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Re: dankdamp post# 22706

Sunday, 03/08/2015 4:25:12 PM

Sunday, March 08, 2015 4:25:12 PM

Post# of 97093
I fully agree with you.

DECN as a fully reporting Company would get a different Kind of following (not in the Forums) in the markets.

Due to newer and stricter rules, those in Charge of Managing funds for third parties are not allowed any longer to invest in companies that are not up-to-date. I personally know from friends who are Portfolio Managers and advisors of small-caps, that they consider DECN a very intersting Play, but can do nothing, until and unless DECN is back reporting.

Having said that about stricter rules, then of course the same is valid for those putting their stamp under the financials. The new Auditor certainly cannot be blamed for what has been done wrong by the former accounting firm and this from my Point of view explains the delay. What is clear as well, a Management cannot put pressure on Auditors to move ahead in high Speed (those times are over) but then I guess, it won't take too Long anymore, as the new Audit firm is now on this for a rather lengthy time.

Having said all this, for those thinking that a Company in a period of not filing would have a free Agenda I must say: Nada, on the contrary the new rules are clear on what you can do and what not during such a period.