Destiny Media Tech Inc (DSNY)

[einstock]

Westify,
Here's the reality:

The how to find big stocks guys (and thereafter message board disciples) played a big part in building that expectation, not Steve Vestergaard. At no point did Steve Vestergaard intimate he expected shareprice movement after release.

We started highlighting DSNY over 2 years ago at .35 We recognized the potential for a cross platform playerless media and have tried out line the market potential. Through all of the delays and missed deadlines we continued to paint the Big picture for the company and the technology.

We have ALSO noted the extremely bullish statements made by management on various earning and investor conference calls. If you are a subscriber, you would see how detailed we are in conveying management's numerous direct quotes.

Expectation that release would be a price catalyst was grossly wrong. A lot of hot money moved in to the stock on expectation of release being a catalyst.

Agree to disagree. Yes money moved into the stock on the official launch but it wasnt institutional money. THAT was, and still is, our concern.

Because stock was quite tightly held at that stage we peaked out quite high in the build up to release. Once release failed to be a catalyst, the hot money left and the stock dropped back.

Why has it given back almost 50% from the launch date?
Institutional money was not there (and still isnt) to support the "hot money" selling. Institutional money is SMART MONEY and we want to know why they arent buying now that the product has officially launched.

Rather than acknowledge their mistake, HTFBS and people on this board want ot chastise Steve for the share price not being 5 dollars + by now. In other words, people (including HTFBS) want to blame destiny for their poor predictions rather than accept that they made a wrong call.

WRONG. We would hardly call our detailed analysis a "poor prediction" or a "mistake". Starting in September we started noting the disconnect between what management was saying and what was actually happening. We do think the company needs to bring in new management (or at least a top notch sales guy). The constructive message posts from very long term investors reiterating their lack of trust are proof. Steve is a brilliant guy but there are engineers and there are salesman. Engineers create the product, salesman sell it.

We saw the growing skepticism (by investors, funds and companies) for the company's ability to execute.

HTFBS are worried about their reputation.

HARDLY. We are not compensated by any of the companies we highlight so we can offer an honest opinion and we always will. We ddidnt expect licensing deals the day after the launch, we expected institutional money and more media exposure.

We have received numerous emails and private messages agreeing with our sentiment.
Yes we think the toolkit DSNY has could be very valuable but we dont think the tools are being monetized properly, or at least timely. Silicon Valley is filled with VC money looking for a better mousetrap. The longer it takes to gain traction the more time that VC money is working.

It used to be the big ate the small but in this new Internet age the fast eat the slow. DSNY needs a much quicker adoption before competition eats them. The company is going at it with a bottoms up approach when most would agree that a tops down approach would provide a much quicker solution.