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and if things are so great in Lyric land please explain .004 to everyone if you can.
Charts don't lie but individuals have been known to have no integrity. As you can see as the weeks pass, more and more persons believe less and less of what you say. Why is that? Because none of it is coming to fruition as evident by .004 this morning.
Sales are low, that is why Walmart does not want them back. The other stores will follow. 50% off sales are common place for companies struggling to have some sort of income. Items suddenly appearing again on ebay, no PR, no financials,no contact with shareholders.
I really love your post a few ago where now you say no PR until maybe March. How do you know this? Who told you this? What PR are you referring to?
Last trade Friday and Monday was at 1:56PM 2 hours before the market closed. I think that is weird and wonder why that is and asked a question which you were unable to answer. Is there anyone who can explain why this occurs or is ongoing maybe we shall see today.
Not sure if you are just joking around or serious about taking the money and running (in your own opinion) I figure you to stay with Lyric till the end of time or the business itself.
Interesting, curious to know if that is the plan for all the other Walmarts also. May have just been a trial basis with Walmart to see how sales go and then Walmart decides if it is worth keeping the inventory coming in.
Wonder if the same is occurring at Claires, Bloomies, etc...
I am going to call Lyric in the morning and ask to speak with Hanna. Doubt I will get to but will try again. Someone here has to have her direct cell number though and that sure would help.
You are correct Sir but maybe there is no PR bone to throw. Maybe everything behind the scenes is bad news and they can not put anything out at all. I highly suspect that is the primary reason they did not file a recent 10Q even though everyone was expecting and they gave the impression they were headed that way with all their PR blitz about Walmart and the other stores. Gotta a nice pump in the PPS though to .03 that is for sure followed by a substantial dump.
Weird again also if you note the last trade was at 1:56PM just like the other day. Nothing happens after that time like before so the last 2 hours of the trading day and just left blank for Lyric.
Rustler, is this what you were talking about when the brokerages decide to stop trading Lyric and it is halted. Are they doing it at this particular time for some reason now each day? Sure seems strange, we always used to get that little $40 buy 5 minutes right before the closing bell with someone buying over the "ask" just to try and bump the PPS up a little right at closing but even tht is not happening because of this early stop in trading.
Or my Schwab account is just not tracking them after 2:00PM for some reason but I would not know the reason for doing that.
How do you know there will be no re-stock? Did you speak with a manager there or just guessing based on the fact there are only a few items left in the store?
Shall we start compiling a list of unfulfilled promises by her and Ronni? Cmon, that is just fluff with no substance to support it.
You are right, if they had even the slightest bit of good news on sales and/or profits to put forth, they would put out a PR blitz and try and salvage this PPS for the investors. They will not talk to you on the phone about your concerns, they have never done a shareholder meeting or CC in the history of the company. They care nothing about the shareholders in my personal opinion based on their way of conducting business. I think we are in the death spiral personally and they may lat is drop more and then RS to salvage a little more time to lure in some unsuspecting investors. Just my personal opinion of course.
He may have a tainted past but he has been in the business awhile and probably knows when it's time to get out as in take the money and run in my personal opinion. Just speculation on my part.
When you combine it with the no 2 guy leaving and a 50% off everything sale and items suddenly appearing again on ebay coupled with the lack of ANY PR, it is entirely possible that we are in the death spiral here and only a few things end up happening. BK for one or RS also in case they have some plan for salvaging the company.
Just my personal opinion and speculation but if there was anything at all good happening with the company right now and I mean anything we would have heard about it already.
I never said anything about items on ebay. I buy items off ebay all the time. Perhaps Lyric is so popular those are counterfeit items being sold illegally to unsuspecting Lyric fans thinking they are getting a good deal. They must have missed the 50% off cyber deal. Just my opinion of course pure speculation.
OH I am quite sure a few persons are and have been laughing their way to the bank on this one for quite some time.
Cmon, if they were such an up and coming company they would be acting like true professionals. They would be putting out regular SEC financial reports, building investor confidence. They would be operating out of an office building instead of a party house off the strip. They would have regular contact with their investors through annual shareholder meetings and regular CC so that investors can get direct answers to their questions. They would have an IR person who actually answers the phone and answers questions within SEC info sharing guidelines. They would not have alleged unknown 3rd parties paying promoters to pump the stock. They would not have a history of pump and dumps to begin with. They would put shareholders as their top priority and not send them back generic email responses or tell them someone will call you bcak and never does. They would not be down 99% in their stock value since their inception. True religion may help Lyric though because I am sure there is a lot of praying going on right now and those prayers have yet to be answered int he last 6 years.
She acquired the 200 plus million share during different time periods and in varying amounts. I have no doubt that it was in addition to her listed compensated 144K annual salary also. The share are listed as "in lieu of bonuses or cash for services" for the company. Of course a true and accurate financial report filed each and every quarter and these questions would never even come up.
Hard to laugh at jokes when everyone here is down so much on their investments and Lyric appears to care less about its investors.
YOU can twist it any way you want to twist it 99% and it all comes back to the same place. The company is on a severe downhill slide due to lack of investor confidence among a multitude of other problems but the president of the company as of 7/10 was getting 144K salary and has issued herself over 200 million shares as compensation.
But Since you are so knowledgeable, educate the group please. Who are/is the unknown 3rd party that keeps paying the promoters to pump the stock when something of news is coming out? I am curious about this entity.
http://www.otcmarkets.com/stock/LYJN/financials
Its under the same thing you posted earlier but have since removed (wonder why) This is info as of 7/10
She received 144K in 2010. Might be more now who knows. We also know that she has like what 220 million shares that were given to her as compensation also for work done for the company in lieu of bonuses.
It is public record that she received 144K annual salary (maybe more now who knows) and shares as additional compensation for work done
It was at like 94.68% a few weeks back but now since the continued drop in price it is like 98.76% at the .004 low.
I guess I could round it to 99% total loss in 5 years if that would make you happy. As of current PPS it is down 98.55% during the last 5 years according to Schwab.
So, lets just round it to 99% for simplicity when you do your speculative math calculations.
and only 5500 shares traded.......Houston, we have a problem....
I am not denying that the company has made attempts to expand, diversify and change up its product lines but look at the whole picture from the beginning. Every time they put out something new PR and/or other unknown 3rd party sources pay for promotions and the PPS rises. We all know May was the last run but it never sustains the rise not even close, Typically, it should fall back a little and form a new bottom base and then move even higher with the next news break and form another new base. The company has never been able to do this since day one in my opinion which accounts for 98% drop in PPS.
Do you think if cyber monday and tuesday sales were huge and they actually ran out of products and had to work many hours to handle all the internet sales and people were loving everything Lyric that maybe we would have gotten some sort of tidbit of PR or if Walmart, clairs and bloomies were doing the same thing with empty shelves sold out as some on here claim that maybe some PR would have come through to build even a little investor confidence even though there are no financials to support the statements? I do not believe they can put out anything positive right now because it would be false info based on the reality of their present business situation. Just my personal opinion but if there was even the slightest bit of good news, I am sure Hanna is looking at .004 and would tell one of the other 4 employees in the party house corporate HQ to put something out and try and get some activity going.
Changed for the better or worse? You know my opinion there, much worse 98% worse and no financials is the icing on the cake. The only financial reports we get are from 99% and they are just speculative based on the fact he sees an empty rack at Walmart and multiplies it by 2500 stores (also being empty) at an average price and then factors in some speculative costs and comes up with positive profits in his math. Great factual info to work with.
Mon, you are taking the right approach. Its basically texas hold em now and we are all in and hoping for that one right card to be flipped over to make our flush hand.
That whole part 17 in that report has everything needed to confirm my opinions. Giving shares to other companies for "consulting" and funny that these companies aren't able to provide any info either for the report even after their exhaustive effort. more secrets kept from Lyric Shareholders.
I would certainly like to know what Hanna and Ronni did to earn their compensation of 300 plus million shares combined in addition to their 6 figure incomes from Lyric. We will never know this info of course.
You forgot something:
IV - Down 98.76% in value since 2006
Can we add this to the sticky please so investors are not lured in with one sided information and not given a full picture of what the stock has done the last 5 years.
Thats the problem here. All (most of you) site members just want to hear the good news and fluff PR and hope for the dream to explode. Why are you afraid to look reality in the face and make note of all the negative things about this company as well and then compare the differences and see which comes out ahead for your investment. That was my mistake. I liked all the pictures, website, retail stores all the positive remarks on IHUB and never did do thorough DD. Now that I have fully researched the company I understand why there is zero investor confidence and .0048 PPS.
http://www.sec.gov/news/press/2011/2011-251.htm
Nice to know the SEC and FBI are cracking down on microcap fraud stocks.
Doesn't the market close at 4:00PM so thats over an hour with no activity for Lyric?
So are you saying the the brokerages (MM's) will just stop working with the stock? I just called my Schwab guy and he could not give me a specific reasons why the trading appeared to be halted at that time. He said perhaps there just was no trades done at all during the last hour but that seems kind of funny. We always seem to get that $50 buy of a few thousand shares at the ask during the last 5 minutes of the day from someone.
http://www.otcmarkets.com/stock/LYJN/quote
I tried researching it here as well and could not find any significant info. I also called several numbers for Ronni Halperin to ask why he left Lyric (like he would really answer me) but most numbers were out of service and 2 others went to voicemail.
At about 2:56PM I show trading halted for Lyric in my Schwab account. Not sure if Schwab just wet down at that time or what but do any of you guys show trades made after 2:56PM. Seems very odd to me but brokerage accounts have had tech difficulties before.
Everyone thought Madoff was a great guy also
Thats the primary reason but also the historical pattern of the company dissuades the serious long term investor also.
Wash, rinse and repeat. Look at the history since the inception of the company. They put out a product, pump and PR it like crazy and get a nice jump in the PPS. It stays for a short period and then everyone dumps and the PPS falls back to even lower levels. Overall down 98.76% in the last 5 years.
Multiple reasons why this is occurring all of which have been presented in various forms here by myself and others but I still the very PRIMARY reason is the lack of reporting and the lack of communication with investors. This leads to zero confidence inthe company at some point which is where we are not.
We have one set of numbers - down 98.76% in stock value since 2006 according to Schwab chart report
Absolutely correct. If they would have reported even modest financials, did not even need to be positive but giving the impression they were moving in the right direction, they would have built investor confidence and .03 would have gone up from there. When you combine that with the lack of PR and look at the overall history of the company and their pump and dumps, they have never been able to sustain a rally and the reason is the lack of reporting. Day traders jump in make a few bucks and get out but the true long term investors, the large institutions want to see factual numbers each quarter and decide whether of not to increase or decrease their investment in the company.
Gip, just do some research and look at the history dating back to 2006. Fluff pr pump and the prices rises a bit and holds for a brief period of time. Never sustains the levels or even creates a new lower base from which to move higher the next time. Everyone dumps and it drops back down often lower then before as you see now before you.
Just my personal opinion do your own research and see for yourself. Put it all onto a spread sheet and do some analysis and see what your opinion becomes at that point.
You said the same thing at .02, .015, .01, and .05 while predicting 5-10 cents a share by the end of December. Do you think anyone really believes you at this point honestly?
Now this is the big question, will history repeat itself again. lack of investor confidence and volume has driven the PPS down to .004 it might go to .003 who knows. Then will we get a flurry of fluffy PR from the Lyric cheer leaders shaking their pom poms about the fantastic sales, profits internet sales, etc... and see that pump back to a penny or two? Will history repeat itself again and again and again?
Just my personal opinion, form your own conclusions from your own DD.
We have broken through the support levels.
When Lyric said they were having a 50% off sale did they mean on their share value PPS also?
Your speculation means nothing to me. Without accurate and timely SEC financial reports, there could be a billion shares floating around out there at .004.
What is your opinion on why the PPS keeps declining when you have posted time and time again about all the great products, events, etc... that Lyric has going such as the 50% off internet sale right now....They must be having a 50% off their PPS also because its down 20% and falling more.
I was lured in also and had great hopes for awhile but after doing thorough research which I should have done to begin with, I am convinced this is the wrong place to have invested my money. Just my personal opinion.