Decision Diagnostics Corp (DECN)

[Jelly Bean]

I didn't realize you went back that far to the DECN reporting days! Someday if you have time, would love to get a quick overview of the history back then. Were their books audited quarterly? Did they have an independent board back then? Did he somehow can them? Those kind of things.

I can help a little here:

Were their books audited - not quarterly, they were audited yearly. But he did use to report quarterly under SEC scrutiny. However, the books rarely ever added correctly and were consistely pointed out by various message board poster. Loan Ranger knows about this. the company always lost money no matter how rosey a picture was laid out. berman has performed reverse splits and written off millions in receivables multiple times. It is highly speculated that hte last reverse split was done ot wipe out shareholders and get the total shareholder count under 500 so berman could file in order to not have to report to SEC.

As far as auditors...berman went through them like pig poo. There was always the obligatory auditor letter saying they were leaving peacefully but there were so many changes you just had to think they took one look at his books and went "oh, hell no!" At some point berman got hooked up with an associate of his in NV and somehow the guy got in legal trouble and berman could get his paperwork back. He also used this as a reason to stop filing with the SEC. Turns out the guys address is the same as the address that berman used for his NV business registration.

The board never consisted of more than three people. One of them resigned several years ago. and the Jag dude that recently resigned tried to resign some time ago but came back. But, lets face it, neither of those guys were ever active. Other than that berman has been the entire executive branch of this POS.