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.
Mr. S...
Thanks for a sensible reply.. I too don't think there is a settlement here soon...
Just feel some of the excuses both sides make up are hilarious. . Or predictions of partners/buyers.
People need to get real there is no settlement in the works J&J lifescan is going to drain it as much as they can.
Ps I am a very long shareholder.. I actually purchased my first shares when they were listed on the old amx......
Peace holdm
Only with the last account change did the give up-house accounting . Remember the accountant was allways sick.
Why do they need the transfer agent locked? What do they need to hide? Or are the ashamed of.
Riddle me this... what other trusted diabetic company does k binder, own or manage.. hint see Nevada sos...
I guess because I explain no SEC filling of finacaels for over a year its OK. ....
In the interm.
No finacealls for over twelve months.
Unknow share stucture update eleven months ago.
Fluff PRs form company.
The Market is certainly responding to it ....
Decision Diagnostics Corp. (P (DECN)
$ 0.2575 ? -0.0025 (-0.96%)
Volume: 2,657
if that were the case, Why have they not Filed/Bid to become one of the ONLY 23 Mail order Medicare Diabetic strip Suppliers ? Or better yet how come NOT ONE of those suppliers Carry Genstrip50?...
Yesterdays PR IS FLUFF.....
NO 10 Q's and K ... why not UNLOCK the transfer agent, you all claim they have nothing to hide ,,,,,,,,, simple fax/phone call could fix that,
Peace
I stand Corrected ,,,,,, My apologies ,,,,,,,,,
proves sometimes stubbornness overrules common sense,,,
I guess I will have to wait and hope they heal this accountant or after being ill so long they politely ask him / her to step aside so they can produce financials. (or fire them like they do audit company's).
PS if Mr Berman wanted to really talk to Shareholders he could Call me or Email me he has both ways to contact me ,,,,,,
however It would much better he spend his time managing the company and continues to insure the company becomes current.
Peace Holdm
You would think if someone had the proof they would be more than willing to post a Verifiable FACT as I have with my posts,,,,,
to defend the company's position ,,,,,,,,
or perhaps they are not interested in proving fact ,,,,,,, or no FACT is available,,,,,,,, just smoke and mirrors,,,,,,
Peace Holdm
Please since I am so SLOW...... POST the LINK a 8K Please showing they have a outside accounting firm .. not the AUDIT FIRM.
EVEN the 10K & 10Q the latest filed show they do in-house accounting .......
Peace Holdm
I could care less about all the other company's on the OTC,,,,,
I only care about DCEN ,,,,, they chose to be public, they should live up to there Fiduciary duty to be transparent and publish Filings on time.
Quit alibiing for the company make them furnish financials.
not they are a pink and don't have to ,,,,,,,,,,,
They are only they audit company ,,,,,,,,,the accounting og the company done in house ,,,,,,,,,,, so as each audit company refuses to certify the Finances is that when there is a parting ? ...... just saying ,,,, its realy not hard to grasp ...
we have been dark for well over 18 Months now ,,,,
LOL,,,
Why should I need to call a company ,,,,, that call means nothing , a Company who wants to be Public should File the REQUIRED REPORTS in a timely manor or figure out a way to make it happen ,,, not when they decide ,,,,,,, they have a FUDICARY obligation to the public share holders ,,,, or they need to take this company private .....or quit selling shares on the street to fund operations ,,,, if we ever get a 10K/Q the outstanding shares are going to WOW you......in the growth ,,,,,
anyone think the company has expired?.........
I would much rather the company concentrate on running the business , hire a PR firm to handle all the PR.
but they seem to like to do things themselves ,,,,, as evidence by there own filings
As a SHARE HOLDER I Read ,,,,,, that's really all I ask I don't need FLUFF PR's
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.
10K DEC 31 2012
Management Responsibility for Financial Information
We are responsible for the preparation, integrity and fair presentation of our financial statements and the other information that appears in this annual report on Form 10-K. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States and include estimates based on our best judgment.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9225698
10Q June 30th 2013
Basis of Presentation
The condensed consolidated interim financial statements included herein, presented in accordance with United States generally accepted accounting principles and stated in US dollars, have been prepared by the Company, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9468184
NOW if you can show me a Filling that says they hired a accounting Firm NOT a Auditing firm
I will believe the Filling above that are the LATEST ....
10K & 10Q's Filled ......
so you are saying DECN is Deliberately withholding information ?
The sec filings will be made current when DECN is ready
I thought it was a accountant problem ,,,,, even when they use in house accounting ....... and a outside accountant for audits ,,,,
We all know there is two definitions of Hope
Hold on, Pain Ends
Hold on, Pain EXTENDS
Peace Holdm.....
Lets Hope they are not relying on Amazon and Ebay sales as the business Plan, of course they choose to go quiet and not supply shareholders with annual & quarterly reports,
So if I get this correctly its ok not to have Financial statements as long as the keep Wash Rinse Repeat in changing of the Audit Company ,,,,,,,,,, PS Audit and Account company's are not the same in this case ,,,,,,,
Yes I have ,,,,,
A financial audit, or more accurately, an audit of financial statements, is the verification of the financial statements of a legal entity, with a view to express an audit opinion. The audit opinion is intended to provide reasonable assurance, but not absolute assurance, that the financial statements are presented fairly, in all material respects, and/or give a true and fair view in accordance with the financial reporting framework. The purpose of an audit is to provide an objective independent examination of the financial statements, which increases the value and credibility of the financial statements produced by management, thus increase user confidence in the financial statement, reduce investor risk and consequently reduce the cost of capital of the preparer of the financial statements.
questin is do you understand what one is ,,,,,
Like I said, it is the company's Fiduciary duty as a public entity to produce the financial reports ,,,,,, then there Audit company will review and approve/question/or caution for the investing public.
You do Realize its the AUDIT Firm ,
Not the Accountant that are responsible for the financials of the company .. you know they are the ones who send the report to the auditor ,,,,
my question is WHY has the Accountant or Firm not completing the Financials ,,,,
An Audit firm is only to Verify what the Accountant has posted as the value of sales /assets etc.
But Wait There's More .........
just like Harrington's Shares ........
or the Buyout that would have made him a BILLON.......
if he wants to build a company he needs to build it and quit trying to buy them on Craig's List......
LMAO ,,,,,,,
If I were a REAL share counter I would have been outta here back when the ticker was ISCR , No make that INCA ,,,,, no make that CCED,,,, No make that ATR,,,,,,,,
Your Correct,,, I miss quoted I should have said it has been Eight Months since the end of the YEAR and they still have not been able to close the books on 2013,,,,,,, and as I am to believe the NT-10K of March 31 2014 it was because of
The Registrant is unable to file its quarterly report on Form 10-K within the prescribed time period due to a material event now in process. The Registrant’s subsidiary Pharma Tech Solutions, Inc. is completing an acquisition of certain healthcare assets from a privately owned concern and this event also includes changes of registration with federal regulatory bodies as well as primary private registrars. This event transaction closing is expected to be completed by April 14, 2014.
Not a sickness or an accountant problem.
I concede that may have taken up time from a accounting and management operation but had no effect on the results of Year End 2013…
I can only surmise/assume at the point why on May 5th they would Part company with their internal auditor,,,,, so because I have NO FACTS ,,,,, I will leave that to others ,,,,,,,,,
If this company is going to continue to be a public company the management should do there Fiduciary Duty and File YE 2013 Results and First Quarter 2014 Results ,,,,,, In (give or take) 20 days there Second Quarter results will be due, (OR Late ) we will soon see,
There are many type of traders/ investors that make the market work don’t be critical of people who make investing decisions on company’s reports ,,,, (I would say required but because they are a pink sheet company they are not required to file ,,,,,,, but should file to DELIST themselves . if they are not going to ….. file timely reports ,
I am only interested as a investor in DECN ,,,,,, the Unistrip contention is 45 days old. Are they trying to ride DECN Coat-tails? ,,,
Like I said the K is now EIGHT month's late that is more than enough dog ate my homework stories.
Discovery and DD by the opposing team trumps the K's & Q's .....
its information they are going to get.
The Management needs to do there fiduciary duty.
Do you think the attorney's don't use discovery ? it involves a alleged loss of revenues, business & profits, DECN would need to present FACT based REVENUES to PROVE LOSS...
that excuse is right up there with dog ate homework.
Generally they don't answer E-mails,
at times if you send emails that are fact based not emotionally charged you will get a response to give Mr.Berman a call.
You can also just call they generally will put you through to him . Its just about business. he will answer most questions, even K & Q ones ,,,,,,,,,
Peace Holdm
no I am not a fan of needing to call the company for reports they should be filing on time to keep me informed as a investor,
Both
Page 11 2012 10K Latest Available known Filed information.
not from message boards or phone calls to a CEO, Board Member ETC.
this company at one time said its all in the 10K & 10Q's
to bad they have stumbled and now currently are a Late / non filer
Healthcare, especially those segments where the company competes, is a very litigious. The medical industry is also intertwined. From time to time, we may become involved in claims and litigation that arise out of the normal course of business, such as litigation that emerges from disputes over damaged, missing or contaminated product. We may also become involved in disputes that arise over the business or business practices of our suppliers, payers and customers. The company maintains substantial insurance coverage against suits that may arise over issues of damaged, recalled or counterfeit product and other product liability issues. In addition, the company accrues contingent legal fees and product liability fees. The accrual totaled $170,069 and $205,500 for the years ended December 31, 2012 and 2011, respectively.
On September 9, 2011, Lifescan Scotland, Ltd. (“Lifescan”) brought suit against Shasta Technologies, LLC (Shasta), InstaCare Corp. (now known as Decision Diagnostics Corp.), Pharma Tech Solutions, Inc., and Conductive Technologies, Inc. in the United States District Court, Northern District of California, Case # 5:11cv04494 (“the Patent Case”), alleging infringement of U.S. Patent Nos. 5,708,247 and 6,241,862 and seeking injunctive relief and damages. InstaCare Corp. (now known as Decision Diagnostics Corp.) and Pharma Tech Solutions answered the complaint, denying all of its material allegations and asserting a number of affirmative defenses. On December 10, 2012, Lifescan amended its complaint to also allege infringement of U.S. Patent No. 7,250,105. InstaCare Corp. (now known as Decision Diagnostics Corp.) and Pharma Tech Solutions, Inc. are entitled to be indemnified by Shasta as additional insured’s on Shasta’s IP policy; the legal fees associated with our defense have been and are being paid by this policy. The companies also carry insurance and have demanded a defense from their own carriers. Since this suit remains unresolved, management intends to vigorously defend this lawsuit
Peace have a great weekend with the family ,,,,,,
they do have a compensation program in place ,,,,
as evidence by the LATEST available 10K (2012's) if Mr Berman and the other executives chose not to sell for funds that is solely there option.( there are ways to sell) ,, they are just like us shareholders they have choices ,,,,when to cash in and when not too ,,, they certainly seem like I and want to HOLD ,,,,, because we feel there are better opportunity's for value enhancement .
Mr. Berman has served as Chief Financial Officer since January 2003 and as Principal Executive Officer since August 2006.During the fiscal years ended December 31, 2012 and 2011, Mr. Berman has not received any form of compensation as a result of our limited cash flow; Mr. Berman has agreed to accept stock awards as his sole compensation until such time the Company has the necessary resources available to provide a traditional compensation plan.
Grants of Plan-Based Awards in Fiscal 2012
During the fourth quarter of 2012, we granted a total of 2,500,000 options to our board of directors and executive management.
I think there are a few Bi-Polar followers, I have also spoken with MR. Berman, its been a while back but have spoken to him ,,, as a shareholder its nice they take calls but I would rather them concentrate on Operations & Business growth, so I will do not call , however I may have to change because of silence on verifiable business operations (Missing Fillings ETC),
as far as the continuing funding of litigation they allegedly have a policy for that,
plus they have a line of credit for manufacturing & sales in the High Millions, that had no dilution,
but alas they are a start up and my feeling is the shares issued in the last 9-10 months is going to be MIND BOGGLING ,,,, the cost of commercial air time alone had to be paid somewhere ,,,, even if no one saw a commercial ,,,,,and they have been known to have close handshake deals with friends and family that they pay for the pass thru service ,,,,,, act as the consultant ... sweet heart deals ,,,,,
but like everything we will have to wait and see ..... its there playground and they own the ball ........
Peace Holdm
ya gotta think, what was so horrible & wrong after that
April 20 post, were 15 days later this went down.
Keith was so positive that all reports would be filed.
On May 5, 2014, L.L. Bradford & Company (the “Former Accountant”) was dismissed as the Company’s accountant. The Company has engaged Silberstein Unger, PLLC (“New Accountant”) as its principal accountants effective May 5, 2014
It was Humblehawk-----NJinvestor ,,,,,,,, and he had a bot, until they shut them down
think real hard and you can figure out who they were
No Money ,,,, they even pushed the fantasy Goal to 4th QTR testing ,,,, give's them 6 months of share selling ,,,,, They will have a shareholders meeting on June 25 ,,,, so expect a pump sorry a market awareness campaign ,,,,,as evidence by resent form fours of them trying to square there shares out ,,,,,,,HMMM ,,
What would
Fairytale Believers Incorporated
want from you ?
Peace Holdm
I would think it all depends on what is in (or not in)the 10K.
they do have a habit of leaving out small things ,,,,,
in the name of competitive & proprietary secret's,
but alas I am not the one sitting in the big chair, wondering how do I explain it ..... (whatever it is), My question of the day is they were very specific about the dates on the 8K in the auditor change, what was it in the forth quarter can they not agree on that would cause a change ?
perhaps shares, consulting fee's?, payment made to/from subsidiary's or those what is it 8-10 key customers (wink wink) that don't pay the bill and they have to write off huge chunks of receivables' ,,,,
Peace holdm,,,
at this point all you have is wait ......
I think your share count is gonna be on the low side on the double ,,,,, maybe more like a IN-N-Out Double Double ,,,,
the bad is, To us share holders it won't taste as good.
There is a lot of info missing ,,, that's why I posted a link for people who want to educate themselves on what the OTC market is, and What SEC & Finra believes it to be ,,,,
No not at all
I think it is a good thing, if company's are real the QX is intended to make them pay the weight and follow SEC/Finra Rules ,
But the QTC MARKETS is a PROFIT CORP... that is a listing/trading and PR Machine service
we both know that until they file all their reports due , OTC markets can not move them to the next tier if they are following there (OTC)rules of being a fully reporting company offering transparency. It one of the reasons the tier change comes with level two quotes,
you do understand that
OTC Markets Group, Inc. (OTCQX: OTCM), headquartered in New York City, operates a financial marketplaces platform providing price and liquidity information for almost 10,000[3] over-the-counter (OTC) securities. OTC-traded securities are organized into three marketplaces to inform investors of opportunities and risks: OTCQX, OTCQB and OTC Pink.
and up listings on the OTC are just a paid for Tier Change ....
To be quoted on the platform, companies are not required to file with the SEC, although many choose to do so.[6] A wide range of companies are quoted on OTC Markets, including firmly established foreign firms, mostly through American Depositary Receipts (ADRs).[7] In addition, many closely held, extremely small and thinly traded US companies have their primary trading on the OTC Markets platform
Market tiers[edit]
OTC Markets Group established a categorization system to indicate the level of financial and corporate disclosure provided by the companies using its quotation system. Apart from the OTCQX tier, the disclosure categories do not signify issuer quality or merit of any security. Categorization is based on the level and timeliness of a company's disclosure and OTCQB and any of the OTC Pink categories can include both high quality as well as speculative, distressed, or questionable companies. Investors are encouraged to use caution when considering many of these companies for investment
The SEC and FINRA are regulators. OTCMarkets is a quotation service
http://en.wikipedia.org/wiki/OTC_Markets_Group
Are they using a predicate device route thru the 510K process ?
is that the same sales that they cleared in 2012 ?
Throughout 2012 in anticipation of the introduction of Genstrip, which received clearance from U.S. FDA on November 30, 2012, we have evaluated our brand-name distribution model, a model that provides streams of revenue but extremely low profit margins, and over the course of the last 15 months we have phased out sales of those brand name products that have been a backbone of our current distribution business but provide low profit margins, if any at all, and will, in the future, compete directly with our Shasta Genstrip. Phasing out these products lowered our order intake by approximately $12,750,000 in
from the 2012 10K
FY2012 .http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9225698
I won't ask about all the bad debt from the 12-17 Partner Customers
this is why investors are asking for fillings to be timely Iam ok with no PR's if they never did another one I would be ok with it
just File the required reports on time ,
now just what really is in that K ?
That , we agree on ,,,,,,,,
peace Holdm .....