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Decision Diagnostics Corp DECN
(Total Views: 404)
Posted On: 07/21/2017 1:26:47 PM
Post# of 11803
Posted By: plutonium
Re: Wheelhorse #1319
If J&J didn't want the settlement to be known and the court agreed it doesn't matter what a few small traders want to know. The company's accounting deals with cash in-flows and outflows, no matter what that skank alydyr says, so settlement funds and income in kind are accounted for. But to disclose the amount as a result of small shareholder pressure and protestations would be a breach of the settlement agreement and would have landed the company back in court. That would have pleased many on the iHub board because they would take glee in bashing the settlement amount no matter its size, and would have taken glee if J&J sued the company again.

P.S. many Federal court settlements and the overwhelming number where the defendant wins, are sealed, many for 20 years.













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