximum amount of conciseness. I believe that less is more and most studies find that attention spans of most audiences are getting shorter. 1 concise paragraph or 2 is going to be more-effective than 3. Hypster.com is a simple service to join, to use etc. ought to be exemplified by the invite.
Once we hook them then we need to quickly direct them to hypster.com and perhaps even tell them to hit 'join hypster' and 2-5 minutes later etc. you've joined!
I might recommend several placements of hypster.com link in the email because this type of marketing relies on a bit of brain-washing. Keeping the hypster name in front of a prospect who has previously had no exposure is a key element to getting them hooked-in.
There might be an exponential increase of getting them to join if they're invited multiple times to do so. Most sales techniques emphasize that it may sometime take 5-10 exposures or invites for someone to finally act on a call to action. I am looking forward to the success of this initiative. Thanks for your work!! I have a very good feeling about this effort--especially as we approach the coveted 1,000,000 milestone.
Yeah I would stick with emphasis on the FREE aspect--moreover some inferences to the fact that you can listen to entire songs and not just clips. We're not only FREE but the best digital music service of its kind on the Web.
I don't know if we should plug hypster.tv too much because our main bread and butter is hypster.com and that's where we're going to see highest growth and highest buyout interest.
Nearly 60,000 added since January 1st (781,286)
It will be interesting to see if excitement for 1,000,000 user milestone can increase buying volume to the point where we can get more investor attention.
What we need is a 0-90 mph in seconds so we get attention of the pinkie stock buying community at large ie. low volume or no volume and then multiple days of volume in hundreds of millions. The reason that many have stayed away besides the overall economy IMO is that high volume/high volatility will bring in day-trader money.
Day traders need to have the confidence that they can get-in and get-out and trading conditions have not been favorable to this scenario. Therefore many of these have stayed on the sidelines.
We can't and shouldn't rely on management to add fuel to the speculative fire as we approach 1,000,000. It is not in their plans or nature to divulge such details. I also think it is not in their interest or perhaps shareholders--in the sense that if we're going to get bought out we need max money offer.
I personally deduct that the chances of a buyout will increase either right before or after attainment of 1,000,000 users. Yes it is speculation but based on analysis of industry trends, company behavior and poster sentiment it will represent a fulcrum point of the last few years of efforts to build the brand.
I still interpret the silence of management as confirmation that a primary goal is to obtain buyout and cash-out. Have we heard anything to the contrary? No. Hopefully despite credit crisis we will start to see a guarded renewal of buyout activity generally. However, the reality with the likes of Google, Microsoft etc. tightening their belts and reducing aggressive business strategies is that it may take longer than March or April to receive an adequate buyout offer.
Meanwhile, hypster.com should continue to grow and achieve a new measure of market share everyday. We are light-years ahead of other entrepreneurial ventures that want to start a hypster.com brand as of today. Music is not going away--especially not digital music entities. 1,000,000 will be a great milestone to behold whatever happens IME.
I'm sure he's just networking lol
800,000 the number being heard around the world. I read an article yesterday that said digital musical sales in UK just broke a record and Apple continues to price Itunes for a growing market. Our sector here is definitely showing signs of life and we are the present and future. Our market share is growing and 1,000,000 is not that far away.
Last but not least from yesterdays reading--Google does have money set aside for new acquisitions (2009). IME and very objective one lol I think Google should seriously consider taking hypster.com to the stratosphere!! 800,000 to 8,000,000 + users would be a quick ride with that kind of purchaser.
Thanks Mac. Hope you and yours have a great 2009!
I agree that 1,000,000 should precipitate more dynamic events; whether that be increased speculation about buyout or some moderate to extreme PPS movement.
We do need to draw new investors here who will be motivated by their fear/greed to open up a position. I do think we will see greater buying demand as we approach the 1,000,000 milestone. I do think that the lack of PPS movement is greatly influenced by the overall economy. There are simply not as much discretionary investment/speculative dollars out there.
Interestingly--we may not have any substantial influx of new holders until the PPS busts a move. There are a number of potential investors on the sidelines who may be (unjustifiably biased) by the current PPS. They are totally willing to buy a co. that runs to .0050 or at .01 perceiving 'value' but aren't willing to buy at these .0001-.0003 levels thinking that PPS means there is something inherently wrong here.
The only thing fundamentally wrong here IMO is that the co. and many shareholders are not inspiring confidence by encouraging direct purchase of shares. How can the PPS every move here without demand or excitement?
Telling people to join hypster is one thing--but encouraging people to put their money where there mouth is quite a different matter.
IME we will not see full financials because it may not be in company's interest to show its deck of cards to potential suitors--at least not publicly. I agree that CEO's focus appears to be methodically building the brand and looking for buyout opportunities. Whether he cares about the average shareholder or not is immaterial.
100,000,000-1,000,000,000 of strong buying volume is going to have far more effect on PPS than anything Michael can do. Sure he could hint about 'offers on table' but it would be uncharacteristic.
I continue to be intrigued with BUNM because investors behavior here has been strange and management's approach is different than I've seen.
In my experience, the penny CEOs who PR and talk to shareholders constantly have ended up telling a great story that resulted in a huge run, followed by a collapse and reverse split.
Trust but verify--but I am actually encouraged by Michael's approach to not overtly affect PPS. He could very easily do so but has not opted to go this route which I actually appreciate as a shareholder.
I also believe there are other important metrics in this economy beyond advertising revenue that need to be weighed. In fact, this economy is currently replete with business models that are disintegrating because they are structured around advertising as the main cog of earning their bread.
IME hypster.com has a strong potential to offer a multiple stream of income opportunity to a suitor with vision and deep pockets to realize the above. In the meantime, the story and brand continue to grow. Not getting a buyout in near-term could actually work to our advantage because it will force management to be more-creative and more-focused on mid to long-term.
If you can't sell hypster.com in current market environment--you may just be forced to keep improving it. When the economy improves or even if it doesn't--value can keep growing.
HAPPY NEW YEAR ALL !!! Pass the Salt's BUNM Summary 2008
Currently 778,000 + users 12/31/2008 4:12PM MST
590,000 + hypster users added 2008
313% growth rate !!!!! 188,000 x 313% = (588,440)
We had a great year and best is yet to come with over 1,000,000 users by spring 2009
If current growth curve continues or even accelerates at 300% + level EOY 2009 could look like the following:
778,000 X 300% = 2,334,000
Not always the case
Merry Christmas/Happy Holidays!!! as hypster.com accelerates growth into a Happy New Year! There have been some great posts over the last few days. Great points about organic growth, economic trends and other factors working in our favor.
There are numerous reasons to be optimistic for 2009.
For fun and maybe simply for sake of some humor post your top prediction for BUNM/hypster.com for 2009--make it serious, outlandish whatever. Make it something for the tabloids whatever...
Pass the Salt's 2009 Prediction for BUNM/hypster.com (kind of long but oh well lol)
BUNM management enlists help of William Shatner and Neil Diamond to raise awareness to the brand with Youtube ads, press releases and radio spots. Shatner 'speaks-sings' duet of 'Memories' with Neil Diamond and the single is released exclusively to members of hypster.com--causing a feeding frenzy of sign ups by the curious masses as well as Shatner and Diamonds loyal fans. One month later, this marketing phenomenon and its resulting publicity helps to procure a 150 million buyout offer from Warren Buffett for the privilege of 1,301,000 users and a new growth opportunity in digital music sales and distribution. By 2010 hypster.com is one of the world's premier digital music emporiums with over 25 million users. Buffett procures tens of millions of his personal fortune to greatly increase national and international exposure--believing in the promise of hypster.com as one of the great leaders in music for the 21st century.
Are they currently marketing in a different manner or do you think that user growth is starting to compound aka critical mass approaching 800,000 users?
Interested to hear board members thoughts on the above--if this trend continues obviously we'll be to 1,000,000 'much sooner--than later.'
Nearly 450,000 hypster users have been added here since April 1st 2008 (300,000 users). We will shortly surpass the 750,000 milestone. A sensational growth rate!!
Great post. We are gaining value and market share every minute of the day. 436,000 new users added since April 1st 2008 in a lackluster economy.
The PPS at this point truly doesn't matter--the continued success and survival of the co. is what matters in the long-haul especially in light of current economic conditions.
You are right on about the old days of buying a 14.99 CD at the mall being history as the preferred way of purchasing ones music. It's so 1990s at this point.
800,000 users is just around the corner and then the countdown to 1,000,000 is going to accelerate.
After Best Buy's purchase of Napster.com I am intrigued to see who else in corporate America wants a great opportunity for immediate market share in a potentially lucrative industry. The possibility for multiple streams of income here and heightened national or international brand recognition is very high IME
I think you need to factor in the state of the national and global economy. IME hypster.com simply needs to survive to the point where a cash-rich player or equivalent buys us out and takes this to the next level.
The above scenario could take months or it could take until late 2009 or 2010. Hypster.com is not immune to current economic conditions. Everyone from google to the little lady next door is affected.
Many promising businesses fails because they run out of cash/credit and hence don't attain any staying power. Hypster.com is demonstrating staying power and every user does = value whether one believes it to be $1.00, $5.00 or $10.00 value is building here everyday.
If economic conditions were better this would have likely already run to .0050 + but with the reality of frozen HELOCs and banks slashing credit card lines it does tend to diminish speculation in these penny markets.
Do I spend the $1000 or $2000 on the mortgage or does one procure more BUNM shares. For most investors right now, I would suspect that the very conservative answer is quite easy (at least until this starts running).
In some ways, current economic conditions favor the growth and perhaps acceleration of growth of hypster. Why? because barring people canceling their high-speed internet services hypster.com offers free internet music services and that will be more of a premium in the next 12-18 months as more people financially will be surfing the Web rather than dining out or going to the movies or perusing the mall.
Those that survive this downturn are going to emerge out the financial ashes stronger. As this economy goes--so will BUNM/hypster.com
I am hedging my bet that hypster.com is on the front wave of the present and future digital music revolution. The old players are dying on the vine but a service like hypster represents the future of music artists, distribution and procurring a loyal Web audience.
Management is building this out quite judiciously but 720,000 + users sure has more value than 0 and sooner or later someone with deep pockets is going to be intrigued with taking this to the next level and will salivate upon purchasing a thriving entity with a potential for multiple income streams with appealing demographics. Everyone wants the attention of the 12-20 year old crowd: aka the current and future consumer(s).
Hypster.com/BUNM is one major music celebrity endorsement or buyout offer from a major PPS run.
I agree we're adding value every second, minute, hour, day and this is in the midst of one of the worst economic downturns in recent history. Hypster.com is about the present and future of (digital) music. The recent numbers put out on this board about the purported value of hypster were utterly ridiculous.
The Best Buy purchase of Napster.com for 120 + million should have clued in the wise where the industry is going.
Based on current growth trends, we can expect 1,000,000 + hypster.com users no later than April 2009. I believe that the potential for a buyout should only increase between now and then. If buyout does not occur IMO it will be more a reflection on the weakness of current economic climate rather than a negative verdict on the value of hypster.com These are not ordinary financial times and therein lies both dangers and opportunities for the co and its shareholders.
Corporate players both large and small are having to be more-cautious in the current economic climate. Moreover, the credit crisis has dampened the flurry of buyouts we have seen over the last 5 years. We can't ignore the reality of economy especially as it is affecting profit streams and capabilities of industry giants like Google.
'A stock is not just a ticker symbol or electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.'
Ben Graham: The Intelligent Investor
AJAB start the drum roll for 700,000. Happy Thanksgiving BUNM holders!
I just read 'Digital Sales Surpass CDs at Atlantic' @ dailyadvance.com highly recommended reading for BUNM holders
I just read the article at Bloomberg about Google reducing contract workers/expenses etc. the recession is hurting traditional and online advertising. The big and small players are all being affected. It would seem that hypster's advantage is relatively low overhead which should portend survival through this nasty business cycle. Growth continues at a good clip without overwhelming the model.
Hey Mac,
Thanks for the concern. Of late I've been walloped with major shift in career opportunities/responsibilities. 80-90 hour work week has become the new 'normal.' Things should slow down soon---or maybe not but I like the challenge(s). I do miss having a bit more time tracking BUNM and watching developments unfold.
I continue to be very optimistic about the future of hypster.com The probability of this becoming an attractive buyout opportunity increases with each and every user. Additionally, the opportunities for additional streams of income are endless. They built it and users have come...
When--not IF 1,000,000 users is attained I would imagine a number of suitor(s) who might have the drive to take hypster.com to the next level.
A new owner with deep pockets could push the brand on MTV for a weekend and this could take the brand to the stratosphere or a major music artist touting the merits of hypster could be huge game changers. Will we see a hypster.com television commercial during the Super Bowl in the next five years?!?!?
What intrigues me about BUNM is how few really understand the potential. There are some that believe only what they can see-- and there are some who have something deeper than just belief that this is one to accumulate and watch.
The brand is strong it will eventually call for a bigger stage. The 60K in monthly growth will then be in the rear view mirror. 100,000-300,000 users added per month + will become the new norm.
The current business model suits these recessionary times and we should in due time be rewarded for getting in early rather than chasing this train when it leaps out of the station at warp speed.
The foundation of this co. continues to grow stronger every day. Any reasonable and realistic investor should be able to ascertain this and accumulate accordingly.
Stock price movement is going to follow (buying) volume. IME many are going to relegate this stock to the mere ordinary right up until the point the PPS explodes upward.