RYU Apparel Inc V.RYU.H

small business funding

[Duediliguyedili]

Since RYU has US operations ,im not sure how its set up but I believe the can apply for stimulus funding. The problem is how do they use the funds. To use it to pay employees and rent in stores yhat have very little chance of surviving does not make sense unless u chose maybe 2 stores that can be used for marketing and focus all other funds on Online sales and product development. they do have an opportunity here. This new funding at 1 cent values the company pre money based on shares out is about 8 to 9 mill . There might be an opportunity for the investors at 1 cent but it depends on the new team yhat will lead the company.

[had2chimeIN]

There is no RYU anymore. Go knock on the door and ask Marcello what they're working on in there.

[gardy]

Can you say Bevcanna? Hey maybe they can get funding from this company and give it to RYU. Just wishful thinking.  Gardy. 

[had2chimeIN]

Ding Ding Ding! We have a winner! They're not even hiding it, look up the address. Hmmmn. All but 4 employees left on payroll with nobody watching over them? If that board was in any way legit they would have squashed that scenario long ago. Let's be clear here, any money going into RYU right now is helping to fund Bevcanna. Now please somebody arrest these people.

[gairvine]

     Really quite disgusting. BevCanna seems to be using the RYU playbook. BevCanna pays Naturo group; RYU rents space from Leone company: you can see the pattern.  Money gets moved from here to there and capital is eaten up by unjustified wages and bonuses. Leone pays himself 100,000 dollar bonus for opening stores and then the stores begin closing shortly thereafter. The