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Re: None

Tuesday, 03/24/2009 2:18:08 PM

Tuesday, March 24, 2009 2:18:08 PM

Post# of 36270
If the co. wanted the PPS to move they could easily make it happen. I've been bemused the last couple days looking at some other pennies where hardly more than a 'fluff in the wind' PR has propelled volume into the 100s of millions.

I actually applaud management for building a flagship in hypster.com that is a legitimate product/service that the online community is using. Their model appears to be aware of the dangers of too much overhead and too rapid of expansion. It leaves open many doors for future revenue opportunities. This co. has laid out a plan and is largely executing it based on current economic conditions.

No, they don't seem overly concerned with the share price but I believe that this shouldn't be their main priority. CEO has stated this in the past as well. I personally have been burned in penny-land with cos. where CEO spends most of their time talking to rank and file shareholders about all kinds of minor details. The focus becomes on everything but co. surviving the long-term.

The market determines the PPS and many times frankly we get it wrong. Extremes take place either extremely undervalued or extremely overvalued. It's very easy to see which end of the scale we're on at this juncture.

The chance of buyout should increase when we hit 1,000,000 but the co. is beholden to what the market is willing to pay for such a property. The price and overall deal must be right. Moreover, the current economic climate has been far-different than in years past and everyone is being more-cautious. A 80 million deal in this economy may be the equivalent of a 160 million dollar deal 2 years ago.

Don't get me wrong: 1,000,000 is a very exciting and significant milestone!!!!! I personally remain very optimistic about this co. and prospects for big things yet to come. Every new user = more $$$ and we continue to draw more users every single minute of every single day. We are not limited by national or international boundaries and we are in business 24/7.

IMO There are numerous things to be excited about here--whether the co. speaks or not.