Decision Diagnostics Corp (DECN)

[loanranger]

"Written down inventory is related with the packaging rules."
The rules that DECN had to follow were finalized in November of 2014. DECN reported having inventory on Jan 1, 2016 of $4,450. The company reported that they were creating an inventory reserve totaling $242,736 as of June 30. How did that happen?


"If you look at the footnotes, it clearly states that they will be able to sell those to international markets. When they do so, it will be a direct 100% gain on sales."
If that's true, then the value of the reserved inventory should not have been totally written off. Doing so resulting in shifting income forward improperly if that was done.