Replies to post #14442 on Decision Diagnostics Corp (DECN)

[Fufat]

Alydyr, I checked the filing and I found that between Series B-E preferred shares, the company can convert them into a total of 125 MIL. common shares. That wouldn't be good, but according to the September filing:

Series B 2,500 authorized....... no shares issued & outstanding.

Series C 10,000 authorized.....2,735 issued & outstanding converts to 2,735,000 common shares

Series D 500 authorized..... no shares issued and outstanding.

Series E 1,250,000 authorized...... 979,600 issued and outstanding converts to 13,714,400 common shares

Common Shares $494,950 authorized.... 34,000,879 issued and outstanding.

So as of the 9/30/13 filing there was a total of 16,449,400 common shares due to conversion from the preferred share structure. A safe assumption would be a total of 50,450,279 common shares outstanding.


JMHO.

GLTA!!!