Replies to post #40107 on Decision Diagnostics Corp (DECN)

[nonsequetor]

And the spelling errors!!!

OMG!!!!

I understand the SEC was breathing down DECN's neck because of those spelling errors!

The spelling errors were a constant topic on this board for days... months...

They alone almost got the company tossed to the greys!!

[DrZem]

"How close was the company from being tossed to the greys?"

IMO, DECN being forced to be a grey sheet company was not a concern. It's unclear to me why there would be a different opinion. Please educate me as to why.

[loanranger]

Not exactly, no. If your point was that the Form 15 prevented DECN's being relegated to grey sheet trading for failure to file as an SEC filer, I think I addressed it here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127380765&txt2find=grey

I don't think that DECN was close to being kicked to the greys for that reason at all...if I remember right they were Pink Current at the time. History shows that the SEC doesn't care much about suspending companies that are Pink Current unless they put out some false and /or misleading information. It would be interesting to know specifically why Berman REALLY filed the Form 15, especially since he was simultaneously saying that he would be looking to file under Regulation A in his OTCMarkets filing (which requires filings very similar to that ofr the full SEC requirements). Obviously the SEC disclosure requirements are more stringent than those of OTCMarkets...think that had something to do with it?
One last thought. When I first looked at DECN I noticed that they had hired and fired more auditors in a relatively short period of time than any issuer that I have ever seen. They may not really want one.