Replies to post #25437 on Lyric Jeans (LYJN)

[Lyric_Rocks]

The red stop sign may also mean seller beware. There may be people trying to drive down the share price so they can accumulate more shares before it takes off. How about that discussion? GLTA Go Lyric!


http://stockcharts.com/h-sc/ui?s=LYJN&p=D&b=5&g=0&id=p68761933142

[soluann]

Why are you so hung up on Profits? There are plenty of fast growing companies that are growing revenue quarter after quarter without ever having been profitable.

I would love to see them release information on revenue growth. If revenue is growing, profits will most likely follow.

I would also like to see them advertise more to establish a brand following and brand recognition.

This stock is trading so cheaply, why not take a shot? Its a HUGE potential gain to the upside with a small risk to the downside.

Its a gamble alright but its a great idea. The problem with this company (IMHO) is that they need people experienced in the clothing company/retail industry not the artsy creative music industry types with no business experience.

I took a shot at a very low price with a HUGE upside gain potential. Dont wait until it is too late.

[99percent]

Here are the only 2 times in 7 years that financials were ever mentioned in a PR. I dug them up for everyone, and have provided links(which is the accepted norm when discussing facts(unless there is something to hide)) , as I did not see any links provided in your post.

1) The first, way back in 2007. Well, I think the whole world knows what happened a few months later. The entire planet declined into the worst recession since the Great Depression. LYJN almost went belly-up along with many of the small boutiques to whom they had advanced credit. Following through with your plans to get an accountant seems kinda pointless at that point:

Quote:

Lyric Jeans Inc. Corporate Update

LOS ANGELES, CA--(Marketwire - June 29, 2007) - Lyric Jeans, Inc., (PINKSHEETS: LYJN) is pleased to provide its shareholders with a corporate update reviewing the company's progress and objectives in the coming months.

Lyric Jeans, Inc.

-- Is in the process of engaging an independent auditor in order to
provide complete audited financial information for its shareholders with
the goal of becoming a fully reporting company.

http://www.marketwire.com/press-release/lyric-jeans-inc-corporate-update-747331.htm

2) The second simply states that LYJN would bring themselves current, which they DID:

Quote:

Lyric Jeans, Inc. to Update Pink Sheet Information

LOS ANGELES, CA--(Marketwire - March 26, 2010) - Lyric Jeans, Inc. (PINKSHEETS: LYJN) today announced that it has taken the steps necessary to become a Pink Sheets reporting company including entering into the Pink OTC Markets Issuer Services Agreement and assembling the information as required by Pink Sheets Guidelines for Providing Adequate Current Information.

"The company is certainly excited that the market has expressed such an interest in our stock and progress as a company. We never anticipated such an overwhelmingly positive response," says Lyric Jeans CEO, Ronny Halperin. "We are working diligently to provide our shareholders with information which will be available on the Pink Sheets," he continued.

http://www.marketwire.com/press-release/lyric-jeans-inc-to-update-pink-sheet-information-1164810.htm