Decision Diagnostics Corp (DECN)

[IPwatcher]

Virtually all of the possible scenarios suggest there isn't much for DECN to live for, but we don't know about Berman's financial dealings, which may "encourage" trying to keep DECN afloat. Losing big-time money every quarter is a problem, particularly given the SEC's civil suit and the potential shareholder actions on the horizon. DECN will need lenders to survive and lenders, even toxic lenders, will not like the clouds hanging over DECN's head.

But were those quarterly losses even real? Or was that just a way to funnel proceeds of sales from the diabetes strip business away from the DECN shareholders and into Berman's accomplices?

I guess we will find out one way or the other as this plays out!