Destiny Media Tech Inc (DSNY)

[dsny2014]

Steve's presentation is playing continuously now. It's an audio presentation with the slides that you can switch back and forth.

"Google would be happy to partner with us." We are not competing with their new product, they (and similar players) can make a lot of $$ by partnering with us and we would share in their revenue. It's a win-win for everybody.

RE: MPE. We have finished the translation to 27 languages and are starting rolling out to 77 countries.
MPE's current margin is 22%, it's the worst it would ever be. Incremental margin is 100% (most co's would love to have 22% incremental margin!)

We have a monopoly in Australia and New Zealand now.

Steve has made a point that DSNY's valuation is very attractive now. We are just starting growing revenue and it will keep a robust growth for the next 3-5 years. (My understanding is that the robust growth will continue before it would level off for at least 3 years.)

The intensive marketing campaign to web developers is already bringing results.

He's going to open satellite sales offices to bring more revenue.