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 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
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
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
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.