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MikeCr

04/14/20 1:50 PM

#190924 RE: Alyssa #190921

I'm sure that there is an open investigation by the SEC and Arrayit will have a chance to respond to the issues raised. Then it's up to the SEC to decide the next step.

IMO
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techmover

04/14/20 1:52 PM

#190927 RE: Alyssa #190921

I will reserve my judgment until April 27th whether ARYC goes to the greys. Too many questions right now and no clear answers.
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kraki

04/14/20 2:22 PM

#190957 RE: Alyssa #190921

The delinquency should not have been mentioned, because they had approval from the SEC to resolve it, although realistically time was running out. The problem is that this casts Arrayit in a horrible light and make them look like a fly-by-night outfit.

I get it. They made that bed and I've been sleeping in it.
However, I expected we'd have until the end of this month to get this resolved on their own. If they didn't file fins by then I figured they would be toast.

Still to have the plug pulled prematurely because of misinformed comments by third parties is aggravating. Bizarrely, the damning claims come not from Arrayit, but rather from others trying to "help" Arrayit; either to boost sales or the share price, but the long knives were out for the unwary.
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janice shell

04/14/20 6:44 PM

#191144 RE: Alyssa #190921

Also, am I the only one who thinks it is very strange that the SEC seems to be superceding itself with its claims of late filings when it should know that ARYC already has a Form 15 in place?

The SEC said nothing about late filings in its suspension notice. It's made no meaningful disclosure since 2015. Not at OTC Markets, not anywhere. All it's managed are a lot of tweets. With sometimes nutty photos.