Lyric Jeans (LYJN)

[gordonhoochie]

I appreciate the informed and detailed responses from the members here. Basically, we have a company operating out of a converted house off the sunset strip. It is not even recognizable as Lyric from the outside. I wonder if they are licensed and even zoned to operate a business from that residence. Why are there no. pictures of this location on the website or this board site? There was maybe 2 employees inside the location when a member visited them. Management and/or BOD refuses to meet or communicate with shareholders who are (partial owners) of the business.

It was fairly obvious that the jeans were not selling at 70-100 pricing so now they are trying trinket costume jewelry in various locations. The profit margin for stuff like this has to be marginal at best. Alexa rating is poor. The company is non reporting to the SEC and non communicating with the shareholders.

For those of your like me with significant money invested here, do you see any upside at all at this point? I am having trouble seeing any future for this business right now operating out of probably a rented studio house in a residential area.

Thoughts please are appreciated...