RYUN newsOTCBB: RYUN) Gaining Its Share of a $1 Billion Market
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire
Aug 16, 2011 6:30:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 08/16/11 -- Respect Your Universe (OTCBB: RYUN) recently announced the success of their latest round of financing in which they raised over $2 million dollars via restricted stock.
Respect Your Universe (RYU) is a premium performance apparel and equipment company rooted in and inspired by Mixed Martial Arts (MMA). The MMA market has been estimated at over $1 billion (Forbes) with several apparel and equipment manufacturers creating niches for themselves.
RYU has also filed its first patent with the US Patent and Trademark office for an advanced closure design for training shorts used at all levels of MMA. With the increase of people practicing this fast rising sport, RYU should have an opportunity to market its product to a very wide range of potential buyers.
Other active stocks are The Buckle, Inc (NYSE: BKE) Nike, Inc (NYSE: NKE) Zumiez, Inc (NASDAQ: ZUMZ)
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
Contact:
Eric Jensen
www.ionewswire.com
516.942.4910
Source: IO NewsWire