Destiny Media Tech Inc (DSNY)

[commoncentsinvestor]

From The Vesta Trader Blog

Poised to Triple column:

READERS SHARE THEIR PICKS TO TRIPLE

The following is a great example of the sort of leads we are looking for. Describing a rising trend or compelling investor presentation is a great way to get the research ball rolling. We’ll be looking into this one to see if it’s Poised To Triple material. Thanks for the lead, Jack!

I think you should take a good look at Destiny Media (DSNY), a small media software company (market cap $115M) with a disruptive technology to be launched in October. It has no debt and is already profitable from its MPE software.

However, its breakthrough product, called Clipstream G2, will enable video in any format to be played on any platform. It will eliminate the need for transcoding and storing video content on servers.

At the Midwest Investor Conference, the CEO said they will launch Clipstream in mid-October and direct the first product at web software developers, 150,000 worldwide. At $100 charge per month, it’s a $180M market for DSNY (they all will want it — it’s cheap, convenient to use, secure, and produces high quality images).

Operating margins will be about 30% at first and then 60% when they get their own servers. DSNY has 52M shares. He mentioned several other products to be gradually released, but the elephant will be the Site Licenses. He plans to charge small companies in the 10s of thousands and large ones in the millions of dollars for Site Licenses (per year).

He mentioned $5 million per year for companies like Netflix, CNN, Google, YouTube. He said the operating margins would be “really high” (in an interview previously he said over 90% for site license).

The presentation can be found here: www.wsw.com/webcast/threepa11/

From: Mark Gomes, CEO