Burned Media Ltd (BUNM)

[ken_rn69]

Why would it be? They've got over a million users and more signing up each day. Whatever technicality they may be using to avoid paying royalties is apparently working for them. There have been several artists who removed their music from the site but the majority of the music is still there.

Those million users are sources of revenue and when music sites start charging for their music players, Hypster will be right along with them collecting revenues. Artists are already lobbying congress to "tax" radio stations. They want to be paid whenever someone hears their music. The old way of doing business in music is being phased out. It's going to take a little while but there's going to be cash flowing into this thing. The only question I have is whether Tight Lipped Mike is going to share the wealth or if he's going to do something sinister and try to get it all for himself.

Right now he's got something that works. Maybe he's not promoting nor taking great measures to put it out there in a really big way, but he's still gaining 2400+ new users daily in addition to the 1.1M that he already has. I can see the value in this even if the pps isn't exploding right now. I'm not selling anything. I'll just wait and see what happens as we gain millions of new users. End of story.