HENDERSON, NV -- 11/23/09 --
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