Replies to post #10127 on Destiny Media Tech Inc (DSNY)

[dsny2014]

Z, you're missing the opportunity to reload.
Do you remember what the founder of V3 has discovered recently? It takes 6 months to 2 years to close a deal with a big co's.

Destiny's CEO said 3-6 months. So Destiny is expecting a much shorted lead time. We can guess it's because the big clients are very happy with the product.

They've been working with some big customers since last year, so we should hear the big news any time now.

We've already concluded: THIS IS WHY THE NASDAQ UPLISTING IS BEEING HELD UP.

Destiny is expecting the pps to be much higher, so we may not need to do the split.

[miker444]

DD and testing takes time. I work in a private, small regional company of 30 people. We rely on a free software for a certain service that we provide and were all very excited when we found out a newer version is available but it took us 2 years to start using the newer version across the board (which is still free).

We first used it with one project despite having 3 on the go and the new version is superior in every way. It takes time to train, test and gain feedback from those who use the software internally. If there are potential customers that have been interested for a while but couldn't take the finished product and test it, then there is still the evaluation period.

I don't know anything about how the music industry works but business is business. The big labels have to make sure they got their bases covered and their bottom line is not affected before they sign a deal that changes how they do business.

[brooklyn13]

Z - step back for a moment and look at the evidence, circumstantial though it is. Two things pop out right away:

1 - the IR company is taking shares in the 1.70 level to begin vesting within one year and then for 2 more - this is very big unless they're just bad business people

2 - the Reverse Split card has not been played even though Steve has been very public about making NASDAQ a priority for a couple of years

Both of these point to insider belief that higher share price is imminent.

His earlier exuberance has not been disproven, it's perhaps taking longer than we expected - his real fault might have been not to delineate more clearly the time frame within which he was operating.