RYU Apparel Inc V.RYU.H

thank you shneps

[logisticsguy]

this company couldnt organize a piss up in a brewery they spend money but cant raise money no different than marcello

[Sal1958]

logisticsguy the company has been taken from a large brick and mortar business to one store with e-commerce sales. They run out of the flagship store. Where is the more spending. Give me something concrete that shows actual overspending. U can get schneps to help u. Schneps waits for these opportunities to put out as much mis leading information as possible. Have a nice day.

[logisticsguy]

Sal if you are so keen on this company take part in the financing that they have not been able to fill. you would think if they are so great then they would have friends and family lining up but they don't

[Sal1958]

logisticsguy this can go both ways. If u don't think what has been done is sufficient and u r not happy. U can take your losses and move on. As per the coo news release we will not see growth results until the 3rd quarter. I will wait for the April 17th news release on the financing. They don't seem to be stressed for cash. They r settling and making payments on debts. They r not having

[logisticsguy]

i have been in this for a long time traded it so i dont really have losses I averaged down just for the run ups because it is a game with these guys i have an average of about 10 cents with 102000 shares i own many of their prducts probably some of the best but the have gone away from the good stuff they still cant fill a PP and the big problem is they did a roll back and then are isueing more

[shneps]

I have to say this is one of your best lines ever Sal. Thank you. "They don't seem to be stressed for cash. They r settling and making payments on debts. They r not having issues with paying for inventory." Based on past performance they should currently be $3M in the hole. (this doesn't include the money involved in the lawsuit) Six months ago was the last financial statement

[Sal1958]

schneps shows us the Financials that show a burn rate of 3m per quarter.

[shneps]

Comprehensive income (loss) $ (2,943,019) $ (762,415) $ (9,074,909) $ (1,714,034) This was the net income loss for the three months ending September 30th 2021. This was the net income loss for the nine months ending September 30th 2021. That's an average of $3M per quarter. You can look on Sedar yourself to read the financials. Which I know you can but you don't bother to read things

[Sal1958]

schneps my question is not in regards to net income loss. It is in regards to cost of operating for the quarter. Which is not 3m. Please provide this actual info. It does not cost 12m per year to operate this company. Especially the way it is structured. Have a nice day.

[shneps]

You said "show us the burn rate per quarter." That is exactly what I did. Do you actually think that lossing $12M a year is not associated with how much it costs to operate the company? If not you are delusional. Even in the last quarter they had $90,000 in gross profit and $1.8M in direct expenses related to acheiving that measly $90,000. What is your point?