I agree that 1,000,000 should precipitate more dynamic events; whether that be increased speculation about buyout or some moderate to extreme PPS movement.
We do need to draw new investors here who will be motivated by their fear/greed to open up a position. I do think we will see greater buying demand as we approach the 1,000,000 milestone. I do think that the lack of PPS movement is greatly influenced by the overall economy. There are simply not as much discretionary investment/speculative dollars out there.
Interestingly--we may not have any substantial influx of new holders until the PPS busts a move. There are a number of potential investors on the sidelines who may be (unjustifiably biased) by the current PPS. They are totally willing to buy a co. that runs to .0050 or at .01 perceiving 'value' but aren't willing to buy at these .0001-.0003 levels thinking that PPS means there is something inherently wrong here.
The only thing fundamentally wrong here IMO is that the co. and many shareholders are not inspiring confidence by encouraging direct purchase of shares. How can the PPS every move here without demand or excitement?
Telling people to join hypster is one thing--but encouraging people to put their money where there mouth is quite a different matter.
IME we will not see full financials because it may not be in company's interest to show its deck of cards to potential suitors--at least not publicly. I agree that CEO's focus appears to be methodically building the brand and looking for buyout opportunities. Whether he cares about the average shareholder or not is immaterial.
100,000,000-1,000,000,000 of strong buying volume is going to have far more effect on PPS than anything Michael can do. Sure he could hint about 'offers on table' but it would be uncharacteristic.
I continue to be intrigued with BUNM because investors behavior here has been strange and management's approach is different than I've seen.
In my experience, the penny CEOs who PR and talk to shareholders constantly have ended up telling a great story that resulted in a huge run, followed by a collapse and reverse split.
Trust but verify--but I am actually encouraged by Michael's approach to not overtly affect PPS. He could very easily do so but has not opted to go this route which I actually appreciate as a shareholder.
I also believe there are other important metrics in this economy beyond advertising revenue that need to be weighed. In fact, this economy is currently replete with business models that are disintegrating because they are structured around advertising as the main cog of earning their bread.
IME hypster.com has a strong potential to offer a multiple stream of income opportunity to a suitor with vision and deep pockets to realize the above. In the meantime, the story and brand continue to grow. Not getting a buyout in near-term could actually work to our advantage because it will force management to be more-creative and more-focused on mid to long-term.
If you can't sell hypster.com in current market environment--you may just be forced to keep improving it. When the economy improves or even if it doesn't--value can keep growing.
