Destiny Media Tech Inc (DSNY)

[whatsupdoc]

I think that the upshot is this:

If there really is a large naked short position, then the RS, always at the discretion of the Board of Directors, will be done.

The reverse split is not a done deal even if approved by shareholders, which is not a slam dunk either. The vote is only to authorize the directors to have the authority to do a reverse split.

If there isn't such a large naked short position then I think the Board of Directors will choose to wait for more opportune time. Such as when they know that certain business metrics are about to be fulfilled.

The trouble for short sellers right now is that they just don't know what is coming down the pike, or when. That puts us Longs in limbo too.

Personally I'd rather it weren't done now and we get to a NASDAQ listing by dint of trading for ninety days consecutively above $2.00 a share.