Replies to post #136763 on Arrayit Corporation (ARYC)

[mfdesigner]

Lee Iacocca, Crysler CEO, used to say on a CNBC interview, that his strategic mistake during the early year of his term in Crysler is listening to investors.

Clearly most investors don't have the best interest in mind as the company in making long-term gains.

[BBstocks77]

Nice post SK
copied below:


I think what was important at one time is no longer as important. Back when they first started announcing stuff, they wanted to show people they were making their comeback.

Now, priorities have shifted a bit. They’ve been able to start billing a mil a week. Then two mil a week. I heard that part of the pause on releasing Q1 19 was the pay cycle. So even with all the new billables, insurance takes 60-90 days to pay. So if in April they have 6 mil more in profit they could have shown but were waiting for payment, they decided to wait to release all together but at the time with the most impact.

I think Mark has been a bit to eager to tell everyone they were going to release when they weren’t. A mistake for sure. But talking to him, most of those times he really thought they were coming. They definitely should have made some better executive decisions, but that still doesn’t change the fact that they have contracts with huge gov agencies and healthcare facilities and aced multiple rounds of testing and are locking in more and more revenue streams a week.

I’ve been here for almost two years. I don’t mind waiting another year if I have to.

Don’t let the ‘poor’ management distract you from their very unique tech they’ve developed. A widely used, highly profitable, one of kind tech. No matter how you think they could run it better, the tech is brand new and has been selling itself off the shelf with no slow down coming in sight