Lyric Jeans (LYJN)

[rhumphre1]

No......just checking in monthly to see if anyone has posted the FINAL LINK to Hanna's demise on the site.

The only way to remove a company from the Pink market is for all of the broker-dealers to stop quoting it. Obviously the BOZO who has control of the remaining HUGE amount of shares is trying to unload it as best that they can to the unsuspecting traders.

Companies are required to contact FINRA Operations if their securities no longer exist, but are still being quoted. FINRA will investigate and, if appropriate, eliminate the trading symbol and inform OTC Markets Group that they have done so. OTC Markets Group will then remove the quotations in this security.

So, with that said, we will continue to see the LYJN ticker and a few shares tossing back and forth until they get tired of it. Another option is for the SHELL to be sold off to another company and they do a re-issue of new shares under their company name. At that point, the shares still floating around will be TOILET PAPER!

Either way LR, you can wish and hope for something to happen with the old product BUT I would contact the " new owner " and get their take on the defunct line of clothing. Personally I would NOT consider Hanna's " dream branding " to be a viable option in the fashion industry EVER AGAIN or something that will be putting a PROFIT into the new owners balance sheet!

Have a great weekend LR!