TSXV:RYU.H - Post by User
Comment by
OldManWinteron Nov 30, 2016 10:33am
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Post# 25533553
RE:RE:RYU more cash, debt gone, inventory lower, Revenue up 150%
RE:RE:RYU more cash, debt gone, inventory lower, Revenue up 150%I do agree that the enthusiasm is a little over the top at times. the 150 revenue increase is when u compare it to 3rd quarter of last year. they were liquidating old inventory then so u can't really compare the periods. this is an example of enthusiasm being misleading. I am very positive on this stock going forward but I'm not blind to the risks involved. as for inventory, they plan on producing more with this latest round of financing.