Arrayit Corporation (ARYC)

[Pokerjoe]

The significance is that big companies like GE, DuPont, J&J are besieged by small companies with advanced technologies to partner with them in development of that technology. They usually have a company task group that screens all these requests to see if there is any merit to proceed with discussions with the company that has approached them or one they have uncovered. They will not proceed with a face to face meeting unless they are interested in some sort of arrangement.
The task groups within these companies are paid salaries along with very attractive incentives--they will not waste their time if the technology is not promising and they,GE, can not make big bucks from the arrangement. Just getting in the door to meet is a chore. I have been there and know the resistance you get hammered with when you approach them. You better have something extraordinary or you are just wasting everyone's time and money