Replies to post #189989 on Arrayit Corporation (ARYC)

[Jeffpacman]

And another one. It just keeps going : )

[rokkdatstock]

See this yet??? BUYER BEWARE - CAVEAT EMPTOR

Don't believe all of the hype & innuendo that you are hearing.

Here is the truth about ARYC:

The OTC has marked this stock with the Skull & Crossbones designation (which means that there is a "public interest concern associated with the company").

https://www.otcmarkets.com/stock/aryc/security

The OTC has marked this stock with the Dark or Defunct designation (since they have gone completely dark after filing SEC Form 15 in August 2019).

They have eluded posting financials for over 4 years (16+ quarters). Their last 10K annual financial report was for 2014!

They have had 2 auditors resign on them over the past few years (Moss, Krusick & Assoc in 2016 and RRBB in 2019).

Resignation letter of Moss, Krusick and Assoc dated January 18, 2016:

https://www.otcmarkets.com/filing/html?id=11720895&guid=uE9bUagUSL_ECth#ARYC_EX161_HTM

Resignation letter of RRBB dated June 3, 2019 from RRBB:

https://www.sec.gov/Archives/edgar/data/1084507/000143774919011897/ex_146873.htm

They were sued by an employee - their Vice-President of Operations (who won $135K judgement against ARYC) - because they stopped paying his salary:

https://unicourt.com/case/ca-scl-brian-kinnerk-vs-arrayit-corporation-et-al-757181

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153056546

They were sued by Recap Marketing and Consulting for Breach of Contract. ARYC settled and paid them 1.25 million shares.

There were sued by The Nemours Foundation on behalf of the Alfred I. Dupont Hospital for Children in regards to the purchase of a tissue microarrayer instrument. ARYC settled and paid $21,000.

They are currently being sued by one of their lenders (Iconic):

https://roa.sdcourt.ca.gov/roa/
(Enter in case #37-2018-00038483-CU-BC-CTL)

They are currently being sued by their transfer agent (Standard Registrar & Transfer Co).

They are currently being sued by partners (Taub et al):

https://www.pacermonitor.com/public/case/7087204/Taub_v_Arrayit_Corporation_et_al

Just last week, Taub won a major victory when the court granted Summary Judgement for 2 major pieces of the case (worth about $21 million):

https://www.courtlistener.com/docket/6441913/194/taub-v-arrayit-corporation/

They are currently being sued by customers (McGowan et al) in a class action suit:

https://unicourt.com/case/urc-HFKCQLB6J5ADUI4PJNRXNE3VNZPR40989#dockets

They are currently being sued by their landlord for eviction. He won the 1st case (in 2018), and they are now involved in a 2nd case.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153231088

https://unicourt.com/case/ca-scl-dollinger-oakmead-associates-vs-arrayit-corporation-1087428

They are currently being sued by the Universidad Nacional Autonoma de Mexico (a highly prestigious university):

https://www.pacermonitor.com/public/case/32408450/Universidad_Nacional_Autonoma_de_Mexico_v_Schena_et_al

They have two patents. One patent has expired, and the other is about to expire in July 2020:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=153535187

They sell a product (Pinnertest) that is shoddy science and is NOT recommended by many medical associations (including the American Academy of Allergy (AAAAI), Asthma and Immunology, American College of Allergy, Asthma and Immunology, & National Institute of Allergy and Infectious Diseases).

They sold off one of their most promising products (OvaDX) about 11 years ago (2009).

Another promising product (the Food Safety Test) has been tied up in court (against Taub et al) for over 4 years (with no end in sight).

They have suspended all PRs.

They have suspended all tweets.

They have filed SEC Form 15 (in August 2019) and gone completely dark.