Arrayit Corporation (ARYC)

[janice shell]

The SEC handles these things on a case-by-case basis, and no one can say what will happen during the 10-day period.

Actually, it doesn't. They're all pretty much alike, except in one way. A company can be suspended for one of two reasons: delinquent filings or suspected fraud. ARYC isn't a delinquent filer, so... BINGO!! Suspected fraud!

Delinquent filers will also be subjected to an administrative proceeding to revoke registration. They'll then disappear forever, unless their management decides to file a new registration statement at a later date.

Companies whose stock is suspended for suspected fraud may or may not be sued by the SEC at some point. That can happen fairly quickly, or as long as four or five years after the suspension. But the company is not obliged to do anything at all. Nor is the SEC.