Usually reasonableness is a better way to approach things than either of those choices.

"total paranoia is total awareness."

Outstanding description.

New Press Release

Destiny Media Releases Play MPE® App for Android Now Available on Google Play

VANCOUVER , June 3, 2013 /CNW/ - Destiny Media Technologies (DSY.V) (DSNY) is pleased to announce the release of an all new Play MPE® app designed specifically for Android powered devices (http://tinyurl.com/plaympe-android). Music industry professionals who receive content through the Play MPE® system already access broadcast quality pre-release media through any web browser, Windows or Macintosh applications, or through Play MPE®'s iOS app. The highly anticipated Android app for Play MPE® will enhance the mobile experience for the thousands of Play MPE® users that have Android devices.
The Play MPE® Android app features intuitive access to all new releases, a streaming playlist, release flags, themes, and a library for offline playback. The account-wide flag and playlist features integrate seamlessly with web and desktop access, allowing users to take an action on one device that appears wherever they log in.
The Android app for Play MPE® is the second mobile app launched this year, following the Play MPE® iPhone app announced in April. Apps designed specifically for Blackberry, iPad and Android tablets are expected over the next three months.
Media Technologies, Inc.
Universal, EMI, Warner, Sony and hundreds of other labels use Destiny's secure distribution service to deliver their pre-release music to radio and other trusted recipients. The company is launching a new cross platform playerless streaming format that doesn't require streaming servers and which reaches up to one hundred times as many viewers as other solutions with the same bandwidth and infrastructure by reusing streams. Publishers can reach internet TV's, smart phones, tablets, e-book readers and computers from a standard web server without the cost of transcoding.
SOURCE: Destiny Media Technologies, Inc.

Contact:
Contact:
Dave Mossberg
Three Part Advisors
817-310-0051

Thanks sons.

I have never quite understood why some people on message boards object to talking about other stocks. As far as I know, there is no restriction on the amount of cyber-space on each stock board. So it's not like you're taking space away from the discussion of the stock itself. In fact, the most interesting boards are those that can have an intelligent discussion of the stock itself, other stock ideas, and the market in general.

Some of the most profitable stocks I have ever owned came from ideas from other posters. I heard about DSNY from Einstock on the GENE board. Glad I did.

I do agree that any time another stock is brought up, there should be an OT in the message title. That way anyone who isn't interested can just skip reading that message.

OT - MITK update

On April 29th I wrote:

"For those interested in another potentially big gainer you might take a look at Mitek Systems (MITK). That is provided you haven't lost confidence in Vangorilla's stock picking abilities. I haven't. This is another one with disruptive technology potential for the Banking industry. I believe he was in MITK early on at around $1. He hasn't spoken about it recently so has probably moved on. It has been a real up & downer over the last year or so but I think it is on the cusp of a substantial move up. Just broke through $5. IF their new Mobile Photo Bill Pay technology becomes as popular as their Mobile Photo Deposit, and they have positive results for a patent infringement lawsuit, this could be a $25 or more stock easily."

Now, 30 days later the stock is almost 20% higher and I believe it is going to make a huge run. I started buying around $2.70 and am still buying. Bought some more today at $5.51.

This is a message I wrote today on the Yahoo MITK board:

"Lots of questions about why the big upward surge.

I don't think this is about a "signature patent" or about something "mysterious" that we don't know about. I think if you had read my messages over the past several days they have included the reasons why MITK was very undervalued and why this surge was going to happen.

1. It is now widely recognised that Mobile Photo Deposit is a hugely successful technology which is being demanded by bank & credit union customers.

2. It is being rapidly adopted by more & more banking institutions with almost 900 signed. Current revenues are only based upon about 1/3 of those institutions going live. Even with Mitek's #$%$ fee schedule, it is not difficult to see how they could triple revenues over the next 12 months or so and due to the nature of the product, much of the increased revenue will drop to the bottom line.

3. Early indicators for Mobile Photo Bill look very favorable for a success similiar to that of Mobile Photo Deposit. If that is true, Mitek would no longer be looked at as a one trick pony. They also have signed a second large auto insurance company for their Photo technology for that industry. So now you're looking at a company with 3 potential profit centers, $15M in cash and 0 debt. What's not to like?

4. There is a 25% short interest in MITK shares. While during negative or unsure periods that can be a real factor in depressing the share price, during encouaging times the exact opposite is true.

I think right now we are looking at pretty much of a perfect storm for a substantial upward move in MITK shares. These opportunities don't present themselves that often. Smart shorts will cover, and smart investors will add to or initiate positions. The really intelligent shorts might even decide to go long."

I am pretty sure it was Nov. 2011.

Listened to the Presentaation.

If something was said during the presentation to cause the share price to go up 13%, I must have missed it.

Anyone else hear something I didn't?

"Because you've been pumping this DED horse for a while now."

Thanks to Van I bought a bunch of DSNY at .42 a share. If that's a "dead horse" I would like a whole stable full of them.

Complete waste of time to try to analyse or worry about DSNY going down .08 today on 23,000 shares traded. It could go back up to .90 in a flash.

Much more important is that the last 10 times that the stock has traded over 100,000 shares in a day, 9 of those days the share price has either maintained or gone up. On only one of those days has the share price gone down.

New Vestergaard Interview

http://www.investmentpitch.com/video/0_yr6eafut/Destiny-Media-Technologies-TSXV-DSY-Ted-Ohashi-Interview

In fairness to brooklyn, the repurchase program was for a year, but they put a limit of $1 as the most they would pay per share.

Of course, they could decide to extend it to a higher price if they so choose. Hopefully, one day they will be buying back shares at $5. LOL.

"How can you possibly back up the last sentence in your statement?"

By watching level II action on DSNY it was easy to tell when Destiny was making bids for shares. They were using UBSS and usually the bids were for 100,000 shares or more. Bids like that are generally not made when someone is actually interested in purchasing shares, but to encourage smaller buyers to put higher bids in thus supporting the price.

So from day one of the repurchase announcement, it was evident that the main purpose was just to support the price rather than to accumulate shares. Since the price went over.70 there has rarely been an obvious bid from Destiny for any shares.

You really need to get over the problem you have with self esteem. When someone challenges what you say you needn't always take it as an attack on you personally. It is not. In fact it is your responses to people who question what you say that are more of a personal attacking nature. When you post something that I believe is wrong and unfounded I will challenge it. You have a perfect right to disagree with what I present, but try to deal with that rather than say I am demeaning & insulting and that I think I know everything.

"Not gonna happen - they have to finish the re-purchase at $1 or under before any big announcement will be made."

Another one of your statements that has no basis in fact or logic. It is actually contrary to the facts of what has happened regarding repurchases so far.

It is obvious that they announced the repurchase primarily to stem the price drop from $1 to .60. They have shown very little interest in actually buying shares, especially with a cost of over .65.

As of the last earnings report Destiny had repurchased 157,000 at an average of .64.

The repurchase announcement accomplished its purpose. They certainly are not going to hold up on making big deals or big announcements in order to buy shares they don't seem to want to buy.

"So what is pushing this back up, one wonders?"

My guess (and like everyone elses it is just a guess)is that the several recent positive events about MPE has made it evident that the downside risk in DSNY has become much less.

Everyone knows that the real life-changing money to be made in Destiny depends on the success of ClipStream. It is much easier to invest in the riskiness of that success if the downside in the shares based just on MPE has gone from maybe .60 up to more like .80.

For those interested in another potentially big gainer you might take a look at Mitek Systems (MITK). That is provided you haven't lost confidence in Vangorilla's stock picking abilities. I haven't. This is another one with disruptive technology potential for the Banking industry. I believe he was in MITK early on at around $1. He hasn't spoken about it recently so has probably moved on. It has been a real up & downer over the last year or so but I think it is on the cusp of a substantial move up. Just broke through $5. IF their new Mobile Photo Bill Pay technology becomes as popular as their Mobile Photo Deposit, and they have positive results for a patent infringement lawsuit, this could be a $25 or more stock easily.

So nice to see anydaynow posting

on this big up day for DSNY and explaining how it could mean something very positive. Shows he is not just a negative complainer looking only to bash the company.

What's that you say? He didn't post anything today?

My bad.

Nevermind.

I believe Steve answered all my questions, and maybe even most of brooklyn's questions.

A must read:

http://seekingalpha.com/article/1345271-destiny-media-technologies-ceo-discusses-f2q-2013-results-earnings-call-transcript?source=yahoo

"please, again, explain how declining revenues is a good thing, why you view this as a positive."

brooklyn - It's been very many years since my kids were little. But like most parents I can still remember when they went through the questioning stage. They would ask a question, I would answer it, and then they would say: "But Daddy, Why?" Then I would answer that and they would say: "But Daddy, Why?" This of course could go on infinitum except I would finally use the age old parent answer: "Because I said so."

I am almost to the point of responding to you that way. Over the last several months you have constantly asked questions, then when a poster responds to your question you almost always refuse to accept their answer as a real answer.

Well, in this case, the real answer is.....it really doesn't matter if Destiny's 2Q revenues were $100,000 more than last years 2Q revenues or $100,000 less.

They have spent the last couple of years updating their MPE software with the hope that the updated version (which supposedly includes over 20 different languages) would enable them to greatly expand MPE usage. Will that happen? The new Universal agreement seems to be pointing in that direction. Time will tell.

But even if the new MPE software is extremely successful, DSNY is still a little company worth maybe .75 to $1.25. Everyone here knows the BIG MONEY in this stock depends on G2 becoming successful. Is that going to happen? The answer to that is beyond my pay grade. Looks pretty good to me. Good enough to be in the stock to see if the big wave hits, but we all know that nothing in the stock market worth holding is a for sure thing. The facts, good & bad are out there. You know what they are. No need to ask anyone else other than maybe Steve. Maybe the conference call this morning will answer some more of your questions.

Upon further review, it appears the shares they repurchased were at an average price of .6368.

Share buyback

Back in December when they announced the buyback it looked to me like they did repurchase maybe around 200,000 shares in the .58 to .61 price range.

According to the 10Q they did buyback 156,650 shares. No price given.

<another bad Q>

So Q2 2012 had a net loss of $286,250 and Q2 2013 had a net income of $13,198. I guess that's only a bad quarter in anydaynow land.

I was happy to see them maintain their steady revenues. Going forward the MPE revenues should increase substantially with their new Global Agreement with Universal. G2 will be icing on the cake.

"While year-to-date revenue showed a small decline, US revenue grew in the quarter showing a slight gain over the prior year. Total expenditures shrunk by 24%, primarily as a result of a reduction in litigation costs compared to the prior year."

Earnings out:

"Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) is pleased to announce results for the quarter and six-month period ending February 28, 2013. Net income before taxes rose by more than $500,000 over the comparative six month period, by more than $300,000 for the quarter and the company was profitable during its slowest seasonal quarter of the year."

Sorry, no tablet. Used my desk top.

Hope when you have a problem with one of the videos that you click on the link & notify them of the nature of the problem. I have always done that. Maybe that's why I am no longer having those issues.

"I don't get why everyone's so jazzed about .83"

Why I'm jazzed:

1. .83 (actually it was .82) is a lot better than .60.

2. UBSS 125,000 share blockage taken out.

3. Agreement with Universal. Sounds like this could lead to a nice expansion of MPE business to other countries. Similiar agreements with Sony & Warner might follow.

4. Played all 5 original demo videos last night and they all played perfectly with no problems. I think that's the first time that's happened for me. I believe ClipStream G2 is now marketable.

"Just because UBS puts up a blocking offer at .79 means to me that they are trying to accumulate shares lower. "

Not quite sure I agree with you in this case eagle.

Usually if a MM is trying to accumulate shares they might put up a big blocking order on the ask but it will be accompanied by a slightly lower buy offer. UBSS has not been on the buy lately in any substantial way. Also, if their intention was what you say, it is again usual for them to pull the order once some of it is hit. Here, the whole order for 125,000 remained and has now been completely eaten up. So in reality the seller has been a big seller, not a buyer.

Anyway, really nice to see that big blocker gone. Now if some buyers come in the shares could make a nice little gain. Don't see much in the way of big asks all the way to .89 although they could be hidden.

"I was just told that the biggest supporter her is a paid pumper."

Congratulations anydaynow. Your messages have gone from ill-informed & misleading to just INANE.

I guess that's an improvement.

"Sorry I'm late with this....."

You should not be apologizing for the lateness of your message but rather for the inadequacy and ineptness of it.

The truth is that, like the rest of us, you have not seen nor read the new agreement. You don't know any of the real specifics other than what was revealed in the press release, and the comments you made are in opposition to even those.

It is a NEW agreement not just a renewal. It covers new territories, new currency, new terms, and "guaranteed minimum monthly required usage". Of course it's not exclusive. If it was Destiny wouldn't be able to service Warner, Sony & the " hundreds of other labels (who)use Destiny's secure distribution service to deliver their pre-release music". In this case exclusivity would be a bad thing for Destiny.

The record industry may be in decline, but it is more in a changing mode. There is still plenty of money to be made in this industry and Destiny is well positioned to take advantages of the changes and new needs.

You really should get over your bitterness towards Destiny. Resentment can be a very destructive emotion.

"The share price has been depressed since the re-purchase began, despite the good news. "

Ah brooklyn, there you go again. You decided in your mind from day one (December 10th) that the repurchase was a BAD thing. So now you are rewriting history to fit your concept of it. The problem is that the facts show quite the contrary. On the day of the announcement DSNY hit a low of .60 having made a steady drop from over $1.00. The repurchase put a screeching stop to the drop and right now the share price is up about 30% from then.

"You think pre-release marketing would have not helped, would have been pure hype? Your showing your own obtuseness there."

Another ridiculous statement. You began pounding on this idea of a big advertising campaign for G2, including opening up regional offices, way back in December. That would have been a complete disaster and waste of money. It wasn't even until they released the demo videos that they discovered they had many issues with G2 that needed to be fixed before it was anywhere near ready to market. Any inquiries that would have come from your "big campaign" would have had to be told that we're having technical problems and we'll have to get back to you. That's no way to introduce a game changing new technology.

"Thanks for the advice. I assume you are a fabulously successful investor who idles away your large blocks of spare time on this message board."

Actually I quit working at a quite young age and for the last 20 years have been able to support myself in a fairly luxurious style doing nothing but working the stock market. So, yes, I have a bit of experience and a modicum of success at this.

Sometimes you say things that just make no sense at all.

Even more frustrating is that when people correct you with solid information it doesn't seem to penetrate the wall you put up to protect your ill conceived notions and you just continue on saying the same wrong things. I'm sure you have heard the expression: "Like water off a ducks back".

I think you still believe that Destiny's repurchasing shares holds down the share price. That's crazy. But you have said that a number of times even though the most novice investors realize that share buybacks at worst support the price or in most cases cause increases in the price.

And now you think that the last 2 days have not been positive for DSNY shares just because the price went down a bit today. You seem to totally disregard the fact that someone made a huge attempt to surpress the price and even with that going on, over the last 2 days I imagine the sales on the ask probably were 3 or 4 to 1 over the sales on the bid. That's what tells you if there is real buying interest going on, not some artificial low ball surpression attempt.

I know you like to be "Mr. Skeptical". And there is nothing wrong with questioning the validity of what a company is doing and the actions they are taking. But try occasionally to think before you make preposterous claims and when you are corrected try to be at least a bit open-minded about the fact that you could be wrong.

74,000 Down

52,000 to go to finally get rid of the blocker who has been stopping the upward movement of this stock for many weeks.

Will be interesting to see what happens if they are taken out. might be fairly clear sailing to .94.

Someone with a bit of cash could make a quick 20% profit.

Hanky Panky????

Since that block from UBSS of 126,582 appeared on the ask for .79, there has been 6300 shares purchased at .79. Yet, the number of shares on the ask hasn't moved down.

On the other hand, whenever shares are sold on the bid, the bid disappears. Wish I could do stuff like this. More difficult to make money in the market these days with things like this going on.

They're back.

That UBSS offer of about 130,000 shares that always pops up when DSNY is about to make a run up has just reappeared at .79 after the shares opened at .85.

I guess that dead guy is reaching up from the grave to do his thing. It would be a great time for Steve to use some of the repurchase money and send the guy back to the cemetary so this thing can run to $1 or more.

Just played the Jump & ClipStream videos in small & full screen. Played perfectly in both modes from beginning to end. Good clarity too.

If ALL videos play as well on ALL systems as on my old computer, we have a winner.

NICE!!!

http://www.investmentpitch.com/video/0_knbhnvvt/Destiny-Media-OTCQX-DSNY-Announces-Global-Services-Contract-with-Universal-Music-Group

I seriously doubt if ANYDAYNOW has any position long or short in DSNY. He sounds very much like a disgruntled ex employee who can't get over his bitterness towards Steve and Destiny.

Wouldn't be surprised to see his next message claiming how terrible this new agreement is, how stupid management is, and how it will cost the company money. Of course as usual this would all be based on emotion rather than fact.

Are you really that dumb to believe that I was equating Google & Destiny.

Quite the opposite. What I was saying was that even a humongously successful company like Google must take their time when introducing new technology.

Therefore anyone who carps about tiny Destiny having to do the same doesn't really understand the difficulties in initiating potentially game changing technology.

I found this line in that article particularly interesting:

"The new rendering engine will start showing up in experimental versions of Chrome this week, then replace WebKit when the testing is done, probably in a few months."

So even a huge company like Google puts out a test version and doesn't expect a finished product for a few months.

I imagine a certain poster on this board will be badgering Google constantly, wondering if the finished product will be out ANYDAYNOW.

I'm not positive, but I think that the 13G has to be filed each year in which the party owns 5% or more of a companies stock as of Dec.31 of the previous year.

The 2011 date on that form may have to do with when the original purchase was made.

If you look more closely at the SEC filing, it was dated January 17, 2013.

After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certifies that the information
set forth in this statement is true, complete and correct.


DATED: January 17, 2013

Proximity Fund, LP


/s/ Geoffrey M. Crosby
________________________
By: Geoffrey M. Crosby
its: managing member of Proximity
Capital LLC, its general partner

Just tried the Jump video again.

Played perfectly from beginning to end in both small & full screen.

I totally agree with you that it would be foolish to broadly try to market G2 until the bugs are completly gone. I am as impatient as anyone else for this to go gangbusters but I have done a great deal of biotech investing & am used to long delays before products actually hit the market. The nice thing here is there is no FDA approval.

p.s. I imagine Destiny is having a harder time getting the videos to work for me than for the majority of users as my computer is about 10 years old, has limited RAM and an XP system. I am using Google Chrome to play these. So if it works good for me I would think it would work great for those with more up to date equipment.