Decision Diagnostics Corp (DECN)

[Leirum]

No Problem with that as the 10Q's do not have to be audited compared to the 10Q and multiple mistakes come up almost in any other filings from companies. It does not mean it should happen but it happens almost with any other Company and
as Long as material mistakes - plus or minus - have no effect on the stockprice and or Overall valuation, no adjustment has to be made. The Terms are clear: Material effect or Information is then given, when it negatively Impacts the valuation of a Company or the stockprice. At the end it is the Auditor that considers wheter uncorrected and undetected mistakes have material and pervasive effect or just material and not pervasive. In simple words, as Long as the misstatements in wording or amount is minor and does not affect the Price on both sides of the game.


But of course mistakes should be corrected with the next filing and at least will have to be corrected with the audited 10K Report. That DECN is in excellent Company Shows the comments from the biggies, when they have to correct and adjust certain figures on their next Report. There is no day passing by during the filing season, when the biggies will not have to correct their latest earings or losses per share.

In the causa DECN

A difference of $ 196.000 divided by roughly 7.9 Mio capitalisation means 2.48 % or if the present stock Price is $ 0.15 it would mean 0.14628 a small difference of 0.00372 per share. The funny part is and must be, that the market is seeing it through my eyes as well, as the stock reacted up since the filings were issued on August 14 by 15 %.

Not bad at all I would say, themore as the volume Points to buyers with deep pockets.