Decision Diagnostics Corp (DECN)

[cvinvestor]

Well, from the comments posted here regarding the SEC action, the SEC is halting trading for what they cite as unclear or bad information in the market given by the company. It is suspending trading with various consequences to "protect investors".

The FDA is not about trading, it is concerned with the science and if DECN can provide the FDA with all the data needed to prove their test kits work, then FDA should proceed accordingly regardless of what market the company's shares are on. Some companies might not even have shares.

If the tests work and the FDA doesn't approve them, it would be foolish or corrupt or both.

The real question is: are the test kits real and do they work. Right now the SEC action does make DECN and Berman look somewhat like a snake oil salesman who doesn't have the goods.

If Berman can prove he has the goods, then he might be a victim of big pharma or someone out with a vendetta who doesn't want the product to come to market.

It's a wild scenario in either case and comes when I was just feeling better about the prospects.