Friday, January 06, 2012 2:11:34 PM
Evidence of the pump and dumps is rather easy to establish because after the PR blitz and subsequent PPS rise, Lyric has never once been able to sustain its PPS level. Sure a little pull back is expected for consolidation but if the company was on firm ground with sound business practices it would be able to support and sustain its PPS rise on the news releases and it never does.
Why is that? Why can't Lyric hold its PPS value after one of the fluffy PR releases and the lures go in the water bringing in new and unsuspecting investors? It can not hold its value and never has been able to do so in the history of the company in my opinion and looking at the 5 year charts.
Who is to blame for that? There are 6 or 7 employees total working for the company from what little info they have put out. Hanna and basically 5 interns operating out of an old rented house off the strip as their corporate HQ. Hanna is to blame for the current PPS and the losses to investors. She is the President of the company so the blame is on her and her absolute refusal to have any direct communication with her investors such as a CC or putting out actual audited accurate SEC financial reports so investors can decide if the company is worth the risk.
There has never been one annual shareholder meeting held or one CC done with shareholders that I can find in the history of the company by Hanna. Why is that? Why not answer shareholder questions and give them confidence in their investment? Why not describe your short, mid and long term business strategy so investors again can build confidence in the company which translates to buying of shares and PPS rising and sustaining certain levels as it does.
This is just my person opinion as a shareholder but all of you seem to praise her for what she has done for Lyric maybe you need to look at what she has failed to do for Lyric and the investors and then understand why the PPS sits where it does.
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