Decision Diagnostics Corp (DECN)

[Leirum]

Bravo DECN

For my point of view, DECN should have done this before. The law permits this road and actually there are plenty of companies listed under “OTC Pink Current Information”. Nothing will change as a matter of fact. DECN still will be reporting but not under SEC Filings but under OTC Disclosure & News Service.

So the question by some is: Why did DECN chose this road. There are many reasons why companies are choosing this road but with DECN it is rather very simple. They had bad luck with their auditor company (together with other clients from this accounting firm) This former auditor company had to close the doors and some of those accountants are under investigation. So why should their former clients suffer and have to Spend 100.000ths of $’s for re-audit all the way back ? Does not make sense at all, so the solution is and was, take the road the SEC allows every company if and when certain criterias are meet. And DECN meets those criterias.

Does it hurt the shareholders? Nope absolutely not. I welcome everybody to tell me, why it should hurt the shareholder. The information flow will exactly be the same only the responsibility from the reports will be carried on one shoulder: The CEO of the company . And believe me, a CEO of the company has no interest to issue reports stamped with his signatures, when he is not double sure that all is reported as it has to be. The 4 or 6 eye princip will Count in this case as well.

In a way strange that some may think, that DECN would now be in a position of disadvantage and could not even upgrade. Rather on the contrary. They even have an advantage and they can upgrade. Critics should ask the question: Why the law should allow foreign firms going this road but then not US-based firms? A lot of reporting foreign companies – and I am talking here about billion-dollar companies left the quarterly reporting road and chose to join this segment.

Thus, DECN will become OTC Pink current information.

Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Pink Basic Disclosure Guidelines. The Current Information category is based on the level of disclosure and is not a designation of quality or investment risk.

Under the Pinky segment you will find a lot of companies who have capitalisation of $ 500 Mio up to 3 billion.

http://www.otcmarkets.com/market-activity/current-otc-market

Finally: Will it keep buyers away? Why should it. I have not found one company who chose this road, that they got hurt in the stockprice on the contrary all of them are in prices higher today than they were before. DECN can now fully concentrate on their J&J case on one hand and on the other hand on their business-side and prepare all what is necessary for an upgrade. Believe me: DECN has proven to chose the right legal advise in the causa J&J and they will certainly have an excellent advise from a SEC lawyer as well helping them to achieve the upgrade level.