RYU Apparel Inc V.RYU.H

Alternate Symbol(s): RYPPF

Consumer Cyclical Luxury Goods

RYU Apparel Inc. is a Canada-based urban athletic apparel brand, which is engaged in the development, marketing and distribution of apparel, bags and accessories. The Company’s products are engineered for the fitness, training and performance of the multi-discipline athlete. The Company’s products are designed, developed and tested at its corporate headquarters in Vancouver, British Columbia, Canada. The Company’s products are produced in factories located in North America and Asia and it sells its products through retail, e-commerce and wholesale channels. The Company offers its products for both men and women and also sells its products through Websites, ryu.ca and ryu.com.

TSXV:RYU.H - Post by User

RYU Apparel Inc

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Comment by OldManWinteron Dec 17, 2016 11:02am

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Post# 25614243

RE:RE:RE:RE:RE:RE:RE:Congratulations RYU - The Expansion Continues

Everyone should know that dilution is going to happen until the company can stand on their own two feet (which is targeted for the back half of 2017). I am surprised at how quickly they have come back to market again. That said, I am going to give them a break for now. If they can use this money to help expand revenues then I'm OK with that. No doubt that opening a few more stores is going to require alot of capital. One way to look at it is that someone is willing to give them captial for fund their goals. As mentioned, I'm glad to see zero warrants this time around.

Of note, when LULU went public they had roughly 68m shares outstanding. Fast forward to today, they have roughly 150m. They too have needed capital. The real key for us is going to be brand recognition. If the brand can gain traction then it could set us up very nicely. If not, they'll only be able to dilute for so long then its game over.

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