DECN Accepts 4th Unsolicited Proposition for its GenUltimate TGB Product, and Today Launches its GenUltimate TGB Product into Select International Markets

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

DECN Awaits Major Proposition On Or About June 10, Notifies Two Entities That Their Earlier Propositions Do Not Meet Requirements, Does Not Request Counter-Proposals

LOS ANGELES, CA / ACCESSWIRE / June 6, 2019 / Decision Diagnostics Corp. (OTC PINK: DECN) is a 17 year old, diabetes-focused bio-technology R&D firm, manufacturer, quality plan administrator, FDA registered medical device customer support organization, and exclusive worldwide sales and regulatory process agent for the GenUltimate! ("Sunshine") diabetes test strip, the internationally launched GenSure! ("Feather") diabetes test strip, and its GenChoice! ("Ladybug") test strip now under review for FDA 510K clearance. The company also markets the PetSure! test strip for the diabetic testing of dogs and cats, a diagnostic specifically designed to run on the market leading Zoetis Alpha Trak meter system, and the GenUltimate! Test 4Pets test strip and Avantage! meter launched earlier in 2019, and the panacea GenUltimate! TBG ("Dragonfly") highly precise and outre' accurate diabetes testing system, launched today June 6, 2019, in select off-shore markets.

Keith Berman, CEO of DECN commented on today's news, "Over the weekend we received a fourth unsolicited proposition for a strategic transaction involving our GenUltimate! TBG system. This fourth proposition, in some ways the richest received thus far, came unexpectedly from an entity that at first study cannot make full use of our technology in their current business. We will inquire about this issue in the coming days. We also await a solicited proposition, graciously agreed to by an International entity, and due on or about June 10."

The company reminds shareholders, interested parties and investors that often other companies forward offers or proposals, or perhaps describe partnerships, and even might threaten a target company such as DECN, for their own accounts. To that end, the company has turned down two earlier propositions from larger entities and has not requested counter proposals. Propositions that passed the company's initial reviews fall into a certain transaction category, as will the solicited proposition due on or about June 10.

Mr. Berman continued, "Today we launch our GenUltimate TBG system into select markets in the Middle East, portions of South America and India. Our International packaging can be found on our www.decisiondiagnostics.co and www.pharatechsolutions.co web sites, which will shortly be augmented by a Powerpoint presentation that details all of the particulars concerning the product. In addition the company has engaged Private Equity Markets (www.privateequitymarkets.us) to carry our product information and updates. Next week we plan to discuss the J&J lawsuit as we await a court date from the Court of Appeals for the Federal Circuit."

Mr. Berman concluded, "As we have stated, we have a full summer ahead of us. In addition to the topics and issues we have discussed in the past several weeks, we also plan to adapt the TBG technology to our GenChoice test strip, completing that project, and then watching the effect it will have on another major industry player. The Board is keeping our options open as our journey progresses."

ABOUT DECISION DIAGNOSTICS CORP.
Decision Diagnostics Corp. is the leading manufacturer and worldwide distributor of diabetic test strips engineered to operate on legacy glucose meters. DECN's products are designed to operate efficiently and less expensively on certain glucose meters already in use by almost 7.5 million diabetics worldwide. With new inspired technology diabetic test strips already in the final stages of development, DECN products compete on a worldwide scale with legacy manufacturers currently selling to 71+ percent of a $12 billion at-home testing market.

Forward-Looking Statements:
This release contains the company's forward-looking statements which are based on management's current expectations and assumptions as of June 5, 2019, regarding the company's business and performance, its prospects, current factors, the economy, and other future conditions and forecasts of future events, circumstances, and results.

CONTACT INFORMATION:

Decision Diagnostics Corp.
Keith Berman (805) 446-2973
[email protected]
www.genultimate.com
www.petsureteststrips.com
www.pharmatechdirect.com

SOURCE: Decision Diagnostics Corp.



View source version on accesswire.com:
https://www.accesswire.com/547881/DECN-Accepts-4th-Unsolicited-Proposition-for-its-GenUltimate-TGB-Product-and-Today-Launches-its-GenUltimate-TGB-Product-into-Select-International-Markets

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).