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I totally agree. Mike seems like one of the straightest shooters on this board. He has been fairly equal Pro/Con IMO. I have to say that it is refreshing when you can read object posts as opposed to all Pro or all Con.
Keep the faith Mike!
Depends if they are convertible but my point I guess is they have 39% ownership and based on common share equivalent every penny is worth a pant load. Again good incentive
Ever penny this goes up is worth $2.19mil for them. That is some pretty healthy incentive in my books.
Maybe they don't care about PPS! As of today Mark and Rene are worth $17.5mil in shares. Maybe that's enough for them. But with a little more push they could be worth 10x that! It defies reason why they aren't current!
Thank You Del!
If some are up 10000 times think where they would be if the company actually followed through on their promises. I Love my position with this company and have stated in the past that they owe me nothing but what is due a shareholder. They went public and they have accepted money from shareholders. It is our right to ask them for financial info in a timely fashion. If they don't follow through on promises it is our right to call foul!
If this is wrong then why bother having an SEC to protect investors let's just let companies do what they want unchecked. JMO
I think you forgot the rest of the sentence/question so here let me add it for you
" PR means Public Relations and if not to increase visibility vis a vis PPS for the company, why bother?"
Anything taken out of context can be twisted to read differently!
Share ownership!!!
Title of Class
Name and Address of Beneficial Owner (1)
Amount and Nature of Beneficial Ownership (2)
Percent of Class (3)
Common Stock
Rene Schena, CEO, CFO, Chairman & Director
2,000,000 Common
20% Series C Preferred
538,571 Series C Preferred
Common Stock
Mark Schena, President & Director
1,000,000,Common
19% Series C Preferred
512,857 Series C Preferred
Common Stock
Todd Martinsky, Executive Vice President & Director
1,500,000,Common
19% Series C Preferred
525,714 Series C Preferred
Common Stock
Paul K. Haje, Vice President of Marketing
0 Common
Series C Preferred
12,857 Series C Preferred
Common Stock
Directors and Executive Officers (as a group)
560,999,650 Common Share Equivalents
58%
Now honestly! Do you not think it is in their best interest for share price to increase. PR means Public Relations and if not to increase visibility vis a vis PPS for the company, why bother?
Business 101 bait the hook with Financials, hook and land the fish with PR's.
PR's mean nothing if no one is looking and PR's without financials hold no wait!
If not them who is putting out the PR's. Of course they are in the drivers seat. I said nothing about the Financials per se, just to hold off on announcements if fins don't come out.
Sorry if I don't buy the slow and steady argument. They were at .002-.005 for 3 years, that IMO, is slow enough. I am very happy with the share price now as opposed to 2 years ago, so please don't get me wrong but traction is traction so why waste good PR.
No one gives a crap that they shipped a $43,000 machine to FDA without knowing whether it puts the company in a better position.
Riddle me this, "If fins had of been released the end of July and they were as good as all hope, what would the PR's, after, have done to share price?"
My point is they are putting the cart before the horse and we all know carts don't pull the horse. JMO
If not the financials on Monday someone should plead with them to remain quiet and not announce anything. Last 2 months of announcements have fallen on deaf ears and are wasted. Wait until fins out and then blast the media for full effect.
The coles notes,
ARYC looks good on its own. No need to prop it up with BS. If Mark/Rene had kept quiet about Financials and just posted the bi-weekly announcements, I as a betting man believe we would be above $.10 and climbing. Posting guesses about Fins release has been killing the price not helping.
Good post M A C
I wasn't going to question the Monday release but if you read the email it says "the" Monday PR not "THIS" Monday's PR! Now I hope it is this Monday but if it isn't then another 2 weeks until their next bi-weekly announcement. I'm pretty sure there won't be a "quiet period" on this board should that happen.
I wish this reading between the lines and posting as if a certainty would desist as it doesn't do anybody any good. Being positive and posting positive truths is great but the rest is deception. IMO
I took someone's advice, on this board, a long time ago! Do your own DD and don't believe everything posted on these boards. There has been the sharing of great info but some of the crap that gets thrown around as truth is Ludicrous.
Sorry but I find that very disturbing. When the dividend was announced in September 2015, the record date for dividend sharing was all shareholders as of September 30, 2015 at .022/1 avdx to aryc. At that time I would have received 15000 shares of avdx worth more than $7500 as share price was .50. Those same shares are now worth .0265 or $397.5. Now it goes to current shareholders 3 year after the fact. Do you see anything wrong with this.
I certainly hope not. The way the courts work that could be years and if that's the case we will lose all to suspension. SEC won't accept that as an excuse to hold off getting current. Also do you not think the Judge will demand current financials to make a decision!?
Anyone else here feel like Bill Murray in GROUNDHOG DAY?
Hearing that Fins are imminent, any day, soon, probably get tweet after hours is sounding more and more like a broken record!
Let's face it that when, (and I believe it will occur) the Fins are released, is totally in the hands of RRBB! Suggesting Mark has any idea when the release will happen is delusional, as witnessed by all the missed dates so far.
I hope it happens soon but holding my breath so far has had no affect so I will quit listening to the noise and one day I will wake up a very happy person, because low and behold ARYC just got current. JMHO!
Good one Sloan!
Unfortunately I have been afflicted by AFRAF-FTL2Y (for the last 2 years)
Click on investor tab and you have to sign up for newsletter.
Oh and some of those grey hairs have been caused by ARYC!
Thanks Sloan! I am cautiously optimistic! Not going anywhere just hope I am young enough to enjoy a higher share price. Going on 4 years here and many more grey hairs than when I first bought shares.
I have and have posted his replies. It is the same every time RRBB working hard see no reason they won't be done end of Summer 2018. Well what is he saying now end of Fall. You can't imagine how much I want the Fins release to occur.
Do I believe it will? Wouldn't be hanging around if I didn't! I would be a fool, though, to think that nothing could go wrong at this point.
But if it was all positive and no negative on the board, I would be way more worried it was being pumped, as I have been caught in that scenario before.
So I will throw my 2 cents in when I think it is appropriate and follow both arguments in between!
Possibilities
1. Financials get done - 50% believe without a doubt, 40% want to believe but the longer it takes the more doubt creeps in, 10% believe the whole thing is a hoax.
2. Financials don't get done or don't get done in a timely fashion - in which case suspension is a very real concern. Look at AVDX, just suspended for "severely delinquent" reporting. And yet they filed the last 10Q September 2017 exactly 2 years after the last 10Q of ARYC.
It isn't bashing to bring up these points and I for one have a lot to lose if Possibility #2 occurs. I have refrained from posting when I feel really negative. There are a lot of great posts for and against on this board and I appreciate all the hard work both sides bring to the table. Some posts for and against do push the boundaries of appropriate and those get a LOL and move on.
Frustration doesn't mean loss of faith but come on folks we need to question what the heck is going on.
They have stated they will be current which means they will have to have all done including now the 3rd quarter. So if not all don't expect any.
Aren't you just a little ticked you were lied to? Just asking as I have been here for 3 1/2 plus years and this obviously isn't the first time!
I don't know what everyone is worried about Summer 2018 doesn't even start until December 1st ----- in Australia! COL
Meant conversely not adversely. My bad!
Autumnal Equinox – Northern Hemisphere
(USA, Central America, Canada, Europe, Asia, northern Africa)
September Equinox in San Francisco, California, USA is on
Saturday, September 22, 2018 at 6:54 pm PDT (Change city)
Sunrise, sunset and day length around September Equinox 2018
Countdown to September Equinox 2018 in San Francisco, California, USA
September Equinox in Universal Coordinated Time is on
Sunday, September 23, 2018 at 01:54 UTC
Local times for September Equinox 2018 worldwide
Day and Night map for September Equinox 2018
Equinoxes and solstices from 2000–2049
Summer ends September 22nd come on ARYC show us what you got! No use getting riled up until Monday. If no news or tweet by then Arrayit has missed the target again and then the board should explode.
Adversely, if they meet the target the board should also explode. Either way it will be a loud BANG!
Does that mean you expect Management to play games with investors money, because that's what that sounds like.
I am not impatient, not selling and will continue to play Devil's Advocate! What I am suggesting is that if they say they are going to do something, do it. If they can't do it, announce why.
I think we should take it literal! This was Marks reply to me and it mirrors what he told TravO
RRBB is doing great. We are reiterating our guidance of audit completion this summer. Thanks, Mark
It doesn't get anymore cut and dried than that. I don't think promoting an excuse not to follow through on the promise does anyone any good. Let's see if they come through and hope like hell they do.
Thanks TravO for the great posts. I recently received a reply on the Financials from Mark and the last line of his reply
" We are reiterating our guidance of audit completion this summer. Thanks, Mark"
mirrors what you were told. Hoping for great things moving forward.
Actually I think the debate is over this statement made by the CEO
Investors - Letter to ARYC Shareholders from Arrayit Chairman and Chief Executive Officer Rene Schena
Arrayit Corporation (ARYC) CEO Rene Schena will provide a letter to shareholders as soon as the company resumes current financial reporting (summer of 2018).
This is on the Investors menu on their site so which is correct?
Appreciate both your comments. Finally others who believe the company needs to be held accountable for their promises.
There are many who feel the company has the right to say whatever they want without impunity.
I sold enough to take 2.5x's my total investment and still hold a pant load of shares so the company owes me nothing per se. I just want the truth and to know that it hasn't all been BS. And I think 3 and a half plus years is showing loads of patience seeing as the first 3 saw absolutely nothing happen with the Share price.
I would like to ask (nicely) the Arrayit employees on this board to plead with Management to give us a Gods honest press release as to what the hold up is. It is not against the rules for them to update the shareholders. And not the crap platitude emails saying it is reasonable to expect Blah Blah Blah!
A true stand in front of a microphone and answer some questions event!!
They opened the can of worms that got everyone riled up so it is on them to keep us informed.
I haven't said much lately because it was falling on deaf ears but all the positive posts are getting a little much.
Cup half full, cup half empty! doesn't much matter without fins.
None of the so called huge news matters because it can't be proven or refuted without the fins and/or the names of the companies.
Nobody is believing the company anymore because they haven't followed through on any of their promises.
I want to believe but history is not a good read.
Please Mark, Rene, and Todd get your poop in a group, your promises need to be fulfilled.
That link has never worked for me but if I type the website and search I get on no problem. Comes up with cactus flower on that link.
I would be interested in that PDF if you get a chance. TIA
Let's try this angle
June 28 PPS = .037
July 2 News (pilot program) PPS spikes to .054
July 16 News (sale to FDA) PPS spikes to .11
Now both those were good news but no where near what we received in the last 2 and we go down. Nothing but financials will correct this and I don't care how much DD is done.
Our financial well being is at stake and I choose to question MGMT!
Can I ask a simple question?
Should we not be questioning MGMT's blatant BS? Look at the share price and tell me that this doesn't go up pennies or more if this news had come out a month ago, same as the last news release should have gone up but we went down! But because they came out after the Financials didn't show up, they are actually being questioned by investors and creating turmoil.
You can be as positive as you want but we are not going to share generational wealth if MGMT can't get current!
CE=Caveat Emptor=Buyer Beware and the Big Boys are aware!
Not a negative statement just the Gods honest truth!
I keep seeing the DD link and again I ask, what in that DD has been corroborated by financials? So many are speculating it is true, as am I, but speculation doesn't make it so, Just makes it's what we want to believe!
“You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time.”
? Abraham Lincoln
Statists.com
Albertsons 59.68 billion revenue
CVS 89 billion
No one around 50.
2000 stores 1 test per day $250/test
2000x260x250=$130,000,000 (based on 5 day work week)
2000x360x25p=180,000,000
But without fins and corroboration this PR will be wasted like last PR. They don't seem to get it that this is fluff until they can prove it. Get current and this news would send this flying.
Also if true wouldn't the retailer want their name on the news release for the free advertising alone. Reason alone would dictate naming the stores. IMO
Guess some don't have the influence they assumed when they emailed Mark not to waste Pr' s
Sorry in advance if I sound to critical, but when you tell someone you had a great summer do you mean up to September 22. I don't think so! I think suggesting the summer solstice as what Management meant by end of summer is just another excuse to allow more time to come clean. If that is the case did they ever say end of summer 2018? I don't think it is against SEC rules for them to give the reason it has been delayed. Now that would be a tweet worth reading. IMO!