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The larger dollar tweets from ARYC are always about 'sales requests", not "sales'.
Sad and depressing because the sale never happens.
"Arrayit sales and marketing team reports $135,000 microarray life sciences platform sales request from a leading healthcare company HQ in Quito Ecuador and serving the lucrative high-growth South America healthcare and consumer lifestyle testing markets"
ARYC'S daily twitter posts are clearly declining. This could be for one of two reasons.
1) Business is slowing so there is less to tweet about.
2) Mark has less time to tweet because he is laser focused on getting the financials ready for prime time, in a timely manner.
For all our collective selves let's hope it is the latter.
Sad depressing and frightening.
How the hell does Mark - the reputed twitterer in chief at ARYC - have the time to find photos of scantily clad women to attach to each worthless BS fluff tweet?
Unbelievably unprofessional and embarrassing.
Sad and depressing.
I have never encountered another firm on the pink sheets that announces a run to build $27 million in inventory - which presumably results in future sales - and trades down the next two days, on minimal volume like ARYC.
Something is very seriously wrong here.
We are about to find out.
Sad but true.
Delsurfer thanks for your clarifying posts.
It looks to me that Iconic is on the back foot.
But what do we know about the Taub case, now that we know that the 70 million restricted share issuance has nothing to do with Taub.
Can we all rely on your munificence to untangle the latest developments in that case too?
TIA.
I like your references to sailing.
Very creative and well written for a change, on this board.
Keep up the good work.
Up to the judge.
But given the backlog in the court, probably in June or July.
Sad true and depressing.
I think the plan is simple and very doable and logical.
Mark waits for the judgement. If it is negative he releases financials forthwith and gets a good bump in the pps and sells an amount of shares at the higher price to cover the judgement.
There will be time enough for that.
I have always believed that is the plan.
New worthless BS fluff tweet from ARYC:
"Arrayit marketing team expands VIP shareholder tour this Thursday 4/11 from 2-3 PM to include JetBlue superstar pilot Patrick and two additional VIP shareholders Dave and Gabe. Looking forward to meeting with you all in our Silicon Valley HQ in a few days!"
Really?! Mark has time to waste with "super star" (?) Jet Blue pilot Patrick and Dave and Gabe - all three are random shareholders - on one of the VIP tours?
I thought he was "laser focused" on running the company.
Unbelievable sad and true.
Delsurfer thanks for posting. To me Mark's response about issuance of restricted shares six months ago as per court order is very revealing on several counts.
1) Back in October (approximately six months ago) ARYC's shares were in the 7 to 8 cent range.
2) So 70 million in restricted shares adds up to an amount somewhere between $4.9 million and $5.6 million. i suspect this is a payment into escrow pending final judgement.
3) So the possible judgement that ARYC could get hit with is probably going to be in that ball park!
4)Does ARYC have that kind of cash? it is quite a large amount, or will they have to sell shares(dilute)? I doubt they will give Taub shares.
5) I hope now people realize why the Taub case is a major reason for the holdup in financials, as I have been saying.
6) The positive is that for the Taub case, the end is nigh.
Sad true and depressing.
Another BS cheesy fluff worthless tweet from ARYC's shady slippery management troika:
"Arrayit marketing team schedules VIP shareholder tour on April 11 2019 with superstar JetBlue pilot Patrick at our amazing Silicon Valley headquarters to meet with management and demo our new healthcare tests for allergy and dietary wellness. Welcome Pat!"
Who the hell refers to a run of the mill - I am sure he is a nice competent guy - fleet pilot as a "superstar jet Blue pilot"?!
Over the top BS.
This stuff damages the credibility of management and makes them look desperate small and cheesy.
Unbelievable, sad and depressing.
With an RSI under 30 ARYC is severely oversold.
It has nowhere to go but up, at least in the short run.
Any hint/update of financials in Monday's PR should put this stock into orbit and double digits.
However another worthless BS PR on Monday - a likely outcome - should tank the stock down to 0.3.
Sad true and depressing.
Folks need to understand that ARYC does not have any SEC deadline to file financials. They have been trading on the pink sheets since 2016.
In fact ARYC was reluctantly pushed into hiring RRBB by their then toxic financier TCA. (see my post from yesterday, entitled a little history).
Even though ARYC settled with TCA back in April 2017, they could not fire RRBB because that would have cratered the stock. You don't fire your audit firm for no cause.
So they have reluctantly continued with the audit process and have been deliberately dragging their feet
Hence 3 years after RRBB was hired financials are still not available.
Sad true and depressing.
It is all public knowledge.
If you can read you should be able to find it.
Unbelievable.
Sad and depressing.
I meant TCA. Mark has tangled with so many slimy toxic lenders over the years, it is difficult to keep track of all of them.
The important point is ARYC did not want to do an audit and probably still doesn't. They did not select RRBB either!
Share that with your true believer pals!
Unbelievable.
Sad and depressing.
This is not a correction it is much more.
It is a "bear market" in ARYC stock. This is an 80% decline in share price, which is more than a 20% drop, the definition of a "bear market"..
Get real.
Sad true and depressing.
But you are forgetting that in 2014 and 2015 ARYC was not trading on the pink sheets.
In 2016 they were busted down to the pink sheets because the stock price fell below a penny.
So you are not correct.
ARYC has no filing deadline because they now trade on the pink sheets.
Sad true and depressing.
A little ARYC history:
1) ARYC did not voluntarily hire RRBB in October of 2016 to do an audit of past year's.
2) They were forced to hire RRBB by ARYC'S then toxic financier Iconic LLC. In fact Iconic selected RRBB to do ARYC'S financials.
3)Iconic LLC desperately wanted the audited financials for ARYC done, so that they could start selling ARYC shares to recoup their loan. In fact Iconic loaned ARYC $60K to pay RRBB to complete the audit. it was held in escrow.
4) However in April 2017, ARYC settled with Iconic LLC, so the urgent need to get financials audited was not necessary.
5) Here we are almost three years later and the foot dragging continues. Still no financials.
So those who claim ARYC WANTS TO release audited financials are not correct.
Remember because ARYC trades on the pink sheets they do not have to provide financials. There is no SEC deadline.
So many could be waiting for financials like Godot.
Sad true and depressing.
I think Mark meant "unethical" in the tweet below:
"Arrayit reports shortlisting for the 30 UNethical Companies of the year 2019 by the prestigious Silicon Review magazine published in Silicon Valley California USA and showcasing premium public companies in the massive technology and biotechnology markets"
Sad true and depressing.
ARYC will not be suspended by the SEC as many are conjecturing.
However the kind of volatility that ARYC has exhibited in the last 3 days has definitely attracted the attention of the SEC, who may have contacted ARYC for an explanation.
Sad true and depressing.
Even at these shockingly low prices ARYC buyers are few and far between.
37 million share sell volume and about 10 million share buy volume.
Thanks Mark! NOT!
Sad true and depressing.
Given the volume this can only be Professor Nielson lightening his 141 million share load.
Honestly Mark is a real disgrace.
He has destroyed all confidence and credibility.
Sad true and depressing.
Can you translate this "MarkSpeak" please.
Who is this?
Any guesses?
Arrayit clinical sales team reports allergy testing services sale to a leading health benefits provider HQ in the United States and providing premium commercial healthcare coverage to more than 380,000 senior Americans through a 9,000+ top clinic network arrayit.com/Clinical/Allergy_Test/allergy_test.html …
I for one am glad MM's are providing stability and orderly trading.
What do you think the pps would have been with the tsunami of selling over the last few days, in the absence of the MM's?
Downdrafts and a lack of up drafts are not due to MM's.
More old wives tales from naive penny traders.
Unbelievable and sad.
Clearly Mark is pulling a fast one, by claiming that last minute insurance billing problems stopped ARYC from filing the promised financials.
ARYC has adopted an automatic billing system!
This is more BS and spin.
The lack of financials is tied to the adjudication of the Taub case.
You can take it to the bank..
Sad true and depressing.
Well in my opinion this sell off is seriously overdone and is a bit surprising.
After all as some have noted, there is no obvious evidence that ARYC'S fundamentals have deteriorated. If anything they seem to be getting better.
The day traders are all gone by now.
I am wondering if some big long term shareholders are lightening the load, like Professor Nielson.
But I do expect a slow return to double digits by April end, or earlier especially if Mark surprises us by releasing financials soon.
Sad but true.
If any other stinky pinkie posted the tweet below it would soar:
"Arrayit clinical sales team reports clinical testing services sale to a leading health benefits provider HQ in the United States and providing premium commercial healthcare coverage to more than 100 million Americans on annual revenues topping $220 billion"
Well ARYC just did and it continues to selloff.
Sad when management has no credibility.
Sad and depressing.
I assume human beings are rational and generally tend to behave in their own self interest.
I include Mark in this group.
So why would Mark do something like not release financials as promised?
He must have known investors would react negatively which would be reflected in a lower stock price, albeit not down 70%!
So why did he do it?
You are kidding with your price per share forecasts.
Will not happen.
Not sure ARYC will get to double digits in the month of April.
Sad but true.
Oh ok. I thought it was a new LTS.
I hope they put out a new one with the higher billing revenue figure and a specific date for the release of financials.
Or else ARYC will keep drifting lower.
Sad but true.
In the new LTS, ARYC is now back to billing $1 million a week!
What happened to the $2 million a week?
To wit:
At year end, we implemented a new electronic medical billing solution and we expect to bill $1 million per week for our health and wellness tests.
Sad and depressing.
Sadly the new LTS is seriously inadequate.
To wit:
"The actual contribution of medical reimbursement to our revenues and earnings will be detailed in financial reports, which we anticipate filing in the coming quarter."
A specific date for release of financials is needed.
Sad but true.
No he is not an idiot.
He is very smart and wily.
He is a wordsmith of the highest order.
Nothing he says is straight forward.
He has been playing you all naive unsophisticated penny traders like a master fiddler.
But he may have overdone it.
Even Mark must be shell shocked by the reaction: down 70% in a day and a half of trading.
I have been warning you all for months.
Sad true and depressing.
I have to admit the selling is overdone.
It's not like ARYC failed to acquire FDA approval for the one thing they had going.
ARYC is growing as JRSH'S spreadsheet notes.
All that needs to happen is slimy Mark needs to come through with financials, even the 2014, 2015, 2016 and 2017 filings will do the trick.
Those are definitely done.
Not posting even those financials and allowing the stock to crash 65% (this is a catastrophe!) is just irrational and stupid.
What the F&^% is Mark up to?
Sad and maddening.
With 141 million ARYC shares owned, Professor Nielson needs to read Mark the riot act.
Mark is just a shameless con man.
Honestly this type of bald facing lying is unusual even in stinky pinky penny stock land.
Sad predictable and depressing.
Over 40 million shares traded since yesterday.
This is more than just day traders.
Wonder if the Professor has begun to lighten his 141 million share load?
Not good.
Sad and depressing.
Looks like the 2019 revenues are beginning to tick up.
It is the allergy test revenues.
What is your take on the spread sheet you posted. Thanks for that.
ARYC: 30 million shares traded and down 52%! with 90 minutes left on the trading day.
This is carnage on a massive scale.
Honestly Mark should be ashamed and asking forgiveness for his callousness and lying.
Sad and predictable.
you say: "true but they aren't releasing the 1Q 10Q until all prior periods are released, audited or not."
According to his repeated assertions the audit process was on time/early by industry standards - 8 to 12 weeks per year - and hence they would all be released at once as per LTS. or at least this was the reason for the delay back in Q3 2018.
This is just out and out lies and obfuscation.