Decision Diagnostics Corp (DECN)

[ksviking12]

I have to admit that I don't follow this very closely anymore so i missed the blatant fluff in that acquisition PR.


Decision Diagnostics Corp. Receives Surprise Acquisition Offer from Valued Venture Funded Company

In April 2017 the company's Principal Executive Officer, Keith Berman, received and reviewed a prior offer proposal, first expressed verbally, and then in email form, from the proposed acquisition partner. Mr. Berman found the earlier offer to be incomplete on its face, and open ended. Mr. Berman, at the behest of another Board member, asked the proposed acquisition partner to conform the offer in a manner more consistent to standard M&A proposals and documentation.

Again, why the need to outline the email form of submission? Any respectable company would simply state that they have received an offer with undisclosed terms.

Secondly, What is the big SURPRISE here as stated in the headline? If we are to believe that there was a verbal offer, followed by an email offer, how can there be any surprises about the reformed offer that Mr. Berman requested at his "behest"?