InvestorsHub Logo
icon url

Lyric_Rocks

09/22/12 4:09 PM

#22535 RE: manshoon1 #22534

A scam files bogus financials. Lyric is making sure their's are ok before releasing them. This is a growing company hit with setbacks not a scam. Go Lyric!
icon url

Q-reus

09/23/12 4:43 PM

#22542 RE: manshoon1 #22534

manshoon1, with all due respect, if you gut says scam, then you should steer away from any stock that gives you that feeling; not to say that is the case here. But we all have to live with the decisions we make playing stocks or any other action.
icon url

Lyric_Rocks

09/23/12 5:26 PM

#22544 RE: manshoon1 #22534

Lyric trading in a range between .003 and .005 for now as longs wait for more info. I would also discourage those that think this is a scam from investing their money. There are plenty of OTC stocks you can choose from. It appears from the trades that we have enough longs with faith in the company to keep it going until more info is released. For those with time and money and willing to risk for a gain feel free to hold or add more while we wait. Go Lyric!

http://www.lyricculture.com/celebs.php

http://www.lyricculture.com/press.php

http://www.otcmarkets.com/stock/LYJN/filings
icon url

rhumphre1

09/24/12 10:27 AM

#22546 RE: manshoon1 #22534

Manshoon1, has LYJN made any PROFITS in almost 7 years? NO!

Have you looked at any available financials the company made available to investors to see WHY they are not making money? Did you use the available info. to attempt to evaluate where the PPS of the stock should approximately be at?

Do those financials reflect an inventory as to what is being hyped on message boards? NO!

Does the management have a good track record of keeping investors informed? NO!

Do they answer phone calls or emails about any investors issues they may have? NO!

Does the company file REGULAR quarterly and yearly financials, as any CREDIBLE Pink Sheets Reporting company does?? NO! WHY? Does someone wants to keep the doors open for a reason even though no profits are being made?

Financials were only produced to satisfy OTCMarkets issues due to the Caveat Emptor and threat of delisting if they didn't. The March 2011, Q1 numbers were only " management supplied ", not produced by an accountant and therefore can NOT be relied on as to the accuracy of the numbers.

Does ANY member of current or past management have issues with illegal activities with the SEC? YES !

Has management released PR statements that they flatly did not carry through on? YES!

Did the PPS and share activity of this stock rise just before these PR statements were released? YES!

Did the PPS then tank lower than what it started from shortly after the statements release? YES!

Has LYJN been pumped by another individual or manipulated by an obvious 3rd party? YES!! Just check last January and the even larger event in spring of 2010!

Have you read and understood the SEC guidelines for how to determine weather a company is a possible SCAM or trying to CON the investors? Lots of good reading out there if you want to take the time.

These questions are just a start to what you need to be looking at with this company or any company for that fact. Just because a business rents a building, has a small amount of assets and has some mdse. in stores does not mean it is a good investment.

OTCMarkets has placed the BIG RED STOP SIGN on the symbol for an obvious reason.

GL2U in your DD endeavors!