Replies to post #48150 on Decision Diagnostics Corp (DECN)

[Alydyr]

Oh really? So why is the distribution of these ESOP shares not properly documented in the 3/31/2017, 6/30/2017 and/or the 9/30/2017 quarterly filings?

You cannot have it BOTH ways.

[scoop9]

Pluto,unless you can link me to the Federal governance site where ESOP qualifications are laid out,that's flat out wrong.

ESOP's are unique animals.

It is a structured "ownership" plan for employees. It acts as an incentive for those that are directly employed by the corporation.

Non-qualified stock options(NSO's) or,as has been being done by DECN for years,simply issuing stock for "Services rendered" are completely different,and would be appropriate for Consultants,Lawyers,etc.

The ESOP designation for share issuance,and any special tax treatment being applied,misrepresents for what and why stock is being given out by DECN.

But If I'm wrong,a posted link which highlights the exception will bring me up to speed.


Scoop

[scoop9]

"Conservation of cash is a big deal for small companies."

No,dilution is worse. Anytime you give out ownership it's always a last resort.

That's pretty basic business acumen.

That doesn't apply if the CEO of the company doesn't care,and has a history of using share issuance as if it were a cash printing press,creating liquidity and viability out of thin air at the expense of the common shareholder.

Which is exactly what's being done at DECN.


Scoop