Decision Diagnostics Corp (DECN)

[Alydyr]

OTCQX application apparently denied.....

True to form DECN didn't bother to tell the shareholder. Instead, the bad news is buried (in a twisted fashion) in the 6/30/2015 notes. The SEC reference likely references the lack of audited financials (remember how I said DECN didn't meet the qualifications in the first place). The other crap is just nonsense. Excuses. So, the question becomes why didn't they communicate this (timely) to the shareholders?

From the DECN 6/30/2015 "Management Discussion & Analysis"....

The company’s stock currently trades on the OTCMarkets OTC Pink Current tier of the market. The
company’s shares are DTC eligible. On May 12, 2015 the company made an application for a tier change to the
OTCQX (common) tier. The company’s application is currently being supplemented to meet several recent SEC
penny stock rules, and the company has received a proposed solutionfor the penny stock rules issue from
OTCMarkets, but more importantly the company’s sponsoring brokerage unexpectedly and without notice
voluntarily shut down as of May 31, 2015. Thus, we are seeking a new sponsoring relationship. Prior to the
shutdown of this brokerage, the company did secure the approval of its Designated Advisor for Disclosure (DAD), a
mandated part of the process.