Let's kick off the search for a new growth stock here. Our choice can hardly be a surprise, it's Destiny Media, and we already house a Destiny Media forum where you can find a host of information. Here just a quick rationale to get the ball rolling; why investing in Desteny Media is a good idea
- It has a market cap below $70M(59.15M shares outstanding)
- It has no debt
- It is profitable and cash flow positive
- Most investments in Play MPE and Clipstream G2 have been completed
- Play MPE is ready to expand geographically and to new user categories
- Clipstream G2 is now ready to be commercialized
- Play MPE is a near monopoly and Clipstream G2 is protected by 7 patents
- There are other interesting products waiting in the wings
The risks:
- Clipstream G2 will not attract commercial traction
- Clipstream G2 will be superseded by better technology
Thes risks seems relatively manageable to us, there is no unifying media format that ends all transcoding needs and can be played in all browsers on all devices. Also, you can wait for the first sale to happen to minimize the risk of Clipstream not being commercialized, but they're in talks with parties and have one ongoing commercial trial already.
We were lucky to attent you on Thursday morning just before the last run-up started (see attachment below), it ran up from 95cents to $1.14 on very high volume, which makes us more comfortable.

