Decision Diagnostics Corp (DECN)

[loanranger]

"I have checked this morning with the owner himself"

If you did indeed speak to Robert Herskowitz this morning I hope he told you these two things:
He received 100,000 Preferred E shares "for services" valued at $6,000 on 1/16.
He converted 100,000 Preferred E shares into 1,400,000 common shares on 2/23 on which date the shares closed at $.0505, giving those shares a value of $70,700 as of that date.

I hope he told you those things because that is what DECN told the investment community.
When he originally acquired the Preferred E shares that he converted on 2/23 and what he gave in return for them doesn't alter the above set of facts, assuming they were reported accurately in the DECN Quarterly Report.


Did you ask him what "services" he performed by any chance? Venture service capitalists don't typically perform "services".