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We shall see how far the DOJ went to get her to throw Mark under the bus. Let the facts be known on both sides. People who are not criminally savvy can easily fold under fear and intimidation. Happens all the time.
These are still allegations. There may have been a few flukes that happened along the way that can be explained. We will just have to wait and see what comes out at trial, if there is one.
I wouldn’t be so sure about the lab being closed. In his brief Mr. Pickles asked that Mark be allowed to go back to working in the lab and gave compelling reasons. The Judge’s order is not allowed to be read by the public, but I do believe Mark is back and the lab is open. There is no indication that the place was shut down by the feds, or any sort of cease and desist order up issued regarding their Covid-19 test.
Nowhere does the complaint say that they used Dr. Taguchi’s ID to obtain Medicare provider status. That doesn’t even make sense since she is a doctor and ARYC is a CLIA lab. The allegations say that ARYC used her ID number to run tests on patients she had never seen. We shall see what both sides have to say about that.
You are right. This is the PR I was referring to dated 8/12/19:
"Arrayit Corporation Approved as New Medicare Part B Healthcare Provider for Allergy Testing Services."
https://www.tmcnet.com/usubmit/2019/08/12/9000318.htm
...”blackmail”? That’s a good one to add on for kicks. Will murder be next? lol.
Exactly. The DOJ's case as it now stands contains error after error after error. I have tried to point them out, at least those that can be proven right out of the gate. I mean, it's not like I made it all up.
Ha ha. Arrayit wasn't even approved for Medicare until August of 2019, yet they are accused of defrauding Medicare in 2018. Pure slop.
Let the facts speak for themselves, not wild speculation.
Where is the link? A “remark” proves nothing anyway.
You don’t know that. Please provide a link. Thank you and good luck with finding one.
Old news, but a good reminder that Arrayit had every right to “deploy” their Covid-19 test under FDA guidelines and that they are continuing to work with the FDA. Mark NEVER said the test was FDA authorized in writing or otherwise. That is made up propaganda.
Nielsen sort of posted a few misunderstandings or downright lies, but none of that came from Dr. Schena.
The hearing was supposed to take place by teleconference via Zoom or something, so I don’t think the delay was due to the coronavirus. Nope.
It wasn't a component of the conditions of release filed by the DOJ as discussed in the brief filed by Mr. Pickles on Mark's behalf.
He is not wearing an ankle bracelet. That never even came up. He was released on his own recognizance and without having to pay a dime as long as he appears in court when he's supposed to.
Right, they've given Mark another 39 days to plan his escape without a passport.
Uh oh. This is a very BIG RISK!
That's good. Maybe they want Mark to continue working with the FDA on perfecting ARYC's Covid-19 test and validations. It seems to me that would take precedence over anything else.
"As to all of the charges leveled by the government against Dr. Schena, he intends to plead not guilty. We are sure Mr. Tokayer knows that the government must still prove its case..."
Excerpt from 6/26/20 letter to Judge Carter from Arrayit's attorneys, Adler Silverberg PLLC, Mustafa David Sayid, re: Taub, et al v. Arrayit.
(pacer.gov)
Well, ARYC is SO not a shell. But I hear ya. There are plenty of things to be upset about, but on the other hand, the DOJ’s case against Mark is so full of false information, it’s almost pathetic.
The majority of lawyers have integrity and are honest and won’t lie, especially in court before a judge. It’s a huge risk with huge consequences and would never end well. Most lawyers take their oaths seriously and would never want to risk losing what they worked so hard to achieve . And who would think an attorney named “Todd Pickles” would do such a thing. lol.
Mr. Pickles has a great professional background, and I wish him good luck tomorrow.
The hearing tomorrow is to determine whether or not there is "probable cause," which would mean going forward with a trial. The Judge could also DISMISS the entire case tomorrow, which would be loads of FUN.
According to Attorney Pickles in his brief, ARYC's Covid-19 test has been updated and is now "close to 100% in specificity and sensitivity."
These things take time. We shall see.
There is no indication that "Mark straight up lied" about it.
Looks like in California alone, 909 of the DOJ’s cases were dismissed in 2019, so that’s encouraging.
Thank you for posting...interesting.
First, you're talking about an entirely different matter.
I do NOT think Nielsen is the only person ever who has spoofed or spoken nicely about a stock so he could sell shares. I for one agreed with him on many occasions, but never bought or sold shares because of anything he may have said. And the bid pulling was strange, but so what else is new? There's a huge bid, oops it's gone. This happens all over the stock market, every day!
Not saying it's right, just saying it's normal. It's just a matter of who gets caught doing it.
It's no different than those who constantly post negative and false information so that they can buy shares at a lower price, or cover their short position. That's not right either and they get caught too.
No. So he posted in 2015. Repeat, Jason Nielsen had NOTHING to do with the dilution that occurred.
So how do you know it was Nielsen who sold those shares? You don't! If FINRA knows, then let's hear it from them.
Most cases like this require that the defendant "surrender" his passport. It's not like they had to yell at Mark DEMANDING that he turn it in while he clutches it in his hands.
It's really not that dramatic. lol.
What? No. First, Jason Nielsen wasn't even around when the dilution happened several years ago! He had nothing to do with it.
Second, the VOLUME does not support your claim that Nielsen "dumped millions upon millions" of shares during the Covid-19 pump. The highest volume during that time was when the SEC suspended trading, around the 10th, 11th, ad 12th of June. Plus, there was no "pump" on the part of ARYC, and there's is no arguing that. Jason did post some sketchy things, but that could have been his misunderstanding of what was really going on. It was sort of chaotic starting in early March when things were changing minute-by-minute. He probably did the "spoofing" thing, but didn't make a huge amount of money. I wonder how many "spoofers" are out there doing the same thing?
Hilarious. This is a threat because I am posting what is TRUE? So the SEC is gonna come get me?
100% FALSE. A bit more DD would assist in anyone's understanding why they had to dilute, and again that was years before the time period the DOJ charges cover.
Not only is it distressing that there are so many untrue statements by the DOJ, but the fact that the FAKE statements have been read by who knows how many thousands of people who BELIEVE the charges to be true just because the DOJ said so. It is truly disgusting.
NONE, I repeat NONE of the dilution happened during the period of time the DOJ is focusing on. It was several years prior and an absolutely necessary move at the time. This is NOT a minor FALSE statement on the part of the DOJ. It is dead wrong and just another example of incompetent work by the DOJ and the postal inspector.
Case dismissed!
Right, those are authorized, not issued. The company did NOT issue SEVERAL BILLION shares as claimed by the DOJ. No dilution for several years. Confirmed with the TA yesterday.
What I reported was the current share structure. There have been no conversions, obviously, and if that ever occurs, it will be reflected in the number of 0/S.
The TA confirmed the share structure as of TODAY.
What on earth are you talking about? The DOJ is NOT right. Do the math.
Well, you never know. Dr. Schena IS an EXPERT in the science of microarray technology and magical chips, which many of these companies are using thanks to his work.
I was half-kidding anyway.
Thanks, S.G. Good to know. I wonder if the FDA will invite Dr. Schena to assist in answering some of the technical questions.
Here's your original post before, well, you know:
On July 1, the U.S. Food and Drug Administration (FDA) will host a virtual Town Hall for clinical laboratories and commercial manufacturers that are developing or have developed diagnostic tests for SARS-CoV-2. During this Town Hall, the FDA will answer technical questions about the development and validation of tests for SARS-CoV-2.
Maybe this will have an impact on ARYC... FWIW
DOJ says: "Arrayit’s low price reflects the fact that the stock is diluted; Arrayit has issued several billion shares of stock."
And this SEVERAL BILLION SHARE issuance FALSE STATEMENT isn't a problem???
6/11/20 from OTC Markets
Outstanding Shares 1,126,502,244
Restricted 82,713,440
Unrestricted 1,043,788,804 06/11/2020
Verified with TA in 2019 by MikeCr:
Outstanding Shares 1,126,502,244 05/07/2019
Restricted 82,713,440 05/07/2019
Unrestricted 1,043,788,804 05/07/2019
From T.A. just now: "We currently show 1,126,502,244 shares outstanding for Arrayit."
Thank you,
Amy Merrill
Standard Registrar and Transfer Company
440 East 400 South, Suite 200
Salt Lake City, UT 84111
Phone: 801-571-8844 or 801-596-2150
www.standardtransferco.com
Here's another GLARING error: On August 12, 2019, less than one year ago, Arrayit was approved as a Medicare Part B provider. Happy.
However, the DOJ says: “From 2018 to the Present, Arrayit submitted or caused the submission of over $5.9 million in claims to Medicare…..”
Well, Mr. DOJ, that is NOT EVEN POSSIBLE! Case dismissed!
lol.