Arrayit Corporation (ARYC)

[rh22]

Apropos to my previous post, the fact that ARYC has yet to announce a new auditor to pick up where RRBB left off, should not be viewed as a positive.

There is no secret plan. It is as bad as it looks.

The reality is closer to the following scenario: Rene and Mark cannot produce verifiable financials that back up their internally "completed" financials. So they were unwilling to respond to RRBB'S requests for information to certify the financials.

Hence no new auditor can be appointed. They too will ask for the same information that Mark and gang will be unable to produce.

In fact this is why Mark has been reluctant to appoint outside independent Director's, and why the Schena clan continue to run ARYC like a mom and pop bodega after two decades.

What a sad, depressing turn of events.