Friday, March 17, 2017 11:47:38 AM
If you visit the LYJN WEB site, I couldn't even find a current copyright date listed which should be 2017. This is highly irregular for a WEB site and I would question if the LYJN brand name under the new owner is still holding the copyright.
The site also lists several so called " distributers " of the product but I guarantee anyone Target is NOT one of them in my area. The other 7.....bloomies, urban outfitters, torrid, forever21,charlotte rousse, mod cloth & HSN appear to be mostly " internet suppliers ". Wonder if LR has visited ANY of these and actually FOUND product in the stores.
Yet another example.....urban outfitters....go to their site and try to find ANY Lyric product. NOT listed in their directory of vendors.
I suspect they are just peddling the remaining mdse. until it is gone and then POOF......Hanna's dream will be just that. Way too many OTHER individuals putting lyrics on their clothes for years now to stay competitive in this internet driven selling world.
Unfortunately, I think LR is holding several rolls of TOILET PAPER at this point. DEFUNCT company, purchased by an individual at pennies on the dollar only to attempt to sell of the remaining stock from the warehouse.
Nice idea BUT I seriously doubt anyone, especially LR and all those others still holding worthless shares will EVER make one penny off of LYJN! The FORK has been in this line of clothing for many years.
Everyone have a WONDERFUL St. Pats day and an even greater weekend!
MY opinions are just that.......40+ years of trading experience and take it for what it is worth.
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