Saturday, January 01, 2011 3:10:08 PM
Press Release Source: Lyric Jeans, Inc. On Friday March 26, 2010, 5:33 pm EDT
LOS ANGELES, CA--(Marketwire - 03/26/10) - Lyric Jeans, Inc. (Pinksheets:LYJN - News) today announced that it has taken the steps necessary to become a Pink Sheets reporting company including entering into the Pink OTC Markets Issuer Services Agreement and assembling the information as required by Pink Sheets Guidelines for Providing Adequate Current Information.
"The company is certainly excited that the market has expressed such an interest in our stock and progress as a company. We never anticipated such an overwhelmingly positive response," says Lyric Jeans CEO, Ronny Halperin. "We are working diligently to provide our shareholders with information which will be available on the Pink Sheets," he continued.
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Lyric Jeans Inc. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product
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