Destiny Media Tech Inc (DSNY)

[Justfactsmam]

No question...Steve over-promised and under-delivered...when he promised it would "launch" by the end of November...(not intentionally but at some point he knew it wasn't happening). We all expected and were led to believe it was to be a "marketable" launch...he gave a "beta" launch. It was announced at the 11th hour in hope that it could slide as a "technical" launch and be defended as "fulfilling" the representation (after a long wait).

It did not cut it. When SH realized it was really a beta launch, it hurt him and the company. He lost a lot of credibility with key and long term supporters...not my opinion...a fact. The SP is reflective of it. This short had little to do with it...he just had to wait for the reaction. The company did the work for him this time.

I would hope he has learned from the experience...and can get it together and build credibility back with SH.

He still has a lot to do in terms of building a Sales and Marketing team. Word of mouth may appear to be an "inexpensive" way of getting a product out there...but you usually "get what you pay for".

Think about it...what high end and very experienced Director of Sales and Marketing for the tech companies (he alluded to), would jump onto the DSNY team without first having a contractual commitment for the right sized budget, personnel support and marketing team, necessary to make him/her and the launch a success. The only kind I know would be the inexperienced and desparate ones.

When that financial "support" and commitment comes then we will see progress within the expected time frame. Meanwhile...without it ...IMHO will see more drifting...at best.

ps. A RS and Short Squeeze does not get Clipstream into the market...but many here probably wouldn't care at that point...they would be gone. As I have said before...I will add shares at $3

pps. And I am more pissed off on behalf of those investors who I was responsible for suggesting to look at DSNY and who bought up to $2.60...I got in 2 years ago...

ppps...and for those angry at Van for his suggestion of a shake-up...IMHO...you just dont like to hear the facts...That is what you get when an analyst isn't paid by the company...the truth.