Replies to post #54186 on Decision Diagnostics Corp (DECN)

[loanranger]

That's THIS company.
I don't think I want to dig into this stuff, but I do see that this Company, as InstaCare with KB as CFO and PEO, charged $2,348,326 to Bad debt expense in its last 10-k filing with the SEC, during a year in which Revenues were cut in half from the prior year. Nothing suspicious about that :o)

I think if we could get a straight answer to these questions things would clear right up:
"This Company's filings regularly acknowledge that Kimberly Binder is both an employee of this Company and a principal, if not the sole principal, in at least one of its distributors. That is a related party relationship.
Is that distributor one of the "three customers who accounted for approximately 95% of net sales" in 2017? Are the other two customers also related parties?"