Arrayit Corporation (ARYC)

[kraki]

The $10 million figure refers to "the last day of the issuer's three most recent fiscal years".
The most recent fiscal year was 2018. Things were just starting to pick-up then.
Hopefully, by the end of this year they will be over $10 million and will be compelled to re-instate regular reporting.

My thinking is they made this move for several reasons:
1.To avoid any distractions while they focus on resolving the Iconic and Taub cases, possibly prepping for jury trials or final settlement negotiations,
2.To finalize current financial disclosures (albeit, probably unaudited),
3.To re-emerge phoenix-like without having to account for the presumably chaotic accounting 2015-2017.

Anyway, that's my theory.