Destiny Media Tech Inc (DSNY)

[brooklyn13]

I think that Destiny might be toast, for a couple of reasons. I just had my business internet (Spectrum) upgraded, so it's now something like 110/17, which is pretty good, but I see no change in the Clipstream videos, the problem is Clipstream. Even though, in theory, it should improve as machines get better, it's entirely possible that a new generation of devices will present a new generation of problems. I'm guessing they are going to cut bait or sell it cheap.

As to MPG, the profits are miniscule, as is, Taylor Swift, for example, brings in a multiple of money compared to it. Although we can't be sure, the company might be running at a deficit because MPE revenue just can't pay the bills. Although there are all these inroads, new contracts, etc., it's also entirely likely that the cost per delivery is decreasing, so we're running in place.

I look for the MPG business to be sold, most likely to UMG, and the principals to go on to the next thing. I think that was thing with Steve, he couldn't go along with selling his baby, while the others have a clearer view of reality. Hopefully, shareholders won't get screwed in the process, it seems the directors are looking to get about .40 per share, but that seems a stretch.