Destiny Media Tech Inc (DSNY)

[DSNY_Guy]

Well I like where things are headed. I see success as being a buck a share at this point. Quick analysis:

Current cap: $9.9MM
PPS: $.18
NI: $656270

That puts us at about 15x net income. But there is $2.3MM cash on the books. Backing out the cash we currently have an 11.58x net income price. Which is pretty low for a tech company, but I'll keep it here for a conservative analysis.

So the equation I'm working with is (NI * 11.58) + Cash = market cap. Once again pretty conservative for a micro cap tech stock.

With 55 million shares outstanding that means we need net income to hit about $4.25MM to get over a $1/share price at the end of the year, assuming all additional cashflow goes on the books not spent. Seems pretty doable with minimal additional cost considering how well their platform scales.

If we assume a more liberal ratio of 16.5 we only need about $3MM NI to hit a dollar, and at 20, which is pretty standard for tech, we only need about $2.5MM.

Basically, signing another major with similar usage to UMG would put them there, looks like.

If they were smart, they would release Clipstream on a freemium model. You want to host plain jane videos? Great that's free. You want 4k, real time video watermarking, or other premium features? That'll be a bit extra. Work out the kinks in the product, and either turn it into a real business or sell it or release it open source. Hope it doesn't end up in the trash.