posted
where is the talk on this one? does anyone else have this stock? started as Lyric Jeans, is now Lyric Culture.
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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Saks in Tune With Lyric Culture Brand Retail Giant Saks Fifth Avenue Picks up Lyric-Inspired Clothing Line for Spring '07 Lyric Jeans, Inc. (PINKSHEETS: LYJN) announced today that its brand Lyric Culture will be sold at high-end department stores, Saks Fifth Avenue, this spring. The debut collection titled 'Lyric Culture Revolution,' is dedicated to music from the late sixties through the early seventies, a period ripe with the realization that music could inspire social change.
The collection's cutting edge, premium screen print T-shirts will be available mid-February in Saks Fifth Avenue stores nationwide. Lyric Culture embodies words made famous by such great artists as The Beatles, David Bowie, Marvin Gaye, Lynyrd Skynyrd, The Mamas & the Papas, The Supremes, Fleetwood Mac and many more on T-shirts, jeans, denim and leather jackets, shorts, skirts, corsets and belt buckles.
"The response to Lyric Culture product has been tremendous and we're excited to have a prominent retailer such as Saks jump on board to distribute this unique line," said Kathy Walker, Head of Sales for Lyric Culture.
The company uses the words of legendary artists in the design of denim and leather jackets, shorts, skirts, corsets, tee shirts and belt buckles. Every item in the collection reflects the personality, style and flare of the artist and song through its design. Lyric Culture honors these artists and their timeless words by fusing high fashion and music in a groundbreaking way, allowing the wearer to express themselves through the words of a classic song -- a modern twist to wearing your heart on your sleeve (and pant leg!)
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Lyric Jeans Inc. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Lyric Jeans Inc. does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Source: Market Wire (December 18, 2006 - 7:13 AM EST)
posted
No.... but i will be watching it today...It's more than doubled over the past few months...and seems it should do well with this news...Looks like the 52 weeks high was 2.10 or something...and the chart seems to be in an uptrend!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards! Posts: 8890 | Registered: Jan 2006
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posted
10, I knew this was historically a $1.00 + stock. it was at .80 just last April. in my DD I saw it IPO'd * 1.64 or 1.94, historical info is sketchy.
the only thing that bothers me is there has been no reporting on O/S or float. the only thing I find is 'Share data not available'. So, I don't know when the bubble will burst, if ever. If people like Tina Fey keep showing up in Rolling Stone, and SAKS is selling it, this may just keep going.
what it needs is someone like Fergie from Black Eyed Peas, or Christina Aguilera showing up with an outfit, then you might not be able to keep them on the shelf. there is still room to .80, that's for sure.
Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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posted
This could be a VERY interesting play. However, it would be nice to know some of the financials and info regarding o/s. If anyone comes up with anything please post here.
Good Luck!!
Posts: 7 | From: New York | Registered: Dec 2006
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posted
Shoulda Coulda Woulda - I've been watching it - just can't bounce between plays too much or the commissions will eat up the gains. I am comfortable with my plays - they will do well sooner than later...
...and no, CSHD is NOT one of them
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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