Replies to post #9542 on Destiny Media Tech Inc (DSNY)

[dsny2014]

CEO's reply as of Jan 3rd:

"Our competition for Clipstream is:

Flash: doesn't play on mobile or TV's https://my.clipstream.com/flashstrat.php
H.264: only 62% and being phased out for H.265 which is 0%
Web M: 55%

The market is wide open and people are begging for a solution to the cross platform issue. Currently, the industry spends $5 billion converting and hosting and they don't have to spend that with Clipstream.


We have launched a cloud service which uses our base technology and Encoding.com, zencoder, etc. are in a way competitors to this service, but they are also potential customers. They use Flash, H.264, Web M, etc. and we can sell them our technology. These competing services have to convert and use content delivery networks.


We expect great things in 2014 and expect our shareholders will see increased value by the end of the year."

[Dagshah]

Consider the source, that's my response. Another poster asked him to name the competition. So far, crickets. Fact is, these types of rumors have become commonplace regarding DSNY. The same poster was putting forth these speculations in December, only those were in favor of DSNY. For me, I'm tuning out the noise and focusing on straight facts and fundamentals. Too many nefarious motives at play with this stock to credit rumors.

[Dagshah]

He posted link to this company. I checked the product, their demo did not play on my computer (Mac). I emailed Steve to get his reply. Will post response.