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Posted On: 11/18/2019 12:35:36 PM
Post# of 11803
"Mr. Berman's Investment"...
Considering "Mr. Berman's Investment occurred on October 1, 2019 no one actually knows the details of the "lend(ing) the company up to $450,000", as the Q only covers events up to September 30, 2019
"Quarterly Report for Period Ended
September 30, 2019"
"The first loans totaled $215,000 and were made on October 1, 2019."
(from the Q)
"In July 2019 CEO Keith Berman approached the company Board of Directors with a plan and offer to, from time to time,
through a proposed settlement of the litigation on-going with Johnson & Johnson, lend the company up to $450,000
through a combination of sources available to him. The Board accepted this offer, which came without pre-condition.
Mr. Berman made it clear that he would rather lend the company money himself or through close friends and family,
than to sell low priced equity to small institutions, given the likelihood of a handsome settlement of the litigation with
Johnson & Johnson. The first loans totaled $215,000 and were made on October 1, 2019."
Are Mr. Berman's $$$$ different from shareholder $$$$?
Does Mr. Berman receive special consideration from his investment that differs from shareholder investments?
Why would Mr. Berman's investment be held higher than shareholder investments?
After all, did not any and all investors put their hard earned $$$$ into a company they believed would prosper?
Does Mr. Berman's investment entitle him to realize a different valuation of a
"given the likelihood of a handsome settlement of the litigation with
Johnson & Johnson."?
These are but a few questions related to your statement:
"Are you saying that you are entitled to Mr. Berman's investment?"
Read More: https://investorshangout.com/post/newpost/632...z65eSPORZb
One could then say:
"Is Mr. Berman entitled to the shareholder's investment?"
After all, are we not talking about the company, DECN, and not personal accounts?
I dunno...
just personal thoughts before the morning coffee...
Considering "Mr. Berman's Investment occurred on October 1, 2019 no one actually knows the details of the "lend(ing) the company up to $450,000", as the Q only covers events up to September 30, 2019
"Quarterly Report for Period Ended
September 30, 2019"
"The first loans totaled $215,000 and were made on October 1, 2019."
(from the Q)
"In July 2019 CEO Keith Berman approached the company Board of Directors with a plan and offer to, from time to time,
through a proposed settlement of the litigation on-going with Johnson & Johnson, lend the company up to $450,000
through a combination of sources available to him. The Board accepted this offer, which came without pre-condition.
Mr. Berman made it clear that he would rather lend the company money himself or through close friends and family,
than to sell low priced equity to small institutions, given the likelihood of a handsome settlement of the litigation with
Johnson & Johnson. The first loans totaled $215,000 and were made on October 1, 2019."
Are Mr. Berman's $$$$ different from shareholder $$$$?
Does Mr. Berman receive special consideration from his investment that differs from shareholder investments?
Why would Mr. Berman's investment be held higher than shareholder investments?
After all, did not any and all investors put their hard earned $$$$ into a company they believed would prosper?
Does Mr. Berman's investment entitle him to realize a different valuation of a
"given the likelihood of a handsome settlement of the litigation with
Johnson & Johnson."?
These are but a few questions related to your statement:
"Are you saying that you are entitled to Mr. Berman's investment?"
Read More: https://investorshangout.com/post/newpost/632...z65eSPORZb
One could then say:
"Is Mr. Berman entitled to the shareholder's investment?"
After all, are we not talking about the company, DECN, and not personal accounts?
I dunno...
just personal thoughts before the morning coffee...
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