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Re: IPwatcher post# 96842

Monday, 12/12/2022 9:33:54 AM

Monday, December 12, 2022 9:33:54 AM

Post# of 97078
One would hope the Feds dig very deeply into Berman's finances! Think about it. He claimed never taking a salary or any money out of DECN. OTOH, he seemed to live a rather comfortable (lavish?) lifestyle. It would seem virtually certain DECN, buying the PharmaTech subsidiary from Berman, greatly helped his personal financial picture. I don't believe the buyout conditions were ever disclosed to the DECN shareholders. Plus, Berman was most probably paying himself healthy license fees for the passe' diabetes patents, as, if memory serves, he personally held the rights to the patents, not DECN.