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Arrayit Corporation Message Board

  • cancerdx cancerdx Apr 15, 2014 7:39 PM Flag

    ARYC - record LOW Q REVENUE


    I saw the revenue and was STUNNED. I went back and logged quarterly revenue for each quarter on 2010 thru 2013. Q4 2013 revenue of $527,346 was THE LOWEST QUARTERLY REVENUE ARYC recorded in those 4 years.

    and don't forget what you were told in the Nov CC - revenue for Q4 would exceed revenue for Q3. But it was $301,855 less, or a decrease of 36.4%. HFC, was Easymark in charge of sales and marketing?

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    • Yes, but gross yearly revenue is up, total assets way up, and total liabilities down substantially. 290K in cash to boot, and I think I know what that will be used for.
      Plus, the Baker Hughes litigation you were so worried about has come to pass with out crippling the company. The other pending lawsuits will consume time and money, but I don't think there is anything to be worried about there either.
      As expected, there is still plenty to be concerned about, but things are moving in the right direction. 2013 was a better year then 2012, and with new tools at their disposal 2014 will be better yet IMO.
      They need OVA DX (or any DX) approval soon to stay in the game, otherwise I am concerned that competition with deeper pockets will steal their market.

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