Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
BOD has a fiduciary responsibility to shareholders. IMO, he has failed DECN as a CEO, Chief Excuse Officer, and shareholders. A $25M settlement will be a sellout of shareholders for years of JnJ behavior and now by MF Berman.
You are right .. .he deserves it ....he deserves to burn in Hell!
BUYER BEWARE!
Market seems to agree ....shareprice says it all for such a "industry leader" ....what a joke!
Guess the market thinks otherwise, the only true measure of DECN available to the public......poor, poor MF Berman, the Wizard of Con is sooooo misunderstood.....Victimology at its best! The ONLY teal victims are long DECN shareholders!
All BS!
BUYER BEWARE!
I'm out at .10 BUT not counting on it!
The game is over .....hopefully, karmc justice for MF (Motley Fool) MedTech / MF Berman/ Chief Excuse Officer or simply POS Berman NOT point of sale (POS) but POS for still not being on point of sales big retail brick and mortar shelves!
MF Berman will burn in public company hell! POS
Agree and appreciate your attempts to assist others to NOT to make the same mistakes we DECN longs made!
Keep it up for the benefit of those who have not looked at DECN over time nut only looked at a current not honest PR.
BUYER BEWARE!
EXCELLENT POST!
BRAVO!
DECN down again today ....doesn't seem the market was too impressed with yesterday's court event .... Seems the build up with DECN is often more impactful than the actual event ....sell the sizzle, not the steak...right?
Has anyone yet to see a DECN "steak" on big retail brick and mortar shelves either foreign or domestic? Sizzle, Sizzle, FIZZLE!
BUYER BEWARE!
All good points as another perspective....guess we'll have to wait and see ....good luck!
Hopefully, my opinion is wrong!
Listened to the oral arguments today, like I said the other day, "I expect to be underwhelmed" and I was …. UNDERWHELMED.....PharmaTech had, IMO, difficulty multiple times explaining its points AND in the last minutes of the PharmaTech rebuttal the remarks concerning "record of evidence" was ROUGH to say the least!
YEP, IMO, UNDERWHELMED by PharmaTech BUT hey, you gotta have hope in a miracle when it comes to DECN, right?
BUYER BEWARE!
IMO, expect to be underwhelmed tomorrow, if not disappointed. All par for DECN.
Buyer, if any, BEWARE!
POS MF Berman!
SHOULD DECN prevail and benefit from a JnJ settlement/award, what should COMMON SHAREHOLDERS expect after years (3 and a half for me) of DECN poor sales, no profit and decreased shareholder value performance?
IMO, at least 25% of the net settlement/award should be paid out to common shareholders as a one time dividend.
Let's see IF there is 1) a settlement/award AND 2) MOST IMPORTANTLY, if MF Berman will make good on at least part of what he has done so poorly at!
BUYER BEWARE!
But with our Hope at the helm DECN will win so much that we all will get tired of winning.
I think shareholders would be much better off "tired of winning" versus the current DECN status of always "tired of losing", agree?
Hope is not interested in cleaning up the mess and liability you created, Burn Man!
BUYER BEWARE and do your DD!
Even a broken clock is right twice a day.
Let's see how much DECN will regain its value of 53 cents a share during May 2016.
Pat yourself on the back ....DECN "wins" (even short lived ones) are VERY far and few between.
BUYER BEWARE and do your DD!
Sept 4, 2019 -DECN’s Panacea Genultimate TBG Product will be Handled Internationally by a Single Mega-Distributor as Talks Reach Conclusion Stage
When?
Will this "announcement"/WISH be like the internationally launched GenSure from Sept 2017? The Bolivian/South American Deal? Vietnam/China/Phillipines? Mexican Convenient Stores? Chile? PetSure on brick and mortar shelves? How many agreements? How many deals? How much BS? Too many statements/claims to type that NEVER came to execution and REALITY instead of just Rhetoric!
D elusion
E xaggeration
C on
N Non-execution
IMO, of course!
BUYER BEWARE and do your DD!
Past performance does not guarantee future performance.
This "disclaimer" is often used to temper the expectations of a company that has achieved a level of performance; HOWEVER, with DECN it seems to be an ominous warning of less than 3 cents to ZERO …NO past performance, NO future ...no past performance in sales, profit, marketshare or shareholder value DOES seem to indicate a trend of ineptness and failure!
BUYER BEWARE!
DECN's Zephyr is the "gentle wind" (in mythology "west wind" - Burn Man is having all the laughs - Flatulence from the West!) or DECN flatulence you describe. Since you are so satisfied with DECN management, sales, profit and shareholder value, you need not concern yourself with any solicitation.
Keep those blinders tight on those peepers of yours!
Just in case you haven't looked, DECN shares are down AGAIN in the showdown of another "insightful PR/TAKE NOTICE" …..ROTF!
BUYER BEWARE!
Time to start coordinating all the data for a complaint to SEC/FINRA and soliciting legal representation for a class action.
DECN Decoder Rings are EXPECTED to be shipped SOME DAY in boxes of cereal In SOLICITED BRANDS some where in NATIONAL AND INTERNATIONAL COUNTRIES pending FINAL APPROVAL of the DECN BOARD - ALL 2 of them - MF BERMAN AND JANI - MAYBE, POSSIBLY, COULD BE, SHOULD BE BUT NEVER COMMIT ME TO IT!
BUYER BEWARE!
Imagine being able to say the following (IMPOSSIBLE, IMO) about the CEO, Chief Excuse Officer, of DECN?
"....a CEO who has aligned himself so closely with shareholders that he takes no salary, and doesn't even accrue one !!!
Instead he relies on making his fortune through increasing GLUC's enterprise value.
This company is a rare bird, indeed."
YES, I have invested in this company that has a diverse BOD, product on Walmart shelves, very transparent and REFRESHING to be a GLUC shareholder rather than a DECN shareholder that I describe as deceptive, dilutive, reverse splits and a disdain for shareholders.
EDMGUY, your quest for a clarification of the two contrasting statements are futile .... If not for the inordinate amount of such statements in DECN reports and press release due to, IMO, ineptness, deflection, delusion, serial exaggeration, deliberate vagueness, doublespeak or other descriptions far more malevolent, Quantum Physics could possibly explain the two simultaneously accurring statements; HOWEVER, such an assumption would be far from DECN's capabilities.
BUYER BEWARE!
WHERE is GenUltimate Premier? No Press Release? Will this be another "GenSure-type Story"? PLEASE check your local store milk carton on the MISSING panel ….
"We have prepared for introduction a premier version of our popular GenUltimate! test strip for launch on September 3, 2019. First deliveries for this test strip designed and provided for the benefit of big box stores will be in the 3rd week in September."
I had enough of this CON for this week BUT will analyze the below DECN text next week using my DECN Decoder Ring BUT suffice to say, things ain't looking too good!
"Thus, on September 3, 2019 the company will announce the availability of a new (2nd)
package version of GenUltimate, called GenUltimate Premier, a new package, and with many
of the features to be employed with the upcoming GenUltimate TBG test strip. The new
version of GenUltimate Premier, with a MSRP of $24.95, will provide the Big Box with
profit margins equal to or in excess of those margins they accrue from a sale of Lifescan
OneTouch Ultra, while offering at least a 50% discount to struggling diabetics. Two big box
chains have asked for immediate presentations. Hopefully the Big Box log jam will be broken
without loss of market share(WHAT MARKET SHARE?) or price leadership (WHAT LEADERSHIP?) of the current GenUltimate! test strip in
parallel channels.
It is anticipated that existing distributors of the company’s GenUltimate and Petsure/4Pets
products will want to also carry GenUltimate! Premier and sell this product in existing
channels as a “Premier” or “Cadillac” version of GenUltimate. The company believes this to
be a sound strategy, although 3Q 2019 sales might be affected as order rates for the existing
GenUltimate! are lowered and replaced by GenUltimate! Premier. Delivery delays from
Korea of even a few weeks will affect revenues in 3Q 2019. However, profit margins (WHAT PROFIT?) for
GenUltimate! Premier should be higher, and cost of goods calculations should remain
unchanged.
Financing Requirements"
ROTF!
BUYER BEWARE!
Using the DECN Decoder Ring for the DECN text, "DECN announces that they have solicited distribution agreements with distributors located in the following international countries:
Russian Federation (distributor chosen, distribution tentatively filled)
Post Brexit United Kingdom
Canada
India
Mexico, Central America and South America
South Africa"
....you get .....DECN placed on its poorly viewed website a solicitation for distributors in the listed regions BUT IN REALITY, IMO, has NADA ....NOTHING except more distraction, deception and if that much, serial exaggeration!
BUYER RUN!
Does this latest future WISH PR or IMO, serial DECN exaggeration imply the recent PR's regarding a $100m license agreement for GenUltimate TBG disappeared? More examples/proof of MF Berman, DECN CEO - Chief Excuse Officer ineptness and failure?
BUYER BEWARE!
Reputational Risk .....MF Berman and the anemic, inbred DECN Board of Diectors, MFBerman and the other, are a disaster for DECN customers and shareholders!
BUYER BEWARE!
Fault? Responsibilty? Accountability?
It is amazing that after all these years of touting such seminal retail capable products, MF Berman and crew have now concluded that the pricing model is NOT conducive for acceptance by brick and mortar establishments! I have to agree with Johnny and feel this is simply BS or the epitome of corporate arrogance or ineptness!
Where were the market research and viability studies? The best mousetrap is useless if it cannot be sold. It is late in the game for such an epiphany especially in a declining market which the DECN at any Cost Apologist has noted.
Successful companies are comprised of diverse teams with varying skillsets that when effectively managed create synergy and value. DECN operates as an inbred private entity with the benefits of a public company yet, IMO, a disdain for shareholders. It is appalling to see such wasted opportunity at the hands of what I consider a deceitful, self-serving and manipulative con .....NOTHING with DECN can be taken at face value and a review of PR's and Reports versus REALITY would produce a plethora of proof.
Why has DECN kept its management team so anemic and inbred?
Why hasn't DECN's story, products and potential resulted in a Board of diverse skillsets and talent?
Why has DECN's "technical" prowess failed in marketing and sales after all this time?
Is DECN trying to hide something?
Will DECN change for the better any time soon and become a worthy and profitable investmrnt for shareholders?
Maybe these actions, inactions or IMO, con job does not rise to the level of criminality currently based on many factors BUT is does rise IMO to immorality and a betrayal of public trust ...on face value the DECN story seems altruistic but TIME erodes all.
My ONLY hope is that I can get out of this investment mistake with even money and MF Berman and crew get their karmic due one day!
BUYER BEWARE!
Possible DECN shareholder sellout and proof of Shareholder disdain by DECN?
From Plutonium -
"This J&J ending is coming up with perhaps Platinum the recipient of the biggest dividend of all, GenUltimate TBG. TBG is KB's baby, not the work of penny traitor detractors."
"But they (DECN) certainly will not provide a cash dividend to shareholders. This is just a penny traitor pipe dream."
"I would hope that he (MF Berman) pays himself a huge bonus from the upcoming victory. He gets a bonus, penny traitors get a higher stock price but no candy."
I am sure MF Berman and his cronies will take care of themselves at the expense of shareholders, IMO!
The TRUE attitude comes out, finally but of course, too late for shareholders, IMO!
BUYER BEWARE!
" The "generic strip" model wasn't working" - Plutonium
How many millions have been spent and how many shareholders have lost to get to this statement as the Wizard of Con continues to play his merry fiddle!
ONLY one person is responsible....MF Berman, CEO and one of two DECN Board Members!
BUYER BEWARE!
EXCELLENT post, Fufat! Agree 125%. Unfortunately, false pride, sheer arrogance, fear of loss of control, selfishness, delusional ego or possible discovery of malfeasance by the DECN CEO, 2 person BOD, and cronies may override the greater good for customers, the company and shareholders.
IMO, Reputational Risk, poor judgment in selecting competent business partners, ineffective and exaggerated communications, failure to close significant big retail deals all point to a CEO that bodes no confidence by the market .....IF the DECN CEO would be honest, ALL would be served if he recruited and replaced himself with someone who could execute upon the DECN opportunity he talks about and relegate himself to development, legal, and non-financial matters.
And before the bash of my post begins ....NO, I am not interested in any position within DECN except shareholder for now AND want to relinquish that position as soon as I can break even with a small gain after 3 and a half years of being in this investment mistake.
Buyer Beware!
What happened to the chosen DECN Perfect Partner?
The friend of KB (Why doesn't KB talk for himself? Legal Considerations? Plausible Defense for futurelitigation?) AND blind, DECN at any cost claims:
"So, because the product (ie GenUltimate TBG) can be available immediately today, or in November, or next January or whatever, why buy today at Berman's current price, wait for the company to go under or at least when a big discount opportunity arises, and buy it then."
Is this really a Perfect Partner?
DECN can't leverage the other offers against this perfect partner?
There was no specific timeline to execute in the Letter of Understanding or Agreement?
Seems with a $100m licensing agreement over 5 years AND and confident outcome to the JnJ litigation as reported by such a industry giant as MF Berman....investors would be lining up to get in at such attractive share prices....but that is not what is happening ....only whining and victimology by the DECN diehearts.
What is the straight and unexaggerated truth surrounding DECN? When is MF Berman going to have the courage to address shareholders rather than a hateful proxy?
This should be a time of celebration but it is clouded over yet another cry for money which is all the result of action, lack of action, poor judgment, ineptness, arrogance and possible malfeasance, IMO, by DECN, the BOD, MF Berman and cronies.
IF the Perfect Partner is squeezing DECN is it because they have shareholder interest in mind unlike, IMO and based on numbers DECN?
DECN and MF Berman and cronies cannot and should not be taken at face value!
It is one thing to make a bad investment, it is another to be conned ....IMO, DECN is both!
BUYER BEWARE!
How is it working out for shareholders 1 year later?
In an August 2018 DECN Press Release, MF Berman in part stated, "as DECN is always committed to delivering superior shareholder value …." …. Have not felt this since entering into this void of an investment in May 2016 ….Where is the shareholder value when the numbers show dilution by over 60 mil shares AND shareprice decrease by over 95%?
GENSURE? GenUltimate?
"The company plans to sell GenSure! first in Mexico where upon approval by Mexican regulators, it can gain immediate traction. As such, the company has engaged an exclusive distributor for the GenSure! product. The exclusive distributor has taken on the regulatory registration process (estimated to be 90-120 days) and has inked an agreement with a large pharmacy chain and convenience store operator in Mexico, as well as several South American countries, starting with Chile. The large customer for GenSure! will also carry the company's GenUltimate! test strip."
- WHERE is the "inked Agreement"?
- BESIDES the regulatory approval, why has Genultimate been placed as stated in the Press Release?
- Did DECN do ANY due diligence on this distributor?
- Is the lack of EXECUTION DECN's FAULT or Someone Else's Fault?
- Did the "authorities" put a kabash on this deal like the Spanish deal a few years ago?
- What ever happened to Macre sales?
Big Box Private Label program
"Finally, our Big Box Private Label program is proceeding with the only bottlenecks being time between sales and system processes. We anticipate providing further updates shortly as the bottlenecks are reduced and the program continues to pick up momentum."
- I heard of "slow" BUT it has been over 1 year now!!!!
CALL it what you will …. Bad Luck? Ineptness? Exaggeration? Delusion? Deception? Fraud? A Con? …. I know what I call it!
Who are the REAL VICTIMS here?
BUYER BEWARE!
".... it is so hard for DECN to get its product on retail big box shelves."
FACT: To Date, DECN has failed to get its product on retail big box shelves!
MANY DECN Press Releases and Quarterly/Annual reports have used language such as "expected", "anticipated", "agreements", etc in reference to placement with retail big box. The self-professed DECN "insider" and DECN Apologist have indicated several names, directly and indirectly, of such retail big box stores. PR's and Quarterlies have presented specific agreements with distributors that have seemed to go nowhere as far as results.
Seems that the new narrative is that the DECN retail pricing and subsequent margin for retail big box is creating an obstacle for DECN acceptance for their brick and mortar efforts.
Did ANYONE in DECN research channel pricing and profit requirements BEFORE now?
Does this suggest that companies such as retail big box consider profit or price a factor? WOW, what a concept? Maybe retail big box does this to benefit its shareholders as well as its customers?
Is retail big box driven ONLY by profit? If these DECN products will benefit their customer base, especially with health matters, why wouldn't they JUMP on this DECN opportunity? In many instances of low profitability per unit, doesn't VOLUME become a compensating factor for the retailer? Store traffic considerations? Retail big box ONLY sells products with great margins ….NOT! What distraction, deflection or even possible deception is being played on shareholders once again?
IMO, the Wizard of Con is setting us up for another coverup of his failure and ineptness to bring DECN products to market and capture the marketshare he has so often touted OR is getting ready for the classic blame game of a lame excuse as it is Always Someone Else's Fault?
WE WANT RESULTS NOT RHETORIC ANY MORE!
BUYER BEWARE!
No Carts, No Cashiers: Amazon Opens Brick-And-Mortar Convenience Store
January 22, 20184:20 PM ET
Simone Alicea
Amazon opened its new brick-and-mortar convenience store to the public on Monday in Seattle. There are no carts or cashiers, and it's BYOB situation, meaning customers have to provide their own bags.
MARY LOUISE KELLY, HOST:
Amazon opened a brick-and-mortar convenience store in Seattle today, and it's a good guess you haven't seen one quite like this before. There are no cashiers, no checkout lines at the store called Amazon Go. We asked Simone Alicea of member station KNKX in Seattle to scope it out.
FULL ARTICLE: https://www.npr.org/2018/01/22/579787727/no-carts-no-cashiers-amazon-opens-brick-and-mortar-convenience-store
Ever hear of the Amazon and Wholesale Foods Merger?
Amazon And Whole Foods Merger To Introduce Cross-Platform Selling And Lower Prices
Cross-Platform Selling - BRICK & Mortar and ON-LINE!
Another example/proof of DECN Rhetoric rather than RESULTS ….
"First deliveries of Alltara!™ ultimate are expected in 2Q 2018" which was contained in January 3, 2018 DECN PR
https://www.accesswire.com/485204/Decision-Diagnostics-Announces-2018-Business-Focus-Through-the-Introduction-of-New-Products-Positive-Conclusion-to-JJ-Litigation-and-Hybrid-Private-Label-Business-Model
BUYER BEWARE!
Zal's car works, MF Berman doesn't!
Zal's car can get from point A to point B, MF Berman gets lost!
Zal's car is driven by a competent driver, inept MF Berman is driving DECN into the ground.
Zal's car has paint on the outside, MF Berman tries to put lipstick on everything!
Zal's car has rubber on the road, MF Berman should hit the road!
Zal's car runs, MF Berman runs away from accountability.
Zal's car uses lights, MF Berman is in the dark.
Zal's car can be sold, MF Berman can't sell anything!
Zal's car has value, MF Berman drains shareholder value.
Zal's car has oil, MF Berman is slippery!
Zal's car has exhaust, MF Berman is full of stinky, polluted hot air.
LOL!
Paragon Sales and Marketing does not display any DECN product on its website under Manufacturers or Products:
https://www.paragonsalesmarketing.com/manufacturers.html
https://www.paragonsalesmarketing.com/products.html
Fetch for Pets must not have too much confidence in PetSure or GenUltimate4Pets ….product is not even listed on their website.
https://www.fetch4pets.com/health-wellness
STRANGE?
BUYER BEWARE!
Zal, your information MUST be wrong ..... On August 14, 2018, The WIZARD of CON stated, in part, "Mr. Berman commented "as DECN is always committed to delivering superior shareholder value,....
IF MF Berman commented about something, IT MUST BE TRUE, UNLESS of course, It Is Always Someone Else's FAULT!
IT MUST be the market's fault as they do not understand poor, poor MF Berman!
He is certainly, IMO, the Master of Disaster!
BUYER BEWARE!
Mugsy & Zoran, thought you would appreciate this from a January 2018 DECN Press Release ...
"Mr. Berman concluded, "It is exhilarating when large big box retailers pursue our products for placement on their shelves. The years of litigation and struggle have been finally rewarded with the collapse of the retail barriers erected by J&J to our product placement in the retail marketplace. Now that those obstacles are crumbling, we intend to capitalize on the opportunity with our existing products and our eagerly anticipated bevy of new product introductions."
BUYER BEWARE!
How many countries/regions have DECN Press Releases produced over the last 4 years stated/suggested/implied DECN product would be sold in AND how many (online does not count) have actually happened?
Let's compile a list here to clearly SEE that DECN rhetoric greatly outweighs DECN results!
BUYER BEWARE!
One could reasonably ask (Pluto) …..
AND many have asked, never to get a pertinent answer other than a personal attack OR a response such as "Call the SEC, FBI, CIA, etc", "You come in and become CEO/run the company/show us how to run the company, etc" OR some other attempt at deflection, distraction or fake information OR claim it is someone else's fault.
IMO, MF Berman and ALL those co-conspirators who support his CON or delusion have done the public and shareholders a disservice and are the worst kind of human excrement possible. Hopefully, one day ALL these characters will reap what they have sown and get their just due!
BUYER BEWARE!
Does anyone read the reports cover to cover?
MF Berman must think not! The reports should have lush gardens of mushrooms sticking out of them with the vast amount of crap piled on top of crap!
These reports are obviously not proofed ….contradictions are made in adjoining paragraphs, incomplete sentences just end, vagueness and babble prevail, excuses and Always Someone Else's Fault abounds, etc ….the quality of the report is just another example of the disdain towards shareholders ….arrogant, disgusting, condescending, insulting!
There are many examples in the report to justify my sentiment expressed above BUT I will not give DECN the benefit to clean-up its mess. Here is ONE mind-blowing assertion the report contained, "We will operate our operations like a business."
Such a statement begs the question, "How has it been run to date?" I guess anyone who has been in this stock for at least 3.5 years knows the answer - NO product on store Shelves, Dilution, Anemic Sales, NO Profit, NO shareholder value increases BUT tons and tons of RHETORIC!
My post on how to prepare to read / analyze these reports was right on target...laughable, entertaining but for the negative impact these unethical, immoral animals have created!
I no longer HOPE that DECN will ever amount to anything BUT I do HOPE I will see the day that karma/justice will be served upon DECN, MF Berman and all the other co-horts/facilitators of this CON! Such a levy of karma/justice would at least justify the money I spent on this Con!
ANGRY? DAMN right I am!
BUYER BEWARE!
ALL IMO, of course!