Wednesday, June 10, 2020 1:06:00 PM
Which leaves 2 possibilities
(i) SEC are slow to update.
(ii) DECN did not file.
We know (i) can be true. I wonder what the record is.
But (ii)?
I think that is highly possible. Likely even.
I contend that the purpose of the 550 was NOT to contest the suspension and get back onto the pinks as stated. The people behind DECN know it is a scam, are guilty as hell, and always know the suspenion would be upheld.
The 550 was to smoke out the SEC and force them to disclose how much they knew about what DECN had been upto, and whether there might be more trouble coming down the pipe.
And if it strung along a few more of the unwary into thinking it might get back on the pinks at t5he same time, so much teh better.
Quite hard for DECN to formally respond without digging hole deeper I think. Hence the non formal response of the shareholder letter! Since this did not come from DECN, the SEC could not act against DECN for teh lies therein. And the SEC has no formal means by which to respond to the lies therein, as far as I can see.
They may as well have sent that letter to Santa at t5he North pole!
That letter was for YOU to read, not the SEC!
Because it got DECNs chosen and false narrative out there in a way that would not rebound on them and that the SEC would probably not be able to act on.
I could be wrong.
But I suspect that DECN will accept the suspension - which is basically an admission of guilt within the legal setting - while at the same time loudly crying FOUL in every public arena except the courtroom where it might actually have sopme legal bearing.
Don't be fooled. When this suspension is upheld, however that actually comes about, it means that the SEC have ascertained guilt, and sanctioned DECN for wrongful action, to the limit that they were able to, up until the point where further investigations and sanctions can be brought to bear. And that is not a fast process!
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