Hardman Looks Into Destiny Media
September 14, 2011 at 3:33 AM (PT)
HARDMAN & CO will be initiating research coverage on DESTINY MEDIA TECHNOLOGIES. DESTINY MEDIA is quoted on the TORONTO VENTURE EXCHANGE, and has additional share quotes on the FRANKFURT and STUTTGART exchanges in GERMANY and on the U.S. OTC.
With a market capitalization of $20 million dollars, DESTINY MEDIA is a world market leader in the electronic distribution of new music to radio stations worldwide. International markets are now following the lead of the USA in distributing new music tracks to radio stations electronically rather than by post or courier-delivered CD.
"We hope to have produced a comprehensive research document on DESTINY MEDIA TECHNOLOGIES by the end of SEPTEMBER," a HARDMAN & CO spokesman said. "This will include revenue, earnings and forward cash flow estimates. The estimates will remain live for at least 12 months and should give the financial community confidence that this company will be kept under constant scrutiny by a third party."