$DECN - SEC suspending is good for DECN to answer the queries There is so much confusion with everyone posting their concerns over this or that. The TEMPORARY 10 day stop of the trade is to allow DECN to "step up to the plate" or maybe this is easier to understand...Taken from the SEC report:
Those questions relate to, among other things, (i) DECN's statements claiming to have "technology perfected" to allow it to manufacture and sell a COVID-19 test kit that would provide results "in 15 seconds, based on a small finger prick blood sample," and (ii) DECNs sales forecasts for the COVID-19 test kit that up to 525 million test kits would be sold in the first year of production.
So... DECN will demonstrate that the kit will show results within 15 seconds. PERIOD. (doesn't matter to the SEC if accuracy is only 5%) they want to see the test complete itself, AS PUBLISHED,within a 15 second timeline. And that DECN can produce "UP TO 525 million test kits would be sold in the first year of production"So... I will buy a test kit within the first year and then that SEC concern is met. PERIOD. And yes... the SEC has asked for those two items. I have left a link to the SEC filing in case anyone wants (or needs) to review it. Here it is: https://www.otcmarkets.com/stock/DECN/news/SEC-Suspension-of-Trading?id=260085