Replies to post #18518 on Decision Diagnostics Corp (DECN)

[Leirum]

Let's speculate on this one.

DECN will have Zero-Debt and the reason is, that I expect the O/S being around 40 - 45 Mio Dollars. As of the last 10 Q we had approx. 35 Mio O/S.

The supply in the market came certainly from debt-financing, means conversion of loans into equity. This explains the Performance of the stock of course.

Let's say it would be 45 Mio O/S this would mean approx. 10 Mio shs issued through conversion notes. Taking an average Price of $0.40 per share this would mean $ 4 Mio.

Money is needed for the court-case
Money is needed for covering GA costs
Money is needed for Commercials and
Money is needed to pay for the acquisition of Sashta and
Money is needed for production of the Strips.

All in all I would guess, clean balance-sheet and plenty of Cash.