Replies to post #117259 on Arrayit Corporation (ARYC)

[PennyStock Alert]

Thank you kreilly. Interesting

[Gold prospector]

Great points!

[MikeCr]

krielly - How long before they get "the letter" from the SEC?

Since it was instituted, the SEC Delinquent Filers Branch has suspended the trading and/or revoked the registration of thousands of companies, often in sweeps of large groups of filers in a single day. Generally, a delinquent filer will receive a letter from the SEC giving the Company 15 days in which to make the filings current, and if such filings were not made current during that time, the SEC would institute administrative proceedings to revoke the registration of the Company’s securities

http://www.legalandcompliance.com/securities-resources/bringing-delinquent-exchange-act-reporting-companies-current/