Decision Diagnostics Corp (DECN)

[cvinvestor]

One should never expect litigation to be "comforting" or for the opposition to make your own case.

What the SEC filing is supposed to reveal is their main reasons and evidence for the need to have taken action to suspend trading in a company's stock and thereby, knowingly cripple or damage it by their actions. The "damage" being warranted when an attempt to stop clear fraud.

I've read a lot of PRs and been damaged by false claims of a lot of "reporting" companies. I was surprised that the SEC just states as fact that what the company has claimed in its PRs is false or misleading without having much information, or at least not providing much information in their filing of any proof other than KB's own answers to questions that multiple people have exposed as not being conclusive in supporting the SEC's premise of fraud, that's all.

One part of the website said all products were "cleared". Supposedly, it is an irreversible crime to not have updated every section and in KB's mind, he wasn't selling the product yet, so from a certain perspective, all products he was selling have been "cleared" as stated. The PP stated not yet approved, but instead of a simple warning to update the website, the SEC suspends trading. Interesting to see if the action/penalty is warranted by the "offense".

If the SEC has heavy proof and evidence beyond what they have revealed, what was it not included. Otherwise, we are in a shoot first and ask questions later mode vis-a-vis the current situation just because DECN has been working on a COVID-19 related product.

While the SEC filing is not comforting, it certainly isn't the lock down type of damning evidence and proof one would think is warranted.