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Can you please explain to me why in the history of the company have they never been able to sustain a PPS level after a run up? It always drops back down to lower lows. What are the reasons or causal factors for that problem with Lyric stock? You can certainly see if making jumps over the years and then back down to lower lows.
Sure would be nice if she came flat out and stated that to her investors and that she does not believe in that type of activity. I know it would make me feel more confident if I heard her say that on behalf of Lyric whether an official PR or even just a statement on the website or during an interview.
I spoke to her via phone a month or two ago and she emphasized the multiple drugs that were pre-approved by the FDA during their walk through inspection. Typically they only do one at a time. This indicated to her that they might get multiple approvals for launch in rapid succession for Hydro, Naltrexone and the ANDA. Methadone was also included in that group that the FDA inspected. She seemed to think things were going to get very busy around Elite very quickly and I believe the same.
That is how MM's make their money. If there is no trading activity or low volume as we saw happening before last week, the MM's will keep nudging the PPS down to create some trades, trigger stop losses, etc...I fully anticipate volume decreasing steadily as we saw before and PPS slipping below .0045 maybe down to .0040 or even in the 3's as we tested the waters there before last month.
Only thing that will stop this from occurring would be positive PR and very healthy financials from the company not paid pumpers reported in February otherwise the ship keeps sinking for sure.
The last PR from the company via marketwire was almost 7 months ago now in July correct? Yet, you seem to have all sorts of advanced information about the company. I wonder how that can be just from mall hopping around and taking pictures. Just does not seem to make sense that someone would have so much info about the company when the last time the company even made an official PR statement was July 2011.
LYJN $2,500 UNKNOWN
Max Profit: 0.00 % Gain at close: 0.00 %
LYJN - Lyric Jeans - STRIKE A POSE! Tuesdays SIZZLER, Prepare the... Jan 16, 2012 12:50 Hey Gang, We Have a New Profiled Sizzler that We Announced Saturday Evening $LYJN - Lyric Jeans Inc. A Company That Has Had Some Real Great News and Doing All the Right Things to Get their Product Noticed and Marketed. Just from the outstanding research (and photographic evidence) that XXXXXXXXXX has provided, this stock should be easily trading in the .05 -.10 range if not more, We believe. Many ...read more Promoter: Sizzling Stock Picks Paying Party: Desert Vista Capital
I have been trying to research this company that was part of the Lyric stock recent pump and dump and can not seem to find any info about it. Appears to be a shell company created by possibly someone named John Hicks but I am not able to confirm this at this time. Anyone ever heard of Desert Vista Capital and their association with Lyric inc?
A very interesting article about Lyric Jeans inc:
http://www.pennystockresearch.com/nsrs-evdr-lyjn-pump-and-dump-alerts-january-20-2012/
Wonder why this guy thinks the most recent PnD was LYrics "swan song"?
i was at the hard rock in vegas this weekend for some business. popped into the hard rock store bc of how the longs pump up that deal on these boards. not a single lyjn shirt anywhere in the store.
Seems others have different results also in various retail outlets that Lyric was said to have products in. This post was copied from another site and indicates that not everything is accurate about where the products are, what is there and when it got there.
Sure, how do you know it is not left over excess merchandise from the May shipment? I have no products from Lyric in my Walmart or Claires that I have ever seen there.
99percent, you have posted messages and stickies about Lyrics new collections in stores for 2012 and back in 1000's of Walmarts again. I have checked the Lyric website and there is no PR on this and I have found nothing on Marketwire which you indicated was their preferred method of releasing PR about company news so where are you getting this information? Can you please identify the source or sources of your information about these Lyric product lines in stores that you have posted on the board even before the company post it on their website. I am curious how you can be posting information like this ahead of actual PR release from Lyric and where and how you acquired the information. There is also no news PR about this listed on the IHUB site either just your posts.
Hey 99, how come you left out the Desert Vista Capital info as one of the promoters for the recent 2012 Lyric P n D in your alleged accurate list?
Obviously you misread the poll question which states "who thinks Lyric will release financial reports in February"
People do not want to answer for obvious reasons. It would put their statement down on the site as a matter of record and then when Lyric fails to release reports I am sure they would feel like some form of "I told you so" response would come back to haunt them and their future postings. So stay silent just like Lyric. That in itself is an answer already.
Are you joking? The releasing of current financial status reports is the MOST important thing relating to this stock and this board site. It is referenced daily in some form or another and not one investor here can deny that it is on their mind and that they are hoping for very positive reporting.
So the question is very valid and important but the lack of answers does speak volumes about what some people post and what they actually think in my personal opinion.
So only one member on this site thinks "yes" that Lyric will put out current accurate financials in February?
Does not sound like much investor confidence even with all the hype and speculated huge growth and profits by some on the board with their sneak peak ahead of time of their speculative 2011 financial reports.
I think the company will not report a single damn thing again just like the current and previous pattern.
This is old news 99. They need a BOD not an advisory council.
I think you have a good perspective view of the key points with Lyric both positive and negative,,,good luck to you
Nice and fair post. Everyone is entitled to their opinion and some here I agree with and some I do not.
After last weeks ridiculous circus (and previous ones before it over the years) wouldn't it be nice to have the owner of the company come out with point blank PR stating Lyric is in no way involved in the current promotion which can only be defined as a P n D. and that Lyric does not condone such tactics letting their product and growth advancement speak for itself?
Lyric has never come out and said anything about this type of scam with their stock and that tells me they either do not care or are ok with it occurring and either answer is bad in my opinion. They should be telling investors that they are not involved (if this is true) and not take the statements of paid promoters as being entirely factual. Instead they choose the silent approach and have yet to post any news about reporting financials like other penny stocks are going to to in February and they have already put out PR indicating such.
Lyric just sits back and even uses their legal counsel to help avoid the requirement to put out current and factual information to their investors. That has red flag stop sign warning written all over it.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=33281
There are pages of false and misleading info coupled with promises of huge gains from last weeks failed P n D. Do you honestly think that the president of Lyric does not not look at her companies stock value on a daily basis? Do you think she does not wonder why it was trading 21K shares one day and 28 million the nest. She knows exactly what is going on and by not making a statement excluding Lyric from such activity and stating that Lyric does not approve of fluffy pumping PR then their complacency means she approves of it in my personal opinion. Form your own conclusions based on your own DD.
The P n D's for this company have been documented and ongoing since 2006, essentially yearly. Do you honestly think the company has no knowledge and/or participation in these things that have continued to occur? Do you think they just don't know anything of Hanna doesn't look at the the PPS one day and see 21K shares traded and the next day 28 million traded and not know why or what is going on to cause that. They are knowingly allowing the dispersal of false and misleading info about the company and false and misleading info about huge gains and profits to be made. They are guilty by their complacency in not coming out and saying they do not approve of such illegal tactics and manipulation of the companies stock. Since they do not say its wrong, one can only assume they approve of it and/or are active participants in it over the years.
Seems companies are announcing in advance of when their quarterly earnings reports will be coming out next month including one of my other penny stocks. It appears, as far as I can tell that Lyric still has not made even the slightest hint of announcing reporting this time like other stocks in February. If they fail to report again for the past quarter or year (if they choose) then I see this thing hitting rock drop bottom again most likely lower then ever before. All the hype and speculation about huge profits due to the products being in decent retail outlets had better be confirmed in February in order to build momentum and investor confidence otherwise this thing will be dead in the water in my opinion.
I think the company could build momentum by announcing well in advance that they were going to file financial report in February because the info gathered from previous statements indicated that they would not be regularly reporting until they were a stable profitable business. Some PR like that here in January would really help in my opinion.
If they shorted it when it .017 for a brief 3 minute period. I do agree MM manipulation is strongly present with the PPS.
I totally agree, it has happened so many times over the last 6 years and people still want to believe that Lyric had no knowledge and/or involvement in the P n D's. I find it impossible to believe that the owner of the company did not know. What makes me believe it even more is the fact that Lyric releases no PR indicating that they are not involved in the promotion and do not condone P n D's with their stock. They just sit back nice and quiet and let unknown 3rd parties do their dirty work and combine it with a total lack of respect for their shareholders and no SEC reports. Just my personal opinion. Form your own conclusions based on your own DD,
Seems like an accurate assessment of what went on last week with Lyric.
It was like 10 sells for every 1 buy so where do you get the huge accumulation? Maybe the MM's accumulated so they can easily keep manipulating the PPS but true investors were not present buying for long term or even trading based on last weeks activity.
http://www.pennystockresearch.com/nsrs-evdr-lyjn-pump-and-dump-alerts-january-20-2012/
Interesting comments about the authors opinion that this was Lyrics "Swan Song"...sure was a flop thats for sure
and they continue all the way into 2012 as we all have recently seen last week with Lyric's most recent P n D.
Thank you very much for posting the historical factual information about the company and clearly showing its history of P n D's. There will be members on the site who will claim Lyric had nothing to do with the paid promotions and Hanna knew nothing about any of these things going on. What you have posted clearly indicates to me that there is no way Lyric management did not know and/or was obviously involved in the P n D's in my personal opinion. That is what the company is known for as evidenced by the fact the PPS never sustains its value after a rise from a paid promotion in its history. The non release of any accurate financials further indicates that the company is strictly a P n D scam in my opinion. Form your own conclusions and do your own thorough DD.
What is the motivating factor here now that is going to continue this alleged climb up the charts? I see nothing that is going to encourage more investors at this point. I see quite a bit of selling going still and no buying so whats going to magically happen that is going to build investor confidence and make the PPS rise. Most companies are putting out earnings reports in Feb. Anyone thing Lyric will do so?
All of your estimates and income earnings are speculative and very misleading for investors particularly new potential investors because you never factor any of the costs involved with bringing a product to market along with the daily costs of operating a business with employees salaries, benefits, workers comp etc..Essentially all of the bills Lyric has to pay each month are not factored into any of your estimates and you have no way of knowing what their overhead costs are so your posts are really nothing more then pure speculation but not even accurate speculation.
You should have no problem averaging down with the current direction the PPS is heading after the pump and flop.
Thats my opinion also. I believe their drug pipeline will overtime come into full operation but 154 and 216 are the game changers and competition killers. If Elite gets the hold on that market and everyone has to come knocking on their door for a piece of the pie (very expensive piece) then the sky is the limit with this company and the PPS. We are on solid financial ground now with the 5M funding and Methadone and phentermine sales and things can only improve from here. I see nothing that could really turn into a big negative and hurt the company right now even if it takes a little while to get 154 and 216 patents and FDA approved, the other pipeline of drugs will bring in huge revenues for the company.
So you are saying that Hanna whose company stock traded only 21K shares one day and then suddenly jumped to what 21 or 28 million shares traded the next would not even venture to determine why or what is going on since she did not release any PR? She just turned a blind eye to the pump and dump or are you saying that she doesn't even know it happens which is ridiculous either way.
In looking at Actavis record, they have been known to own and/or buy large generic drug companies around the world. Kind of the microsoft of the generic pharmas and their CEO indicated that they intend to keep acquiring companies and product lines with them. I certainly could see them owning or at some point owning Epic because they are one of the largest in the U.S. Actavis CEO has stated that he wants the company to go public again at some point and he referenced 2-3 years so I certainly could see the possibility of them owning Epic and using Elite for RM. I feel this is even a stronger possibility if 216 and 154 hit. They would have quite the monopoly then on the market with worldwide distribution capabilities. Just a dream I hope come true someday hopefully soon.
So in checking it appears Carter Ward, Ashok Nigalye and Nasrat Hakim all worked for Actavis in executive level positions at some point during their careers which is very interesting when combined with the Epic connection as well as Mikah now.
http://dailymed.nlm.nih.gov/dailymed/drugInfo.cfm?id=54610
Epic manufactures drugs for Actavis
Entirely possible but no way to say for certain at this time but circumstantially, there are enough indicators to say you are correct and the biggest indicator is the lack of transparency and financial info. If things were going great for Lyric then that info would have been put out properly with SEC filings. There were prior posters who stated Hanna will not put any financial reports until the company becomes established and profitable. Since we have no current SEC financial reports, guess it is safe to assume the company is not established after 6 years and still not profitable.
I think the scale up batch testing is being done for multiple reasons. I was told that they were looking for leakage of Naltrexone down to picograms (have no idea how small that is). The reasons for this are obvious that they want to prove their technology works and may be demonstrating this to potential partners that they can produce consistent product in commercial size amounts. I also think they are demonstrating this to the FDA and the patent office and will use the results to further their argument for the patent and FDA approval. They have even gone so far as to start clinical trials (or are about to) with patients who take heavy pain meds and have digestive disorders. I think this is a voluntary clinical trial but Elite wants to see if 216 also causes these patients to have the same digestive disorders. IN the even that they do, if you notice on Elites page they have an undisclosed gastro intestinal drug listed also which may be to offset the digestive effects of 216 if they occur.
Keep in mind also that the FDA inspected 4 drugs during their visit to Elite whereas Dianne told me they always did it individually before and not more then one during an inspection. One of those 4 has just launched which is why I feel the other 3 are not far behind. I think that second facility will also come online soon in order to keep up with the growing launch pipeline of drugs from Elite.
Sorry, but if I am the owner and CEO of a company and I see that persons (known and/or unknown) are pumping my stock with false and misleading information about huge gains and monster profits then I would feel it is my duty as an owner to let my investors know that I (the company) in no way endorse or encourage this type of pumping and dumping of a stock. This has happened multiple times over the years and never a word from her or management stating that they disapprove of this illegal fraud in my opinion.
His prediction (speculation) is as viable as any of yours or anyone elses on here because we have no idea what Lyrics true financial situation really is. We have no idea what profit if any they are making or if they are in default on their bills/loans. When I see a PPS falling the way Lyrics does after one of the P n D's or even when they put out good PR such as Walmart back in May that tells me there is no confidence in the company. When the owner refuses to be transparent and open with shareholders that is a strong indicator to me that there are internal problems with the company as well.