Arrayit Corporation (ARYC)

[Delsurfer]

The main reason for the audit is that it was a requirement with their most recent loan with TCA. There is language in there that says this. I have posted it before and I can repost when I am back at a computer. They supposedly had 90 days from the date of the contract which was sometime in October which brought the due date of flings to mid January.

I asked Mark whether missing this deadline was an issue. He simply responded that they are current with TCA. That response is open to interpretation as is most of what they write. I wasn't asking whether they are making their payments. The requirement to get current really had nothing to do with making payments. I was fearing another Iconic situation where they can convert to shares because they breached the terms of the contract.