Decision Diagnostics Corp (DECN)

[cvinvestor]

livefreeordie. If you are looking for the science upon which the company has based their test kit development, you can find one of the scientific research papers here: non linear...

The company gives a pretty detailed and transparent account of how they came to consider developing these tests in their Supplementary Document filing (start p 15 overview) here:Supplemental Disclosures doc 3/30/2020

Anyone who objectively wants to examine the data or whether the claims are "fantasy" etc. should at least take the 30 min to read both the portion of the supplemental document overview of how these test kits came about and one of the scientific papers it is based on.

I have found the PRs issued since March pretty informative and revealing of detail, though also containing the usual sales pitch most PRs have such as "up to 525M kits". I think the SEC should suspend trading in Sears, Best Buy, Macy's and every other company that regular claims "get up to 80% off" this or that when you can hardly find any product on the entire store over 40% off as there is a lot of mis-leading information out in the market.

I don't know KB, some claim on this board that he doesn't seem to have the capacity of being honest or doing anything right. It all comes down to the test kits, which he didn't design or build: DO THEY WORK?! If they do, then I can't find anything but plans and projections with lofty expectations in his PRs, but nothing nefarious or misleading or criminal to anyone who can read.

If the tests are totally fraudulent, then he would be the biggest fool ever, since there is no way he could have succeeded in avoiding legal repercussions filing paperwork and making claims in a PR with lobbyists and media for a product that either doesn't exist or could never work.

Or he happens to be an extremely fortunate man that his manufacturing plant for glucose testing just happened to be located in the heart of the outbreak in Daegu, South Korea, temporarily shut down and his platform for glucose impedance testing just happens to align with research done 5 years ago by unrelated scientists who discovered and proved that not only can viruses be discovered using similar technology, but they can be identified and distinguished one from another.

I'm betting on KB not being the former, but the latter and that's why I'm holding my shares until we get the test data back. I have to believe that they built enough kits in South Korea and tested them extensively there before filing paperwork with FDA and releasing a PR this week about asking for special conditional EUA consideration, i.e. he is totally confident in his product and it works and that is why he said that they had "perfected" the technology. The word "perfect" in its roots, means "complete", "whole", so they had "completed" the technology to make the test kits work.