M&A business
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.
I recommend to study the Sorbanes Oxley Act from 2002 who clearly covers the organigrams of Controllers, Auditors or CFO's. It is an unbroken chain.
But I am happy to give a description of what the duties of a controler are.
A financial controller -- sometimes called a "comptroller -- is the lead accounting executive in a company. A controller’s duties can vary depending upon the size of the company, the complexity of accounting and financial operations and the number of people employed in the accounting department. The controller provides financial leadership and is instrumental in forming accounting strategies. A controller's role, especially in smaller companies, can include broad visionary responsibilities as well as hands-on management.
A financial controller is responsible for establishing and executing internal controls over the company’s accounting and financial procedures. This includes reviewing and approving all invoices to be paid, as well as reviewing accounts receivable aging reports. In smaller companies, the controller will often handle collections on invoices, especially ones that are 45 days to 60 days overdue. A financial controller is also responsible for coordinating with external tax accountants for income tax preparation and auditors who prepare internal audits of the company. This includes keeping company records organized and readily available for examination.
And here to give you the short definition of the duties:
DEFINITION of 'Controller'
An individual who has responsibility for all accounting-related activities within a firm. In most organizations, the controller is the top managerial and financial accountant. The controller supervises the accounting department and assists management in interpreting and utilizing managerial accounting information. A firm's chief financial officer (CFO) may distribute some of the financial management responsibilities between a controller and a treasurer. Functions of the controller include:
Financial accounting - the preparation of financial statements
Cost accounting - the preparation of the firm's operating budgets
Taxes - the preparation of reports that the firm must file with various local, state and federal agencies
Data processing - of corporate accounting and payroll activities
Also called "comptroller."
Conclusion: E.G. cannot hide behind his excuses. Nobody with common sense would believe him unless of course one belongs to a groupie-club who never challenges the action of some.
Had to cheque my Portfolio to find out if I ever received Shares from this Company. But all the search did not give a positive Response. So they must have gone the wrong way or better said to the wrong place. But then I went into Meditation to bring my mind back to the period early 2013 and all the mind-searching as well did not give a positive result. So I am wondering then; if I did not have the privilege to know These People why on earth should they have given me something if they did not even give something to the dog-contest winner. Or is this some Kind of charity that Shares are distributed from the AAPT Management? Maybe E.G. made such favours but then it did not reach me.
But of course it is understandable that diverging opinions at the end of the day must have something to do with the Slogan, there is no free lunch? And as there is no free lunch, then of course if one get's hit, then the one being made responsible for gotten hit (just to have an excuse at home) must have no Moral and ethics. If then so, Wallstreet is full of it: Not all win and not all lose - like in the Casinos.
Finally your advise "going after him legally" I take such things on my easy shoulders as it seems your credo against everybody who does not beat the dead horse AAPT.
In a way of course I understand this reaction, because the beating of the dead horse has a leadership of ex employees, if I read all those texts well. But then my advise has to be: Why playing this game in a Forum and why not Show the face on public confronting your Darlings L and B. Would make more sense.
This is what every country needs:
Companies that are innovative and create jobs. And the way it looks, DECN is on it. Bravo
http://decisiondiagnostics.com/employ.html
Job Opportunites at Decision Diagnostics Corp.
PharmaTech Solutions is looking for talented candidates to join our team.
Decision Diagnostics Corp. is a publicly traded medical technology company with offices located in scenic Ventura County. We have recently launched an exciting new product which has led us to make available several part-time and full-time positions. Part-time positions can or will morph into full-time employment. Pay will depend on experience.
Position Description
________________________________________ ________________________________________
Computer Programmer Job responsibilities include:
-Develop new apps for Android and iOS platforms
-Develop new and support existing Visual Basics applications
-Database design in stand-alone and multi-user systems
Candidate must work well in a small team environment with minimal supervision. Candidate must have a Bachelor's in Computer Science or similar degree or relevant experience.This is a full-time position with health benefits. Please submit cover letter and resume to apply.
________________________________________ ________________________________________
Customer Support Job duties include answering phones, providing customer assistance, data entry, and creating printed reports. Must have polite phone manners and be comfortable using Windows computers along with programs like Word, Excel, and Internet Explorer. There will be a possibility for commissions and to work from home.
________________________________________ ________________________________________
IT Support Technician Responsibilities include:
- Provide on-site, end-user technical support and maintenance (hardware and software) on all desktop systems, printers, copiers and other peripheral devices
- Assist in monitoring and supporting email, file/print, and application servers
- Assist in general overall network maintenance
- Resolve systems problems including working with outside vendors and manufacturers
- Responsible for planning and implementation of moves and changes
- Stay current with hardware and software developments in areas of interest to the firm
Candidate must work well in a small team environment with minimal supervision. Candidate must have a Bachelor's Degree or coursework completed in IT or similar degree or relevant work experience.This is a full-time position with health benefits. Please submit cover letter and resume to apply.
________________________________________ ________________________________________
Logistics Manager Responsible for production planning, logistics of outgoing, incoming, and in storage product flow, inventory management and control. This position ensures optimum utilization of equipment, resources and personnel to meet operational needs in accordance with the company business plan.
________________________________________ ________________________________________
Sales Managers We are looking for Inside National Sales Managers, and Field Sales Managers with previous experience in the healthcare field to join our team.
________________________________________ ________________________________________
In-House Sales Representatives We are looking for part-time in-house sales representatives. Job duties include cold-calling potential customers, data entry, and creating printed reports. Must have polite phone manners and be comfortable using Windows computers along with programs like Word, Excel, and Internet Explorer. This is an entry level position, compensation is $9/hr plus commission on confirmed sales!
________________________________________ ________________________________________
Out-of-House Sales Representatives We are looking for out-of-house sales representatives. Job duties include generating call lists as well as cold-calling potential customers. Must have polite phone manners and be comfortable using Windows computers along with programs like Word, Excel, and Internet Explorer. Work remotely, compensation will be in the form of a a hefty % commission on confirmed sales!
________________________________________ ________________________________________
Internships Candidates who are currently enrolled in college or are recent grads are encouraged to apply. We are looking for interns who have completed coursework in one or more of the following fields:
- Medical Technology
- Health Administration
- Medical Advertising
- Medical Media
- Pharmaceutical Detailing
- Graphic Design
- Website Design
________________________________________
If you are interested in any of these positions please submit your resume to info@decisiondiagnostics.com
or call us at
(805) 446 - 1973
or fax your resume to
(805) 446 - 1983
**Unsolicited resumes from employment agencies will not be accepted**
Strange things are happening.
Since DECN released a communique under the title:
DECN Plans New Legal Challenge After LifeScan (J&J) Admits to Using Sworn Testimony From Expert With Falsified Credentials
Upcoming Challenge Marks New Turning Point in Case Over (J&J's 7,250,105) Patent That Courts Have Since Ruled Should Not Have Been Granted and Cannot Be Used
We have experts trying to dissect the text at their will and even putting on the test the expertise of the public relation company. But it goes further, one even questions the truth content of this press-release because of course the sender is an OTC company.
Well then if so why not put on test those experts? Seems to me they are quick in their “critic for some reasons” but then do not have the pocket money to pay for pacer where they could read the letter Life-Scan (J&J) wrote to the court distancing themselves from their fake expert after a third-party through investigation caught them.
Finally if one starts to investigate something and gives a mandate to a firm specialized in this kind of business, one certainly does not go out and identifies the name of the company doing the investigation. Or has somebody ever seen on the Webside from well-known investigation firms references to their mandates? I haven’t.
But then of course, DECN is on something to write history.
-They have beaten J&J 3 times
-They were able to prove, that Lifescan (J&J) hired an expert whose CV was faked.
-They of course are now on the road to prove, that due to the expertise of this faked expert, the case was prolonged and due to this prolongation DECN could not commercialize on their Business
-Is this the beginning of the end or the end of the beginning? Both proverbs are right. It is the beginning of the end for the case but then I smell something which could be the beginning of something else.
-Reading this: Although in its early stages, this investigation has already suggested multiple other questions of veracity with their expert witness and his history, including the possible appearance of multiple identities. Those issues will be publically announced upon completion of the inquiries.
You know, once you start an investigation on something it is mostly only the tip of the Iceberg. So stay tuned.
In the meantime, the self-styled experts will question the legal minds of DECN, the professionality of their public relations-experts and of course the truth content of the press release. Here I can say: At least Life-Scan (J&J) is not questioning this any longer but would have been well advised never to underestimate the management team and the advisers of DECN.
What is left for DECN to profit fully from all this?
Of course: DECN has to bring its financials out and it will be done. DECN knows, that out there is plenty of money to jump on this train once the company is fully reporting. The reason for this are Corporate Governance principles. And with this low capitalization one does not have to be a genius to forecast what will happen to the stock price if DECN appears on cover stories of some known magazines digesting the causa J&J versus DECN at a time, when DECN is en-current with their filings again.
In the meantime have a look at the Chart.
When I asked for your "Expertise" the print was 100 % up. US-Time printed between 10.23 and 10.43. Could it be that your System only Shows the Close? Well then if so, you are right "only up 26.7 % but then our Computers are life so we catch as well intradays.
But still wondering. Since December 15.2014 and yesterday 116 Mio shs were traded. If this goes on a while, the question being asked then, who is buying the float and for what reasons.
Fair question?
Can you tell me why AAPT is up 100%
In School I learned the downside is protected by 100 % but the upside?
What's up?
I am wondering why J&J never thought about hiring all those stand-up experts who only find bad things to say about Genstrip50 and DECN? J&J could have saved millions of dollars on legal fees and could have saved the humiliation to lose 3 times in court and the humiliation to get caught with a “professional witness” who faked his curriculum vitae.
But I guess, the experts from J&J knew that DECN poses a serious threat to their market monopoly and they knew, that DECN’s Genstrip approved by the FDA is not only of high quality but then as well cheaper than their product.
I duly recommend to some to take the time and reading the protocols of the court hearings and the protocols from USTPO. Once done I am sure, people will know why J&J tried to sue DECN for patent infringement and then as well why J&J lost.
Again: Nobody is suing and risking millions for nothing. And J&J is not a small company. J&J is one of the biggest companies in the world. Their action against DECN is for me the absolute evidence, that DECN’s product is not only prime but then as well, that J&J knows, that DECN will grab enough market-share from them, that it was worthwhile to try.
To recommend for starters as well to read again what Forbes wrote about DECN in 2013
http://www.forbes.com/fdc/welcome_mjx.shtml
http://www.forbes.com/sites/genemarcial/2013/09/11/jj-seeks-court-aid-to-protect-its-glucose-monitoring-test/
What was true then is even more true today, after DECN took all hurdles to bring J&J down to their knees. Now let's wait how much Greenbacks will be put on the table to bring an end to all this and DECN can move Forward and concentrate on their Business, cash-rich and debt free.
Being down in the life cycle of a stock is not the end. If it would be so, then there would never be a list of higher highs. Actually very simple - stocks fluctuate.
I would say the $ range which was discussed here is certainly on the table. Maybe there is an uptick in the figure due to the fact that precious time got lost due to the witness who faked his CV. One never knows what Kind of Joker could be used in such a game.
For those mixing Shasta product with GenStrip50 produced by Pharmatech. DECN has nothing to do with Shasta.
•Works with the OneTouch Ultra meter you already own and trust, with the same small sample size and same fast results
•Low price of test strips means you can afford to test more frequently.
•Now manufactured by PharmaTech - not to be confused with Shasta product
•Made in the USA! GenStrip50 is safe to use and approved by the FDA
•Testing more frequently without worrying about the cost is good for your health!
OF IMPORTANCE: FDA APPROVED.NOW MANUFACTURED BY PHARMA TECH - NOT TO BE CONFUSED WITH SHASTA PRODUCT AND MADE IN THE USA.
You may recall that I am in the camp that favours a quick Settlement.
And we all know, it Needs always 2 for a Settlement. Neither J&J can have any interest to draw this out much longer (regardless of how much Money they have) and it cannot be in the interest of DECN either.
To me it is clear, DECN would have better use of Money being paid into their Treasury rather than paying lawyers indefinitely. J&J would have all the Money keeping this case going forever, but then DECN should have much bigger Business priorities if the books are closed.
Sometimes in life one has to smoke the peace-pipe if one likes the tobacco or not and Terms are never perfect.
For me and my friends who are shareholders in this Company it is a chapter we would like to see to be closed and it certainly would not hurt DECN on the contrary. First DECN would get the credit for having taken the fight up and for having won. This as such would create a positive public-relation possibility you could not pay for. And DECN would have all the cash and more and in no Need for debt to finance their Business model.
At this Point, shareholders could follow the stock based on the Business Profile and not based on lawsuits.
If I am not mistaken
Drugstore.com belongs to Walgreens
and
Beauty.com as well.
Thanks for this.
Purchased today Transocean in Europe.
If and when Crude recovers - and it will in 2015 - Transocean should outperform.
They have a very strong balance-sheet and more than $ 7.-- Cash per share.
1 year ago the stock was $ 50.-- and today below $ 17.--
Crashing markets give opportunities and this oil Crash is certainly that fits into the Picture.
Expert witnesses are subject to a complete examination of their educational and professional Background.
As a matter of fact, every case now where this expert was presented would have to be reviewed.
How will J&J explain that they could not see what everybody just by Consulting Linkedin would have found out.
What goes forgotten is that this fraudulent expert was a gift for DECN and it won't go away. DECN's lawyers during the process have shown that they are in control of the case and I would guess, this gift will be used by them against J&J and it will be a bitter medicine for J&J to swallow.
I read the letter J&J wrote to the judge defending themselves in the causa of this witness, but then who will believe them.
Everybody digging up the Name of the expert and using Linkedin would have found out that faked CV. J&J is a Billion Dollar Company and paying millions to their lawyers to avoid mistakes and to discover what helps them. Seems to me, they were blind or as can happen arrogant. If somebody believes here, that they could not have known this before, that this expert had a faked CV is living in another world.
The lawyers and adviser of DECN since start did not make 1 mistake in the case versus J&J (read the 2 USTPO rulings) and they are skilled enough to understand what golden egg this faked expert means.
It is all about Money, plenty of Money and under such circumstances hectic is not a good adviser, but tactic is the rule of the game. Out of this I expect the unexpected and this will certainly be then entertained in the press. When it will happen no idea, but it will happen.
And of course as Optimist i hope until then all filings will be out.
Finally the waiting paid off.
I do not think so on the contrary.
With the "bought witness" by J&J who faked his CV it could end sooner than later.
This is what the market is all about: Guessing or perception. If it would be otherwise all would have the same base and if so, why would we then Need a market.
Guessing keeps the optionsmarket alive I read recently.
January will be fun. I guess.
The subject of discussion was the double-game E.G. played during his employment. It has nothing to do with sick Obsession, those are Facts and as you asked for Email Evidence and now finally got it (at least part of it) it does not make very much sense when you then write: " before boring us with additional irrelevant emails form the guy" ......
Seems to me you just don't want to see it, but if so, do not ask for evidence.
And as some poster formulated it well:
Post # of 78899
So, Eric Grushkin "Independent Finance and Accounting Professional" that doesn't hold a CPA. Investment Relations that fails to respond to investors in a timely manner and releases a poison pill letter to a select group of them. Controller for the firm who made restoring their filing status to current the top priority but somehow just now discovered 8 pages worth of discrepancies he needed to share, just not to everybody. Directionally-challenged whistle blower who somehow found the address of private placement holders instead of the SEC or FINRA.
What a stand up guy. Everyone please join me in a great big round of applause for a selfless man who did "the right thing."
I am very happy to give you more of E.G's CV's of his importance in the world of AAPT Investors.
Seems to me then, that this Junior assistant as you say, should not have had the Position as Controller but then who am I to question how he signed his mails?
Summary of E.Grushkins double play.
But first to show some mails, that E.G. by himself signed his as controller:
From: Eric Grushkin (EricG@AAPBrands.com)
Sent: 25 April 2012 04: 08AM
To: XXXXXXXXXXX@aol.de
Hi Michel,
Our first goal is to build our sales to $100M. We have many competitors, both large and small, but if the owners of just 500,000 dogs - of the nation's 78.5 million dogs - buy just one of our products each week, AAPT will be a $100M dollar company.
Thank you for your interest in an investment.
Eric Grushkin
Controller.
On the same day another post :
"Eric Grushkin" <EricG@AAPBrands.com>
ins Adressbuch
An: "'xxx'" <xxx.xxx@gmx.de>
Betreff: RE: Filings? Reporting Status?
Datum: Wed, 25. Apr 2012 17:37:12
xxx,
Restoring our filing status to current is a corporate priority. The name of the online retailer mentioned in the press release was not provided per prior agreement with the online retailer. Thank you for your interest in AAPT.
Eric Grushkin
Controller
Here a post which is asking the right questions on June 26.2012 and to this E.G. replied then.
Of importance is what poolguy1 writes in his comment and this clearly confirms what I said, that E.G. was in contact with some. Reading then this, how is it possible, that then in 2013 he distanced himself from everything.
poolguy1
Tuesday, 06/26/12 12:02:51 PM
Re: None
Post # of 78899
Well,can anybody especially the intelligent and analytical MMSTOCKPLAY help understand and decode what exactly is He driving at-----I know all our long investors and detracctors enemies of the stock wants to know whats going on with aapt's venture and business strategy,but i have done my due diligence through asking many questions.
Good morning Mr Eric Grushkin, allow me to introduce and identify myself as one of the many long shareholders of AAPT who have read plenty of news releases on the progressive product developments and new ware house distribution outlet at shawnee kansas USA. I was amazed that many well-established and renown retailers like walmart,petco and petsmart decided to launch product releases in the initial phases with AAPT,pawtizer getting along very well with the target markets who posted wonderful comments and suggestions that its the best in the market along with many other terrific achievements like nutrabars,powow,American chewies and mutt which which there is strong potential for almost 80 million dogs in the nation. But for the sake of allaying my fears as to the protracted and ongoing delay of the distribution publications release which was the prime concern and consideration of many potential stockholders and investors of AAPT since there was news of 240 pallets being currently awaiting deployment from the new Kansas distribution and many other positive developments but without the actual products on shelves.
1.My question would be how much longer would shareholders and buyers have to wait for these amazing products to be marketed and sold on supermarket and other intermediaries shelves?
You have mentioned before that all announcements regarding products and sales will be made to the public as a whole, but can aI get an assurance and confirmation that manufacturing and operations is going steadily strong and in full swing in impending release to the domestic and international markets? Well what I meant was the products are deliverable and fully manufactured designed and ready for shipment,just awaiting other things to be sorted out etc. At least as an investor I can be certain that the company is still fundamentally strong.
2.Secondly,I realised there has been very few 8k and 10k SEC filings and financial reports for the last financial quarter and 2011,can Mr Eric explain and causes and factors for these happenings, to allay our fears and worries? Would becoming current and updated on financial affairs of the company coincide with the perceived forward looking company objective of meeting US$100MILLION in sales according to the investorshub forum?
I am always supportive,encouraging and very enthusiastic to get your response and invest my money with the company as I see tremendous potential in this industry and market, I hope you will answer my burning questions and allay my fears as I believe also other investors have the same misgivings and lingering uncertainties.
Thank you for your understanding and awareness of the situation on the ground.
From: Eric Grushkin (EricG@AAPBrands.com)
Sent: 26 June 2012 02: 05AM
To: 'samuel tan' (samuel_tan90@hotmail.com)
Hi Samuel,
Great and insightful questions
1) We have made several press releases in the past and we will continue to do so as circumstances warrant. We pledge to keep our investors informed and most of all happy. The KS facility opened earlier this month and is operating well.
2) The Company is currently delinquent on its SEC filings. I can assure you that getting all filings current is my personal #1 job priority.
We very much appreciate your interest and support of AAPT
Eric Grushkin
Reds0x88
Friday, 06/29/12 12:30:02 PM
Re: None
Post # of 78899
A Long on this board in i hub jail have been going back and forth email with Eric about the pics . They will have pics of both inside and outside with Pawtizer on shelves ect inside the DC . They have a professional photographer in the DC as we speak . They hope to have them posted on the website on Monday
poolguy1
Saturday, 06/30/12 12:32:21 AM
Re: Reds0x88 post# 20124
Post # of 78899
Hi RED thank you very much for sharing with all LONG AAPT investors and genuine hopefuls whats going on with the promise of new pictures of the DC as part of a more concrete confirmation and realisation of actual production and packaging and new products currently being developed in the facility. But can I ask if all this information was gotten directly from the Eric grushkin through the phone when he verbally said those things about real pictures to allay our speculative fears and build confidence? If it is then great we just have to keep our fingers crossed and time will tell.
Here another comment from early 2013 which shows the frustration with E.G.s all of a sudden conversion from Pauls to Saulus.
greenfan
Monday, 01/14/13 04:58:48 PM
Re: Alydyr post# 46459
Post # of 78899
So, Eric Grushkin "Independent Finance and Accounting Professional" that doesn't hold a CPA. Investment Relations that fails to respond to investors in a timely manner and releases a poison pill letter to a select group of them. Controller for the firm who made restoring their filing status to current the top priority but somehow just now discovered 8 pages worth of discrepancies he needed to share, just not to everybody. Directionally-challenged whistle blower who somehow found the address of private placement holders instead of the SEC or FINRA.
What a stand up guy. Everyone please join me in a great big round of applause for a selfless man who did "the right thing."
Conclusion:
1.) The mails from E.G. are clear in text and show the important status of himself
2.) Various posters here confirm that they were in regular contact with him by Email
3.) Some comments here even confirm that there were telefon-contacts.
Reading all this it can only support my conclusion, that E.G. played a refined double-cross game.
I calculate the Performance from the day when a Story stock got the Signal and I entered the market. And in case of DECN it was beginning of December 2013.In the meantime we had ups and downs as it happens with such stock, but even then, it outperformed.
At least S was not far off with the buyers-side.
Let me wish all a Very Happy New Year.
The block: Whoever it was, well done.
I did not say that I have correspondence in my possession. I said, it was shown to me and the reason why I have none in my possession is, because at the time of his corresponding with shareholders I was not a shareholder then, neither directly nor indirectly (Street Name) . But what I have stored are 2 Mails which were published in this forum and I would say, it covers all.
If one approaches this subject with no emotions one could see what some do not want to see.
In this sorry saga, everybody was part of it: E.Grushkin and the Management. In this saga there are no winners only losers.
Let’s go through it step by step.
Here 2 Emails:
The first from the period when E.G. and AAPT went to war. The second one from a period when all seemed well.
First a statement given by EG in 2013.
A) E.G. While I was still employed at AAPT, I also composed and delivered a letter via U.S. mail to all shareholders of record and as many private placement investors as I could contact by email.
B) "January I 0, 2013"
"Dear Fellow Shareholder,"
"Although I wholeheartedly believe that All American Pet Company, Inc. has developed"
"quality products and could grow into a profitable company, I regrettably, must now"
"inform you that I do not believe that the Company will ever be successful with the current"
"Board of Directors. I hereby solicit your support in demanding the immediate removal of CEO and Director, Barry Schwartz and President and Director, Lisa Bershan."
So far so good. In this Email from Janaury 10, 2013 he tries to distance himself from AAPT by actually saying: all would be perfect, but not with the present management.
But 6 Months before, the sound of the music was rather different with reference to the well-being of AAPT.
From: Eric Grushkin (EricG@AAPBrands.com)
Sent: 26 June 2012 02: 05AM
To XXXXXXXXXXXXXXXXXX
Great and insightful questions
1) We have made several press releases in the past and we will continue to do so as circumstances warrant. We pledge to keep our investors informed and most of all happy. The KS facility opened earlier this month and is operating well.
2) The Company is currently delinquent on its SEC filings. I can assure you that getting all filings current is my personal #1 job priority.
We very much appreciate your interest and support of AAPT
Eric Grushkin
CONCLUSION: One could then say, that E.G.’s Emails to shareholders were full of fabricated stories and the several press releases he refers to, as well. The text is not: AAPT or the Company, no his text carries the word "WE" means he saw himself as Person of importance within AAPT and his voice should be heard by the shareholders and they should trust him.
And by the way: . The Star Queens Transactions were not something that just happened, they were there, in front of the nose of the controller of AAPT and this for years and I have not found anything to the outside or a signed internal Memorandum which Shows, that he objected those Kind of Transactions. You cannot come out afterwards and say; those Transactions were not legitime, when during his period, they were legitime. And his text: I can assure you that getting all filings current is my personal #1 job priority. This text alone Shows: That he E.G. saw himself as the Person Nr. 1 in Charge for a very important file.
If those Transactions "should have been wrong based on his Statements in spring 2013" why were they then right in all those previous years? If most of the press-Releases from AAPT have been wrong based on his Statements in spring 2013, why were they then right in all those previous years. His Email from June 26, 2012 as a matter of fact, identifies him as part of the Club as he writes "WE".
And his calming voice to all at that time invested with reference to the filing-process gave a well-being impression to shareholders, that he E.G. is in charge and control. (my personal Nr. 1 job priority) Well well – not a small responsibility I would say.
But already months before this Email from June 26, 2012 when all seemed still in perfect harmony , the so-called white knight of innocence had his personal agenda already in store. Why else would he have registered a company on April 13,2012 with a name that sounded rather similar to AAPT. I would say as a hedge.
"...ON April 13, 2012 Eric Grushkin filed a Fictitious Business Name Statement in Orange County, CA for “All American Brands”.
Sounds very similar to “All American Pet Brands” doesn’t it ? What could have been Eric’s motive for securing this fictitious business name for his own personal use, and might it have had any bearing relative to his past efforts to oust Barry and Lisa from AAPT, and/or his departure from AAPT ?
Registration Number: 20126300118
Business Name: All American Brands
File Date: 04/13/2012
Expire Date: 04/13/2017
Business Owner: Eric Grushkin"
Somehow and for reasons not known to me, it did not work out with this business name. But of course the risk would have been to great so he found another name for a company but avoided to register his name.
See the below links to their website, and the State of Nevada corporate license info:
http://www.gawesomebrands.com/
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=FT5nEQiYFeCOtoc5u9qmBg%253d%253d&nt7=0
G THAT'S AWESOME BRANDS
Business Entity Information
Status: Active File Date: 12/6/2013
Type: Domestic Corporation Entity Number: E0585152013-2
Qualifying State: NV List of Officers Due: 12/31/2014
Managed By: Expiration Date:
NV Business ID: NV20131708317 Business License Exp: 12/31/2014
Officers Include Inactive Officers
President - LORI LACHENMEIER
Secretary - LORI LACHENMEIER
Treasurer - LORI LACHENMEIER
Director - LORI LACHENMEIE
Your unbiased vehemence in this sage reminds me of the question?
Who is guilty: The one who robbed the bank or the one that stood guard so the bank could be robbed? My answer to this: Both.
In this context: I Wish you only the best for 2015 and for my part, the chapter AAPT is closed for me unless the unexpected should happen.
Only in the OTC? I think the mortgage debacle that costed almost 1 Trillion in losses had nothing to do with OTC.
Well do not mix Holdings of Clients from Banks with Nostro from Banks. But this restriction is a sorry fact not only having affected DECN as a matter of fact, but all stocks from OTC.OB.
You just have to read the Forums in Switzerland and Germany and then you will quickly see how many Shares could have been dumped in the period October-December.
For Genstrip it would certainly open the market beyond the known borders if Walgreen would sell it under their private Label.
Something to think about and look Forward , when we open the champus bottle on New Years night.
Thanks for this.
At least for DECN there is a golden opportunity.
- Settle the case with J&J
- being cash-rich
- being en current with their filings
- Move ahead with Genstrip and maybe a new product
and then as planned upgrade and voila the Swissies and Germans will be free to trade with the stock again.
Not that DECN would Need this Kind of Money flow, as the US and the rest of the world is big enough, but Switzerland and Germany were large contributors for liquidity in those markets and therefore, their Liquidation call in late summer lead to selling pressure in a lot of OTC stocks. Some of the big market makers knew it for months and so it was plain-vanilla for them to operate the bid side for weeks. This at least will be over as of 31.12.
Just for the sake of good order.
I do not know an E.K. nor a B.S. never meet them never talked to them. But what is a fact, that I read some mails that were send pre 2013 to some Investors from E.G. and at least I am able to read and I am able to distinguish if the Sound of the message is bullish or bearish. As a matter of fact and this is more than visible in the filings: The big bulk of financing AAPT (up to 90 %) was pre 2013 and the Information delivered for the financing had 1 Sender: E.G.
I do not care if he played only the Messenger and the text was dictated by the Management, but reading the stuff and some comments I rather got the Feeling, that the Editor of those Messages knew what he wrote and he was not shy to describe the importance of his Position.
Do not worry about my Investment decisions. Markets can be played from both sides. Some remain static and some trade, being this the Long or short side. So, in case it was a horrible Investment for you it must not necessarily be a horrible Investment for others. It always depends on the Overall Position of war chest. Please, always Keep this in mind.
The weakness in the stockprice must make many People wondering what is going on.
Well, actually very simple and the process started already September 2014.
Swiss Banks in the fall of 2014 send out letters to their Clients, that as of the end of 2014 they do not wish to Keep US OTC stocks in their Portfolios any longer nor stocks trading below $ 1.50 unless those Shares were listed on NYSE, AMEX or Nasdaq.
Besides this, they informed their clients, that they cannot buy such Shares either in the future through their bank account.
As a matter of fact,it is a isolated boycott not understood by many but as a matter of fact it has to do with the struggle the Swiss-Banks have had (and some still have) with the Tax-Authorities in the USA which escalated after 2010.
The choices given were: Selling such Shares until 31.12.2014 or moving those Shares to a foreign bank or Broker who will not have those restrictions. As a matter of fact it meant: Sell out, or find a Broker or do it outside of Switzerland. Well then, the biggies would not have a Problem doing it through Dubai, London or USA (in case one has an account there) but the small retailers of course got hit.
Based on this, People of course had no other choice than to sell going into end of the year or if they would not do it, the Shares would be booked out worthless after 31.12.2014
This Kind of selling pressure can be seen by various other companies belonging to the OTC Club. As some waited in the hope that better Prices are ahead, they are now confronted with selling into the last days. But I would say, this selling Party should be over by now, as the last trading day is Wednesday and I cannot see People waiting for the last day.
http://tt.bernerzeitung.ch/wirtschaft/Zwielichtige-USAktien-in-Schweizer-Depots/story/11162581
http://www.tagesanzeiger.ch/wirtschaft/Zwielichtige-USAktien-in-Schweizer-Depots/story/11162581
Strange. Reading filings back as far as 8 years, "the German Investors" financed the Company from the start to 90 %. But then E.G. should have known this better than I do, as I had the pleasure to get the Name of this Company in February 2013 while being down in Florida.(my first entry on I-Hub is on March 2013.) At that time, the Headlines: All American Pet Sues Ex-Controller Who Leveled Allegations (date February 5, 2013)were already readable for everybody.
So your Piped Piper Monaco Story does not make much sense, even if it is repeated with almost every post. I recommend you study the filings pre 2013 and then you will see that 90 % of the bulk the "Germans" invested were before this time and not after this time. If it would be the other way around, how to you explain then the various mails those "Germans" received from Eric during the bull-cycle as well then during the bear-cycle. Why I know this: When I was down in Florida in February 2013 I meet a German who had his horses in the same stable I had, told me about AAPT and how much he had invested in AAPT together with a Group of wealthy Germans.
I for my part certainly will not judge who was more honorable, EG or the Appt Management as in this sorry saga, it takes 2 for a Tango. A simple DD work pre 2013 will Show you, that the Germans at the time, when E.G. still was with the Company,even sued the Company and then settled. It Was even mentioned in one of the filings.
So, with reference to this subject, I had enough insight into documents that put's then a big question mark behind E.G. when you title him honorable Gentleman. Who should take the blame for the mess is not my Business to judge, but at least it is fair to say, that having read various correspondences from E.G. to this People (and not from the Management) the Impression could then be given, that E.G. either was a dreamer and told his dreams to those Germans or he just kept them on the Status of "ill-information" so as to get more Dollars towards AAPT. Remember the old Quote: It is the one who signes the text being responsible for and not the one who thought out the text. And the Sender of those mails (Emails and mail-post)
To summarize: This lawsuit and here agree with you, was childish. If and when it would come to a countdown, there would be no winners only losers. It is like in the time after the 2008 mortgage crisis when some who were part of the game before the collapse tried to go against the System after the collapse. Never came out well once taken up in the Courts. So for both parties it would be better if the case is dying out.
Finally: If the stock is on a verge of being delisted or an IRS seizure is a Statement from your side and of course supported by others in this Forum, but then the old saying: Dead live longer could "maybe" fit the bill. But what do I know.
And what came out of it since December 2013?
Weekly Chart
Being invested in a story stock (DECN – versus J&J) has as usual it’s up and downs and every investor
Is looking for news that will mean an end to the ongoing saga, especially when the counter-party your
Are fighting against is a AAA multi-billion Dollar company. And despite all the hopplas, the stock did
Not that badly versus the S&P Index during the last 3 years as can see with the Correlation-Indicator.
We saw outperformance and underperformance, but not “underperformance” as such. In short: Since
DECN got the FDA Approval in late 2012, the stock did not that badly (as shown with a sep. chart) The
Weekly volume tells the story – the next time, the volume leaves the declining pattern, the story will
Be out and DECN I would guess, on it’s way to execute business.
What is left to get DECN out of this pattern?
1.) Filings out
2.) Settlement signed between the 2 parties.
3.) Cash in the bank
4.) The press will certainly take this J&J-DECN chapter up in Detail which will be a positive public-relation Event you could not pay for.
5.) This will put DECN on the Alert list of some who watch stocks in involved in litigation but do not want to get involved as Long as the outcome is not signed and sealed.
6.) DECN announces deals - direct deals and or private Label deals and more.
DECN would be back as Company, that became famous for having beaten J&J in Courts and this against all Odds and from there on will be traded based on perception of the huge market potential ahead . And of course, some Fundament is always healthy: Cash in the bank, no debt = strong cash per share Position. DECN would have a very strong balance-sheet which I am sure no other Penny-Stock could match and a market potential in front of the door which would not be questionned by anyone, as J&J is the best evidence that the potential DECN could grab is huge. If if would not be so, J&J would never ever have taken this round trip that cost them millions and some Reputation.
So, let's Keep the fingers crossed, that early 2015 will be the cycle of a new start.