Replies to post #1519 on Lyric Jeans (LYJN)

[rrufff]

Great couple of posts ted. I have issues with IR firms in general in the pinkie area. I often call CEO's and try to convince them of the evils of dilution and that they need to build a strong shareholder base. Almost unanimously, each one tells me that they get tons of calls from these guys who tell them they can make the stock fly with a combination of PR's and other promotion, all, of course, funded with shares that get dumped or toxic convertibles. You'd be amazed at how naive some of these tiny company CEO's are. I'm not saying this happened here, but when I see a high powered PR promotion I tend to get a bit wary. In this case, I thought the PR promotion was very good and slick. Now, I wonder about the total picture and, as I posted before, believe it would be in the company's best interest to fully disclose what has happened with the capital structure.

[IVXX]

tedpeel, I am very glad to see that you are starting to talk like someone serious about what they are doing...

The only thing you missed was, PINKSHEET company or not...Regardless of what exchange or listing a company is traded, When anyone request "ANY INFO" especially stock structure finacials etc there is no excuse for what LYJN did...The answer should have been NO...Not we are getting the stuff together for 6 months while they diluted the pps...Call it what makes you feel all warm in fuzzy inside but the PPS was diluted by the ACTIONS of the company...Bad advice, if you like that, bad management!

I really think you are starting to get up to speed and that is good...Be careful with your idea of high pps and dilution, yes I know, but this is a penny stock!