Destiny Media Tech Inc (DSNY)

[ral4]

Notable quotes from the last cc, highlighting DSNY's own internal expectations:

As I made clear earlier in the year, this soft launch period was planned and expected. It's why Microsoft puts out new versions of Windows after launch or why Google does limited invite-only Lab versions of new software. You need to release the product into the world to get this early feedback. There's so many different computer types, source video types, and you don't know what is going to confuse a new user unless you let them try it.

So it's only been just over five weeks since we press released our launch and only three weeks since the last version, and that includes the Christmas holiday period. I talked to a lot of investors, and I find many have unrealistic expectations, thinking we'd get our first multimillion dollar deal within days of making the product publicly available. That's not realistic, and no one here inside the Company expected that.

On the other hand, I find some of these same investors underestimate just how big this opportunity is or how much of it we might achieve. We see this as a $1 billion revenue opportunity at current size, and video usage is growing around 100 percent per year rate now. It's a great space to be invested in, and we have the only cross-platform solution in one of the hottest sectors.