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Wednesday, February 03, 2010 1:19:06 AM
I expect interest in BUNM to ramp-up as we approach 2,000,000 user mark this spring. The fact that management is not broadcasting every material event via PR to me shows confidence and begs investors to 'read between the lines' about where this co. is heading. I would expect some kind of material guidance upon attainment of 2,000,000 and as far as PPS goes; a strong test against the stubborn .0005 resistance.
Like you've alluded to--I see this also as a way to raise profile to a potential partner or acquirer. It could also serve to increase loyalty among existing users especially with the improvements you have mentioned.
Some of recent posts purporting to valuate hypster.com to abysmal low-ball numbers were laughable. Millions if not tens of millions off in their 'opinions.' We are acquiring market share of a very-young demographic. Share volume is sparse and yet the co. is solvent.
Solvency here is not coming through selling of shares. Our audience is growing exponentially and yet the skeptics continue to disparage such growth in favor of a desire for fluff PRs and a dedicated phone line to the CEO. The co. is giving plenty of guidance to the educated eyes here.
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