Replies to post #7220 on Decision Diagnostics Corp (DECN)

[ksviking12]

Buy - the Walmart contract is a one year contract that has been renewed at the request of Walmart twice now.

Also, while Walmart is a nice feather in their cap it is not the real prize. The real prize is Medicare and the new "competitive bidding" that goes into place January 1. Look up the Competitive bid process and what it entails. Then make any projections calculations based off how many medicare patients are using name brand strips.

ALL IMO

[Leirum]

When I read this from the Q&A then I would guess WalMart is still in the game. "We used this time ........."

By law the company could not take orders for Genstrip until there was/is an approval from FDA, but since February 2011 we have been allowed to do some demonstration projects to collect data etc. We used this time to familiarize the market with the upcoming product through the company's normal and historical distribution channels. We secured a supplier contract with Walmart Stores in an incredible 35 days. We have accepted, as a part of our overall responsibilities, working with the Genstrip manufacturer to make product forecasts. We readied the Genstrip Value Proposition. And, it has not hurt that all of the potential consumers of Genstrip have used the predecessor product for, in some cases, almost a decade.