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No, I don't believe that
You are right...
I should have wrote "at a time" instead "on a day"
my point is still the same.
Kenny,
maybe you can ask Vestergaard how much Yoshi
is pulling in for running the California office beside
the $48,000 he gets as a director, one would think,
maybe another $120,000.00 a year
good to know the little fellow won't be cash poor for too long
or maybe that is being cash poor to him,
he is just helping out Destiny in his retirement.
So Kenny
when Vestergaard was telling you at Yoshi needed to dump 200000 shares on a day when the
stock was finally getting some momentum and coming out of the lower eighties and was going for a dollar ten, because, although he is a rich man and planning on retiring, he is cash poor.
Did you look at Steve and said, you are speaking to a New Yorker and a lawyer to boot,
you must come up with something better than that.
Maybe he do have a gambling problem or a girlfriend there have to be paid off.
wonder how long his $200,000.00 + $42,000.00 will last the poor fellow
before he is selling more shares, maybe this time he will fill out a form
for everybody to see.
Incentive for what?
How much incentive do you need just to say yes when
Vestergaard ask them to.
I certainly hope there is a foreseeable revenue in the making.
right now.
Tomorrow you can listen to what Vestergaard have to say.
The PlayMPE stats are looking good, is it enough and the reason
for that little extra on the pay paid cheques for the big Wigs
could very well be.
indeed. nothing new ever comes out of those conferences,.
I wonder what it is Destiny hopes to get out of participating
and what it cost them.
Guru Vestergaard presiding
Maybe it was more like a silent meditation
instead a speech
Santa Monika has a new age, liberal vibe going on
you are right,
it was last night.
It might be tonight Wednesday June 4th
not Wednesday June 3th
LD Micro Invitational on Wednesday, June 3, 2014 in Santa Monica, California. The presentation will take place at 8:30pm EDT (5:30pm PDT) as a featured company prior to the main event on June 4-5. "We are honored to have Destiny Media give the first presentation at the conference. They have been to every Invitational since inception, and we are proud to host them again," stated Chris Lahiji, President of LD Micro. For more information, please contact 408-457-1042 or visit www.ldmicro.com.
East Coast IDEAS Conference on Thursday June 5, 2014 at the Metro Meeting Center in Boston, Massachusetts. Destiny’s presentation is scheduled to begin at 2:40pm EDT. The presentation will be webcast live and may be accessed at the conference website, www.IDEASConferences.com, or in the investor relations section of the company's website: http://www.dsny.com. Qualified investors are invited to attend the conference and may contact Steven Hooser at shooser@threepa.com or 214-872-2710 to register.
It might be tonight Wednesday June 4th
not Wednesday June 3th
LD Micro Invitational on Wednesday, June 3, 2014 in Santa Monica, California. The presentation will take place at 8:30pm EDT (5:30pm PDT) as a featured company prior to the main event on June 4-5. "We are honored to have Destiny Media give the first presentation at the conference. They have been to every Invitational since inception, and we are proud to host them again," stated Chris Lahiji, President of LD Micro. For more information, please contact 408-457-1042 or visit www.ldmicro.com.
East Coast IDEAS Conference on Thursday June 5, 2014 at the Metro Meeting Center in Boston, Massachusetts. Destiny’s presentation is scheduled to begin at 2:40pm EDT. The presentation will be webcast live and may be accessed at the conference website, www.IDEASConferences.com, or in the investor relations section of the company's website: http://www.dsny.com. Qualified investors are invited to attend the conference and may contact Steven Hooser at shooser@threepa.com or 214-872-2710 to register.
if that was the case he should have resign from the board.
However its all speculation at this time, what appears to be might not be,
we will know in due time what is going on and probably find out at Destiny have
handle everything with the highest integrity as we have become accustomed to.
your guess is as good as mine.
Vestergaards track record when it comes to money, has been excellent
up to now.
Still wondering about the bonuses to the Directors and letting the Japanese
fellow getting away with selling his shares without vacating his position on the board.
From where I come from, you cash in when the company has something to show for it,
not before, so far we have seen nothing.
In that sense Destiny may have become a company like any other company.
I can't help but think because of Vestergaard, at there most be new revenue coming in
and probably a good one, time will tell.
Thats right, nothing new
Just like seeing at Clipstream is still expected to begin contributing materially
to new revenue this year.
Clipstream is expected to begin contributing materially
to new revenue this year.
Revenue growth is expected to resume at a robust pace over the next 3-5 years.
http://dsny.com/v7/pdfs/DSNY%20Presentation%20June%202014%20ECIC.pdf
you are right it might not be as bad as it looks
However it does look bad
he is a part of the sales team and running the Californian office
one could come to the conclusion at the selling of clipstream is not
going that great.
If he is out of cash at this time in his life, then how good is he really
as a director and adviser to Destiny.
so that is probably not the reason why he is selling.
Anyway, still think this thing is going to do well one day
but we are in all likelihood looking more towards 2015.
There is a few good signs that gives one some hope, Vestergaard is buying,
not selling, Destiny spending more money than ever before, one could ask where is he getting
all the money from?
maybe a financing is on the way?
I'm wondering about the $200,000 there are being spent on bonuses + stock options to the directors
I would have liked to seen that done in the connection with some kind of news of income in the form of sales contracts or financing.
maybe this upcoming week we will get some answers, to this very different way Destiny and its directors has chosen to operate, it could be all good for what I know.
It may,...time will tell.... it certainly is a very generous compensation.
Something is up, Vestergaard has been spending money like a drunken sailer lately,
that, or he has had a sunstroke, which is unlikely living in Vancouver, BC.
Looking forward to see what he has to say this next Wednesday evening
in Santa Monica.
Would like to see some news before that.
In case anyone is interested........
A legitimate short is when the shares are borrowed, then lent out to someone else, who sells them. The TSX reports the shorts on their exchange and the OTCQX reports the short on their exchange.
There is also something that is similar to shorting, but which isn't reported. It's called a "failure to deliver". You can pull the annual report or FOCUS report for your own brokerage to see the size of their failures to deliver as they are required to disclose the aggregate size.
http://www.finra.org/Industry/Compliance/RegulatoryFilings/FOCUS/
The selling brokerage doesn't deliver the shares to the buying brokerage. The buying brokerage has the right to buy them in, but they usually don't, because they have the buyer's cash and don't have to deliver it and can collect interest on it. The buyer is none the wiser because the IOU (a "security entitlement") can be sold later. The buyer doesn't have the right to vote and doesn't have the right to dividends, but they will never realize that as they will be able to go through the voting process and if the dividend is cash, the buying brokerage will give them a "PIL" (payment in lieu of a dividend). It can get dicey if the dividend is a share in a private company as that can't be matched. This process is known as naked shorting and is not reported, so the size of the naked short position can't be determined.
Another thing that can happen is that your brokerage or the clearing brokerage that your brokerage uses might sell the shares you own to generate interest on the cash. They are allowed to do that because technically, the shares belong to them, not you. You have a trust relationship with your brokerage where you are the beneficial owner of the shares and they are the actual owner of the shares. Again, the "security entitlements" in your account are similar to shares and are sometimes referred to as "phantom shares" as they increase the float and push the price down because of the extra supply. When your account is segregated because it is a cash account or retirement account, they can segregate phantom shares, even though they aren't issued by the company and be in compliance with the law. These sales will show up as long sales and won't show up in short reports. For example, if you deposit a large certificate and the stock is illiquid, the brokerage will often assume you plan to sell, so they will sell those shares first before you get a chance to. When you later sell at the lower price, they just print the trade and give you the lesser amount of cash, even though the shares had already been sold by them and the trade didn't actually happen. The difference is profit for them.
Thats correct....
I know it is.......
Their should and will be widespread press releases at
the same time I'm sure.
On the morning of June 3, at the Santa Monica conference would be a good time
to put out news.
if nothing else the CEO. is one stubborn dude,
for keep going to these events, not sure what good
it does.
If Vestergaard has nothing new to say, other than
the same story he has been telling for the last 2 years
to the same people who goes to those same events
it will do more harm than good I would think.
Phillip might be on to something, 2 weeks he say and
some big event is going to happen, he is not thinking
it, then I guess he knows it.
One thing for sure Vestergaard keep buying stocks, close to
2oo,ooo in less than 6 weeks can be nothing but promising.
So maybe Vestergaard has something new to tell, what do you
think Brooklyn, you have participated in events like this
in the past, is that the right forum for bringing out major news?
I'm suppressed that haven't happened years ago.
I guess all 3 majors have to agree to invest,
if just one the other 2 probably wouldn't use PlayMPE
Shazam Entertainment
http://www.billboard.com/biz/articles/news/digital-and-mobile/6084967/universal-music-sony-music-and-warner-music-all-take
Universal Music Group, Sony Music Entertainment and Warner Music Group
have all bought stakes in privately held Shazam Entertainment in recent
weeks, according to several people familiar with the talks.
Related Articles
Shazam Narrows Losses As Revenues Climb To $50 Million
Shazam Confirms $20M in New Funding, Raising Value to $500M
Warner Music's Shazam Deal: What It Means For Music
The majors bought equal stakes valued at around $3 million each from
Acacia Capital, a UK-based fund early investor in the Shazam which was
said to be seeking liquidity according to one person familiar with the
transaction.
News of the transaction was first reported by the Wall Street Journal.
Shazam’s most recent round of funding valued the business at $500
million. Depending on the terms, each major’s stake would be less than 1
percent. Given the 14-year old company is expected to be exploring the
possibility of an IPO, the majors might stand to make a significant
profit on their stakes. Leveraging the value of music and music-based
relationships was highlighted last week with news that Universal Music’s
early 14% stake in Beats Electronics for next to no cash investment
could produce a windfall of nearly $500 million in total after Apple
made a $3.2 billion bid to buy Beats. This latest Shazam deal is
slightly unusual in that the stakes are being bought for cash from a
third party, rather than based on a valuation of the respective labels'
licensing rights to the start-up.
Warner Music, which is owned by billionaire Len Blavatnik, struck an
alliance with Shazam in February, which would see the third major
identify popular new artists early on and potentially sign them to a
jointly owned label.
Shazam’s song ID system has been one of the music business’ biggest
discovery tools, referring nearly $300 million worth of music sales last
year according to sources.
Shazam, which was founded in 2000 as a mobile app that can identify
songs quickly developed into a data and research company that has
expanded its technical capabilities to also recognize television shows
and movies. Its app is used to identify about 500 million pieces of
content a month, or roughly 16 million a day. The British technology
company has a reference database of more than 35 million songs and is
adding about 1 million new tracks a month. In addition, Shazam has
employed a team of several dozen people who scour music venues
throughout the world to capture new and local music in an effort to make
its database as comprehensive as possible.
If Yoshi has fill out the form, it would be good news for us.
Fred's 90 days expired without him selling, see if he files another form,
I hope he does, it shouldn't be long before we see some signed contracts then.
I wonder what they would be selling the shares at, somewhere between $3.00 and $5.00
I would think.
I would sell some at $5.00
You are not the first who have said that.
Brooklyn, I don't think you are missing anything,
I don't believe for a second anything the Seeking alpha author is saying,
(talking about a certifiably delusional sociopath)
If Yoshi is selling, if would be good news for us, the stock would be about to go true
the roof.
Seeking alpha have done a number on Destiny before, the shorts are starting to get real
scared and they will do and say anything to keep Destiny's stock down.
My post was a bit too much? Maybe.....
I enjoy reading your post, disagree with some,
mostly when you start hating on the big guy.
However, if you find that to be constructive and
contributing to the discourse, its fine with me for what
its worth, I will of course keep commenting on them.
You suggesting Vestergaard could be a certifiably delusional sociopath
Me suggesting you might have some father issues.
Maybe we are both wrong, maybe one of us is right
I certainly hope I'm more right than you are.
I'm sure you do to.
--
Thats right,
A poster like Brooklyn, can be a bit of a handful,
it is clear to me and others at he is working out something that
happen to him in the past, maybe he has some father issues he got going on,
and is using Vestergaard as a father figure.
Its all very well he is using this board for that, However its been a year
and a half where he has done nothing but hating on Vestergaard,
I ask, isn't that enough? can't he deal with it once and for all
and settled that little problem conclusively, and move on.
Maybe thats all Destiny required for it to get rid of the shorts,
on some strange energy level.
who knows, he should give it a try.
I I literally have no idea why you post this below....
quote: " I see MPE revenues steadily declining for the past two years and I see no announcements of any Clipstream deals."
PlayMPE signed up Sony Australia and if you follow the MPE stats you will know
the sends have been going up by around 50,000 every 7 days compare to what use to
be a good week when MPE was making the most money.
So no need to worry about PlayMPE they are going noting but up.
looks to me Vestergaard is a great investor.....
didn't realise he have bought that many shares
http://www.insider-monitor.com/trader/cik1113127.html
He have never been wrong on a big Destiny purchase.
- when he last bought $200,000 worth of stock it was between $.30 and $.40 in 2011 and it went up to a high of $2.90 (almost ten times the $.30 purchase). In 2005, he bought $275,000 worth at $.19 before it ran to a dollar (five times the purchase).
So knowing that, he is not wrong.
Not trying to support the share price
and not a delusional sociopath
Brooklyn, we all now know for sure.
Again, let us try to do some homework before we post.
.
That is just a fact.
Destiny will not go insolvent because they are cash flow positive from playMPE.
and if you look at the MPE stats they are up around `50,000 more sends every 7 days
just in the last few months.
Vestergaard has proven big time at he will not let this company get insolvent.
lets us get real now.
at this price Destiny is a rock solid investment with playMPE alone.
the stock is being shorten (again a fact) the dip in the share price is not Destiny's fault, or the
investors fault its just the way it is and Destiny will find a way to to deal with the shorts
at the appropriate time.
Thats a Destiny question....
Call or email them.
lets us know what they say.
Now, that is a cool responds
Brooklyn with all do respect....
Don't just pick out a word or a sentence from what Vestergaard was saying.
Vestergaard was also at the same time talking about feedback from early customers were that key
features were missing and so on.
G2 is Ready for primetime as Vestergaard was saying, but again it has to be all
polished, nice and shiny and packets just right, if you will
Too much is at play here, this is big, big time, you must understand that.
Good for you, I applaud you..
If its not making you money or making you happy you move on.
The shorts are in control, without any doubt, will the stock ever see the light
of the day, I think the success of G2 will determine that, therefore it is so important at G2
is being managed right, and not being influenced by some very unhappy with life
shareholders.
I might buy you shares today if they sell around ,95 and I appreciate it if that happen.
By now, you guys should understand, news will come out
when Destiny is good and ready and not before.
For some of you guys begging for news everyday,
is like a heroin addict begging for a fix and are getting a little
tiresome.
You keep asking for an independent review of G2,
this is how it works
The initial feedback from early customers were that key features Destiny was missing. For example, before you click play, there is a picture Destiny were picking from the video, but the web developers wanted to be able to pick their own.
Many of those missing key features were added in yesterday's update.
g2 have to be polished and 100 % ready before reaching out for reviews.
Of course the reviews are coming - There will be base case studies, testimonials and reviews
I'm sure, It seems like a snail's pace, but Destiny need to get this all right as the opportunity is so big.
if it take to long for some of you guys, sell, get out and move on
You got that right....
on the good side , this board would be pretty quiet without the shorts
and not so much fun.
Happy May Day Y'all
You just have to wait a little while longer.
Something to look forward to, looking great.