Destiny Media Tech Inc (DSNY)

[Justfactsmam]

Mad...you are not reading it correctly...that is a "continued listing" i.e. once uplisted or listed you must maintain a $1 bid

DSNY has a number of hurtles to qualify, most of which have been met. It is my understanding that only $3 is required (with all the other requirements) to uplist now...that is the reason for 1 for 5 RS...to reach and maintain $3 for 5 days. Thereafter, it has to maintain a $1 bid price.

What may also be keeping price down here is the issue of Warrant expirations coming next week. Warrants must be exercised next week or they will expire worthless. I believe they were issued at .60 and must be purchased by next week (dont know the specific day). Once purchased there could be more selling into the market..since 100% gain on those Warrants.

I am sure much depends on who are the owners of those warrants and the likelihood of a sale into the market...that would not be positive...but also unlikely if they are insiders/employees. We just dont know.