Destiny Media Tech Inc (DSNY)

[Phil2010]

Still holding my core position of 100k plus,but during the downturn I added upto 200k because I thought they moved more forward, but after the latest phone conference it is obvious that still they don't have customiced products were they could market Cliostream.

So I also reduced down to my core position.

I still believe the technology is disruptive and has the potential to.....but if they do not get the products into the markets then it won't happen to be a success story at the end


iI decided to wait until I can see progress on the execution side till I start buying again, at the moment it is dead money with no clear perspective "in a timeline manner" no guidance for when the core engine will finished for market, no guidance when the ad revenue with the marketing companies like Dentsu could start.....and so on and so on.

That also is the simple reason while there is no support for pps, shareholders dont trust anymore ans are tired because of the delays.

at this point I would take a buyout at 300 mio immediately.