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Sloan89RH

11/04/19 6:51 PM

#164348 RE: Lazio1900 #164344

The dates that Mike and I posited in November for possible reporting of financials are based on assumptions that seem to make some sense...quarterly reporting date and 90 days from filing of the SEC Form 15. The dates were not intended to create undue expectations again like the April 1 date. As indicated earlier, we don't know what kind of agreement was made between ARYC and the SEC when the SEC Form 15 was filed, but it would seem that the time frame to produce financials would probably be rather limited...like 90 days. Also, in my opinion the company has many accomplishments this year and are anxious to share them with stockholders. So, there is a real incentive for them to shed the specter of CE and become fully reporting. Maybe we won't see financials in November but I don't think we are talking months and months of delays. I don't think the SEC would allow that much time to elapse.