Sometimes stocks can trade odd. A dormant shell stock can soar with no news, while another stock trades nice volume and then when the news finally arrives the volume is not to be found.
This is a fickle market. BUNM news out today pasted below for your viewing pleasure:
Platform Upgrades Result in Continued Growth of Hypster.com Property
HENDERSON, NV, Jun 26, 2009 (MARKETWIRE via COMTEX) -- Burned Media Ltd. (PINKSHEETS: BUNM), operator of Social Media platform Hypster.com, saw continued growth in user adoption of social music discovery site in April and May 2009.
The Hypster property grew from over 1.58 Million visits and 15.6 Million pageviews in April '09 to over 1.93 Million visits and 19.9 Million pageviews in May '09. This was largely a result of infrastructure and software upgrades implemented over the previous two months. The property also recorded 81,054 new registered users in May versus 65,609 registrations in April.
The software development team is currently in the process of a re-design project that includes new social recommendation, personalization features and simplification of user registration. It is expected that a beta launch of the re-design will occur in late August.
About Burned Media Ltd.
Burned Media Ltd. is focused upon the sales of digital products and services via various online social media properties.
Forward-Looking Statement
The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
Contact:
Investor Relations
416-855-2061
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