Arrayit Corporation (ARYC)

[mdimport]

A lot of people reported $ARYC to the SEC. That exposes not only $ARYC as a corporation to litigation, but also the management team for issuing fraudulent misstatements about the status of the audit over the past couple of years.

I suspect the real money is tied to those who had insider information and made money during that period.

Finally the question about whether $ARYC could or couldn't file their audited financials for the deficient period has been answered: $ARYC couldn't.

There are serious deficiencies here. It's never a positive for a company to deregister and go dark. It's even worse if the company lied to the market about it's ability to complete an audit.

For those who have brokers that do not allow purchasing of CE stocks while the run-up phase in the stock price was missed, at least those account holders are not holding a dead stock.