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Montanore

01/21/12 12:39 AM

#17849 RE: manshoon1 #17848

The business is expanding their product line and selling in major venues and that's very telling. Doesn't that count for anything?

I'm not telling anyone what to do, but I'm not selling the lows.
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Q-reus

01/21/12 10:43 AM

#17855 RE: manshoon1 #17848

Why do you imply that

They use LYJN funds to pump, then they sell their personal shares.......

..? Can you share your reasoning with the naive one(s) on this board, please?
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99percent

01/21/12 2:48 PM

#17868 RE: manshoon1 #17848

A factual account of the paid promotional info.
The sites that post that information are no less shady than the promoters that receive the compensation. I'm not disputing the info, but in needs to be taken in context, and represents info that was collected from man sources. Stock promotion is often made to look as a bad thing done by scam companies. Let's look at it for what it is, though. It is simply advertising. Advertising is manipulative by nature, but has nothing to do with whether the product is a piece of crap or not. You may have the best product in the world, but if you don't promote it, it will not be successful.

2006-Feb.2007
The majority of that collected data is from the company's first year in business before they had product in store, and while they were trying to raise capital for their endeavors. That campaign ended when they had product in store in February 2007.

A lot of that is reports of accumulated compensation. For example:
Stock Wire wasn't compensated $200k and 3M shares on 28 different occasions. That is the total for all those promos.
and
Wall Street News Alert wasn't compensated $50k, $60k, $10k, $25k, and $85k. They were compensated $50k,10k,and 25k, totaling $85k.
If you add it all up, Lyric paid less than $400k and 4M shares to promote their company while raising capital during their first ear in business.

2008 and 2011
NO COMPENSATION
Sometimes stock promoters simply promote the news! Go figure. Something like, "LYJN up 300% yesterday on Walmart news!"

2010
Third-party promo, more than likely by investors who owned 10s of millions of shares.

2012
Third-party promo totaling $11k.
more than likely, the company distributed shares. 25M? not a big deal. I think it is important to understand that this event took place at a point where the stock had started on an unstoppable uphill climb toward a more appropriate estimate of its actual value. Someone wanted to accumulate a number of shares that had they tried to do so in the regular market would have cost them a hell of a lot more. It was someone realizing that we gotta get in on this thing, and we gotta get in now.

Insiders have not sold any of the restricted shares issued to them. It has been testified to in the past, and the share structure numbers released by the company confirm this.

http://www.otcmarkets.com/financialReportViewer?symbol=LYJN&id=34079
http://www.otcmarkets.com/financialReportViewer?symbol=LYJN&id=53025