Arrayit Corporation (ARYC)

[rh22]

A portion of today's PR from ARYC/Mark.

"Electronic Medicare reimbursement is expected to significantly increase fiscal year 2019 and 2020 revenues and earnings, which will be reported in the company's upcoming audited financial statements."

This is classic Mark speak. Here he is telling us there will be no financials till at least March 31st 2020.

Read the red highlighted words and phrases.

Fiscal year 2019 ends on December 31, 2019. Audited means it is the 10K. The reporting deadline for a 10K is 90 days after the end of the quarter.

So what he is saying is ARYC will report the revenues and earnings on March 31st at the earliest.

Notice that is why there is absolutely no rush to appoint a new auditor. Also all the talk of upgrading to the NASDAQ is pure BS.

Mark is so devious it is sickening. I have been saying this for year's.

Nothing that is said can be believed.

Sorry for the bad news.

This is all so sad, predictable and depressing.