Burned Media Ltd (BUNM)

[Pass the Salt]

IMO the future of BUNM PPS-wise is going to look like EESO. While that stock has lower share structure @ 225 million it has run nicely into the pennies. Interestingly the CEO said something to the effect that he would be overjoyed with a 30 million valuation. For all we know BUNM could be worth that to a buyout entity today--yet our PPS levels are .0001-.0002 It really doesn't equate and that's the point for those who don't understand the value here.

After reviewing BUNM's 2008 plan and 2007 review it's clear that our management team is shooting for a much-higher type of valuation. The pundits say the BUNM's share structure is evidence of reckless dilution. I say it's a vote of confidence from management that they're going to go for the highest valuation possible. It's a heads-up that share structure is going to be commensurate where the company intends to go. Options are being kept open and shareholders need to understand why share structure could be expanded to higher levels.

They are shooting high rather than settling for just anything. Building up for a glorious future requires you to build on rock-solid foundation. Some people get frustrated because they want to see the mansion NOW but give no scrutiny to the underpinnings. If BUNM can achieve anything close to its stated goals between now and 2009--competitors would be foolish not to attempt a buyout.

Every new user here represents a potential revenue stream. It represents an opportunity to develop a brand loyalty. In actuality to competitors it represents a potential loss of market share. As BUNM gets bigger particularly in respect to flagship hypster.com one never knows how aggressive management will be in taking this to 'the next level.' They have nothing to lose and everything to gain. This is after all a rare penny VALUE play.

It is evident that BUNM is seeking to be a diversified online music company. It is also evident based on recent news aka 'My Space Music' that the big players in this relatively new industry are scrambling to build on the model and keep or even acquire market share. I believe like others here that these parties will ultimately do whatever it takes $$$$$$$$$$$$ to insure their market share as leaders in the online music industry.