Cancellation is huge because of the dilution that
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Posted On: 03/22/2019 9:06:11 AM
Cancellation is huge because of the dilution that it would have caused.
Sort of true. Under normal circumstances the dilution would have occurred over time. The company could have used the capital locked up in the registration to raise money whenever needed. However, it became clear to management, no matter the nonsense spouted by that gavonne on iHub, that the registration would/could be used for nefarious purposes, and in fact could have been a perfect storm or a two-fer. Such is the way of M&A. Many times M&A is a loaded gun. In the case of DECN the registration at $0.03 would be used to gain control of the company, and as soon as that occurred, the lawsuit would be dropped, the product and technology would be scraped off and the money repaid. That would have been disaster for DECN shareholders, most of whom only really care about share price.
And who would have been left at DECN to stop the thieves? And after all of this nefarious but passably legal activity, shareholders and non-shareholders would still blame Mr. Berman for their own trading losses.
Oh and by the way, I would rate it at best 50/50, at best ... that the products and technology scraped off would ever see the light of day. You see, DECN has always been viewed by J&J and now Platinum not for any future success, but for the nuisance they would cause along the way. This in my industry is called an insurance policy so I would receive my end of year bonus. It has been this way since the beginning of recorded time.
And in the end, as it was in the beginning, people who trade shares do not really understand how a company operates or how high finance (M&A) works.
Sort of true. Under normal circumstances the dilution would have occurred over time. The company could have used the capital locked up in the registration to raise money whenever needed. However, it became clear to management, no matter the nonsense spouted by that gavonne on iHub, that the registration would/could be used for nefarious purposes, and in fact could have been a perfect storm or a two-fer. Such is the way of M&A. Many times M&A is a loaded gun. In the case of DECN the registration at $0.03 would be used to gain control of the company, and as soon as that occurred, the lawsuit would be dropped, the product and technology would be scraped off and the money repaid. That would have been disaster for DECN shareholders, most of whom only really care about share price.
And who would have been left at DECN to stop the thieves? And after all of this nefarious but passably legal activity, shareholders and non-shareholders would still blame Mr. Berman for their own trading losses.
Oh and by the way, I would rate it at best 50/50, at best ... that the products and technology scraped off would ever see the light of day. You see, DECN has always been viewed by J&J and now Platinum not for any future success, but for the nuisance they would cause along the way. This in my industry is called an insurance policy so I would receive my end of year bonus. It has been this way since the beginning of recorded time.
And in the end, as it was in the beginning, people who trade shares do not really understand how a company operates or how high finance (M&A) works.
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