Decision Diagnostics Corp (DECN)

[1mort]

Are you suggesting the DECN Board will not approve this deal? for the November final? - this looks very nice - coupled with our LOW Float - "the Company has received a Term Sheet Agreement for a $12.5 million revolving credit line from Alpha Credit Resources, LLC, a division of Platinum Credit Management LP of New York, NY. The new $12.5 million credit line will be totally equity free (no share dilution) and when matched with the company's current 1.8X sales turns per month (velocity), this credit facility will finance company sales of its GenStrip product line through $250+ million annually. The closing of the credit line and initial take-down is subject to DECN Board approval and the usual and customary documentation required for commercial credit and is expected early in November."


Is there any other penny with so much potential? I think not. GLTA