- The company has a market cap of just $8M with $2M in cash and generating almost $1M in free cash flow.
- Finally a new web based player is commercially ready which greatly improves usability. We expect the company to be able to re-accelerate growth with the help of this.
- The company announced up to a $2M share buyback program to help deal with some overhang from a large seller and should quell any investor fear about client relationships.
Source: SHU Portfolio: Large Opportunity In Destiny Media – Destiny Media Technologies, Inc. (OTCMKTS:DSNY) | Seeking Alpha