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If they violated the prospectus that is a securities violation and could lead to lawsuits.
Yes, I meant to write Ramp Corp. I should have proof read post. It would an absurdity to link Mr. Berman to a legitimate company.
Thanks for the correction!
Rand Corp was just another one of Mr. Berman’s failed companies. It is truly amazing that Mr. Berman is still the face of DECN. When you do the math on the reverse splits this company would have over 225 billion shares out. Berman seems to sucker investors
Mr. Berman appears to be a penny stock CEO, that has never given shareholders a legitimate return and he has never lead a successful company. They are all bankrupt. DECN was essentially bankrupt also, that is why they did massive reverse splits and changed names.
Trading in the .06, must have been another new dump of Crony shares.
Looks like Mr. Berman has this trading solidly in the .06 range, but the good news is fake financial reporters will state DECN is up 50 percent from the lows. Sooo exciting!
Decn up 86 percent. Are you kidding? Did they forget to mention that DECN quadrupled the outstanding shares and lied about 2017 orders.
They could not penetrate Lifescan’s 2 billion dollar market share, now they think they can penetrate a 6 billion dollar market.
We are all hoping for good moves for TAUG. So far I like what they are doing.
It is hard to believe that Mr. Berman is still in control after taking this company to 250 billion shares and never making money in 15 years.
Why isn't anyone defending Mr. Berman for 250 billion shares, hundreds of millions of dollars in shareholder losses...
Just one pump amd false promise after another. I bet there was a massive dump of newly minted shares in December.
Looks like the .04 prediction could come through. Ther will never be real interest from stock market until they get audited financials.
I doubt that investor made money and he was smart to sell after a call with Mr. Berman. He knew this was fuff n nutter.
Looking like we might see 5 cent DECN. Way to go Mr. Berman. I wouldn’t be at all surprised if the massive selling lately was from a new round of dilution.
Of course Mr. Berman is making money. He use to take at least $350,000 in cash. Add to that that Berman has been part of issuing 225 billion shares in this company you know he is getting compensated. How much money is sent off shore, South Korea as an example.
Berman’s wife is just a nurse or teacher, so he isn’t living off her checks. She might even be retired as Mr. Berman is nearing retirement age.
She was also a DECN consultant.
Under Mr. Berman the outstanding shares would be 225 BILLION adjusting for the reverse splits. That is mind boggling. And he has never given any shareholders but cronies and himself a return.
No profits? All losing companies. Mind boggling to say the least.
Looks like Alyr was right, this might hit .04. How old is Mr. Berman? Anyway, does he have severe diabetes? Is his mind having some hiccups? he seems to repeat the same nonsense over and over.
Mr. Berman is a lousy CEO, classic case OVER OVER promising and UNDER UNDER delivering.
The current stock price is not relevent to anything, the settlement just occurred. Stating a company has sales and a product is not a great indicator either. Take the Company that wanted to merge with DECN, adjusting the PPS to all the splits gives that .0000 factor, worse than TAUG.
The settlement forTAUG just happened and some time should be allowed for Seth to put a plan of action in motion.
What experience have you had in evaluating a reverse merger like the one TAUG night consiider in the future? TAUG has been consistent that they are considering M&A opportunities and if you have valuable experience maybe you could offer a hand.
DECN trading at .08.. I suppose that is not a shock to anyone. Mr. Berman really capitalized on this historic bull market. Could anyone have asked for better market penetration of diabetic strips than Berman has delivered to shareholders.
Looks like DECN shareholders are getting the usual lump of crap, I mean coal in their stocking again.
Maybe Mr. Berman is losing his mind. Could he have hit himself in the head to many times answering phone calls from angry shareholders?
Mr. Berman is not being truthful with you, but you should know better. DECN should reaudit the years that are in question, just like TAUG did. Further DECN should have sued the auditor for whatever missing paperwork was needed or filed the appropriate complaint. The Nevada complaint just mirrorde the PCAOB and did not state anything about missing documents.
Mr. Berman clearly lost control of DECN financials and is unable to provide investors with audited financials. very sketchy for sure.
So instead, Mr. Berman intentionally and deliberately put DECN into a dark filing status hampering killing any potential analyst coverage and putting DECN in a horrible position to raise money.
Good Post! Hopefully the bean counters at DECN will make less mistakes counting the J&J money than he does on his Finacial Statements.
Everyone is critical of Seth for companies that did not succeed despite his being involved in stocks that did well. It was stated a long time ago that he was involved in VTGN. That stock looks like it could be a huge winner. It traded 40 million shares yesterday.
I dont know if Seth is still involved in VTGN, but while everyone is quick to jump on the past but I think we should look to the future. Perhaps Seth can acheive a great M&A. I can wait.
I do not own any VTGN, just follow it.
DECN Price per share down 80 percent from the high of 2016 despite Johnson and Johnson patent being found void.
That speaks volumes!
All DECN shareholders for the last 10 years are witnessing the proof of the incompetence of Mr. Berman. Look at the DECN history for proof. Mr. Berman destroyed DECN progress for years by hanky lanky with financials. No legitimate company is so incompetent they cannot provide audited financials to its shareholders.
I agree with others, even if lawsuit has modicum of success shareholders will not benefit very much if at all. Mr. Berman will benefit. My. Berman’s modus operandi is easy to read based on his track record. Screw shareholders and attack any dissenters while repeatedly trying to pump stock with fake hyped up news and message board leaks.
Mr. Berman intertwined himself in several other companies affairs. Still Mr. Berman now claims to have helped TAUG settle its lawsuit which is not true.
DECN, is a very risky stock. If Mr. Berman croaks or becomes ill the DECN shell game is over and investors lose everything. From past images I recall Mr. Berman being very heavy and he is not a spring chicken.
Perhaps Mr. Berman's paid consultant wife can take over company if he croaks.
You are accusing Mr. Berman again of illegalities.
I don't see that I wrote that. But Mr. Berman has intentionally decimated shareholders with back to back reverse splits. Most of the press relaeses have claims that are untrue. Virtually every financial filing is riddled with mistakes a first year accountant student would not make. And, why would anyone trust a CEO who went to a non SEC reporting status because their financial records are such a mess they cannot even get an auditor to sign off on them.
If I recall last Quarter stated the funding was in a bank and being transferred, that did not happen.
And what happenened to the $17,500,000 in orders that Mr. Berman stated would happen in 2017. 2017 is almost over but sales are still pathetic.
TAUG CEO likes DECN CEO Mr. Berman so much he shares his text messages and overweight images of Mr. Berman.
That makes as much sense as everything else Mr. Berman thinks.
I recall you stating this lawsuit cannot fly. Could you post links to any of your predictions that have been accurate?
Dilution would have happened anyway due to the malpractice, that is hardly TAUG fault
One only needs to read your past posts, and those past text messages. I stopped following this dirty stock, but I am curious;
Where is the money about to be transferred?
What ever happened to the $17,500,000 in orders from South America that were for calendar year 2017?
In someones imagination, like shady CEO.
You must have TAUG confused with DECN. If Reverse Split is done properly and stock goes higher everyone wins. Key is doing it on good news and having good follow up news.
And how have TAUG shareholders benefited? The stock is trading at cash value only now the spoils of the insurance payment will be split 2+ billion more ways.
As you know from your close relationship with DECN and Mr. Berman settlements are not disbursed to shareholders. Your comment seems reckless particularly since you were Mr. Berman’s parrot blocks ting that the lawsuit was not worth more than $250,000.
The dilution and expenses from TAUG not being fully reporting would still have occurred. Cowan and the insurance company were still under an obligation to cooperate and assist TAUG with the work papers, instead they held them for ransom.
When you previously posted that TAUG could have merged with DECN and DECN had $2,500,000 at the time you fail to state that that hair brained scheme of merging with DECN with TAUG to create a new company was as legally flawed as Berman’s lawyer prediction that the TAUG lawsuit was not worth $250,000. As Johnny has pointed out that rule was not meant for one company to hid its fiscal malfeasance by merging with another company without a significant change in ownership. TAUG shareholders would have gotten pooned in that deal as the 7 percent exchange would have been diluted away. There is still quite a bit of dilution on the way for DECN.
TAUG now has a fresh slate and at some point the cap structure will have to be changed, I assume a RS. The difference between a DECN RS and a TAUG RS are striking. TAUG has made it known that the are looking for an MA partner and every shareholder is on notice. There is a great opportunity to dollar cost average or for new investors to buy. If the MA is a success, everyone wins and could win big. DECN RS were strictly to wipe original shareholders out which has effectively been done. Since the RS DECN has diluted 1000 percent. I think TAUG was smart not to entwine itself with DECN despite your claiming they HAD $2,500,000 in the bank. TAUG mows has more money banked and trades at cash. 2018 Seth needs to come through and shareholders should be fine.
Where did all the volume go? this seems to be a replay of past stock pumps...
I expect a 1000 percent or more return here. Hopefully you make some money too. Pilus will not be dismissed in damages although they could give the valuation a haircut.
When will the updates on the New Jersey Board of Accountancy complaint be provided. Will it upload to the Cowan malpractice website. That site needs some updating!
http://cowangunteskicpamalpractice.com/
This report doesn’t make any sense. It is hard to believe a CPA wrote it. They obviously decided to be very selective in what they showed and told him. It does reference the AICPA which is the same as the NJBOA but it doesn’t mention all the violations by collect that contributed to this mess, or how they expected TAUG to pay for an engagement of a new auditor after the Censure. No CPA in their right mind would come to the conclusions presented in that filing.
Why didn’t he attach the exhibits that he referenced such as the engagement letter. Or the fact that going to Teske defrauded TAUG by billing $25,000 to reaudit 2014 when the Defendants were prohibited from doing that audit.
It seems to me like this firm has been given very limited data and being set up to be a punching bag on the witness stand.
Entering into a loan is not a death spiral finance per se, there needs to be a trigger and the trigger was the malpractice that Cowan concealed from TAUG.
He should be asked why the insurance company and Attorney Herzog did not mitigate this claim? Clearly they intentionally threw gas on the fire. This claim should have adjusted properly by the insurance company but it appears that they were more interested in using Attorney Herzog to strangle TAUG.
Did the insurance company direct Attorney Herzog to violate the Bar rules. He is a purported Accounting malpractice expert so he should have known the rules.
Here is my domain idea..... attorneyherzogisunprofessional.com
With CEO constantly investing and retiring notes I think any firms that sold anticipating lower prices from more share conversions made a big mistake even though they nailed down profits. I wonder if any of these companies sold shares in advance of conversions thinking they could always buy them back lower if conversions dried up.
That could create an interesting scenario with a good litigation win.
With a top 10 law firm representing TAUG, every violation will be methodically exposed.
.because you can't file a shareholder derivative suit against Cowan no matter how much enjoining you do without asking TAUG to file the action first. And they would then have to decline to do so.
If I am not mistaken, didn't you state that you could not file a limine motion to include evidence?
As with the entire TAUG shell argument you might want to consult an attorney.
It is apparent to all that not only is this lawsuit flying, Taug has a great law firm, there is a jury trial, the trial is in November and that the judges did see through this case; only not how you predicted. They see what the Defendants have done and are having none of their BS anymore.
Nixon Peabody is one of the most respected firms in the country. For them to want to represent TAUG is a very interesting turn. The finish line is getting closer and closer.