Decision Diagnostics Corp (DECN)

[CADguy57]

Does anyone know what the SEC regulations are regarding this M&A that is supposedly 6 weeks off? At what point/timeframe does DECN have to announce who the M&A is with, and what the conditions are? I'm concerned because of another medical company I was involved with. The "owner" transferred all IP and patents off to a shell company just prior to the employees getting the stock options they were promised in lieu of higher pay. Once the dust settled, the employees owned a box in the back of the warehouse. As KB has hidden the initial J&J settlement, what is to prevent another clandestine transfer?