Destiny Media Tech Inc (DSNY)

[einstock]

Every one has their own opinion, but I can understand why some are getting impatient.

Here's a company that has used the profits from their PlayMPE biz to fund the R/D for a truly revolutionary product. You typically do large scale testing on the stripped down version of a new product BEFORE you ramp up the other features.

Remember it took over 6 mos for the engineers and patent attorneys to complete the patent filings. That was a big part of the delay. During this time they could not show the product to ANYONE. They couldnt release the prototype until patents were filed.

Personally I find it very positive that the company DOESNT do any money raises at this valuation. From what I understand they have had several offers for big financing at much higher levels...the company turned them down.

Some are getting impatient and that's fine. Knowing all of the steps involved with launching this, I think DSNY is within weeks of disrupting the online video industry.

There are many things that are required for this launch other than just the G2 player alone... several websites with commerce platform, manuals, format submission to online ad industry, encoder for ALL types of potential licensees.