Replies to post #400 on Arrayit Corporation (ARYC)

[bart]

You have to wonder about the good old days of the IPO. ArrayIt should be cash rich based on its potential and should have been able to raise sufficient monies to do it all, partners or no. Apparently there's a $4 million settlement due reasonably soon which could help.

[JJBenzo]

You point out ARYC biggest weakness but here is the fix.

Link here
http://sec.gov/Archives/edgar/data/1084507/000105901609000137/0001059016-09-000137-index.htm

Page 21

PART II – OTHER INFORMATION

ITEM 1 - LEGAL PROCEEDINGS

Civil Action number 01-2226 between TeleChem International, Inc., Pediatrix Screening, Inc. and Pediatrix Screening LP went to jury trial in the United States District Court in the Western District of Pennsylvania in the summer of 2007. The jury awarded TeleChem $5 million in damages for Pediatrix's breach of contract, fraudulent misrepresentation, and punitive damages. The jury awarded Pediatrix $1,085,001 for TeleChem's breach of contract. Pediatrix appealed the jury's decision, and requested that the damages award to TeleChem be reduced. This appeal was denied. Pediatrix put $5 million in bond, and submitted an appeal to the Third Circuit Court of Appeals to request that the damages award to TeleChem be reduced. The parties await the Third Circuit Court's response.