Replies to post #24440 on Burned Media Ltd (BUNM)

[ken_rn69]

Yeah, you've got a point. It does seem pretty stupid to be down here for all this time but keep in mind that it definately won't be forever.

Like I said in my post yesterday. The people in this industry are going to charge for this service. It's already beginning.
Check out the link to "Free Napster" in my previous post then tell me if it's "free".

Napster is probably the oldest and most established of these groups so they obviously felt that they were big enough in the industry to begin charging for their basic service. They don't seem to have folded in all this time.

"In the first quarter of fiscal 2009, Napster is forecasting revenue to range from $30 million to $31 million. “We are also targeting relatively flat operating expenses, losses, earnings per share and cash flow," says Napster interim chief financial officer Suzanne M. Colvin.

Napster credits its stronger financial performance to more balanced and effective new business development. Napster, which expects its worldwide subscriber base to reach approximately 760,000 this fiscal year, says the foundation for future growth will come from mobile commerce and expansion overseas."

$31M with only 760,000 subscribers. The only reason that they have so few subscribers at this point is because there are so many free services for them to compete with. This is going to change before long.

TLM is probably waiting for 1 or 2 things to happen before he starts charging.

1-Hypster's userbase continues to swell to the point where although he may lose a significant portion of users to still-existing free services, he can still make tremendous profits with the users who don't want to switch.

2-The rest of the players in the industry start charging fees and he follows suit. In this way, he'll probably keep the vast majority of his users and continue to gain new ones.

Anyone who doesn't think that ALL music services aren't going to follow suit eventually are living in a dream world. This was probably the intention of the entire industry from the start.

We're IN. We've got a significant piece of the market already and gaining more every day. I'm not pumping this stock. I'm just reading the writing on the wall. I don't like the current pps any more than anyone else on this board but I know that it won't be here forever. Things are changing in our favor. We just need the patience and the vision to see where things are going and what impact the industry changes will be having on our pps in the not too distant future.

In the meantime I take my 2-3 minutes a day to send my 3 million e-mails out and tell the world how much I love Hypster, then I forget about it. If I want to see the real value of this stock, I don't look at the pps. I look at the number of users and how it's growing each day.

I remember that a significant portion of those users will soon be PAYING for the service that they're now receiving for free. It's just a matter of time...


JMHO

[matt24d]

You can thank the CEO for the SP. He has done nothing to promote the value of this company. He has empty promises of ramping up his PR and over two years later and still nothing. When he does put a PR out its the same PR over and over with the numbers changed. This stock really had its opp to shine and the CEO did not strike while the iron was hot. Instead he sat back and did nothing. Users keep piling on but without some real promotion nobody is going to invest here. Its pretty sad that the last two years we have spent 98% of the time in this .0001-.0002 range. I am not saying the stock cant have a major run even with the large OS. But if you go back and look at all the stocks with huge OS that have run the company had put out major PR campaigns to do it. You cant tell me that the CEO could not put some revenue numbers out to show the shareholders how much the company is making on Ad's and what not. Then you have a music download site that could of been big and yet we have not heard one peep about that in years. Hypster and the music site could of been integrated for one hell of a package deal that users might of paid for. I would of had users pay for their hypster account and get access to the music download store for free or something like that. Either way MD has done nothing and the long time shareholders like my self and others are starting to see him for what he is. I think someone nailed it on the head last week. He gets a little cash off the adds and probably lives off that. If I am wrong he will need to PROVE it. I have been holding for about 4 years now and am very frustrated. In 4 years I have seen the biggest POS's run and we have a real business and cant even get a spark of interest.