Replies to post #24891 on Burned Media Ltd (BUNM)

[spidyman]

This is my worry as well. He is not willing to share more than the number of users with his investors. How will we see numbers?

Some have said on this board that this is easy money for him through the ad revenues. Why would he look at a buyout when he has consistent cash flow coming?

All I am looking for is some transparency, which has not been seen in some time. Matt used to talk to him all the time, and now Mike won't even talk to him. What changed in Mike?

[ken_rn69]

Filing/reporting can be expensive. So can auditing and providing the financial records for reporting. A few weeks ago, TLM submitted some paperwork releasing him from some of these obligations and subsequently, these costs. But then, right now, this is a company that's probably making tens of thousands of dollars per year. After Hypster is charging for it's music player, BUNM will be making millions per month.

I think you'll see a difference in the way things are run at that point. I also believe that a company making millions per month will have a much different pps than one making what it's making now.



JMHO