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i do too. hit the SELL button
hold on, mark submitted for costs that appear to not be acceptable to reimbursement, though it seems cloudy on the issue, but that's the complaint. hospitals do that stuff all the time, bill for more services than performed.
what else, making a claim ABBOTT made as well? go after them! oh, but it will cost you too much because they can make the gov pay forever since they are rich.
it's soft fluff stuff here...go get the small company running out of a small industrial park in sunnyvale...WAY TO GO SEC...big win!
beating up on the little guy aint hard.
look what covid or the government has done to the littles...no more little guy restuarants, shops, stores...just big box style places, large chains.
without a doubt, you were right.
and MISS ON SOOOO MANY OTHERS
real fraudsters of real money
not thousands yet unproven but billions obvious to everyone except the paid authorities...talk about FRAUD
what $? they tried to defraud, according to complaint, $69M. they were paid much much less, already been discussed here. where is the money, what money?
nielsen, according to report, made $137K off it.
what money???
i mean, this isn't martha stewart, bernie madoff, et al.
small stuff
SEC would be better off spending USA taxpayer money towards better causes.
THIS IS NOTHING MORE THAN A WITCH HUNT. I HOPE THE SEC FINDS SOMETHING ELSE BETTER TO SPEND OUR MONEY ON, LIKE TAKING CARE OF THE POLITICIANS WHO HELPED JEFFREY EPSTEIN.
"Let the facts come from the SEC investigation not personal theories"
very good post...keep posting.
i said what is $1k?
nothing really
holding out makes more sense than blowing 1k in a day
eventually losing so little doesn't matter, it's pennies. :)
come on with the sell or you lose
we already lost
holding these last shares isn't precluding life from happening, at least for me...getting ~ 1k in return isn't worth it. i shit more than 1k
aren't we seeing that most certifications were not real to begin with?...apparently doesn't take much to get involved in the scheme...hell, one could be a fitness instructor and in days be a wellness expert. these guys smell fishy and cheap...not guys full of money flush from scamming. more like scammers trying many to desperately find a winnner.
kinda like penny stock investors.
maybe all the communications went thru Mark, front man. Rene maybe sat in her office, not getting directly involved for risk mitigation.
who knows, but those 2 complaints were the bombshells or else others would have posted at same time. the behaviors are history now, all the data had to have already been collected. doesn't seem there are any more complaints coming. the internet social media stuff by users has to be really really tough to prove.
i bet this all settles without jail time. window dressing. SEC is doing something! they proved it. haha
SEC is joke. fraud exists at the highest levels, too chicken shit to go after the big guys.
it's been my belief all along.
why bother with pennies when the real bucks are out there with the big boys.
why bother for 137K scam??? it took them year's to finally indict Madoff, and it was for hundreds Millions or a couple Billions.
SEC sux. They made the price drop. They helped ARYC lose our money.
Good guys, HA! Both sides are bad guys to me
yes, i posted, both still in office working, posted Thursday.
can't answer other questions, but i saw them in office.
right i went back and read the complaint again and the math works out to more like ~ 20-25million billed, $1million collected...about 4% of what was billed....approximately. 3 months were noted jan - mar 19. billings $6M and collections $268k.
not much if employing mark, rene, todd, mark's sister, other couple/few...and paying 20k per month rent. in silicon valley
this still doesn't make a whole lot of sense.
jason was accused of $139K of fraud. not much money.
obviously mark and aryc didn't profit significantly either. a nice porsche. what else?
they've had those cars since i started investing so they are not spending type people...shitty scam
they were charged with $69 million in fraud.
the report stated approx $1M per month in verified revenue for a few months...extrapolate to a year and you get 10-15million.
farther along, but not much farther along than in 2015 or last year's filings.
they were making money...no one knows how much, but they have collected $$
where does this put DX Allergy Solutions and others in this?
marc jablonski or michael berg
wonder if they got investigated?
that's why i don't go in. i just wanted to see if they were in mexico or still in town.
your last sentence i wholeheartedly agree with.
maybe they will release the financials now??? i believe the SEC wants them to publish, regardless of consequences.
I drove by ARYC yesterday, saw Mark and Rene both in office. Honestly, business as usual. I was expecting drama or emptiness, saw neither.
USA vs MARK SCHENA
may as well be all of ARYC
you ever hear from anyone else? oh wait, aside from the LTS back a couple years ago from Rene...it's all MARK...face of the org...now he's Bernie Madoff
not so sure about it now.
Sleeping with the Enemy!
did you suspect him of any wrongdoings at anytime you encountered him, that is PSA?
I visited Mark a couple times...I was mad last year. This year, I'm blown away...never thought it would end with him getting charged with a crime.
wow
Mark's explanation of why there were no employees - AUTOMATION = TOTAL BS
very very damaging
strong accusations of fraudulent activity submitting for Medicare reimbursement of allergy testing
Why do Rene and Todd get a pass?
Sad and depressing, indeed!
what is this?
insert-text-here
is this what some were referring to?
+1
yes, someone please explain the scam and how it benefits ARYC.
you still haven't provided any validation of SEC investigation since the original letter. none
where is this evidence of SEC investigation still ongoing?
practice what you preach! bye
can't you open a browser and look for yourself???
COVID test is still on ARYC website from my cpu
can you demonstrate a public document from the SEC, other than the April 13th suspension, that says ARYC is under an investigation and still being considered for actions?
I couldn't find a document anywhere on SEC website.
I don't think there is any SEC investigation ongoing. seems it's over and final.
other companies raided at the same time period are still suspended and have actions on SEC website in clear view of what is being charged against the companies. aryc is not included in any.
yep, my point was to the ones stating ARYC has no test
they do, it's marketed on the website
just like the other companies on the FDA list, they're doing the same
there is a test and it is being marketed and likely being SOLD for revenue!
Two companies KSL Diagnostics and Genalyte are both marketing COVID tests on their websites, both on the same FDA list as ARYC
go figure
certainly sounds like FRAUD!
drop out flunky she is
total gimmick
lost millions of people's money
FRAUD FRAUD FRAUD
LIAR LIAR LIAR
Mark would be totally insulted
yeah, but he's been saying this for months...he's still around.
maybe not run, but ask him why?
well it seems strange, as only 15 shares are filled...which isn't the whole order.
no one selling? that must be it
new website and more clinics popping up online could be the reason
I have a buy order in
Above current pps
No action on it
Wondering why not?
25 years in business
still trading after suspension
what fraud?
i think the SEC went fishing and found nothing
what proof do you have?
that URL says "India"
looks like ARYC is dealing COVID test outside of USA?