Lyric Jeans, Inc. to Update Pink Sheet Information
27 March 2010 - 8:33AM
Marketwired
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.
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.
Press information: Email Contact
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