Monday, October 16, 2017 10:05:11 AM
<<I don't expect a $400 million of cash infusion from a JNJ settlement.
But I do expect DECN to receive a settlement, or buy-out proposal, of several times its current market cap.
I expect this to happen this year, so I'm holding my position too.>>
I am not sure what a J&J settlement, if any, will look like. It may just come down to a buyout of the company. Or things may be delayed further because of goings on at J&J. I would have thought this all would have happened earlier because of J&J wanting to sell the glucose strip testing division but at this point, I will not be surprised by anything. I think there is still a chance that small investors like us will have a bitter pill to swallow. That is the risk for holding which I am prepared for but wouldn't like to see. It all depends on how everything/everybody decides to work things out. But I do hope you are right about a buyout at several times its current market cap. From my perspective, I think the chances for this scenario is much higher which is why I am still holding. It comes down to J&J as well as how well DECN can get its sales ramped. The better the ramping of sales, the more incentive for J&J to reach some type of settlement. If sales don't ramp, the 5 cent and below scenario becomes a possibility. JMO though. Good luck out there.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM