Replies to post #48609 on Decision Diagnostics Corp (DECN)

[zalicuslicious]

There are many times a guilty party never gets convicted...nevertheless, it does not take away the intent, so one must read between the lines sometimes...although the legal system generally works most of the time, white collar crimes are sometimes not easy to prosecute.

[zoran]

Great post Nons, great post!!

[Johnny_C]

Of course Bozo Berman was named in this lawsuit. He was the CEO and the suit paid out almost 10 million dollars to wronged shareholders.


While Bozo DECN CEO Berman was CEO of that company, he was accused of doing the same things he has done here, bullcrap press releases and financials.

Bozo Berman was ulimately fired and did so much dmage the company went bankrupt.

What BOZO Berman did for DECN is worse, he wiped out shareholders with a 1/80 followed by a 1/4 reverse split. Then he took DECN from 10 illion shares outstanding to nearly 200 million shares now, and that does not include a possible 100 more million shares if this fake financing happens,

Adjusting the cap structure that means DECN would have close to 16 billion shares out.

None of Berman's company's have made money, but that skunk has made plenty of dough off of shareholders.

Of course Bozo Berman has co conspirators in sticking it to shareholders.

[loanranger]

"This "thing" you are referencing is a class action lawsuit, is it not?"
It is.

"In this class action lawsuit, the quotes you are providing are the pleadings of the plaintiff's, are they not?"
I provided no quotes.

"Are plaintiff pleadings convictions?"
Convictions don't occur in civil suits.

"Are the quotes you are providing (complete with "..." [which indicate missing words]) the decision of the judge in the resulting decision of the lawsuit?"
Again, no quotes provided. I don't believe that there was a "decision of the judge in the resulting decision of the lawsuit".

"In a lawsuit, isn't the procedure to be followed to throw so much mud against the wall as to have some of it stick?"
That's not a procedure, it's a strategy that is used by both plaintiff and defense attorneys.

"Was Mr. Berman the only defendant in this class action lawsuit?"
No.

"What did the judge have to say about Mr. Berman in this particular lawsuit?"
No idea. You tell me.

"Was Mr. Berman convicted of any crime as a result of this class action lawsuit?"
Of course not. The question exhibits a total lack of understanding of the purpose of a class action suit, which never directly result in a criminal conviction.

"Just wondering how a plaintiff's pleading in a 161 page lawsuit against 7 defendants focuses entirely on one defendant with a definitive result."
I have no idea what that means.

"There was also a request for a jury trial; what was the resulting verdict?"
No verdict. The parties agreed to a settlement and the Judge entered a JUDGMENT AND ORDER of dismissal. And granted a plaintiffs motion for attorney fees and reimbursement of expenses.



On a side note, I'm sure you remember the name Micheal Belcher. He was Berman's defense attorney in the class action suit prior to the turn of the millennium. He was also issued 1,250 shares of DECN's Preferred C stock valued at $1,250,000 a number of years later "for prepaid patent defense legal fees". That's one multi-talented attorney.



I guess you weren't convinced of this CEO's sleaziness based on his recent activities that drove a poster to ask:
"Where is the 17.5 million in orders? Or where is the two $ 3 million dollar financings? Where is the uplistings? Why did Scumbag Berman fail to notify shareholders that he screwed up the financials and was unable to provide audited financials."
The Access Health case may be old news but it has circumstances that bear a convenient resemblance to some of the issues here.

I only have one single, far easier question for you:
Is it so hard to believe, given the questions above (which remain unsolved mysteries) about events that occurred in THIS millennium, that the same CEO couldn't have committed the sleazy acts alleged by the plaintiffs in that dusty old lawsuit in the last millennium. Allegations that the defendants chose to pay for rather than to litigate.