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Monday, July 12, 2010 1:41:01 AM
A PR accompanied with clear guidance and a plan/commitment to regularly update shareholders could get us to .0010 level in the short-term. Mid and long-term attainments are definitely possible if co. decides to shed more light on plans and take bold initiatives.
Despite pundits, BUNM's hypster.com has achieved strong results. Exponential user growth has occurred over a period years. A critical mass of users is in-place and needs to be mined for dollars.
Many Social-Media players have been unable or frankly haven't attempted to move from 'free-site status' to obtaining dollars.
To me, it's implausible that out of 2,052,000 users that 0 would not be willing to pay some dollars for 'upgraded accounts/services.' Hence, the admonition to undertake bold and new initiatives.
102,600 (5% of user base) X 12.00 = 1,231,200 per year
With the above revenues--you inject more-aggressive paid marketing, sponsorships, celebrity endorsements etc. and at minimum 4-6 PR updates to shareholders per year.
IME Either current management will decide to exploit and profit from user base or eventually some other entity will covet the opportunity through means of buyout.
Moreover, there may be another pink sheet and/or OTCBB player who may desire BUNM as part of acquisition or merger. The above would be in addition to other well-known names having interest.
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