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Hanna walked. 2 weeks ago.
"The HUGE amount of $$$$$$ that was SCAMMED from investors and shareholders" will never be seen again. Even if the courts are able to get ANY money back for investors, it would be a pittance relative to what was stolen.
Dropping charges right and left, and that was in May. I guess the dropping of charges continues!
The post you reference was from 2008. I loaded up on LYJN at sub-penny prices in 2008/09. Sold some as high as 12 cents in 2010. I don't really understand your backwards thinking.
Hanna's still out spending your money! To be continued...and continued...
Yeah, who was that pumping about Nordstrom managers wearing Lyric and the 100s of shirts all laid out, with a big jewelry collection on the way, back in 2010? What a joke.
6 years later I'm still correcting the BS posted here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119312579
Entering a plea to lesser charges? We'll see 5/17/16.
Bad girl! Promise you won't do it again. Now go back to your lavish lifestyle funded by millions you stole from those poor, innocent, hard-working shareholders.
The prosecution, the defense, the judge.... Anyone and everyone who's making them and accepting them. These criminals been riding high on the hog for at least 6 years now, with everybody else's money. I doubt anyone will ever see a single cent that was stolen from them.
Wow! How many excuses can there be for not taking this thing to trial?
New date for Hanna: 4/26/16. Why not just make it 4/26/17?
Oh, wait, now Friday's the BIG day.(once again)
Tomorrow is the BIG day.(Once again)
I was right again. No justice. Victims continue to be laughed at. DA and Judge don't give a shit.
This will go on forever until everyone forgets about it.
Next Appearance: 02/23/2016
Ooh! The BIG day is COMING, yet again. I'll play along and pretend that Hanna and friends get convicted. Anybody believe they'll get anything more than a slap on the wrist(i.e. okay, you can't be president of a company for 5 years, or no playing with penny stocks for a few years)?
Oh, and pretend that there are some assets that haven't been carefully tucked away. Who, do you think, will get even a smidgen of what was stolen from shareholders?
Is anybody under the delusion that current shareholders would get money?
What about those who bought in at inflated prices during the 5 days leading up to the 17 cent spike? Certainly, if they weren't able to sell in the 6 to 10 cent range, and walk away winners, then they were simply greedy, not victims.
What about those who bought in at elevated prices during the following months, falling for the promise of LYJN becoming an OTC Pink Current Information reporting company?(Or those hilarious reports of 100s of shirts being spotted at Nordstrom in the Overland Park area, with jewelry on its way, and store managers dancing around in Lyric clothing?)
No, no, and no.
Even if there is a conviction.
Even if there is a disgorgement.
I doubt any more than $100,000, or so, of the $Millions that were stolen from shareholders in this big con will ever find its way back into the pockets of shareholders, and those will be a few who bought-in between 10 and 17 cents and sold at 4 to 6 cents during a couple of days in March 2010.
There was no "FALSIFIED INFORMATION", nor was any info "provided".
POFS LIARS from a non-criminal event paying the restitution for yet to be convicted persons allegedly involved in a completely different event years earlier. Not sure that's how it works.
Get Ready! If convicted, Hanna will be issuing $1 restitution checks to all victims, monthly, for 10,000 years.
Stock promotion isn't illegal. Desert Vista Capital is not involved in these criminal proceedings. The only reason there is any case regarding the 2010 promotion is because stocks and monies were changing hands in manners that they shouldn't have been.
The Reality is: The money's gone. There's no $Millions sitting around for the court to distribute. No property, no real estate, no assets that even come close.
The DA cares only about conviction rates, not justice. He has yet to get that.
Do you really think this Judge(IF there is a conviction) will do anything to return any losses to investors who bought in to this overpriced stock as a result of the 2010 promotion?
Not sure why that's funny.
I'm sure everyone, myself included, would love to see that information made available to the public.
Everyone who lost money in this company would love that, but I don't think the DA, nor the judge have the balls to do it.
According to the 3 years of financial data that was released in 2010, and the quarterly info released for the first quarter of 2011, about $800,000 was generated for the company during the March 2010 promo. The problem is 100s of millions of shares traded over a 2-week period(not 45 min. as has been claimed repeatedly on this board). LYJN stock continued to trade, for the next few months, at 10 to 20 times the value that it had been trading for well over a year leading up to this event, based on the release of financial data, and the promise of continuing transparency. Who profited from these lies? Why wasn't more money generated as capital for the company? I've run the #s. The company should have benefited from an insurge of several million dollars.
Yes, where is the financial data? The data that has been released was for quarters that the company had little or no product available. Where's the data from the periods when it was documented that they had quite a bit of product selling at 1000s of big-volume retailers, and hundreds of high-end retailers? How was that revenue mismanaged? How convenient that that financial info has been kept secret.
I think we're all in agreement on "Where is the financial data?", and "What happened to all the money?"kkk
No one from Desert Vista Capital were ever pumping this stock.
You'll hear an "invented" history of LYJN repeated over and over. It's all nothing but a tiny bit of truth mixed with a lot of make-believe.
One of those myths is this "45 minute trading window" way back during the 2010 promo.
Anyone with 0+ years of trading experience can see from the following chart that LYJN traded well above 5 cents for a total of 9 days during that time. Volume was in the 100s of millions.
Oh, sure. IT'S COMING, right? Everyone has heard that for years.
This is a real shocker!!! Another CONTINUANCE - 6 weeks.
...or CONVICTION?
DISMISSAL...
Please. When one uses terms like "everyone" and "nobody", it's understood that they are talking about most investors, not every single one.
And yes, you're correct, the money made by those(I'll remain the better man and refrain from the name calling) jumping in last minute during the 2010 promo IS "chump change" compared to the small fortunes made by those who loaded up on shares at sub-sub-penny prices throughout 2008-9.
$$Millions were stolen by these crooks in 2010, and more than likely, at other times in the history of this ticker. Even if these guys get anything more than a slap on the wrist, I doubt there will be any money ever making its way back to shareholders.
She looked pretty free, didn't she. This is frickin' hilarious. She's got everyone's money and NOBODY will ever see a dime!
Hmmm. Only a couple of weeks, this time.
The DA(and everyone involved) is simply waiting so that there won't be much of an uproar, from those who lost money investing in this outrageously inflated stock way back in 2010, when everyone walks.
Too much time has passed. This DA has no intention of doing anything.
Wow, great show! A real cliffhanger! Can't wait for next season!
900 shareholders? I thought there were only a handful. Years of posts stating that all shareholders had left. Now, magically, 900 have reappeared!
The SEC disagrees with you. "The SEC alleges that Kevin Sepe of Miami masterminded the schemes involving two microcap companies — Recycle Tech and HydroGenetics — with the help of three licensed attorneys and several others who collectively reaped illegal profits of more than $3.5 million. Aventura, Fla.-based attorney Ronny Halperin assisted Sepe in both schemes..."
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171488828
Halperin was the CEO at the time. But he wouldn't have anything to do with financials, would he?
Sepe is the ringleader who had been planning this scam for at least a year before LYJN was even incorporated in 2006.
Seems funny that you think these 2, who have already been convicted of fraudulent activity regarding several other companies during the same time period, have nothing to do with the fraudulent activity rampant in this stock, if you believe some of the posts here.
They've had plenty of time. But, I guess some are still awaitin' an' ahopin' an' awishin'.
The DA is interested in pursuing actual crime, not phony allegations. The real question is why are they not pursuing Halperin or Sepe. What kind of deal do they got going on? Does anyone believe that those two weren't involved in any misdealings with regard to LYJN during the 2010 P&D?