Destiny Media Tech Inc (DSNY)

[macnqueso]

Agreed... although i generally hate reverse splits... especially in dilution crazy developmental biotechs... this r/s looks to be qualitatively different and will likely be very beneficial to shareholders... with an O/S of about 50 million shares this r/s is clearly not being done to get control of a bloated share structure... it has the markings of a power play to overcome a dominate and persistent... and quite possibly soon... a desperate naked short foe...

finally consider this... at a 5:1 r/s the o/s will drop to only 10 million... give the uplist some time to take effect... the share price to rise... clipstream the opportunity to gain traction... and so on... and in the not all too distant future... i would guess we might be looking at a forward split of... oh, say... five to one... and if so longs would get those shares right back... after a little while... the forward split would likely be necessary to provide adequate liquidity for institutional investors... such that institutional investors will be asking for it... imo...