I like this fairly 'silent period' actually because when good, great or unexpected news etc. hits then it's going to catch the market by surprise because of unknown timing. This ho-hum trading pattern of .0002 ASK/ .0001 BID does get a bit tedious but I believe when FB app is officially released the trading dynamics are going to provide more interest.
There was a NBC news story yesterday shown on our local affiliate here that had a respected technology 'guru' predicting strong trends for 2008. There were fancy colorful looking laptops, interactive video guitar games but the final prediction was this:
Social networking sites will get greater prominence that ever-before in 2008. These networks are going to prove their value to more of the masses/advertisers etc. I have paraphrased but this was the core of the statement. I wanted to pass this along to the board because many people recognize that social networking on the Web is growing in reach and value.
BUNM is truly a ground floor opportunity or perhaps stated more realistically gamble for those who have invested here. IME there is a real possibility and I stress 'possibility' that when app is released that it will increase usership in an extraordinary manner. I am not talking 50K per month but more like 100-300K + per month. We could see month after month increases if that kind of momentum can occur.
IF such growth can be achieved this will really get some serious attention because the 'writing on the wall' will point inevitably to millions of users in a very short amount of time. Is it plausible to this board that 100 users to 200,000 was achieved in 10 months and that 2,000,000 plus can easily be achieved in a similar period of time on a conservative basis? IME With a successful, functional app BUNM will be on its way to millions of users. Moreover, based on this new dynamic we along with management will be able to glean the chances for tens of millions of users in the next 2-3 years. Once we capture and retain users--we have a huge carrot to dangle before advertisers as well as parties that could be interested in acquiring BUNM
It is not a matter of if but when--this app is going to speed up the growth curve and put us more on that map. I am excited to see the release and yet less-excited to speculate on what this does to PPS. I don't care to some point because the value here grows day by day and I believe that conditions are ripe for value curve to increase--we can only hope that revenues will follow accordingly so we can see higher valuation reflected in PPS. Those who don't see a value here now or haven't heard of BUNM yet should feel more than welcome to buy at .0008, .0050 or .01 depending on when or if they get in this game.
Good LTA
