TSXV:RYU.H - Post by User
Comment by
Riddler76on Dec 05, 2019 4:53pm
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Post# 30426650
RE:RE:RE:RE:RE:RE:RE:RE:RE:How much revenue = no loss?
RE:RE:RE:RE:RE:RE:RE:RE:RE:How much revenue = no loss?I read it. It is a legal cover your @ss that certainly lists a lot of risks. They need to rely on cash to survive (which is low) and private placement funding (which is hard to get due to the sp performance or lack thereof). I see the potential and there are a lot of things they do right but unfortunatley a lot of things also have not materialized. It's a very frustrating operation for sure. I am a very patient investor but 0.02-0.03 does not cut it anymore. Not only is the sp too low, it's very stagnant with little volume and movement (certainly not northbound movement). I suspect a split is on the horizon but on top of that they are backed into a corner now and need zappos to work, more e-commerce brand awarness and the retail stores simply put are empty if an event is not going on. Empty is not being harsh, that is the unfortunate reality. To date, the optimism of the Bieber potential, COLTS program and getting Lululemon market share spillover has not taken off. Their creatives are good on social media but the following numbers are not. The latest financial statement has reached the point of code red concern for me.