Lyric Jeans (LYJN)

[gordonhoochie]

So they grew during the great depression time while Lyric list 95% of its value? Do you think maybe they had a sound business model with short, mid and long term strategies in place? Did they file timely SEC reports? Were they responsive to their shareholders?

I have another penny stock that puts out regular and timely quarterly financials. Company is roughly the same size as Lyric. They just posted that their report will be on on 11/12 and they will follow it up with an afternoon CC for all the shareholders to call in with questions and/or concerns. They are not required to do this but they do it each and every quarter to build and maintain investor confidence whether it is good or bad news for the quarter, the entire BOD will be on that conference call answering all questions. What prevents Lyric from doing this other then their own refusal to do so? Why would they want to kill investor confidence and bring the PPS down to .0054? They do not file because all their numbers would be so bad that the company would lose every shareholder (sucker) they had on the line right now and be BK in no time. This is my personal opinion about this company and its way of doing business.