Burned Media Ltd. Comments On Recent Activity
24 November 2009 - 5:55AM
Marketwired
Burned Media Ltd. (PINKSHEETS: BUNM), operator of Social Music
platform Hypster.com has been made aware of recent market activity
surrounding trading symbol BUNM.
In regards to the current market activity, Hypster is unable to
account for the volume of shares that have traded during the week
of November 16, 2009. While the company reports continued growth in
its subscriber base (over 1.5 million registered subscribers),
there is no material change in the company's day to day operations.
The Company is not engaged in any transactions with other entities,
nor has the Company engaged in any discussions regarding any
transactions.
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: Burned Media Ltd. Investor Relations 416-855-2061
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