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I am sure BMPI is a Charlie supporter! Tigers blood right!
Or maybe .0007. Who knows? Just my HO on bmpi!
HAHAHA. I am waiting for .007!
BillMyParents? For what? Should be called,,,, Teach my Kids IMO!
Well Vort, I doubt that bud! I have been on your coat tails for years and you have not always been right IMO! I can tell you, until now, You have nailed UYMG. But THR@ you were wrong on imo. I will maintain watch on UYMG. But you need to tell the seller they ruined allot of good money being greedy imo! I know your like he-man! Tell them to let it breath immediately!
Looks like a painted chart IMO!
Never ever have I seen this in UYMG! I have played this for years and made good money in the past! But, I am side lining it for now! Where is the bottom is my question! GLTY.
I am pulling DD on it and am liking what I am reading! TDCH is on the list to buy!
I am Liking what I am seeing here! Gonna be a mover IMO!
As of February 29, 2012 the Company has chosen to defer payment of dividends on the Series A Preferred Stock with such accrued and unpaid dividends amounting to $559,163 through February 29, 2012.
Subsequent to February 29, 2012, the Company made repayments of $179,500 on existing debt obtained under demand notes bearing interest ranging from 10% to 14%. The Company also extended the terms of existing debt totaling $372,000 and issued 372,000 shares of its common stock as additional consideration, and obtained short term borrowings of $32,500 from a business to fund ongoing operation and made repayments of $32,500 on these borrowings as well as $2,500 in interest. Additionally, the Company obtained borrowings of $124,176 from its principal shareholder and chief executive officer under its pre-approved financing arrangement bearing interest at the rate of 12.00% and made repayments totaling $89,093, to bring the balance owed to the principal shareholder to $1,710 at the date of this filing.
On March 10, 2012, the Company issued 7,430,017 shares of the Company's common stock in connection with the semi-annual issuance of shares under the bridge-financing arrangements (see Note D).
Subsequent to February 29, 2012, the Company issued 2,973,208 shares of the Company's common stock in connection with the additional 2% stock dividend associated with Series B Preferred shares that were requested to be redeemed upon maturity (see Note E).
On March 31, 2012, the Company elected to continue to defer payment of dividends on its Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock, with such accrued and unpaid quarterly dividends amounting to $32,253, $90,203 and $217,143, respectively. As of March 31, 2012, the accumulated accrued and unpaid dividend amounted to $591,416, $1,795,746, and $4,299,181, respectively
As of February 29, 2012 the Company has chosen to defer payment of dividends on the Series B and Series C Preferred Stock with such accrued and unpaid dividends amounting to $1,705,543 and $4,082,038 through February 29, 2012.
For the nine months ended February 29, 2012, the Company experienced a loss after accretion of mandatorily redeemable convertible preferred stock and accrued dividends on mandatorily redeemable preferred stock of $1,084,023 as compared with a loss after accretion of mandatorily redeemable convertible preferred stock and accrued dividends on mandatorily redeemable preferred stock of $1,175,969 for the nine months ended February 28, 2011.
For the three months ended February 29, 2012, the Company experienced a loss after accretion of mandatorily redeemable convertible preferred stock and accrued dividends on mandatorily redeemable preferred stock of $434,264 as compared with a loss after accretion of mandatorily redeemable convertible preferred stock and accrued dividends on mandatorily redeemable preferred stock of $377,300 for the three months ended February 28, 2011.
As of February 29, 2012, the Company had accrued and withheld approximately $174,000 in Federal payroll taxes and approximately $18,000 in estimated penalties and interest, which are reflected in the financial statements as other liabilities. Management intends to satisfy this obligation as soon as possible.
As of February 29, 2012, the Company had accrued and withheld approximately $50,000 in West Virginia payroll withholdings and approximately $6,000 in interest and penalties, which are reflected in the accompanying financial statements as other liabilities. Management intends to satisfy this obligation as soon as possible.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8557288
Ohhh man! They just let it breath EOD then! Smart seller!?!?. Never seen a dump here like this EVER! This is gonna crush credibility imo!
Check out this article!
http://www.reuters.com/article/2012/07/16/idUS108481+16-Jul-2012+MW20120716
Look at this link here!
https://www.vonmaur.com/Results.aspx?md=s&search=ryun&rt=1
I wonder what happened? I can't find anything listed!
$RCHN the needle in the haystack just sitting here needing some awareness!
$BBDA Looking ready for the next leg up to me. Histogram is changing direction. Lets keep the momo in the right direction. RSI is ready for buying pressure and PPS is holding strong! Very good IMHO!
$UYMG OMG. Looks like the dump is over imo. Accume dist line is heading back up.
$MPIX Bear raid is good for us longs. Buying all I can down here!
Nothing to worry about you state! From the 10-Q!
Management believes that the cash balance on June 30, 2012, current level of working capital, anticipated cash that will be received from expected future sales, and the additional $4,588,516 net proceeds received through the issuance of equity securities in August 2012 will be sufficient to sustain operations for the next twelve months. See Note 17 (A), Equity Offering.
In January 2012, the Company entered into a factoring agreement whereby it sells its wholesale trade accounts receivable to a factor without recourse . Under the agreement, the factor assumes the risk of loss resulting from a customer’s financial inability to pay at maturity, in exchange for a fee of 1.25% on the first $5,000,000 in gross factored receivables. The fee for factored receivables in excess of $5,000,000 is 1.00%. The minimum aggregate factoring charge payable under the agreement is $50,000 per year.
Six Months Ended June 30, 2012
In February 2012, The Company issued 1,500,000 shares for $1,493,100 ($1.00/share), net of direct offering costs of $6,900. The Company also issued the holders one half of one common share stock purchase warrant (750,000 shares) with a maturity of 2 years and 6 months. The exercise price is $1.80 and the Company may accelerate the expiry date of the warrants if the market price of the common stock reaches $4.00 for at least 20 consecutive trading days.
So you pay them to sell your goods? right!
(B) Marketing Commitment – House of RYU
In March 2012, the Company executed an agreement with an athletic center in Las Vegas, Nevada, whereby such center, rebranded as the House of RYU, is licensed to use the Company's brand and sell its products. In exchange, the Company may use the center for various sports marketing initiatives. The term of the agreement is three years, and the Company will pay $150,000 in rebranding fees. A total of $100,000 had been paid as of June 2012 and an additional $25,000 was paid in July 2012. The rebranding fees are expensed as incurred.
(A)
Equity Offering
In April 2012, the Company completed a registration statement to list on Canadian TSX Venture Exchange (“TSXV”). In connection with the listing, in August 2012 the Company completed an initial public offering and issued 5,882,500 shares of common stock for $4,588,516 ($0.84/share), net of direct offering costs of $368,483. See Note 6, Other Current Assets, regarding the deferred offering costs associated with the offering as of June 30, 2012
I can go on!!!!!
LOL a smart investor IMO! They should be able to get em allot cheaper according to the fins. Tons of dilution listed in the fins!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8773874
Note 3 Liquidity and Management’s Plan
As reflected in the accompanying financial statements, the Company had a net loss of $4,549,181 and net cash used in operations of $3,562,480 for the six months June 30, 2012. The Company has nominal revenue and is in the development stage.
The Company does not yet have a history of financial stability. Historically, the principal source of liquidity has been the issuance of equity securities.
What do you think? My kids ran a lemonade stand!
I would ask why Sports authority didn't counter offer this small Company?
If I wanted to keep one of my employee's, I would counter offer the competition. I hear no mention of him declining a counter offer? What does that mean?
In its statement, Sports Authority thanked Campisi for his service and said it looked forward to Darrell Webb's assuming the role of president and CEO of the company.
http://www.craigdailypress.com/news/2011/aug/24/sports-authority-says-ceos-resignation-was-persona/
"temporary suspension of trading" I wonder why they halted it then resumed?
http://www.bloomberg.com/article/2012-08-13/ad134J1xz1Ek.html
HAHAHA! Have you read the recent 10-Q? Looks like it was happening to me!
I find no form 4's or 13'g's any where!!!!!! Can any one provide data that Management has bought this stock? That is not a great indicator IMO!
http://www.otcmarkets.com/stock/RYUN/filings
The Company does not yet have a history of financial stability. Historically, the principal source of liquidity has been the issuance of equity securities.
However, there can be no assurance that the plans and actions proposed by management will be successful, that the Company will generate anticipated sales, or that unforeseen circumstances will not require additional funding sources in the future.
Ouch! net loss of $4,549,181 and $1,723,108 for the six months ended June 30, 2012 and 2011, respectively.
During the six months ended June 30, 2012, our total operating expenses were $4,623,121 compared to $1,723,108 for the six months ended June 30, 2011 resulting in a
3 Months pay after leaving! Must be nice to pay for that when 10Q has posted losses! I wonder how they paid for that???
CEO Resignation and Appointment
On August 13, 2012, the Company entered into a separation agreement whereby Christopher Martens resigned as Chief Executive Officer and Director of the Company effective August 6, 2012. As part of the separation agreement the Company has agreed to pay Mr. Martens four months salary ($60,000) as severance.
Equity Offering
In April 2012, the Company completed a registration statement to list on Canadian TSX Venture Exchange (“TSXV”). In connection with the listing, in August 2012 the Company completed an initial public offering and issued 5,882,500 shares of common stock for $4,588,516 ($0.84/share), net of direct offering costs of $368,483. See Note 6, Other Current Assets, regarding the deferred offering costs associated with the offering as of June 30, 2012 .
Pursuant to the June 2012 agreement between the Company and its placement agent, the Company will pay a 5% cash commission on the gross proceeds to the agent as part of the offering. In addition, the agent will receive warrants as follows:
Date
Quantity Granted
Fair Value
Vesting Schedule
Expiration
August 2012
294,125 $ 118,264
294,125 upon issuance
2
Years
Has any one read the filings here?
director made advances on behalf of the Company for $10,865,
Note 14 Related Party Transactions
As of December 31, 2011, a director made advances on behalf of the Company for $10,865, which is included in Accounts payable - related party on the balance sheet. In January 2012, this amount was repaid.
As of June 30, 2012, officers made advances on behalf of the Company for $6,768, which is included in Accounts payable
This is also in the same 10-Q
RYUN Recently issued warrants! In the recent 10_Q. Cheapies on the way IMO!
(3)
The Company has also committed to grant an additional 300,000 warrants to this consultant for services to be rendered. The grants will be in increments of 100,000 warrants after 3 months of service, over the course of 1 year. The Company will value these warrants at each grant date. All warrants under the agreement will be fully vested upon grant. Grant dates will be July 2012, October 2012 and January 2013. See also Note 16 (B), Subsequent Events, regarding the July 2012 issuance.
Waiting for .00X here. Dilution machine? You decide!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8773874
Year Ended December 31, 2011
The Company issued 8,501,918 shares of common stock for $2,875,140 ($0.10 - $1.00/share), net of direct offering costs of $13,478.
The Company issued 5,415,151 shares for $3,249,095 ($0.60/share), net of direct offering costs in the amount of $5,000. The Company also issued the holders one stock purchase warrant with a maturity of 2 years. The exercise price is $1.80 and requires a mandatory conversion by the holder if the market price of the common stock reaches $3.60 for at least ten consecutive trading days. The warrants issued entitled the holders to purchase an additional 5,415,151 shares of the Company’s common stock.
Six Months Ended June 30, 2012
In February 2012, The Company issued 1,500,000 shares for $1,493,100 ($1.00/share), net of direct offering costs of $6,900. The Company also issued the holders one half of one common share stock purchase warrant (750,000 shares) with a maturity of 2 years and 6 months. The exercise price is $1.80 and the Company may accelerate the expiry date of the warrants if the market price of the common stock reaches $4.00 for at least 20 consecutive trading days
RYUN 2+M loss! Latest 10-Q
Respect Your Universe, Inc.
(A Development Stage Company)
Statements of Operations
Unaudited
From November 21, 2008
Three Months Ended
Six Months Ended
(Inception) to
June 30, 2012
June 30, 2011
June 30, 2012
June 30, 2011
June 30, 2012
Revenues, net
$ 107,522 $ - $ 171,648 $ - $ 176,456
Cost of goods sold
61,796 - 97,708 - 106,922
Gross profit
45,726 - 73,940 - 69,534
Operating expenses
Marketing and advertising
783,259 213,955 1,444,106 213,955 2,343,616
Marketing and advertising - related party
- - - - 63,900
Product creation
156,640 - 156,640 9,912 166,856
Product creation - related party
160,421 24,000 475,821 154,162 1,832,666
General and administrative
1,556,053 1,323,557 2,546,554 1,345,079 8,405,063
Loss on impairment of website
- - - - 31,890
Total operating expenses
2,656,373 1,561,512 4,623,121 1,723,108 12,843,991
Net loss
$ (2,610,647 )
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8773874
RYUN Cheap shares in the near future IMO!
RCHN Solid stock IMO!
I have no Idea bud! I agree this is the loading zone imo!
Ha! $MPIX is headed NORTH and very soon IMO! North as in PPS will increase imho!
It sure is! I am waiting for funds to clear and I am gonna grab more at these bargain prices!
HEHE! I have that same funny feeling! Lets enjoy the ride bud! GLTY!
Goooo $DOLV
Looking like entry time! ICPA Reversal is coming IMO! GOOOO ICPA!
Nice TA on MPIX!