Respect Your Universe Inc (RYU)

[dickydan]

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