Burned Media Ltd (BUNM)

[Pass the Salt]

Based on current growth trends, we can expect 1,000,000 + hypster.com users no later than April 2009. I believe that the potential for a buyout should only increase between now and then. If buyout does not occur IMO it will be more a reflection on the weakness of current economic climate rather than a negative verdict on the value of hypster.com These are not ordinary financial times and therein lies both dangers and opportunities for the co and its shareholders.

Corporate players both large and small are having to be more-cautious in the current economic climate. Moreover, the credit crisis has dampened the flurry of buyouts we have seen over the last 5 years. We can't ignore the reality of economy especially as it is affecting profit streams and capabilities of industry giants like Google.


'A stock is not just a ticker symbol or electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.'

Ben Graham: The Intelligent Investor