Interesting.
$670K loan.
$600K write off?
Loan paid off with shares.
Is the similarity in amounts co-incidence?
So what we have - in effect - amounts to basically - a gift of around $600K from a financier of DECN to a customer of DECN, for which the DECN shareholders suffered a multi-million share equity dilution, and co-incident with a series of press releases that resulted in a 15-20 fold share price increase from which the same financier potentially yielded a huge return.
And it is well known that at least one of the 2/3 customers is a very close associate of the DECN CEO.
Involving a company that claimed to have validated a product that the CEO admitted was not actually yet in his possession?
And STILL some are thinking this might NOT have been a scam?
Well...If any of those people wanna buy some magic beans?... (I know it says Heinz on the tin, but you should ignore that and plant them anyway! )