SOURCE: Burned Media Ltd.

November 23, 2009 13:55 ET

Burned Media Ltd. Comments On Recent Activity

HENDERSON, NV--(Marketwire - November 23, 2009) - Burned Media Ltd. (PINKSHEETS: BUNM), operator of Social Music platform 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 Information

  • Contact:
    Burned Media Ltd.
    Investor Relations