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TRUST me when I tell you Diarch, Berman has made plenty of mistakes that have not went un-noticed. Berman's Arrogance will be his demise and our gain. Longs will have the last laugh here regardless of the J&J outcome.
A lot of us were beginning to think that Berman gave you some hush money. So when do you think the SEC will shut Berman Down?
Johnny, welcome back bro. We missed u.
no one should be trimming anything because when the SEC snaps Berman's neck we will all be compensated. Believe me. Wait until Berman sees the lawsuits that will be coming from his small insignificant shareholders. For as smart as he thinks he is he has left several holes in his wake lol. Stay Tuned boys and girls lol
It's ok diarch, There are a lot of powerful people on this board with very deep and true connections. Berman will not get away with what he has done or is planning on doing. If DECN's long-term shareholders are not compensated from either a buy out, merger, or lawsuit win ect... I know for sure that Berman will not be able to hide behind going dark to the SEC lol. Give it more time. oh wait I almost forgot to write IMHO lol.
Zeynoc, I really hope your right, but don't be surprised if there is no major traction being made. Some of us have been here since 2012 or earlier and have been let down year after year by overhyped press releases and financials that look like they were put together by 5th graders. Also, I know you have expressed your frustration with Berman for not communicating with shareholders, but he went dark with the SEC, which usually means he won't be saying much to anyone. The funny part about going dark is that it puts an immediate light on the company, especially one that is in a legal battle with J&J. IMHO
Scoop may be on to something with TAUG because we haven't heard much from Johnny in several weeks.
For those who didn't read the mgmt discussion in the last update...
"In March 2016 also retained a product source company called Retail Monster, to represent our products to large drug chains (“big box pharmacy”), large retailers, chain grocers and the like. Unfortunately the arrangement with Retail Monster did not succeed, primarily because a group of company shareholders and persons claiming to be shareholders poisoned our relationship Retail Monster. After these incursions by shareholders and persons claiming to be shareholders and although the relationship with Retail Monster remained cordial, the two companies decided to end the engagement on December 31, 2016."
WOW, now I have heard it all. Don't worry gang. The SEC is going to have a field day with this little gem. The DECN Circus will be coming to an end shortly and I have a feeling Berman won't be walking off into the sunset with a small payout of 10 million to shareholders like last time. IMHO of course lol
You can't make this stuff up
Wow, this is what it has come to for all of us long term shareholders huh? Truly left holding the bag!! Anyone have some connections at the SEC? So what's the game plan now? reverse merge with a new shell so we can hide all of Berman's sins with clean financials and pump and promote the stock to attract new suckers? You had it right Scoop. Just Rinse and Repeat. It's one thing to invest at your own risk but quite another when you have been robbed blindly by a corrupt CEO and BOD. So Now What?
I agree Root. We just need to hang in there because one of three things I feel will happen with this company. They will win the lawsuit, be bought out by J&J, or the SEC will shut them down and we will all be compensated accordingly due to a corrupt CEO and BOD. It may take some time but I truly believe it will be a win, win eventually for the small long term shareholders.
Does anyone know why the board of directors or Keith Berman have not added any DECN shares with all the good news DECN has received in recent months/years. Is this due to the ongoing lawsuits with J&J that makes it illegal to do so? I think its very strange at these prices that none of them improved their position in a company that states big things are on the horizon through their own PR releases. If they are legally allowed to improve their position then why aren't they? Again, something doesn't add up here.
With all the continued great news that comes out about DECN why has the CEO went dark from reporting to the SEC? This is a legit question that no one on this board wants to answer. The longs have been here way too long and have seen way too much hype to be let down yet again. We need to see some revenue and financials that make sense before anything major is going to happen here. The other concern here is that even if DECN does win more money from JNJ will "us" the shareholders see any of it. The first time around the amount was sealed and it was conveniently deposited into a fund that was supposedly being used for potential future lawsuits for or against. Like all of you I'm just looking for some sensible and factual answers relating to my long term investment in DECN.
Yeah King, Berman is sure looking out for his shareholders. Working towards a 3rd reverse split....Right?? He's been taking care of shareholders for a while now. lol
Great Question Ricanich. WHY did DECN file a form 15. Wonder how their going to spin this crap as good news for shareholders
DEFINITION of 'SEC Form 15'
A filing with the Securities and Exchange Commission (SEC), also known as the Certification and Notice of Termination of Registration. It is used by publicly traded companies to revoke the registration of their securities. SEC Form 15 may also be used to notify the SEC and investors of a company's intent to cease filing various required forms because their securities no longer fall under certain filing requirements.
BREAKING DOWN 'SEC Form 15'
When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class.
7800 shares traded so far today and its down over 6%????? What the hell are we doing here
I have been an investor in this company for a couple of years now and like many of you, I'm a little concerned with which direction this company is headed. The fact that KB would rather put money in a war chest for ongoing litigation suits instead of dumping money back into the business is definitely a little odd. Keeping funding in a separate account off the books and diluting the stock in order to raise additional money for marketing, product, distribution, ect... doesn't breed shareholder confidence. Does anyone know what would happen if J&J settles the NV case, which will bring another disclosed amount no doubt, and DECN just throws that money in some other subsidiary sub account that's off the grid again? We already know this company isn't compliant with SEC laws and won't be anytime soon unless some kind of merger is cooked up. Could this money be held from shareholders like the first settlement? If this becomes a reality I don't believe the SP will rise. I know we should just care about revenue, product and sales, but any positive victory this company earns should be shared with the shareholders both in the short term and long term. Just my opinion