Decision Diagnostics Corp (DECN)

[cvinvestor]

And if they have and the SEC doesn't post it, it wouldn't look any different either, just as it didn't appear the SEC had responded by the May 20th deadline when on May 25th there was nothing, not even DECN's amended May 15th 550 Petition.

I, for one, do not think DECN filed a 550 Petition and then would not use the opportunity to respond to the SEC documentation, which on face value, was not very strong or convincing. Maybe the SEC has a lot of hidden, solid information it is sitting on for some reason, but most of what they pointed out as false and misleading was neither based on the reasons they gave for it. As someone following the company since March and reading the PRs, neither "technology perfected" or Pre-EUA letter response made me think the product was going to market at that point. The PRs were consistent and steady in stating the process and needing EUA.

Now, I would be interested in actual proof that the company never had a working prototype, never tested the proto-type against COVID-19 blood samples in Daegu, etc. If those things are true, then there is no doubt KB misled the public and shareholders.

But to the extent 3rd party people make all sorts of claims and pump a stock as happens every day in the market, no, I don't see the SEC Suspension and filings as appropriate.

If DECN didn't respond by the deadline, how long before the SEC Commission posts a ruling in favor of the SEC Suspension (by default)?