Burned Media Ltd (BUNM)

[ken_rn69]

I think you can find demographic stats on that website that I posted in the I-box.

If TLM is smart and wants to keep his losses to a minimum, he'll be accepting many forms of payment including PayPal, debit cards and others. Almost every bank account you open in this country offers a debit card with a Visa/MC logo. Most people who spend time online have at least one.

Sure, initially you're going to lose some who just can't pay because despite the year being 2009, there are still people who live like it's 1749 and don't have bank accounts nor internet access. I have a neighbor across the street like that. Of course, he's not listening to music on Hypster either. In my view, people will pay just to keep from disrupting something that they're accustomed to and enjoy. Another reason they'll pay is because they won't have anywhere else to turn for free streaming music unless they want to have their doors kicked in by all these new Federal agents who are starting to watchdog and arrest people for copyright infringements. Remember the housewife who has to pay millions for downloading free music? You're going to see more and more of this.

If you're listening to it, you're downloading it to your computer. You're going to see more and more of these cases. The writing's on the wall. They just hammered out an agreement for paying the artists. The free sites are going to be gone soon. I'd say that there are more 17 year olds with debit cards than there are 35 year olds who are going online to find some free site in another country that pirates music.

All pinkies are gambles. This one just seems to have more going for it when you consider it's position along with the changes that are occurring in the industry. I've been holding for a long time and I don't spend a lot of time thinking of the many ways that TLM can screw us.

Unless he's got a deliberate and well planned agenda to "screw the shareholders at all costs", there should be more than enough money to go around and as the company starts making millions in monthly revenues, we should start seeing new investors piling on as the site grows and new users come aboard.

JMHO