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Second take on new website design: Quantum Leap!
I've gone through most of it, and am genuinely impressed at the improvement.
Go DECN!
I believe, we're on the launch pad. The only question is how long the count-down takes.
I agree you can't have it both ways (dead cat bounce or death spiral). And I think both are unlikely (aka FUD).
Unfortunately, Herr Zem only understands English.
The new design looks great - Hooyah!
Thanks for pointing it out.
The DECN price-per-share could just be a "dead-cat-bounce"
It could even be the start of a new "death spiral"
Unless .... LOL!
You've been on DECN longer than I have. Nice summary list.
Does anyone else have something that should be added to Play's list?
So complete Facts Are Needed -> Unless....
See post# 31685 for the original post with the edited (i.e. information removed) reference.
Yep - Occam's Razor makes more sense
Typos are a lot more likely than some kind of convoluted conspiracy.
Great question, I'll be interested in Scoop's response. BTW, be sure to copy all the notes in this thread for future unbiased discussion.
I never took cesspool personally. I took it for what is was. A derogitary term only used by those who were trying to discredit. There is no other rationale reason for using the adjective.
How does cesspool add to the noun "pink sheet"?
"In the investment community,it IS understood that Pink sheet land
is a "cesspool" .
Perhaps your investment community, not mine.
Sweeping broad based criticism that discredits
You mean like the "cesspool of pink sheets"?
Interesting that you didn't rise to disagree with that discrediting.
Coordinated topic of conversation?
I have never "coordinated my posts with anyone".
Maybe some others have. I don't know. But how would you?
Are these personal attacks?
I'm not sure what "different forms of equity" means
Shared equity arrangements with other investors (e.g. venture capitalists), are not limited to pink sheet stocks.
So I'm suggesting a friendly amendment to your point. Current number of shares, or potential number of shares.
If we remove the superfluous "pink-sheet" and "different forms of equity" qualifiers, we're left with decreasing the potential price per share by increasing the number of shareholders.
To me, that is a reasonable discussion topic (sans inflammatory labels).
That said, I'm unlikely to participate in a discussion about that topic if it focuses on hypothetical what-ifs.
Clear, succinct and compelling post
For me, the picture you painted, overshadows Fear, Uncertainty and Doubt about the future.
Thanks
I was unfamiliar with Hotstocked articles but vaguely recall they had legal problems in the past. I did a google search of: "hotstocked report DECN". I received quite a few links. So I scanned the first 5 or so articles and was struck by their consistent pattern.
1. Some bit of DECN news or status.
2. A Concluding statement that DECN's financials suck and/or a warning to be VERY fearfull of massive share dilution.
I wonder why Forbes didn't give as much weight to these "issues".
Hotstocked may proclaim they are an unbiased news source. But to me, the words actually written, mean more than an empty claim of being "unbiased".
OK - That sounds reasonable
Sorry for my prior sharp replies.
It's not a big issue, for me, but seems like a reasonable line of inquiry.
Thanks
The 1Q 2016 financial report clearly describes the current conversion rates.
I'm not interested in the history of (pre 2013, when I bought my first DECN shares) reverse stock splits or accounting
Dilution has NOT been a constant concer
We all choose how to allocate our attention. There is no hint of what you've "discovered" from any credible source. I know my investment in DECN is a risky one. I may lose my entire investment. But on my internal list of risks, this one is not above my minium threshold. To me, it is noise.
So yes, I do not care.
If I received an inquiry like that, I probably wouldn't bother to answer it.
If I did, I would refer you to the latest 1Q 2016 financial report which clearly describes the current conversion rates.
Are you doing your own 2011 post audit?
I personally don't care. Maybe he will.
That's because they can't see the bottom
They're expecting champagne, but folks with more "wisdom" only see a cesspool.
Why would the venture capitalists destroy their investment?
OK, assuming venture capitalist own most of the shares, which seems plausible, I still don't get the point. Venture capitalists ARE investors. They make their money by investing in a large portfolio of risky businesses that have potential. They know that most will fail, but a few will grow by more than an order of magnitude. They are in it for the money, not some kind of power game to destroy the company. They want DECN to succeed so they make a lot of money.
The motivation of venture capitalists is much different than hedge funds. Hedge funds often look for value by breaking up a company and reselling its parts (including hidden value items like over funded pension plans). DECN is not large enough be interesting as a liquidation candidate yet.
So Common Share Investors Have The Most Votes
Yawn
These folks have common shares with voting rights. It has nothing to do with preferred shares, dilution or some kind of imaginary power play.
Is your point that investors own more voting shares than management? If not, what is your point?
Voting control is not gone
Shares that have not been converted do not have any voting rights.
Are you alleging that many of the preferred shares have been converted? And if so, how do you know that?
"Voting control is gone" ?
Per the 1Q 2016 Financial Report, the Series B, C, D and E convertible preferred shares "shall not have the right to vote on matters that come before the shareholders.".
Please explain your allegation that voting control is gone.
I was getting concerned about my DECN investment
There have been a lot of good posts warning about the uncertainty of various aspects about DECN. I've also noticed that similar warnings of uncertainty have been made every few months since I first started accumulating DECN shares in 2013. But all of these old warnings of death spirals, hedge funds driving the stock price to sub-penny levels, financial statement arithmetic errors etc. turned out to be irrelevant for me. In retrospect, it would have been a big mistake for me to have followed this bad advice.
I just updated my Quicken file and my Roth account has 223,550 shares of DECN. My average buy price was $0.154765. I'm up 152% as of tonight. This is not an opinion, it is a fact.
Will today's DECN investment value double (i.e. go from $.39 to at least $0.78) before the end of 2016? I think it will do better than that, but acknowledge that it could even go down. High reward potential implies high risk. The potential reward for this risk seems worth it to me for this year. And maybe for years to come as they ramp up.
Am I biased? I have no idea what that means in an actual investment context. Yes, I have a small investment in DECN. Do I think it is a good one? Obviously, otherwise I would have sold. To me, it's simple, you're either in or out - or in the peanut gallery.
After quite a bit of analysis and thinking, I'm not concerned about my DECN investment any more.
OK, but ALL of the google hits on the first page I see are about CURRENCY velocity of money - nothing to do with "turnover".
We're on the same team. But you've been advised poorly on the "velocity of money".
It's about the macro economic effect of currency circulating in a society. It does not apply to this situation.
Berman Maintains His Investment - And Arranges New DECN Funding!
FACT - Berman's DECN ownership has not declined
Yes, his percentage of ownership has gone down as more shares were issued to finance an expansion. But he hasn't been personally selling shares.
Berman's Ownership Did Not Decline
DECN borrowed more money to accelerate their expansion. They used DECN's shares instead of committing to a future stream of cash payments that a loan would require. There is nothing nefarious about this and it's often the wise choice for small company expansions.
OMG! Spelling ERRORS - The Horror!
This will not feed a DECN share price DEATH_SPIRAL, nor will it lead to SUB_PENNY stock price in the CESSPOOL of PINK_SHEET stocks, or have the police arresting DECN employees or the SEC shutting the business down or the company being sued into oblivion.
DECN seems to be progressing into a real business, instead of just a litigation play. Hooyah
"And as a Non-profit or a Publicly traded company...comes accountability outside of just oneself. Which is why you probably dismiss it as being important."
I worked for a publicly traded company for all of my adult life - IBM for 32 years.
I didn't "dismiss" the importance of accounting or accountants.
You can delegate authority, and I often did. You can't delegate responsibility, or accountability. And I never tried to. If we screwed up, it was my butt on the line. There was no tolerance for blaming subordinates.
I'm done with this topic.
"And as a Non-profit or a Publicly traded company...comes accountability outside of just oneself. Which is why you probably dismiss it as being important."
I only worked for one employer after grad school - IBM for 32 years.
You can delegate authority, and I often did. You can't delegate responsibility, or accountability. And I never tried to.
We're done with this topic.
This is why you get them right?
Nope.
I had employees who were accountants because I didn't want to deal with that aspect of the business. AND, I wasn't qualified by temperament or skill-set to be effective for the job that needed to be done. It's had nothing to do with shielding me from liability, or being above reproach.
In fact, in a few cases when we had a big problem with a customer or another company, I ended up fighting the final battle/negotiation after hours of briefings.
"I would agree and we've seen the same posting history about these details for the past three years.
Sounds like we've been watching/investing in DECN for about the same length of time.
I probably shouldn't have allowed myself to be drawn into yet another discussion of 2006 Instacare "news".
Instacare/DECN is not a start-up
That fair. But it's look's like DECN's buiness will be two orders of magnitude larger than the prior revenue peak. So start-up may have been a poorly chosen adjective, but it does look like this is going to be a totally new ball game for DECN.
I'm not suggesting - I'm telling you!
I have no interest in discussing DECN accounting details. If there has been real fraud, back it up with more than innuendo.
Actually many great leaders are poor at arithmetic
They hire accountants to do this for them, or subcontract for the same.
Mistakes are not fraud. Again, I see no evidence of willful intent to mislead in anything that DECN has filed.
Do you? If so what specifically?
"Business is arithmetic"
For accountants, perhaps. But not leaders.