Decision Diagnostics Corp (DECN)

[SilverBack]

$DECN DD compilation. DECN has won numerous court battles against Johnson & Johnson for patent infringement etc. Now heres the real kicker. J&J is selling their division for over $2B that is being sued for which they won't be able to without settling first IMHO. No company would want to buy a division that has been tied up in courts for 7 years and lost every battle and inherit that kind of mess as it would be a huge liability for them.

https://www.reuters.com/article/us-johnson-johnson-divestiture/johnson-johnson-nears-diabetes-device-exit-with-2-1-billion-lifescan-sale-idUSKCN1GS1G0

https://ih.advfn.com/news/amp/77047270?pid=nmona&article=77047270&__twitter_impression=true

J&J has till mid June to accept the offer which can be extended till the end of the year of 2018 worse case scenario.

Now if I was J&J of course I would settle with DECN for up to $500M in order to be able to the sell the division to get over $2B. Business 101.


DECN chart tells the story!

https://www.stockscores.com/charts/charts/?ticker=Decn