Burned Media Ltd (BUNM)

[Pass the Salt]

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Pages 19587

I personally don't agree with overt pessimism here especially in light of exponentially growing user base and page views now hovering just under 20,000 per day. Adding 80,000 + users essentially every 60 days is no small feat and most people would label such growth as exponential.

The current PPS is a mirage created by low demand and MM games. The verdict is out about the underlying value here. I state again the current PPS does not reflect the underlying value.

Yes we do need more guidance and overt concern from management about increasing value for shareholders. It should be one of the responsibilities of the management team. As a public company it ought to be the least they can do for shareholders.

I am of the camp that contends that BUNM is undervalued. Hence I have purchased 10 X more shares here than I would typically do for a given penny stock. I haven't bet the house but I have made a significant investment here and I don't expect instantaneous results. 2009 is on my radar as much as anything between now and then. Our overall economy is in a turbulent patch but BUNM is positioned to continue to gain market share. It is an opportunity to buy a public company in an emerging sector.

Some have focused intensely on number of users but what is more-critical is if company is having success in obtaining streams of income from users that have been acquired. Quality over quantity should be of a paramount issue and sheer user growth doesn't automatically equate to profitability nor will it automatically move a PPS.

I don't want a direct pipeline with management what I want is greater transparency. What is wrong for example if co. admits that buyout entities are calling without naming any names. I believe as 500,000 gets closer that this could be a reality since in past email CEO admitted that 500K could be a magic number for discussions with potential suitors.