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What are the bag holders (us) going to do? PPS is to low to sell even if anyone would buy your shares and no one wants to buy because there is zero investor confidence in this company right now. We just sit here holding our bags or worthless shares right now.
The may Walmart deal was a classic pump and dump, I agree with your opinion.
With PPS at .0042 if they had any positive news at all even just wishing merry christmas to us bag holders they would have put something out white awhile ago. Common sense, if sales and profits are going well and their retailers then PR comes out and they let everyone know this that new collections or products will be added or supplied again to the retailers.
Perhaps they are having trouble with the Chinese seamstress or the Guatemalan that makes the cheap jewelry? Maybe their vendors have not been pain in awhile like their shareholders?
And how do you acquire all this inside information that the rest of us common shareholders do not have access to 99? You always seem to know whats going on with the company but whenever I call down there or email I get no no response or Abby tells me on the phone that someone from management will be calling me back and they never do yet you seem to have the inside track. How is that possible?
Seriously 99? You call .0043 a strong come back? If they have been doing so well for the past 2 years then why is there no investor confidence and why are we at .0043 with less volume then a lemonade stand on a street corner?
Is there really anyone here who does not believe that May and the alleged 6 month deal with Walmart was a pump and dump? They put out some cheap jewelry in 1500 stores for short contractual period of time according to some posters here and then are out of it.
The PPS soared on the PR blitz 320% and a short time later started falling like a rock and we are now at .0043. Does anyone here truly not believe that was a pump and dump scam?
Just my opinion but I got suckered in to buy and holding my big bag like the rest of you guys but seriously what else would you call that? Do you think the run up would have been so high if investors knew it was only a short term contract and that it was not going to renewed if in fact this is true and correct?
It was pumped, we got lured in and ow we are holding big bags worth .0043. I blame myself for not doing enough DD and just looking at nothing but positive posts on IHUB about Lyric.
The answer one simple question please: WHY IS THE STOCK DOWN 98% IN TOTAL VALUE OVER THE SAME PERIOD OF TIME?
based on your posting of actual factual numbers, Does not look like an SEC 10Q to me but you can call it what you like.
http://www.pumpdump.org/Stock/LYJN
http://www.timothysykes.com/2011/05/profitlys-top-30-trades-of-the-week-100000-in-profits-50000ish-in-losses-to-learn-from/
http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=2;t=012230;p=1
http://ragingbull.quote.com/mboard/boards.cgi?board=HYGN&read=77
http://tradingstocks.me/2011/05/
There is so much historical info on this company I could post 10 pages. Bottom line, they put out PR fluff blitz just like they did in May with Walmart and the stock goes up 320%. Did not bother to tell investors that it was only a 6 month deal. Ooopps must have forgot that part and just like it has done for the past 5 years, once it hits a certain high point, the pump and fluff won't push it any higher and it falls like a rock to where we are now at .0043.
Yet, you continue to post about what 200% growth and profits over the last 2-3 years? How can you justify posting that when we sit at .0043 and the facts and history of the company speaks volumes over anything that you post on here.
I have asked you one question over and over again but you never want to answer. Based on your knowledge of the company, your speculative non supported analysis showing significant growth and and profits over the past few years:
Why is there no investor confidence and why do we sit at .0043 with no volume at all? Why hasn't the company responded to investors and their concerns?
You are entitled to your opinion based on your observations and speculation. We read it twice a week here on the board. YOU take really nice pictures of the products so why don't you post a picture of their corporate HQ (rented party house) so investors can see where all this product genius is being initiated from?
Internet info from multiple sources identify pump and dumps dating back to 2006. This info can be matched easily with spikes in the PPS during those periods based on promotion fluff PR blitz being put out. 2006, 2007, 2010 and 2011 were all pump and dumps with unknown 3rd parties involved and after the pumps reached their high point, same scammers (insiders) probably shorted the stock as well because it is well documented that the rise int he PPS has never sustained its level in the history of the company.
The president of the company (Hanna) receives 144K in salary which is the last documented figure that we know of and also over 200M in shares which were provided in lieu of cash for work done for the company.
Yep, someone spent a whole $30 on this stock so far this trading day and yet we have others talking about substantial growth and profits over the last 3 years. Now which set of numbers supports which direction the company is actually headed? The factual number you see on the website or any trading platform you use or the speculative analysis with no current supporting SEC financial reports from the company. The data collection was done via mall hopping.
Thank you for posting this factual info about the company and allowing potential investors to know the risks they are taking. The rest of us bag holders are already stuck here.
THE ALLEGED FINANCIAL INFO POSTED TWICE WEEK ON THIS SITE IS SPECULATIVE INFORMATION BASED ON A COMPANY WITH A LONG AND DOCUMENTED HISTORY OF PUMP AND DUMPS OF THE STOCK. DO NOT BE FOOLED BY INDIVIDUALS POSTING NUMBERS WITH NO FACTUAL BASIS AND CURRENT FINANCIALS FROM THE COMPANY TO SUPPORT THE ANALYSIS. DO YOUR OWN DD AND YOU WILL SEE THAT OVER THE PAST 6 YEARS THE COMPANY HAS LOST 98% OF ITS OVERALL VALUE. HOW ONE CAN DETERMINE THAT TO BE GROWTH AND PROFIT MAKES NO SENSE WHATSOEVER. STRICTLY MY PERSONAL OPINION AS A SHAREHOLDER BUT DO YOUR OWN DD AND FORM YOUR OWN OPINION.
Facts are facts 98.55% loss in total stock value over the past 6 years. That is not growth that is a sinking ship with gilligan at the helm. Here we sit at .0042 and 99% keeps posting his great financial report twice a week for everyone to see. In my opinion, this is false and misleading info for any new investors considering this stock. There are no factual numbers or basis for his analysis and conclusions.
49K shares traded so far that equals what $30 worth? This company is dead in the water and cheap jewelry at Clairs isn't going to save it. Do your own research and see what the historical pattern of this company really is. Do not believe someones posting of speculative financial reports showing profit and growth. The company does not file true and accurate SEC reports regularly and does not respond to any concerns of the shareholders in my opinion. Do your DD before you make the same mistake as the rest of us.
Can up please add a picture of their corporate office HQ to the website so potential investors can get a TRUE picture of what they are dealing with instead of just all the fluff PR.
I posted the shorting list like a month ago on here and you laughed at me and called me dumb for posting it saying the percentage was very low when in fact the percentages were high for such a low volume low PPS stock. The largest increase in short volume is easy to pattern and compare with the pump and dumps such as in 2011 May for Walmart. After the pump to .03 short volume went huge so the pumpers that knew this was the top then shorted it and made big money on the dump as well. Same thing happened with short volume during the 2010 pump and dump.
It was pumped in 2006 and 2007 as well. GO back and you will see the scam has historical pattern. I have posted links previously. 2008 ans 2009 are kind of an enigma so I am thinking they were laying low during those years possibly under or trying to avoid investigation. Just my opinion of course as a share holder. 2010 was a sure pump and dump as was 2011 Walmart as well.
No one is shorting this stock right now. The only thing keeping it on life support is the MM's dropping the PPS at the open and letting their trading buddies get in at .004 and then out later at .005 for 25% profit. In with small amounts. Typical penny stock traders making small amounts here and there on a bunch of stocks during the day (hopefully). Now if the company comes out with some nice fluffy holiday PR and the pumpers and promoters paid by the unknown 3 rd party again start sending out the spam mails again then we could have a jump to a penny or two or like May even 3. Then the shorts will jump in big again making money on the pump and making money shorting when it reaches its peak. Lyric has never sustained a rally price in its history so odds are good if you catch the pump and then short it at the right time you make some money.
Just my personal opinion as a shareholder. Do your won DD and form your own opinions.
You are right, they are due good or bad, they should put something out to at least let investors make up some sort of decision to stay or go. Right now there are no new investors coming in in my opinion due to lack of confidence.
If you read 10Q's from other penny stocks most of them read terrible like the company is struggling usually but there is always little glimmers of hope in the reports that lead to investors taking a chance. They are designed to read in a negative tone so as not to mislead investors but in between the lines the glimmers and speculation appears and the buyers come in hoping they found that diamond in the rough penny stock.
I have posted the short list percentages previously on this board. Goes up significantly right at the highest point of the pump just before the dump. So they make money on the front end buying low and letting the fluff pump push the stock up 320% like Walmart and then hedge their bet even further by shorting the stock just as the dump starts knowing all to well the Lyric historical pattern and that it has never been able to sustain a PPS rise after a rally from fluff PR and promoting and that it falls back to even lower lows.
At this point, anything would be worth reading even if it showed negative numbers but speculative potential for growth with a detailed outline short, mid and long term business strategy defined and organized and followed to the letter so investors could see the actual progress such as when the short term goals are met, they move on to the mid term goals for the year,etc...
Again, they why the lack of investor interest and confidence? I know you spend a lot of time researching and looking for every single possible positive thing you can post or provide within SEC guidelines for info sharing.
One simple question and you can relate it to your post: If there has been significant growth and estimated significant growth in profits but you (posted like 8 times now) then why is there zero investor confidence and why over the last 6,5,4,3,2,1 or whatever years you want to start from has the stock continued to decline?
The fall back answer to the economic recession is not valid because you indicate the Lyric has had significant growth during this tough period then why is that not reflected int he PPS and investor confidence?
What is causing US shareholders to be where we are right now with you continually telling everyone that there is so much positive news going on - tv show, concert for peace, new collections, 50% deals, free shipping, 2000 Walmarts, Clairs, Blooms, Nords, how soft the scarfs are, your mall tours where you see nothing but empty racks of lyric products indicating strong sales/profits.etc...etc..etc..
Not sure I will be around or the company for that reason but I will copy and file your post for reference.
personally, I think it was a trial basis deal with Walmart. Essentially, Walmart saying they would let Lyric products in the stores for a 6 month trial period and if things were good as in sales and profits for both, then they would continue the contract and may even expand to include more items.
Now (just assuming) that sales and movement of merchandise was not very good then Walmart has the choice not to renew the contract which is what I believe has happened in my personal opinion.
Again, the company should be up front and detailed with its investors and you know dang well they are far from that. It this turns out to be true and it is only 6 months and done then what does that say for the contracts with the other retailers? How long before no one (retailer) is carrying LYric products due to lack of sales and customer interest and we are in the peak shopping season.
That leaves one source of revenue and that would be their internet sales and I don't even want to speculate on how poor that probably has been due to Alexa ratings and the 50% off everything must go sales going on.
If things are going so well 99% according to your speculative profit estimates then where is the PR from the company giving any indication at all of anything positive?
6 years of excuses and unfulfilled promises. You know darn well that if it was only a 6 month deal they sure did not want the investors knowing that while the fluff PR was going out and the pump was in full force. Thats how they got the 320% jump. Everyone "thought" maybe this is the real deal now nationwide with the largest retailer in the country when in fact it was a 6 month filler and that s it. They with held that info for specific reasons.
Although, now that I look back at it, I asked Dianne how ELI 154 was doing in Europe. I told her it was a shame that the potential partner for phase 3 funding there only wanted to go 50% and she agreed but told me that 154 was very popular in Europe still. Then she went off on a tangent about trying to reach business contacts over there only to subsequently find out that they as in the company takes a month off for Easter. Now do all Europeans do this, no way in my opinion. But she may have been referring to the potential partner over there as Hike has referenced and maybe that particular company takes an extended Easter vacation. This may have led to the possible I.D. of this potential partner so maybe that is why she has had to backtrack a little on the info I was given over the phone. Just my .02
The falling PPS to the .07's was the basis for my call to her and thats what led to our 30 minute conversation. I do encourage verification of info so please feel free to call her and ask her similar questions relating to the info I posted.
I think the key points are the walk through by the FDA examining 4 drugs for final approval and 216 scale up to demonstrate they can make a consistent product. The live patient testing also caught me off guard but I am sure if you sign a waiver they can use you as a guinea pig for anything.
Thank you, I apologize for my comments then and feel free to delete that post.
Dianne also briefly mentioned that they had looked into marketing generics in Australia but due to the type of healthcare they in the country which she described as socialistic, the cost for generics down under would have been to expensive. I just remembered this brief comment from her as well.
If you are saying that I am not repeating a summary of what was told to me over the phone per my memory of the 30 minutes conversation then you can ************* off. I don't post much on this Elite site here or even yahoo that much but when I do it is accurate and complete to the best of my knowledge as a long time share holder who has not sold one share even on the spikes.
More importantly, why would I say something like that unless it was referenced to me by Dianne. We just both thought it was odd that they took a month off during that time period. Really has nothing to do with the stock.
Sure will you give me .02 for my shares?
99% with all this growth that you keep repeating with your posts over and over and over again please just answer one simple question for the board.
If they have been growing, expanding and profiting as you estimate then why is the stock value down 98.55% over the past 6 years? Meaning that if I invested 10K 6 years ago, my account would have about $155 in it right now with the current PPS.
So what does your speculation show or prove? I am lost here. A factual number of 98.55% is easy to see looking at the historical chart but you just keep posting your speculation without supporting facts and .0040 for a yearly low is evidence of that.
Sorry, I do not have the confidence at all right now to go with you on the guess. To many negatives and I will not be around to see it if it does. I am not taking that chance. People probably have been saying that for the past 6 years at different periods of time and I do not need to remind you of the extreme loss the stock value has taken over that 6 year period.
I agree with you but lets suppose the Walmart deal is only for 6 months as 99% alluded to in prior posts. If the company put that out in the initial PR press release would there still have been that 320% rise in the PPS. Probably not, (if) it is only a 6 month deal with Walmart then in my opinion, the company intentionally with held that info from investors to make it seem like they were expanding into a huge market when in fact they were not, it was only for 6 months.
This to me is just another example of the deception and secrecy going on with this company which makes me wonder about the other contracts they have with the other retailers as well. We just don't know they and they refuse to share any info at all with shareholders. This why I am getting out at the earliest point I can with hopefully only a modest loss and not a large loss like I am looking at now.
Thanks Tommy. I just want to pass on info for DD purposes for current and potential Elite shareholders. As always do your own DD like you have been by calling her yourself and forming your opinions but I believe in the company for sure.
It was a part of the conversation that came up out of the blue. I told her it was a little disappointing that the Europe partner only wanted to go 50% on the phase 3 funding and she said that a large multi nation pharma company had also shown some interest but nothing definitive. Then she went off on the tangent asking me if I knew that they took a month off over in Europe for Easter? I said, "no" and we have about a 3 minute discussion how she explained she could not get a hold of business contacts over there and then was advised that it is common for most to take a month off during the Easter time. Personally, I really wasn't caring a whole lot about this part of our conversation. It just went off in a tangent that she thought was somewhat strange practice and so did I.
Hike, you are more then welcome to check and verify my info. What I posted is a summary of our conversation based on my memory of the 30 minute phone call. The month off for easter topic she brought up herself when I asked about 154 progress. She specifically told me that she was trying to get a hold of business contacts over there and discovered that they routinely take a month off for Easter and it is common in various parts of the country and we both thought that was odd.
She said they hope to have methadone out before the end of the year but FDA plays by its own rules so you never know there.
What really surprised me was the testing of 216 on actual patients in clinical studies. I am sure this is strictly a voluntary study for select patients. She said that pain meds often cause stomach digestive problems which I am guessing is like acid reflux or something and they want to see if the same side effect occurs with 216 so they are selectively trying it on patients with history of stomach problems while taking their meds and see if they have the same problems while taking 216 instead.
I am a long time TRUE long holder of shares. Have not sold one share even on the spikes. I am holding 7 figure amount and I stand behind my comments 100% from my phone call and encourage others to call her as well. She is a nice lady to speak with and it is nice in penny stock land to have an actual IR person who listen and try to answer your questions and concerns withing the SEC guidelines that she is allowed to do so.
Thank you Sir
My post indicates "potential" partner which is the way she described it to me as well. Why else wold they be making large commercial size amounts of 216? They are testing for consistency in their manufacturing process to show or "potentially" show someone they can do it.
I am pretty sure I own as much or more shares then most of you guys on this site and my main reason for calling was to ask her thoughts on the .07 drop in PPS and that lead to a 30 minute conversation with her.