$ARYC has been around for about 25 years now. It went through some difficult times and turned itself around when they out did themself with a medical breakthrough.
The company then started to nail a few large contracts. As the company expanded it began to form several marketing partners and brand expansion on the fingerstick test through these partners. Brand expansion was necessary to ease expansion & make it easier with billing IMO.
Several links, pictures, and conference calls have been provided to verify the connections.
Simply longs here sharing links and screenshot emails to show the truth… The technology is being used, some links state that demand for this technology is high, FDA & USDA links are available, & it is in fact a verified CLIA approved lab…
The stock is trading at about 6 cents a share and they offer folks to go view the lab, see the technology, meet a few staff members, enter the million dollar clean room, go hands on with real test that are being process, and receive a free test yourself with results mailed to you.
Buy or sell doesn’t matter to longs. In my opinion the CE is a buying opportunity. Longs are still here… This is a real company and not a p&d stock. Opportunity is here for those who wish to believe.
Here’s a history about the audit…
“We retained RRBB in December of 2016 and they began the audit in earnest in May of 2017 after the tax season. Approximately one year was devoted to very detailed background work (verifying financial transactions, inventory, Monte Carlo etc). Thereafter, the audit is the industry standard 8-12 weeks per fiscal year”
So 8-12 weeks began May 2018?
Someone on the board posted that the last deadline was missed due to billing issues with about $50 million in one quarter.