Destiny Media Tech Inc (DSNY)

[dsny2014]

Yes, Z. Here are some additional points.

Per Steve:
"Stories like this are quite bullish for us. The market is fragmenting as Google pushes VP9 and the other consortium pushes H.265, neither of which are supported by any current browsers.

"HTML 5 video is a container, not a format. To reach everyone, you need to transcode and host 3-6 formats.

They are recognizing that the current HTML 5 container format doesn't support interactivity or security. It's a huge problem.

Luckily for us and our investors, we have the solution. We have the right solution at the exact right time and there is no known competition that can go cross platform from a single format. Our patents effectively block anyone else from using Javascript, the secret sauce that allows our magic to happen.

If a new HTML standard came out, it would take a year for browsers to support it and another 3-5 years for most people to adopt the new browsers (12% of the market uses IE browsers from four years ago, for example). We have a huge window of opportunity measured in several years at least."