Las Vegas, NV -- (SBWIRE) -- 12/03/2013 -- Destiny Media Technologies Inc (OTCMKTS:DSNY) proclaimed that it made a new Clipstream on November 29, 2013. Clipstream is a cloud service that facilitates the users to share and access videos simply through drag and drop function.
Destiny Media stated that Clipstream offers free encoder software that adapts the video to format of proprietary Clipstream video. Thus the video can be played in variety of browsers. The company is using transactional based revenue model for the new service. The company offers the software for free but there is a fee for using service beyond a set limit.
The company is currently making little income. The third quarter ended August 31, 2013 offered net income of $26,000.
Destiny Media Technologies, Inc. operates in Canada and London and offers services pertaining to digital media content distribution and its security over web. Its services are dependent on technologies of security, watermarking and playerless streaming media. Its product line is composed of Clipstream Legacy, Play MPE and Clipstream Generation 2.
To find out what OTCMAGIC projects for Destiny Media Technologies Inc for both short term and long term please click here: DSNY
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in penny stocks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)