Replies to post #24893 on Burned Media Ltd (BUNM)

[ken_rn69]

There are always many possibilities and what you're saying is one of the strong ones but with what's coming on the horizon could mean almost limitless cash for TLM every month and I don't think he's going to just give it away for (pardon the pun) a song. Lolol!

Let's say he accepted a buyout offer of $30M for BUNM. With 1.2M users at $2 per month for the service, that's 2.4M monthly or $28,800,000 per year.

And that's at only $2 per month. Napster charges $5 and they're making a lot more money with a lot fewer users at present.

Keep in mind that the average user doesn't have the tech savvy to go searching all over the internet looking for foreign sites where they will be able to continue finding pirated music. The average user is also on the lazy side and wouldn't want to go through the trouble of disrupting their current system and playlists just to avoid paying a few dollars a month. Napster has already proven that.

Ask yourself- After you see that the vast majority of services are charging for their music players and Hypster begins charging $2-$5 along with the rest of them, would you switch over? Would you go searching all over the internet for different sites which may not offer the same features,music, and ease of use to which you are accustomed? If you did switch, how would you know that after going through all the trouble of discovering a new site, registering, constructing a new playlist and everything else- that YOUR NEW COMPANY wouldn't start charging the very next week?

I'd say that the average person would come to that conclusion while jotting down their list of songs for their new playlist. After they had copied down song #42 or #56 on their list they'd realize that the potential was there and would just say "forget it", whip out the debit card, curse TLM for being greedy and go back to listening to their music.

[maverick one]

Pass I agree a buyout will more than likely could be the only way for shareholders to see any profit from their long term holding of this stock. But, if they don't cut a deal with another company just for the user base then the only way to make real money or attempt at it would be to start charging. Unless, he wants to build UB so large he makes money off of ads only and will never convert it over to paying subscribers potentially. If he opts for conversion to paying in my opinion he'll drop 60-70% of user base or more people are used to what they have. I don't think he'll try to charge with a low end of a million UB...if he does it could be later when he has more much more in UB to absorb the drop in UB %. But, there is no guarantee for anything here. He could try to sell Hypster without the shell and shareholders he never said he would attach the 2 together.

What would you charge per song or flat rate per month tiered song play list?

How and where did Michael acquire all those songs did he pay for them? How hard would it be too build your own website attach some ads,videos and music and start marketing in other parts of the world and right here in NA. I agree with Morhawk he didn't need to buy a shell for him to do this.