Replies to post #41780 on Decision Diagnostics Corp (DECN)

[scoop9]

I don't think it's ever a good sign when the most toxic Preferred series,a series that has been dormant,is suddenly being amended.

The lack of communication from DECN,in the first year of launch,has been stunning.

A flury of PR's in January and February and March of last year....and then basically nothing since.

Now why in the world would you invest in a Company who holds it's shareholders in such low regard?

CEO gets a flat "F" for visibility and transparency.


Scoop

[nonsequetor]

I suspect

Yet, DECN says:

We have not issued any shares of
this issue of Preferred stock

Series “D” convertible preferred stock
We have designated 500 shares of our $0.001 preferred stock as 2012 Series “D”. We have not issued any shares of
this issue of Preferred stock. Holders of series “D”: convertible stock shall not have the right to vote on matters that
come before the shareholders. 2012 Series “D” convertible preferred stock may be converted immediately upon
distribution. The number of shares into which one share of 2012 Series “D” Preferred Stock shall be convertible into
common stock shares is 1 for 120,000 shares of $0.001 par value common stock. 2012 Series “D” convertible stock
shall rank junior to all other classes of Preferred stock in the event of liquidation. Holders of 2012 Series “D”
convertible stock shall not be entitled to a mandatory monthly dividend.
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