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Bullboard - Stock Discussion Forum RYU Apparel Inc V.RYU.H

Alternate Symbol(s):  RYPPF

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... see more

TSXV:RYU.H - Post Discussion

RYU Apparel Inc > Relax Sal
View:
Post by Duediliguyedili on Feb 20, 2020 2:14pm

Relax Sal

We all have the right to be here and speak our minds about the company. Chime seems to be an investor for a while that is frustrated by what he perceives to be mis management.As far as i can see most of what he says is true. If you follow the company from when the new business plan started to now its not a very pretty picture. Some really nice product but a flawed business model as far as i see it. Is it to late for it to be fixed and moved forward to success , i guess it starts with getting the funds to stay in business and see if whoever will run it can turn it around. look at the filing Marcello and his family are believers and it looks like they have alot to lose financially as well as reputation. Sal you should stop treating this board as though you own it.
Comment by Sal1958 on Feb 20, 2020 4:03pm
Duediliguyedili I find it offensive when someone claims on a board with 200 readers that I am getting paid by RYU. Completely false and damaging info. This is okay for the person to be here? This is speaking your mind? If he wants to speak his mind he should stick to the facts relating to the company. The frustration with how this company has progressed is felt by all existing shareholders. You ...more  
Comment by had2chimeIN on Feb 20, 2020 5:20pm
my tongue in cheek comment came from your CONSTANT defending of everything they do. Any negativity or criticism whatsoever and you jump on people. All I stated before that comment was that the 1.5m raised was not "news". It was a FACT that it was a 3.5m shortfall on the 5m PP that they closed. Why is that so offensive to say. Besides all of that you're constantly talking about ...more  
Comment by Sal1958 on Feb 20, 2020 5:44pm
your not understanding. Don't accuse me of working for RYU. Keep you tongue and cheek movement to yourself. Don't post it. It's not defending it's called understanding that we all make mistakes in life. For a long term investor some of your prior posting don't show any caring for this company. It continues to make me believe u want this over and done with.
Comment by had2chimeIN on Feb 20, 2020 6:00pm
I have no idea what "we all make mistakes in life" has to do with the success of this company. This is what I'm talking about. You're acting like Marcelo is your sweet baby boy or something. This is business man! Facts are facts. And the vast majority of misinformation on this forum over the past three years has come from pumpers of the stock. I blame nobody but myself in the end ...more  
Comment by Sal1958 on Feb 20, 2020 6:52pm
had2chimeIN we r all in the same boat. Marcielo is not my sweet baby boy. I sit side by side with you on this investment. I view sedar releases for company info. I also call IR for info. I have been told there will be a NR to give us an update on the happenings and an update status. There is no me being related or working for RYU. We r on the make it happen mode. Do it now. Make sure its right ...more  
Comment by vancouverinvest on Feb 23, 2020 11:52am
Of course this is happening. Have a look at who's left in the company. Everyone that created that brand, the story brought in the GREAT people are all gone. Marcello stays... why because he is draining the company with his friends and his family. Look at the board all his inside people.  Chip wouldn't invest in Marcello it's that simple, we know why he even considered the brand ...more  
Comment by Sal1958 on Feb 23, 2020 3:11pm
vancouverinvest you seem to know what has really happened with RYU. Nice to get the story. In summarizing the company only has a CEO with family and friends whom needs to get terminated. Everyone else is gone. Okay terminate the CEO. Terminate family and friends? Now there is no one. Give us your insights as to what the company needs to do to succeed. Concerned share holder Chime Lol.
Comment by had2chimeIN on Feb 23, 2020 3:53pm
I was saying the same thing two years ago. There's no real board to make him accountable, just his people. I personally know the very early people and they're why I invested as well. They slowly all left because they wouldn't tow the corrupt line. The only way for this thing to make it is with him out of the way.
Comment by Sal1958 on Feb 23, 2020 4:30pm
had2chimeIN 2 years have gone by. The very early employees whom u personally know are gone. What do u think now of the product quality? Can you elaborate on wouldn't tow the corrupt line. Is this to do with the operating of the business? Or doing thier work? Take Marcello out of the way and whom? Do u the employees buy the business? I have been to 2 warehouse sales and seen the product ...more  
Comment by had2chimeIN on Feb 23, 2020 6:12pm
No.
Comment by athleticsguy on Feb 24, 2020 6:07pm
Going to 2 warehouse sale and seeing the product disappear isin't a sign of a successful business.    Marcello followed the wrong strategy and business model and now he's almost out of time and almost out of cash.  At this rate there won't be many employees left soon to operate the business.
Comment by Sal1958 on Feb 24, 2020 7:18pm
Going to warehouse sales in seeing product disappear. Referring to product quality. Agreed isn't a sign of successful business. The business was built on the pretence of high fashion and not an athletic leisure ware apperal. Agreed wrong business model. Out of time and cash. Agreed. PP in place let's hope they raise the cash. Not enough employees to operate the business. Let's hope ...more  
Comment by athleticsguy on Feb 28, 2020 6:27pm
RYU need to take 5 steps backwards before they can take 1 step forward.  It's really that simple.
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