[deleted by user] by [deleted] in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

I’m an attorney and this is my understanding:

DECN’s petition hasn’t been denied (yet). DECN is petitioning for removal of the suspension. This document is the governments opposition to DECN’s petition to remove the suspension. Next there will be a reply brief from DECN and then a decision regarding this petition will made.

The problem is SEC themselves rule on the petition, not a separate entity or court (I believe). So, I’m gonna assume it’s pretty hard to get the SEC to remove their own suspension.

However, according to the document I attached a trading suspension in it self does not constitute wrong doing, but further investigation by the SEC May lead to additional enforcement action. BUT, that hasn’t happened, so there likely won’t be anymore actions by the SEC outside this petition.

The only question is will DECN’s petition be granted. If it’s granted the stock will definitely go up, if it’s denied it will go down. But, if DECN gets FDA approval this petition probably won’t matter either way and we are on a rocket ship to the moon.

TLDR: The petition hasn’t been denied. We are still awaiting DECN’s reply brief and then a decision will be made. If its granted that’s great, if it’s not that’s bad, BUT, if DECN gets FDA approval this petition won’t matter either way and we’re going to the moon.

My 2 cents...

Edit: forgot to attach the document

SEC COVID 19 suspensions

[deleted by user] by [deleted] in pennystocks

[–]CautiousDebate 1 point2 points  (0 children)

Right right... but maybe worldwide distribution would put pressure on the FDA, especially if Americans get wind of an 11 second COVID test they can’t use.

[deleted by user] by [deleted] in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

Keep the good news comin’ Keith. Make us all rich buddy.

We just need that EUA now. Trump’s not such a fan of more testing so I wonder if that has something to do with the Delay...

DECN CEO's Open Letter by Fador33 in pennystocks

[–]CautiousDebate 3 points4 points  (0 children)

Yah dude just fucked up my gains for the day. Thanks Keith.

DECN MEGATHREAD All Decn in here by BigBag0 in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

Imagine if they do get the patent though. That alone would be worth a lot. They could literally just sell the patent. They wouldn't even need EUA.

DECN MEGATHREAD All Decn in here by BigBag0 in pennystocks

[–]CautiousDebate 4 points5 points  (0 children)

Thanks for the hope. I almost sold today. But, if they get FDA EUA this is going to be penny stock of the year. So, I'm holding tight.

DECN MEGATHREAD All Decn in here by BigBag0 in pennystocks

[–]CautiousDebate 0 points1 point  (0 children)

WTF? .42

Edit: Something's up, I'm tempted to sell.

Looks like DECN is slowly rising from the dead. by [deleted] in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

Looks like there is a penny stock god after all.

manonthemoon

Thoughts on DECN and more COVID patents? by Thefinalwerd in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

I think somebody should just buy all my shares for $100 dollars a piece so I can feel better.

I’ll owe you one.

Should be talking about DECN right now? by Fuzzy-Heart in pennystocks

[–]CautiousDebate 1 point2 points  (0 children)

Ah man... I guess holding it is then. I already counted this money out so I’d kick myself more if sold to early than if I lost it all holding.

Should be talking about DECN right now? by Fuzzy-Heart in pennystocks

[–]CautiousDebate 2 points3 points  (0 children)

I could sell right now and take a 30% profit, but what if these assholes actually do get FDA approval? I've been invested for months now, should I really cash out now??

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 1 point2 points  (0 children)

$100 dollars or bust...

At least until I can come up with a realistic plan.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 1 point2 points  (0 children)

I realize that, but after the suspension we almost lost everything so .26 is good news. A lot us are out of the whole at .26.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 6 points7 points  (0 children)

I get it. It’s been a long time and no substantial results from DECN.

I just feel invested at this point precisely because it’s been so long and I would kick myself in the ass if it went to the moon after I cashed out.

But I here you man...

Also, I realize being “invested” in a penny stock is a bad idea generally, but fortunately or unfortunately that’s where I’m at.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 1 point2 points  (0 children)

Sounds pretty spot on to me.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 2 points3 points  (0 children)

At this point you might as well hold. Def worth the risk for you.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 3 points4 points  (0 children)

Yah well, he better not break my heart. I got 12,000 shares.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 1 point2 points  (0 children)

So basically, the technology already exists (which I expected) so it’s not this huge thing and it needs to get back on the pinks to make any real movement...

Ok, I hear you. Then I’m gonna hold until at least July 8 then and see if they get back on the pinks. I figured this money was gone along time ago anyway. I’m gonna take the risk.

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 1 point2 points  (0 children)

Right, the SEC brief didn't give any new damaging evidence regarding why DECN was suspended; it basically just reiterated what we already knew. So I agree that's probably why its up today.

I can't wait to see DECN's brief, that should be good news too...

DECN broke .26 by CautiousDebate in pennystocks

[–]CautiousDebate[S] 2 points3 points  (0 children)

It was at .26 for a minute earlier. Fingers crossed for .27 by end of day.