Replies to post #79329 on Decision Diagnostics Corp (DECN)

[Johnny_C]

As you know, the SEC contended no such thing. The SEC's allegation was "up to 525M," which is easily defeated by selling one unit.

"and (ii) DECN’s sales forecasts for the COVID-19 test kit that up to 525 million test kits would be sold in the first year of production."

Headline of Press release stated forecast...

Definition

a prediction or estimate of future events,

[loanranger]

The UP TO in "DECN’s sales forecasts for the COVID-19 test kit that up to 525 million test kits would be sold in the first year of production" refers to the Company's previous estimates of 420 million and 480 million.

The Company's own words were:
"We are happy to inform all interested parties that we have raised our 12-month forecast to 525 million kits."
https://www.accesswire.com/581057/DECNS-GenViroTM-Corona-Virus-Swift-Kit-Now-to-Be-Additionally-Offered-to-Commercial-Labs-and-Religious-Groups-as-12-Month-Forecast-is-Raised-to-525MM

No "up to". The "up to" language wasn't used by the Company.