Replies to post #199252 on Arrayit Corporation (ARYC)

[lucky, mydog]

Mark said that it was Arrayit's fault and not the auditor's fault that the financials were not completed. That was nice of Mark to take responsibility, but where is the crime?

not charged with that.

His statement that they were in a "quiet period" is not a crime, is it?

not charged with that.

[mdimport]

When a company tweets its generating $2M per week revenue and working with top level institutions, many would conclude $ARYC was in good health financially. So for those, and other, reasons I disagree with this comment.

Those who have been here a while KNOW that the prior years' financials weren't going to be pretty.

I disagree with pretty much all of the commentary to be perfectly honest.

[WebSlinger]

<< Mark said that it was Arrayit's fault and not the auditor's fault that the financials were not completed. That was nice of Mark to take responsibility, but where is the crime? >>

It is against the SEC regulations to withhold financial statements from investors. ARYC intentionally withheld information for years.

RRBB resigned because they knew what was going on was illegal and didn't want anything else to do with it.