Replies to post #201894 on Arrayit Corporation (ARYC)

[Neotide]

Unfortunately for Dr Schena & CEO 1,

There are very strict rules in regards to Medicare. So you can call it whatever you want (bonus, commissions), they are all considered kickbacks if you get paid for a referral. I believe in the public documents they stated that they had fake invoices to cover up the payments.

They already have another person (Besides Dr Julie) that plead guilty to getting such kickbacks: Clinic admin Madan Mohan pleads guilty to kickbacks.

UPDATE: Clinic admin Madan Mohan set to plead guilty to getting kickbacks from @arrayit prez Mark Schena for having allergy tests - some unneeded - to be run by company & bundling it w/COVID tests to boost @MedicareGov claims, per @USPIS_SF @DHSgov @FBISanFrancisco @USAO_NDCA pic.twitter.com/OXt7SyZV2N

— Henry K. Lee (@henrykleeKTVU) November 21, 2020

As for the insurance fraud, they have a statement from Dr Julie about her medical ID used to submit to medicare without seeing the patients submitted for insurance.

And, they also ran the full panel of allergy tests along with Covid when deemed not medically necessary another serious violation of the rules.

The DOJ already has two guilty pleas so it's not going to be that difficult to prosecute at all. There might be more by the time Dr Schena goes to trial.

The Grand Jury looked at the evidence and indicted Dr Schena. So the defense has an uphill battle.

That's not even getting to the other 3 counts the SEC has added to the DOJ criminal indictment.

I'm not predicting how this going to turn out, but what I will say it's very difficult to have statements you gave to the DOJ/SEC get refuted by two others named in the conspiracy that plead guilty.

[Alyssa]

It is still a mystery to me that if Mark and Jason Nielsen were in cahoots, why would Nielson sell over 32 million shares on 4/4/19 and 4/8/19 immediately after the April Fools debacle, which gave him gross proceeds of $1,307,735 (estimate) as opposed to having insider knowledge from Mark that financials were NOT going to happen so he could have sold at $.19 or $.20 for gross proceeds of $6,410,400 (estimate) with that "insider" knowledge.

I mean, why would he deliberately lose about $5,102,665? This tells me that he was as surprised and upset as the rest of us when financials didn't materialize so he dumped shares just like many shareholders did.

Makes no sense. So big deal, he made something like $137K supposedly because of posting positive comments about the Covid 19 test and playing bid games! That's NOTHING compared to the $5.1 million he "lost" in April, 2019.

Mark would have been obligated to file Forms 4 if he had sold or bought any shares, but none were filed. Was he trading shares anyway? Did he sell any shares in March of 2019 while the share price was moving up because of anticipated financials?

I agree with you about the "kickbacks" and many of your other comments. Not only that, but he is accused of "bribery." Did Mark threaten to break someone's kneecaps if they did not order tests from Arrayit? What are they even talking about?

I am looking forward to the trial in March to see if any of these questions are answered.

[I-Man]

Sambone is this really any different than say the current JC Penney situation where CEO and other Top execs paid out $Millions in personal bonuses on the same day they filed C11 after markets closed !!??