I just spoke with the Investor Relations guy for RYUN.
Currently, they are fielding hundreds of calls and emails from folks looking to finance the company, which means in my opinion, that they have no intention of dillution. In response to everyone asking if they have paid promoters, the answer is no. They have been contacted by several companies looking to do paid promotions, but have turned down each one of them, as there is no need for this type of means to promote the company.
RYUN is currently in the process of branding, production & marketing. They are working hard to get their name out in the MMA industry, as well as looking to become a sponsor of some big name fighters. The recent additions to this elite management team is helping to guide the way their success.
I asked when they expect to launch their online store and if they will be rolling out their product to larger retail stores (i.e. Sports Authority). His answer to the online store was "very soon." Of course, I pushed harder for a better timeline and was able to get him to say "within weeks." The next step will be for them to rollout the product into large format retailers, which he advised that they have big interest from. He did not mention who, but he did say that there is some solid interest from large retailers to begin carrying their product line.
Lastly, I asked about when we can expect to hear some updated news on the company and he expects the newxt news release to come out within a week.
This company was built from the ground up and is very organic. They are making all the right moves to become one heck of a successful company. He said that the spike in the pps suprised everyone at RYUN, but they are very happy to see that investors believe in their product and of course mangement.
Overall, this was a very positive call and solidifies the companies forward moving progress thus far. This is just the beginning folks - great things to come here!
