Replies to post #10963 on Decision Diagnostics Corp (DECN)

[stckdytrdr]

12.5million, non-dilutive line of credit!!

Here is the link to today's news. I'm not seeing where it states this new line of credit has a 24% interest rate. So, I would answer you're speculative leading question with quite simply.....NO!!

Have a nice day, I know I will :-)

http://ih.advfn.com/p.php?pid=nmona&article=60447224&symbol=DECN

[rstar]

lmao! this is your response to to the credit closing news
after weeks of bold capitalized underlined questioning posts calling the credit line "alleged".
well here it is, closed and likely expanding to cover litigation.
wait for the 10k to find out the terms. i would guess they are better considering the position the company is in now .

[wenshar]

Alydyr-I get your point 24% interest,

however, just basic common sense, take for instance applying for a credit card. They don't give you more credit for the same sub par credit interest rate. :(

Alpha has provided us a line of credit up to $2,500,000. The interest rate of our line of credit is 24% per annum.

The new credit line is 12.5 million.

Just to be on the fair side though, you are correct in pointing out the ridiculously high rate they have been paying.