Decision Diagnostics Corp (DECN)

[loanranger]

"I doubt they issued the shares."
Seems they think they did.

"During the quarter ended June 30, 2017, we issued 370 shares of preferred series “D” shares for subscriptions receivable of $3,250,000. The subscriptions receivable has subsequently been received in full. The cash related to the subscription receivable was received by the investor from China and is currently held by the Bank of Spain. Release is expected in about 10 days, will immediately be rendered to the company by the investor’s agent."

As usual I could be wrong, but they booked the shares as outstanding at the end of the quarter along with a Receivable for the cash. If they hadn't issued the shares I don't think that it would have been necessary, or even proper, to do either much less both.