If I were not familiar with this board--reading the posts over the last few days I would conclude that BUNM is like 99.9% of pennies and is nothing more than a trading symbol selling cardboard boxes out of a garage.
How can we get people to buy shares here when many 'holders' are drumming about the glass seemingly always being empty? Is anything right with this stock--and if so why aren't we spending energies telling potential investors the merits rather than the perceived flaws?
Yes this PPS is at the bottom still--and no wonder. Pessimism is never going to move this PPS. Realism, optimism and speculation and yes greed/fear will move this.
We need shareholders with faith, vision and yes patience. Whether the CEO responds to each and every email is both immaterial and also not realistic. Do we want him building the brand or do we want him to manipulate the stock price or concern himself with daily market conditions? If he loses focus and co. becomes insolvent short of buyout we all lose.
All I personally want the CEO to do is keep building hypster.com as the flagship here for the purpose of getting us the highest and best BUYOUT offer possible. In order to obtain the latter it is important that some cards are simply not shown at this point. Hypster.com may be generating far more or less $$$$$$$ than we suppose but this is speaking to the present rather than the future of the property. We want a buyout suitor to pay as much speculation premium as possible.
The reality is that the CEO has been able to get us a Web audience numbering over 1,000,000 and this opens up doors to further expansion and enhancements. CEO appears to be moving forward judiciously in a minefield of current economic conditions. Some comments here seem to lack an understanding about how the overall economy now factors in with respect to PPS, buyout offers etc.
Hypster.com is intended as quality over quantity experience for those who enjoy listening to and sharing music. The basic underpinnings of a community/network has been attained and many streams of income are possible now that were not available 2-4 years ago. Positive cash-flow is imperative for new ventures so it's important that intelligent rather than reckless growth occurs. Many promising ventures in their veritable business youth fail because of lack of resources/and or too rapid expansion with the associated overhead problems. What hypster must continue to do is remain solvent.
For the record I have never spoken with management or had any direct communication with them. All the above are my opinions based on analysis, experience and 'my gut.'
I am far less suspicious of this management team because largely they have produced actual results, don't issue bi-weekly 'fluff PRs' and it has been my actual experience with CEOs who constantly 'sell their stock/story for a living that they end up lying all the way to the time of R/S.
AI
