Arrayit Corporation (ARYC)

[rh22]

The following passage from Iconic's filing is easily provable:

".... the proceeds from the sale did not extinguish Arrayit’s outstanding debt obligation."

Being a toxic lender surely Iconic has the paperwork to show the amounts of shares sold of Avant and on what dates and for how much. If the amount recouped from AVDX share sales was less than the value of the loan to ARYC, then ARYC would either give them an equivalent amount of ARYC shares or make a cash settlement for the amount owed.

I am not sure why this case is being continued and prolonged by the judge.

Something does not add up.

Sad, true and depressing.