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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 > Sal and 11
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Post by Duediliguyedili on Mar 01, 2020 2:13pm

Sal and 11

Sal their is a reason a company files for reorganization . If you have leases you want to get out of and the landlord is trying to hold you in it gives you leverage alot of leverage. If you owe vendors for product that is to be shipped but held up for payment it gives you much leverage. These are some of the reasons plus it will also basically wipe the shareholders out. Rather than fund the problems you raise capital to fund reorg and the growth. This is not what i beleive is happening but if push comes to shove this is what could happen. I believe based on what i have seen for 3 years that Marcello will do whats in Marcellos best interest.
Comment by vancouverinvest on Mar 02, 2020 9:09am
Everything Marcello does is to serve Marcello. Until he is removed no one can make this work. The company is ran by what ever reaction Marcello has, and it changes daily.  He is unstable, ruthless and not in anyway out for his investors, staff or suppliers. The consultant most likely has another deal on the side with Bevcanna Marcello's other company. Another pump for his resume. He's ...more  
Comment by Sal1958 on Mar 02, 2020 2:22pm
vacouverinvest I hear what u r saying. You don't approve of the guy who is running the company. He hasn't done a good job. That why we r where we are at. The consultant you think has other deals with RYU. Not sure how u come to this assumtion. Staff and security not happy and needed. Go to LuLu will be like going to Disneyland. We all have all been scammed. Should we sell our shares at ...more  
Comment by had2chimeIN on Mar 02, 2020 2:42pm
my suggestion would be to GTFO as fast as you can. I was happy to lose at 3.5c Drive this thing into the ground before this guy ruins even more lives. Can you imagine taking a pay cheque while your friends and families investment plummets?! This guy is a lizard through and through.
Comment by vancouverinvest on Mar 03, 2020 12:10am
I can't tell you what to do, I do however want to make sure no one else invests until a new board and CEO are in place. I know first hand what is going on from the inside daily. Anyone that speaks out against Marcello will be threatened and lawyers will be used, all paid by RYU shareholders.  20 million raised in the last 24 months and you have no new stock, no new product? Staff ...more  
Comment by Sal1958 on Mar 03, 2020 12:38am
Okay let's not let anyone invest until no Marcello and board . You have an insider? Why is whom still there if you make it sound like a Columbian drug lord and his bandits r running the Conpany. Odd in 2019 new products were introduced. It's only been in the last part of the year that there seems to be a void. They r still selling product. This staff turn over. R u one of them? So sad to ...more  
Comment by had2chimeIN on Mar 03, 2020 12:57am
Dude. Seriously. Give up this hero cr*p. At this point we're all quite certain you are VERY involved in this sh**hole. You're either totally aware of what's going on there and are playing his game or you're sadly unaware of what everyone in Vancouver has known about RYU for a long time. This was a gamble through and through because we all believed he was dumb enough to keep pumping ...more  
Comment by Sal1958 on Mar 03, 2020 9:01am
Hard to believe. There is a board of 200 readers and seriously dude u are attacking like a cold hearted villan Tell me how what u r saying is the truth and is not a made up story to get this guy. You were involved. The experience wasn't to your liking. Now u just don't give up. You desperately want his head. What's to believe. If everyone in Vancouver knows about RYU why didn't ...more  
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