Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2393 vangorilla
DSNY already has a partnership with Dentsu, the world's largest brand agency..big enoughfor you?a great head start for G2 adoption.
Regarding MPE, they have all four majors as partners.
2408 vangorilla March 27 2013
The timeline:
Nov 2011 DSNY announces revolutionary playerless media technology and expects to launch 1Q 2012
After being delayed for several months, the market expected the G2 launch in Aug 12. When it was just a prototype that was released, market sold.
On earnings conf call in Nov 12, CEO said it would be Spring 2013 when commercial product would be available...mkt really sold.
The launch of commercial G2 has been delayed by one year.
Right now the investing community is saying, "we will believe it when you officially launch it".
In addition, I believe there has been an entity that has continued to short (naked) with every anticipated launch keeping the share price from attaining a reasonable mkt cap (based on the entities they could disrupt).
Yes it stinks that we have been waiting for this for so long but knowing how, who and the dollar amount G2 technology disrupts allows me to be patient.
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2411 vangorilla
2416 vangorilla
What happens with most publicly traded company financings, the investor or investment house will sell shares short in the company knowing they will be able to replace them with shares in the financing.
Notice that almost all financings are done at a steep discount to current market prices. If XYZ was trading at 1.00 and Broker A was going to do a $1m financing, you would probably see Broker A sell 100-300k shares at the $1 dollar level knowing they could replace those shorted shares with stock in the offering at (hypothetical) .75.
Look at any stock when they announce they are doing a secondary offering or looking to raise money...stock always drops.
In DSNY's case, a $35m financing was proposed...the stock started to drop as soon as they started to negotiate...it was dropping so hard and fast that the people doing the financing wanted to cut the proposed price by 50%.
DSNY and those individuals couldnt agree on pricing so the transaction never closed. I am guessing Steve realized what they were trying to do to his company.
Well why didnt those guys cover the shares they allegedly shorted?
Based on what I read it looks like those guys were notorious for death spiral financing and they thought the financing would allow them to short to oblivion, DSNY would go out of business and they would never have to cover.
Now you have a company very much alive, profitable and on the verge of becoming very well known in the tech world. If, and it's a big IF, there is a naked short position in DSNY to the numbers that have been discussed, you could see a short squeeze that could last for weeks....yes weeks. The average daily volume for DSNY is 75k shares.
DSNY is in a very strong position because they dont have to do any financing which might give the shorts a way to cover. By buying back stock through the buyback plan, the company is just making it even harder for the shorts to cover...less shares on the market to purchase.
If there is a short squeeze in play, there are ways to really put a hurting on them..which I will discuss if, when that happens.
That concludes Shorting Naked 101..
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2491 streamingeagle88
Bought more today at .68 and .702. Now own 200k. Learned about DSNY at shareholderunite. The products seem remarkable and the company has demonstrated sales and staying power in difficult times. Plus a share buyback. The presumed naked shorts provide more fuel to boot. Once a few contracts are announced and projections made this company should attract a lot of attention. Obviously that is my bet.
sevted 2523
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2530 BlueSkyMining April 5 2013
2557 scottyb
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2564 vangorilla April 8 2013
The big picture.
Record labels are starting to pull their content from 3rd party sites, like YouTube. See this story:
http://torrentfreak.com/youtube-deal-with-universal-blocks-dmca-counter-notices-130405/
They dont get ad revenue from the videos and they have no way of maintaining a relationship with the consumer (iTunes does).
What they need is a way to distribute, play, track and trace music and videos on the Net. Universal is the first player to pay to use DSNY's state of the art digital content "plumbing".
"a guaranteed minimum monthly required usage"..
The largest content producer for YouTube is/are the record labels...guess who will be formatting their videos now?
In other words, DSNY just got their first G2 licensee.
2568 vangorilla
Here are the quotes to focus on:
The term is for twenty four months and includes transmission of music and music videos by UMG labels, Universal affiliates and Universal licensees.
"This new deal provides consistent pricing and terms worldwide, allowing expansion to new countries and recipient types without the need for further negotiation."
I suggest googling "Universal, YouTube and DMCA" to get a better handle on what transformation is taking place with record labels and their content on YouTube.
DSNY has the infrastructure that FINALLY enables a record label to "control" their digital content..on ANY device.
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2585 DoughDiligence Apr 8 2013
Very Interesting Fight between Aereo and the Networks.
http://www.huffingtonpost.com/2013/04/08/hopper-aereo_n_3034356.html
Aereo may be forcing the public networks to convert to fee-pay models or somehow figure out a way to transmit video to dedicated customers over the internet which would block Aereo from retransmitting their content.
Is there a long-term solution for Fox, NBC, and CBS to use Clipstream G2 over the internet?
2587 commoncentsinvestor
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2589 DoughDiligence Apr 8 2013
The Aereo solution is a different issue than a DVR ad issue like Hopper.
Aereo has developed a 'miniture' antenna (less than 1 inch) which they rent out to customers where each customer controls their own antenna / receiver located at Aereo's offices. Aereo's server rooms are filled with racks and racks of independent antenna's that they allow customers to use. As a result, Aereo is doing something similar to Slingbox for any free airwave broadcast. It allows them to convert the signal received into an internet form which is then sent to each customer who controls their antenna and channel.
This way they are acting as an antenna service while they get around the cost that cable companies pay to the networks to re-broadcast the station's content.
If the cable companies decide to use Aereo for those channels, the networks will lose all the money that cable companies pay them for the content. It is a sticky problem.
The cable only networks don't have this problem. So the public networks might try to find ways to make their customers pay for content rather than let Aereo make money off of them without any form of payment.
If Clipstream G2 can be secured to the customer account or customer device, then the networks could by-pass Aereo to deliver content to customer's mobile devices for a monthly revenue stream.
The article talks about Hopper too, but the issues are very different.
2634 vangorilla April 10 2013
You are obviously new at nanocap investing, let me explain.
99% of these tiny companies have some kind of toxic financing on the books. With DSNY, they aren't in the 1%, they are more like the .1% in that they have no toxic financing, they are buying back shares (retiring them) AND funding new products with their cash flow...AND are still very profitable.
I am sure DSNY could have done some financing deals in the last couple years but instead chose to buy back their own shares. They are saying we think our shares are undervalued here.
What you must also realize is that when DSNY does buy back stock it gets retired...YOUR STAKE in the company becomes more valuable because there are fewer shares outstanding.
Oh yeah I almost forgot. The fewer shares that are available to be purchased makes it even harder for a short to cover.
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2678 ztockings April 11
Thought I'd share with you my email to Steve about music streaming:
Me: With streaming radios/music on the rise, is Destiny Media involved in this shift besides with pre release songs with the major labels? Is there revenue for Destiny on streaing music...ie Pandora, Spotify and this upcoming Apple/Google streaming rumors I'm hearing about?
STEVE: Where we will really add value is with adding security and with live audio streaming. On demand audio streaming built into the browsers is pretty good, but it isn't secure. THEN OF COURSE OUR VIDEO.
I do not really know much about live audio streaming or on demand audio streaming so I couldn't reply back. So its in the watermarking and the videos, I get. Any thoughts?
2697 sevted
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2699 commoncentsinvestor April 15 2013
Earnings out:
"Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) is pleased to announce results for the quarter and six-month period ending February 28, 2013. Net income before taxes rose by more than $500,000 over the comparative six month period, by more than $300,000 for the quarter and the company was profitable during its slowest seasonal quarter of the year."
2720 commoncentsinvestor
Posts: 12,025
Threads: 1,809
Joined: Apr 2008
Reputation:
227
2727 iamlong April 16 2013
HTML5 Video at Netflix
"Today, we’re excited to talk about proposed extensions to HTML5 video that enable playback of premium video content on the web.
We currently use Microsoft Silverlight to deliver streaming video to web browsers on the PC and Mac. It provides a high-quality streaming experience and lets us easily experiment with improvements to our adaptive streaming algorithms. But since Microsoft announced the end of life of Silverlight 5 in 2021, we need to find a replacement some time within the next 8 years. We'd like to share some progress we've made towards our goal of moving to HTML5 video."
http://techblog.netflix.com/2013/04/html5-video-at-netflix.html
2735 vangorilla
Brooklyn makes some valid points..he/she may not present them well though.
I listened to the conf call yest and came away with a feeling of "next quarterish". G2 is 95% complete and the only estimation of 100% is by end of fiscal year (Aug 31).
The PlayMPE apps were promised late last year and now they are due by yr end. It is taking them over 4 years to complete the MPE upgrade..doesnt anyone else think this is taking way too long?
This company has an amazing technology tool kit but can only manage approx $1m/ qtr in revenue with it. The watermark/track/trace technology could be a biz in itself. DSNY secures billions of dollars of valuable digital content and this is all they generate doing so?
It is my opinion that a big player should just buy this company (and all of their IP/pdts/work in progress) so all of these products/projects we have been waiting patiently for can be implemented. I am still long and can see the enormous potential but I am questioning if this is the team that can execute in a timely manner.
|
