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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 > Marcelo Blames Stakeholders For Poor Strategic Growth Plan
View:
Post by had2chimeIN on Feb 26, 2020 9:48am

Marcelo Blames Stakeholders For Poor Strategic Growth Plan

Are you kidding me?
Comment by Sal1958 on Feb 26, 2020 10:28am
had2chimeIN r u finding anything u think is positive in the Update. To me it shows thier r controlling costs with stores and staff. Right sizing. Raising capital, contracting the consultant and will be increasing the product line. As much as we can say coulda shoulda. We are seeing a plan to move forward. One of my concerns is the 10-1. I heard it can go either way. I have also heard it can be ...more  
Comment by Casey1989 on Feb 26, 2020 11:40am
I have shorted this stock for quite sometime. will be covering in a week or so, this letter is nothing more but an attempt at raising capital into a retail space that is flooded with difficulties
Comment by Sal1958 on Feb 26, 2020 12:10pm
Today Feb.26, deadline Mar.09. Very short time frame as to say it's an attempt to raising capital. With such a short time frames I am going to assume most of the financing has been acquired. Concerned shareholder.
Comment by had2chimeIN on Feb 26, 2020 12:42pm
sure he's saying all the right things but that consultant maybe might could possibly join thing is more bs. Why doesn't he just drop the bloody ego. Blaming investors for the pressure. People got on board because of HIS vision. He personally sold his own family on the promise of stock growth.
Comment by coldasice247 on Feb 27, 2020 12:20am
Marcelo has probably never made an online purchase in his life. No chance this guy can turn this thing around. 
Comment by Sal1958 on Feb 27, 2020 1:16pm
Maybey not. As long as he can get someone to turn thing around works for me. Were getting some volume being traded today at $0.02. Were at 3m mid day. Hope this is a sign of shareholder interest. Concerned shareholder.
Comment by athleticsguy on Feb 28, 2020 7:06pm
That's a stretch Sal.  You mentioned the same thing when it was priced at $0.03 or $0.035.  Yet here we are at $0.02.  Given the current global economic situation this "restructure" couldn't be happening at a worse time.  If only leadership listened to some of us warning about this cash burn strategy a few years ago we wouldn't be in this position today ...more  
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