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Seriously? Alyssa? BK filing before anything else more than likely.
Semantics aside, ARYC did what they had to do to avoid suspension. What other reason could it be? Also, what does that tell about a company that was supposed to be going current? All those audit updates from 2017/2018. Just lies?
ARYC went Form 15 because they fear suspension.
I know that. Why do you think the option to suspend reporting is on Form 15? If it were unrelated it would be on a different form. It is a termination of their obligation to report. In this case, temporary.
Form 15 is a termination of registration form. Suspension of reporting is an option within that form. It all falls under the process of deregistration.
As if this company ever intends on public filings..lmao.
Yes they did. Deregistering from their obligation to report. GET YOUR FACTS STRAIGHT! Do some research on the proper terminology.
ARYC deregistered from its reporting obligations. Lots of not-so-good things could be happening without any knowledge. This is a flip and drip play.
This company cannot be taken seriously.
Do some research. Not the same thing. Far far from it.
ARYC has deregistered from its reporting obligations (suspended obligations). And just as before, no one knows what they own. The only difference being form 15 makes it official. Anyone owning this stock owns what exactly? Might want to ponder that.
I know that thank you very much.... They have no intention to file.
Quote. "Arrayit can resume to file reports whenever it's ready." LOL.
What? LMAO. They have had nearly 4 years to get current. Form 15 simply allows them to continue operating in the dark as they were but without the fear of suspension.
It's a downward trend. The MM's are at work. Have a nice day.
People are selling the news for good reason. Since filing form 15, the opportunity to promote the tweets and PR's is now over. This stock lived off promo not substance.
Form 15 is just a devil in disguise with this company imo.
ARYC sub penny?
Becoming a non reporting business reinforces the belief that they have things to hide and cannot be trusted. It appears to be an act of desperation to avoid suspension. Just think about all those audit progress tweets. What a joke.
ARYC operated as a dark company prior to form 15 and now it's official. Congrats to them...lmao.
Valuation for this pos has been based speculation only never any proof. This stock lived off of hype and now that's gone. People can celebrate as they watch share price trend down.
There is no "huge expense" with twitter. It's free...
The strategy for deregistering is pretty obvious and it does not speak well of the company.
Do you think it's okay for a company to promote an audit over a period of 1 1/2 years and then never post filings from any of the previous years from 2016 forward?
What about their auditor RRBB severing business ties in June?
And then 2 1/2 months later they file a form 15 to deregister.
Do you see this as being a part of some grand plan for success?
I don't.
GLTU
This is all part of their plan to up list? Really? I think someone needs to tell them they're going about it the wrong way. They are heading in the wrong direction. No surprise. R/S will probably be next. Then BK.
True. Very misleading imo. Just like the expected 2019 Q1 filings.
The form 15 is an indication that they were backed into a corner. It proves nothing was completed during that time with RRBB. Go back read the tweets about audit progress during 2017/18. Disgusting...
Having to file a form 15 is hilarious. Is this a part of their strategy for business expansion?..LMAO.
No chance of being taken seriously either.
Is this the reward you were talking about?
https://sec.report/Document/0001437749-19-017063/
They milked it for as long as they could I guess.
Sounds about right.
I disagree. They lost all credibility now.
Nah. Form 15 is bad news because it means ARYC was backed into a corner. It legitimizes those concerns about suspension and it proves that ARYC was not prepared to become current any time soon. This is very bad for the longs imo.
Strategic hype more like it. Nothing logical there. Maybe ArrayIT can use their cleanroom tech to clean up their act? Maybe then they won't find themselves in court so frequently.
Not interested in anyone's shares.
My point all along has been the fact that they were taken to court because they breached their lease contract. It would not be unreasonable to assume that they failed to pay rent because...no monies. Linking the court case with purchasing the property is bull imo.
Believe what you want. Not paying rent and or breach of lease is not the way to go about making a deal. Leverage is with the landowner not the tenant.
And just like I said, it has nothing to do with purchasing the site.
It's an eviction proceeding. What does that have to do with negotiations? Why would their landlord try to evict ARYC during negotiations to purchase the site? That makes no sense. Based on court records, ARYC (and Telechem) have a history for eviction proceedings. What does that say about their liquidity and cash reserves for a company that is claiming millions in revenues?
Total bullshit!
No thanks. I'll do my own DD.
LMAO. Can't polish this turd. Mark and gang failing to impress anyone.
ArrayIT reports the results of their snake oil in-house testing services.
OMG LMAO!