Decision Diagnostics Corp (DECN)

[cvinvestor]

From reading what others have posted, what is the main reason he should file the petition to remove the suspension?

If, as others say, the resolution of such a petition is going to take several months, it won't stop the stock from going to Grey Markets in the meantime, would absorb not only his time and focus, but the results would only help to "save the reputation" of the company.

Meanwhile, if he focuses on finalizing testing and FDA EUA, then even if the stock trades only on the Grey Markets for a period of time (where it can't be shorted they say), he will both redeem the company and his own reputation by having, marketing and selling a test kit in the millions which wouldn't be able to do if he was knee high in paperwork regarding fighting the SEC.

I don't know if there are time limitations on the filing of the petition, but seems that being a small company and not having a lot of staff, the best outcome for shareholders, the company and his own reputation is getting the test kits to market and that is where he seems to be focused, which is fine with me.

My opinion is if he successfully completes the kit testing and FDA filings and gets EUA approval, all that will follow will eventually resolve the trading and liquidity situation as people more powerful and with more contacts than KB, will pressure or request MM to begin trading this stock. We might have to wait on the Grey Markets for a while, maybe even weeks or months, but that may help many of us from selling too early.

Just think of what might be the outcome if the stock is limited to the Grey Markets for 3 months until an MM have filed all the paperwork and gotten approval to put it back on the pinkies and in the meantime the company has release updates on manufacturing, orders filled, BackOrder list quantities etc and the media coverage this should get from multiple sources, including official listing on the FDA site?

Some of the suspended companies were suspended for true fraud and couldn't back up the claims and that is why the Grey Markets were the sign of death as the SEC desired to "protect investors". If DECN can't produce a kit that passes testing, Grey Markets will be the end for most. But if DECN can release a product that has passsed FDA required testing, its stock will not die on the Grey Markets. It just won't be able to be shorted!!! Yay!

I'm waiting for the testing and will be back after that or the next PR.

GLTA

Once again, better time spent reading the 3/30/20 Supplemental Disclosure document filed with SEC starting on p 15 (go to SEC orn otcmarkets.com to access) to get quick overview of product development.

Then you can read one of the scientific papers here: Non linear impedance spectroscopy

And then check out the credentials for the scientist largely behind DECN's impedance test strips here: Musho patents

If you read these 3 things above, taking less than an hour, you will be much better prepared to both understand the company's product and weigh all the comments on this board.

Pax et bonum.

GLTA IMHO

Back in May. Nothing to do about this until then or another PR.