Burned Media Ltd (BUNM)

[Adoni$74]

Quoting from Michael...

"If you understand the online ad model this transalates into inventory that the company can sell. The site will maintain 3 ad positions and going rate for music related sites is $12-15 per 1000 page views. Even at $10 CPM 1,000,000 page views in a month on a growing scale translates into potential inventory of $30,000 USD in advertising for the preceeding month. And obviously that model grows out as use and subscriptions grow. So what we have done now provides a framework for strong online revenues in the coming months. We are developing a media kit and a relationship with online ad sales agencies that will help us realize this revenue but the future looks very exciting and we are amazed at the user acceptance of the site. Based upon our targets we should be at over 10,000,000 page views per month by November 2007."

Even though we are not at 10 million pages viewed yet, looking at his math of 1 million giving us $30,000 USD monthly, does that mean that his expected 10 million viewed pages would give us $300,000 USD monthly ? $3,600,000 yearly ?
Does this make sense ?
Dividing this amount with the O/S would give us anything between .002 to .003 ?