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Decision Diagnostics Corp DECN
(Total Views: 410)
Posted On: 04/23/2017 9:25:01 AM
Post# of 11803
Posted By: chemist823
Re: Dankdamp #447
DECN- I'm not sure how the M&A will work out in the end, don't have enough info. Would be great to get back to fully reporting status and possibly up-list but we just don't know how that would be handled, would DECN be absorbed into another company or vice versa? license agreement?
I would think that if they wait until end of 2017 beginning of 2018 when quarterly revenue has been 7 figures and growing this would strengthen their hand. Now an license agreement with a company with Perrigo or the like would be huge and preferable to a so-so deal for shareholders while the stock is below real value.
With the market for strips in the billions of dollars you can pretty much throw a dart and make 50 million dollars or more worth of sales a year providing you are not legally encumbered. You'll notice the huge deals with distributors for Asian and South America didn't happen until the legal fight over the right to sale the products was over, that's because companies don't want the hassle of dealing with potential unfavorable legal rulings. I expect more deals to be made now that the legal issues are over and sales to be growing quickly going forward.













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