Decision Diagnostics Corp (DECN)

[cvinvestor]

Tomorrow is SEC response deadline, unless they have been given an extension. That should shed some light on what they did or didn't know in response to the company's filing.

The one piece that would put an end to all the bantering would be conclusive test results, including those that we were told would be completed in a US lab by mid May.

Without conclusive test results, there are no sales regardless of how many millions have COVID-19.

That said, it may be possible that in the end the anti-body at home test gets approval while the other one that was designed to detect the virus/antigens does not. What that impact would be will depend on when that proves successful and receives EUA.

Right now, we have no clear test results data, and to me that is not an encouraging sign. If the company had it, there is no reason not to provide it as it would end all debates, get them off the grey markets most likely and roll in big investors and partners. Plus one would think that it would put them in the running for the gov special COVID-19 competition with up to 500M in assistance. A 15 second accurate test would be hard to beat, but there is no news on even entering the competition nor validation of test results.

Been a while since we had news with meat on it. I would not be surprised to see another PR before the posting of the SEC's response, but if it doesn't include test data or a clear update o the EUA process and where things are at, then....