Decision Diagnostics Corp (DECN)

[cvinvestor]

Have you read your own comments? "Technology perfected"is a key word. The technology has not been perfected is what SEC is saying. DECN has not perfected the technology if it is still being worked on and there's no validity data to substantiate their claim that it works. Those are misleading statements from DECN is the point.

If the CEO said that DECN is still trying to see if the tech can yield valid results then they wouldn't be suspended. Everyone bought this stock under the assumption that they are ready to receive approval whereas they don't even have data that proves this thing works or has been tested.

I agree that the SEC may have taken the statement of "technology perfected" to mean that it cannot be improved upon. But that is not the only meaning of that use. The word "perfect" comes from Latin meaning "whole" or "complete". Here's how dictionary.com lists the meaning when used as a verb:

verb (used with object)
to bring to completion; finish.
to bring to perfection; make flawless or faultless: He has succeeded in perfecting his recipe for chicken Kiev.

Notice the example given: He has succeeded in perfecting his recipe... It doesn't mean that no one could make a better recipe, it means this person completed the recipe he was aiming for and thinks it is his best.

That is how I believe, when you read all the PRs and Supplemental Disclosures filed by the company with the SEC in the past, it is meant. There were scientists who believed you could create a "simple device" based on non linear impedance spectroscopy:Japanese 2015 research - only one of several scientific research papers to detect and identify viruses.

DECN set about to create that device (i.e. test strip) using their already existing meters that use similar technology. They "perfected" (i.e. completed, finished) the technology to where their test strips worked with accuracy in their own testing. If you don't think that they had the "brains" to be able to do that, please also look up the links and posts to the scientist in South Korea (will multiple patents in the area of creating the materials for the test strips) who the company said came out of retirement specifically to work on this project, Dr Musho.

I agree that somebody in the SEC, for whatever reason (whether valid or not) looked at that phrase and said "impossible", fraud! Unfortunately, our knowledge of the English language, where words come from and how they can be used is not very high. I believe to shut down a company and all investments for this "interpretation" of the phrase is both wrong and suspect.

As to the claim that the test kits have never been tested, were that to be true, both KB, the company and the scientists would all have to be fools. No scientist and no company based on that scientist orders materials for manufacturing and hands their product over to a specialty lab to fulfill FDA required testing without thorough in house testing. Unfortunately, in house testing in South Korea does not meet USA FDA standards as they will not in most cases, accept clinical studies results conducted in other countries for a product.

Therefore, while DECN has had to spend time working with the FDA to finalize what testing and specifics had to be done for their unique product (remember, this is not an anti-body test kit for which there is a lower level of criteria to put on the market. This is a test kit to "recognize" the virus and state that the person has the virus, not the anti-body to the virus which is what all the other "rapid" 15 minute test are doing.

To make the claim that the company has no data on the testing kits is a false statement unless you have inside spies or information that no one else has. I agree that I do not understand why the company has not yet released any testing data in their PRs while stating that they are taking actions based on full expectation that they will be getting EUA soon. The test kits should be undergoing USA specialty lab testing shortly, most likely according to lengthy and highly detailed FDA requirements for this new type of test.

Those test results and only those test results will give us the answers as to whether or not what has been stated by the company up to this point is fully valid or not.