RYU Apparel Inc V.RYU.H

Hail Mary

[Duediliguyedili]

I agree it seems the cunsultant deal is a Hail Mary , seems like there are many other hoops they have to jump through to get it signed. I wonder where they are with working capital. Based on the past they burn probably over 500k a month , if they didn't raise anything after the 1.359 million closing they must be out of cash. Also as they raise money they are also burning it. If they keep burning then what will be left for investment capital from the financing. Seems to me they need to close the private very quickly and a couple more stores while they are at it.  Over the last few years Marcello seems to pull a rabbit out of a hat at crunch time , it's one thing to raise the funds needed its another to know how to use it to build a profitable company. Looks like  the model was flawed from the beginning.