Burned Media Ltd (BUNM)

[Pass the Salt]

Hey Mac,


Thanks for the feedback. I wish you success with all of your respective investments. BUNM will have its day--I think overall the economy is dampening some enthusiasm for many of these pennies. BUNM still remains a compelling stock to me for a variety of reasons.

We have continued to see consolidation. The accumulation has been occurring--just not at dramatic levels to this point. Supply of shares simply is running ahead of demand and market needs to get a great deal hungrier. What will make this hunger burn? is really one of the big questions at present.

RSI is currently running in low-gear and it would be nice to see buying action strength to budge things to a higher level. If nothing else volatility might encourage flipper types but MMs must see that the demand is here overall.

I continue to look at BUNM as a long-term play and have been adding to my position as well. The masses have not yet seen the value here but neither did a majority envision the popularity of MySpace or Facebook from their inception.