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IPwatcher

04/26/21 5:31 PM

#94929 RE: Jelly Bean #94928

He should have taken the 9 year plea deal. The end is going to be spectacular.



I guess he thinks if he can fool investors he can fool a jury!

The fact is I expect him to hang on the strength of his own published words alone, let alone anything else untoward and nefarious that is uncovered (and I have little doubt that there is plenty of that!)

His own accounts show $17m of losses accumulating to DECN shareholders in 2020. He wrote and signed off those accounts himself. So he cannot assert that those losses do not exist.

Those shareholder losses result from share conversions and dilutions while the share price was inflated.
These shares issues and conversions could only have been authorized by Berman. He cannot dispute that!

The share price was deliberately inflated by fraudulent press releases authored by Berman. His name is on them. He cannot dispute that!

Now : does anyone seriously think those shareholder losses would have been sustained if those fraudulent press releases had not been issued?

There is no hiding place for him!

Of course not!

Johnny_C

04/26/21 8:36 PM

#94931 RE: Jelly Bean #94928

Geez.. You use to actually talk to him and have a longer history than me. O doubt it goes to trial. Either way, spectacular is a good descriptive

IPwatcher

04/27/21 6:38 PM

#94936 RE: Jelly Bean #94928

Im stunned that berman has continued to play this scam out this long. He is simply playing with fire and a gallon of gasoline. Seems like the prosecution would eat this stuff up and slap him down even harder for continuing to lie to shareholders. He should have taken the 9 year plea deal. The end is going to be spectacular.



I think you may be correct!

Seemingly the judge ...in rejecting the motion to vary the bail conditions... counselled him that his conduct while on bail COULD have a bearing on subsequent sentencing!
A (gossamer thinly) veiled threat there, methinks!