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Either way, we're a lot closer now than before. Thanks for the info
Audit has been completed and statements have been filed with the SEC. Now just waiting for SEC to declare it as effective:
"a quiet period extends from the time a company files a registration statement with the SEC until SEC staff declare the registration statement "effective." During that period, the federal securities laws limit what information a company and related parties can release to the public"
When SEC gives the ok, everything else falls into place. No worries fellow longs - this is no longer in RRBB or Arrayit's hands. Let the SEC do their job. Later on the FDA will get to do theirs and we will fly
I would rate them appropriately as expected and better than other stocks in the OTC. That's why I put majority of my money in index funds and not waste my time complaining about OTC stocks. I'm in here for the long run because I like ARYC compared to a lot of other OTC companies. My end game is making extra $ here. Key word: EXTRA. I have nothing to gain by posting negative things about it unlike some people who are paid to. It's not like I'm depending on this for retirement lol
Yes I did. Now I'm 700% up
I'll totally trust this over the work RRBB has done and reported to the SEC! ??
Peeks through her office blinds at Mark trying to reply to all the emails. I don't know LOL
Rene should be preparing that "Letter to Shareholders" soon IMO $ARYC
Thanks I appreciate the sentiment! As much as I love dreaming ahead, I totally understand why it's important to stay objective. I don't have as high expectations about OTC companies as I do in let's say a Vanguard Index Fund so at the very least they (ARYC) are being as transparent as they can. The thing that get's me believing is that not a single company or organization has come out to contradict ANY of the tweets they put out. The FDA believes in this company, the USDA...on and on and now finally, the SEC. We'll see how it all plays out.
I would think that, but he's a biochemist at heart. His work and knowledge revolves around the science that built the company. I bet if you ask him anything about the science - he will articulate the sh*t out of that topic so much it will make your head spin.
Should he have hired a president who can speak to investors about the business of the company? Sure, why not? He's doing his best to communicate, and he only communicates whatever is shared with him with his SEC lawyer, RRBB etc. I think it's Rene, actually, who should be more up front with investors. She's been in her own quiet period since forever. As CEO she should be the one communicating
Good thing they have an experienced SEC lawyer working with the company then. -_-
A then B. C and D are plain stupid.
You're always welcome! Next waiting point is FDA approvals. Can you imagine the pps after CE is removed and FDA/USDA stuff starts coming? Remember, Marc already has PRs lined up with news for the rest of the year
Dear Cary, We have now entered the “quiet period” with respect to the audit. Our next update will be the 10-K filing. Thanks, Mark
Same message just confirming. Everyone have a GREAT weekend. Big days ahead!!
!!!!!!!! :) $$$$$$$
Dear Cary, Thanks very much for the feedback. We had numerous communications with RRBB today regarding the financials. Dan Brown at RRBB (dbrown@rrbb.com) can confirm they are working intensely to complete. We are expecting the financials to be completed any day now and will announce immediately via Twitter. Thanks, Mark
I don't think Mark replied with the intention of us following up with Dan Brown. I think he included Dan's email to show that they (ARYC) are in constant communication with RRBB and that Dan is indeed (a real person) working on the audits. I know many of you are frustrated but at least Mark said "any day now" which implies progress has been made. If he simply said "by Fall 2018" then I would be more pissed.
Check post 99989
I understand. That's why I'm hesitant to post anything when it seems to be the same message every time. It's frustrating but I hope we're closer than we all think
Haha! I love it!
You're welcome! Glad Mark was able to respond to my email so late in the day
Update from Mark: (I bolded the pertinent information)
Dear Cary, Thanks very much for the feedback. We had numerous communications with RRBB today regarding the financials. Dan Brown at RRBB (dbrown@rrbb.com) can confirm they are working intensely to complete. We are expecting the financials to be completed any day now and will announce immediately via Twitter. Thanks, Mark
Hey Mark -
Any updates from RRBB about when or if they completed the financials this past weekend? It's officially after Summer 2018 and notice you guys updated the website to Fall 2018. We as shareholders were encouraged by the news on your website saying that you would be current by this summer - yet here we are without any news. We do appreciate the PRs and business updates, but bottom line is that we (along with more investors) cannot buy or invest more without seeing financial information.
Thank you,
Cary
Not sure who you're talking about :) Isn't that what the ignore option is for? $ARYC
I agree. This has been ongoing since 2016 per the last 8-k:
On October 25, 2016, the Company received $267,799 after (i) the escrowing of $67,801 for payments to professionals and others in connection with bringing the Company’s audited and unaudited financial statements current; (ii) payment of $42,500 to accounting professionals; (iii) payment of $20,500 in fees due TCA and its professionals; (iv) miscellaneous payments of $1,400.
This is a significant amount of money paid to get the audit completed
RRBB is to blame for the financials hold up. The financials are out of Arrayit's hands and has been for quite some time. As frustrating as it is, Arrayit updated the website to reflect Fall 2018 to show transparency. If this company were to be suspended, it would have already happened many many months ago. Fact is, though, that the SEC is fully aware of the audit process going on which is why nothing has happened (in terms of suspension and other BS that negative posters are trying to convey). I will continue to hold because I believe we are much closer than the end of Fall. Updating the website to reflect a new window doesn't mean the audit process has to start over. Progress has been made and if Mark was feeling it was close - then it could be a matter of the next few weeks at most.
LMFAO! Thanks for this laugh, BruceWayne. Needed this today $ARYC
I meant to post this on Friday but I figured it would just be ignored:
Dear Cary, RRBB is working on the financials today and this weekend. Let's see if they complete the audit between now and Sunday. Thanks, Mark
Hey Mark -
Any chance of RRBB getting the financials done today? It's officially the last day of "Summer 2018" tomorrow so may have to change the verbiage on the website if it hasn't been completed yet.
Thanks,
Cary
Hey PepsiMan welcome aboard!
Best DD is going there in person! This stands out to me as most significant:
they were just questioned by FINRA regarding twitter and handled it promptly and proved tweets true.
Fins are up to RRBB to complete. They are completely independent from Arrayit and must be kept that way. They are very thorough.
FDA approval by end of year is expected by him.
Pretty sure they extended tours past Sept 1. Here's an old tweet for reference:
Arrayit marketing team extends VIP shareholder company tour schedule through September 1 2018. Please contact us by email vip@arrayit.com to schedule your private tour including finger stick healthcare technology tutorial and personalized medical testing http://arrayit.com/index.html
TravO, thank you for visiting and providing your insight. Much appreciated and EXTREMELY excited for holding long.
So your lawyer is aware of the manipulated/edited website you posted as well?
Great so you're into public defamation now? Good luck with that. Hope you lawyer up
Yeah the topic you have no understanding about
I still wonder what Jason Nielsen knows. Having and holding 130+ million shares...I think I'll keep holding if this guy keeps holding:
http://scipp.ucsc.edu/~nielsen/
Ace, sorry I don't have access to PM replies but yes, the info you gave me is accurate
Update from Mark at 6:24PM
Hey Mark -
Any chance of completing all the financials within the next 2 weeks? It looks to me like they will all be released simultaneously at this point.
Thanks,
Cary
Dear Cary, Based on feedback from RRBB, completion within the next two weeks is reasonable.
Thanks,
Mark
Seems like the two sentences are independent of each other:
"RRBB is making great progress and we are confident they are on track to complete the audit."
The on track, to me, implies they are still within the time frame stated on their website.
"We are excited about the remainder of this year. Please stay tuned for our financials and news."
To, me this implies more big things after the financials have been released. Just my opinion and how I interpret it
Indeed. Like clockwork 5:30AM sharp
No way! That FPDS.GOV looks like a legitimate government website! Why would the government buy products from a scam company, HighYieldStocks? Do you think the FEDERAL PROCUREMENT DATA SYSTEM folks reported that they bought a fake scam product from a scam company? So weird! ;)
That's weird. My calendar says 9/7/18 and it's still summer where I am. I didn't realize it was already the end of summer for some folks here. Let me check Arrayit's website again.
Arrayit Corporation (ARYC) complies with federal rules and regulations governing public companies, including making disclosures with the United States Securities and Exchange Commission (SEC). We will resume quarterly and annual financial filings during the summer of 2018. Please consult ARYC data at sec.gov for our current and past filings.
Hmm. Strange. 9/7/18 and summer already ended for some people.