Mr. Marcello Leone reports
PURCHASED 156,750 SHARES AT AVERAGE PRICE OF $0.26 PER SHARE
Insiders have purchased 156,750 shares of RYU Apparel Inc. common stock in the open market since June 30, 2014. These purchases were executed during trading windows pursuant to RYU's insider trading policy and disclosed in the company's current reports on Form 3 and Form 4 filed with the SEC that can be accessed on the SEC's website.
Marcello Leone, RYU's chief executive officer, president and chairman, stated, "We believe that this insider support demonstrates our team's enthusiasm and optimism about the future outlook of RYU."
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Feb. 4, 2015, Martino Ciambrelli purchased 5,000 shares at 24 cents;
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Jan. 21, 2015, Mr. Ciambrelli purchased 5,000 shares at 22 cents;
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Jan. 14, 2015, Peter Pan purchased 50,000 shares at 20.32 cents;
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Nov. 27, 2014, Jameel Vaghela purchased 2,500 shares at 28 cents;
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Oct. 10, 2014, Mr. Vaghela purchased 4,000 shares at 28 cents;
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Sept. 23, 2014, Mr. Vaghela purchased 500 shares at 26 cents;
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Aug. 25, 2014, Maria Leone purchased 4,500 shares at 29 cents;
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Aug. 6, 2014, Ms. Leone purchased 13,000 shares at 29 cents;
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July 31, 2014, Ms. Leone purchased 7,500 shares at 29 cents;
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July 24, 2014, Mr. Pan purchased 10,000 shares at 30 cents;
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July 21, 2014, Mr. Pan purchased 14,750 shares at 28.64 cents;
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July 16, 2014, Mr. Pan purchased 20,000 shares at 32.44 cents;
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July 10, 2014, Mr. Pan purchased 10,000 shares at 19 cents;
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June 30, 2014, Mr. Pan purchased 10,000 shares at 27 cents.
We seek Safe Harbor.
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