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same thing was certainly said last Christmas for 2018
not sure i have the confidence to pick up more shares without some financials results
based on what i read re legal issues, it can be accounted for...wonder if this part of the accounting is what is holding release of fins up...how to account for the lawsuit, perhaps ARYC has ideas other than RRBB about it.
BUT, Mark said LEGAL was not the holdup.
2 years in, waiting for financials.
Thanks Mike, I know about those dates...a reliable date, something that is REAL, is what I'm talking about. A committed date. Not BS
RRBB/ARYC financial docs forecasting is amateur hour - 3 years and counting, or not counting! could be the problem
what is explanation for Financials taking so long? That's the only Q around here that matters
We have gotten ZILCH from ARYC on it. an update on the financials release date would be nice guidance and shareholders would appreciate it. Plus, this info is not QUIET PERIOD info, just a date.
If they can't agree on fins, sounds like ARYC needs to change internal books and move on~!
it's becoming the story of the Boy who cried Wolf...Mark seems to be role playing as the boy.
Reasonable time frames and Quiet periods for most companies seems unreasonable for ARYC
what are you talking about? the pps hasn't moved in months...who is profiting from selling ~ $.005 gains?
who has enough shares to profit enough to bother?
not many as most of those guys with that many don't need the smaller profits, they're waiting on the whale.
Legal proceedings should not be the holdup, it can be accounted for somehow (accruals), based on Illumina's filing of 10Q from Q1 2018 and the part about legal activities and their impact, here's excerpt from page 29:
Item 1. Legal Proceedings.
We are involved in various lawsuits and claims arising in the ordinary course of business, including actions with respect to intellectual property, employment, and contractual matters. In connection with these matters, we assess, on a regular basis, the probability and range of possible loss based on the developments in these matters. A liability is recorded in the financial statements if it is believed to be probable that a loss has been incurred and the amount of the loss can be reasonably estimated. Because litigation is inherently unpredictable and unfavorable results could occur, assessing contingencies is highly subjective and requires judgments about future events. We regularly review outstanding legal matters to determine the adequacy of the liabilities accrued and related disclosures. The amount of ultimate loss may differ from these estimates. Each matter presents its own unique circumstances, and prior litigation does not necessarily provide a reliable basis on which to predict the outcome, or range of outcomes, in any individual proceeding. Because of the uncertainties related to the occurrence, amount, and range of loss on any pending litigation or claim, we are currently unable to predict their ultimate outcome, and, with respect to any pending litigation or claim where no liability has been accrued, to make a meaningful estimate of the reasonably possible loss or range of loss that could result from an unfavorable outcome. In the event opposing litigants or claims ultimately succeed at trial and any subsequent appeals on their claims, any potential loss or charges in excess of any established accruals, individually or in the aggregate, could have a material adverse effect on our business, financial condition, results of operations, and/or cash flows in the period in which the unfavorable outcome occurs or becomes probable, and potentially in future periods.
Mark has stated it is not legal issues holding up financials...which based on above is possibly true. Just to reinforce that for ARYC, legal/Taub is probably not the issue.
Just speculating, I don't know shit really. GLTA
dude, some of us live nearby the ARYC office, it's real, in business - untrue
at present, not NASDAQ. wrong association.
for some misunderstood reason, no financials to date - very true.
All those other things will be great, once we get fins.
Fins first, to confirm it's a legit ongoing concern - all this would be awesome by Dec 20 2018.
If there is a delay to "Spring 2019" on Dec 21st....and I hope there isn't...it won't be a happy Christmas for ARYC and shareholders. Many will bail, longs will stay, but it won't attract new buyers with false promises.
Let's get that party started this month! Make 2018 an amazing year
hmmm, how can you confirm this? seems stupid if good news to follow, uplisting to NASDAQ, millions. so your statement seems so far out of this world...thus the request how you can confirm this.
If you have some insights, please share more, it would be appreciated.
very positive info, thanks TravO.
only real question, how much longer must we wait?
i trust.
just not sure if i have enough patience like some of you who have waited 3+ years. i'm going on 2 years.
It certainly seems like it, pathetic interest/volume today. Not the cannon shot coming out of the holiday some here were hoping for.
Fins, fins...another day closer to winter.
The question was more about how would it affect fins release and why? Esp for past years. If it's believe to hold up the release, what are the reasons, as they pertain to precluding RRBB from completing audits or from providing forward guidance for release of fins?
sorry, just trying to get a more complete view of how it impacts fins.
having said this, how does Mark's email response about RRBB providing the guidance for financials release date jive with this, wouldn't he have said the Courts/legal issue were the real key to release dates, not RRBB?
RRBB should have nothing to do with court case, no?
plus, wouldn't any settlement be counted against current books, not past financial years? would it hold up completing books for 2014-2017 and Q1-Q3 2018?
I posed a Q to Mark, he did reply yesterday, over the weekend. I asked if there was a plan to appoint new BOD members, below is his email response:
just wanted to share...to those whom suggested emailing Mark and he would reply - you were absolutely right! Thanks for advice to email.
Mark Schena
Sat, Nov 24, 6:20 PM (1 day ago)
to me
Dear xxxxx, Thanks very much for your support and feedback. We will know more about the appointment timeline of new board members for the NASDAQ listing as we move into 2019. Please follow us on Twitter for daily company updates and see our regular press releases for formal shareholder updates. We look forward to your continued support and participation. Thanks, Mark
speaking of Taub, has there been an update lately? i thought the 19th was a court decision date.
so as website says Fall 2018 or Dec 21st.
great to have another goal to look forward to, but hoping we don't wait a whole other month. at least you got a response!
sorry, but you're the second to say this...I must have missed something yesterday.
Are you saying the PR from Sutter Health is your ticket to retirement?
Or are you assuming this leads to fins and more bigger things later on?
Can't tell if your enthusiasm is based on actual info or more promises?
Yesterday was quite busy around here, lots on info shared - just curious.
Thanks TravO
Looking forward to it
yes of course, it would be good to know why something took so long when most expected it to end much sooner. oh well, can't win with some of you.
No, the PR wasn't ground breaking. Good, but as I stated, it's a promise for future earnings, but no guarantee.
Not here to argue.
Didn't get a reply to the email I sent earlier today. It was flattering to the company, as I am impressed from $.0055 to today, but have not gotten a response.
Being patient, for another day(s)
will the story come along with the financials? the big why did it take so long?
how much of $12B is allergy testing?
well, i just sent Mark my first email question, regarding CE.
hoping he responds. i'll post his reply should i get one.
where is this on the Sutter Health website?
I found this, Allergy Testing - skin
https://www.sutterhealth.org/services/asthma/allergy-testing
no mention of ARYC
anyone know where ARYC can be found on website?
has anyone done DD on the CE timeline and events leading up to it?
but Mark has stated it's not related to legal matters, no?
feel the same, any day would be a good day to release to me.
if the financials are good, market should react so.
not sure what posting on a monday of non holiday week will do for a penny stock versus this week. CE still on. What changes?
good reading, thanks for offering your input.
along this line, an OTC dog I've been in was DESLISTED recently, I just found out earlier today. point being, they were a horribly performing company for over two years, did not announce PRs or Tweets and did not have big corporate clients and had no assets I guess...SPCL...now dead.
Positive news, ARYC has NONE of those bad characteristics.
That keeps me hanging on and positive w ARYC. i'm just being impatient.
would Sutter Health or any other hospital already have such partnerships in place, with other type companies for same services that ARYC will provide?
also, just because a partnership is in place, the associated sales/revenues are no guarantee. it could also be one that ARYC is now one of many companies on the list of options?
yes Sutter and PMAF are huge in NorCal/CA.
curious if anyone knows and can add info.
well, if the company and Mark were worried about doing what is best for investors, then they would announce a schedule for release dates for completed financials and I think the market would react MOST positively, if we are discussing BEST scenarios.
the day is not over, but then again, when did ARYC have 2 PRs same day? or 2 in same week?
someone posted quiet period started 9-27, thus we're at 45 days...going to dec 20 would be extraordinary
if what you are saying is true, can anyone around here last that long 3-5 years, with weekly tweets and emails from Mark saying we're close?...so so hard to believe...i can't believe it, so i am not.
come end fall 2018, there may be another delay prompting more questions, but i certainly won't last 3-5 years if it's the same weekly stuff as now. take my profit and look for another gem. i'm sure there will be one in 3-5 years.
the scenario you mention sounds less and less risky each time i think about it, it's so far reaching.
GLTA
haha, you aren't the only one
very bold statement.
if you know something or think there is a possibilty of something, why not share the info?
if it's worth believing, please share.
oh yeah, lots of thoughts about it...also causes to ask, what other thing(s) are standing in way of releasing fins?
If the fins were ready, what good would 'holding them back' be?
Back in previous years, 2015 and before, ARYC filed late and filed NT 10Qs with SEC, approx 4 days before 10Q filings. Edgar shows this.
why haven't we seen the NT for Q3 posted on Edgar? Is it due to other year's delinquency and why bother w NT 10Q when 10Ks 2015-2017 are already delinquent?
any thoughts?
this is not moving up nor down significantly until fins are out, data seems convincing of that.
no interested new buyers. existing longs are fat, just waiting for fins. CE precludes many from getting in. little volume from other sources.
tweets don't move needle, nor do pumps from ihub posters. nor does criticism of ARYC IR dealings by ihub posters. stock pps remains same.
how long do we need to wait?
about another 30 days, at most until fall 2018 ends mid Dec.
that would make Mark a bonafide liar because he's spelled that out in emails; fins not related to lawsuit.
has to be another reason, or else he's a liar.
the fact this is out there without some ARYC explanation is bizarre, and i know the company history of doing things like this. esp. given Mark has stated to so many on tours of big things happening and NASDAQ...it's so bizarre dates continue to be missed yet promising emails are sent out.
makes no sense