Decision Diagnostics Corp (DECN)

[loanranger]

"I didn't know that the discussion of Trademarks was placed in the financials and/or footnotes."

Of course it was....I stated the source and quoted it in my original post:
Guessing games from the latest quarterly report:
"As a part of the company’s strategic plans, we have applied (to register) for seven Trademarks with the USPTO. The company’s Genstrip product is a registered Trademark of Shasta Technologies LLC. Our applications were filed with the USPTO in 1Q and 2Q 2015. The company intends to use these Marks, as granted, to brand new products, rebranding of existing products, and the establishment of a family of Marks associated with our company and its place in our industry. As of August 10, 2016 the company has received registration confirmation from the USPTO for the following Marks:
“Alltara!”
“GenUltimate!”
“Discretion Messenger”
“GenSure”
“GenChoice"


It's on p.13 of the Supplemental Disclosures.

I don't know how anyone could miss it. It's sandwiched right in between this threat, which is almost certainly an idle one....
"In August 2016 the company settled an insurance matter with Shasta covering legal fees associated with the 2011 and 2012 lawsuits brought by Lifescan, Inc. This settlement included a stipulation by Shasta to cease contacting and sharing confidential documents with persons who identified themselves as DECN shareholders. The stipulation does not preclude the company from pursuing Shasta, its principals and these “shareholders” in its omnibus lawsuit brought against Shasta et al. in 2014. The company plans to amend its 2014 complaint to name additional Defendants including those persons who owned stock in the company who may have traded stock in the market based on information provided by Shasta.

....and the discussion of capacity that avoids revealing the actual production capacity for the ongoing product (GenUltimate!) by including it with the capacity of a discontinued product (Genstrip 50) and leaves "a mega- retailer that we have contracted with" unidentified.
"The company’s capacity for Genstrip 50 and GenUltimate! production is now 500,000 packages per month (50 strips per package). Recently, a mega- retailer that we have contracted with has requested minimum inventories of finished product of 350,000."


It's smack dab in between those things. Need a link?


Your CEO friend provides a whole new set of distractions on at least a quarterly basis. Sometimes they're in the numbers in the form of bad math and sometimes they're in the form of false/misleading information in the text. You just have to read the reports that he provides to find them. Maybe you should ask him not to duplicate the two dozen paragraphs of text that he includes in both the Supplemental Disclosures and Management Discussion.....it's totally unnecessary and the nonsense would be a lot easier to find if he did. But I'll bet he knows that. It's just like his litigation strategy...what he lacks in truth he makes up for in volume.