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12,861,739,131 action is the closest float to reality
Actually, I think you mean the UNRESTRICTED SHARES are the FLOAT.
That one is not updated it looks like. The OS must be the actual float.
https://www.otcmarkets.com/stock/RETC/security
Hard to believe that OTCM has the FLOAT at this number.
Float
24,618,982
10/24/2019
24.618 million shares????
https://www.otcmarkets.com/stock/RETC/security
That can’t be right.
Then say who you are talking about.
I'm not talking about Oasis Capital
First of all, we don’t know the price Oasis Capital paid for the appx. 1.25 billion shares. If he sells the shares for a price greater than he paid for them, yes, he will make money.
The key to making any money here is for CURRENT MANAGEMENT to clearly see that the HIGHEST & BEST USE of the TICKER SYMBOL is to use it for a REVERSE MERGER with a MUCH LARGER PRIVATE COMPANY that wants to go immediately PUBLIC.
Then we all make money.
That's what I mean if price goes up he will make money with his shares!
Sharp doesn’t have anything to do with $RETC, except that he may own a few shares.
GS should make money it won't bother him at all
I think that now that Adam Long of Oasis Capital in Puerto Rico owns 9.99% of $RETC, that something big is in store. Oasis Capital has interest in other OTC Tickers including DIGITAL BRANDS, which trades at $1.81 a share. Mr. Long is versed in Acquisitions & Reverse Mergers.
https://finance.yahoo.com/quote/DBGI?p=DBGI&.tsrc=fin-srch
$RETC is at its bottom. All management needs to do is a 1:20 or 1:10 reverse split and bring us down to 600.0 million - 1.2 billion outstanding shares, and then find a suitable private FinTech company to effect a reverse merger.
The fact that $RETC is PINK CURRENT and it has a MARKET CAP of just $3.3 million dollars, makes it a perfect candidate to Reverse Merge.
The only value that I see in $RETC is it’s SEC REGISTERED PINK CURRENT TICKER SYMBOL.
Come on’ $RETC MANAGEMENT, do the right this for shareholders. Use your only asset, YOUR TICKER SYMBOL, for its “HIGHEST & BEST USE”, a REVERSE MERGER WITH A BILLION DOLLAR CRYPTO, BLOCKCHAIN or NFT concern.
What are you waiting for???
You don’t make any money on a Reverse Split. We would only make money if RETC management finds a big PRIVATE company to either merge with or reverse merge with. The bigger the private company, the more money shareholders would make.
They have to do something eventually I think, the stock can’t get much lower at .0002.
RETC IS A PERFECT CANDIDATE TO DO A MERGER/REVERSE MERGER. THEY DON’T MAKE ANY MONEY AT WHAT THEY ARE CURRENTLY DOING. IN FACT, I HAVE NO IDEA WHAT THEY EVEN DO CURRENTLY, AS MANAGEMENT NEVER SAYS ANYTHING AT ALL.
Will we make money if this happens?
2000 OTC stocks went to the Expert Market in September, 2021.
$RETC is NOT one of them. It’s PINK CURRENT!!!
Do something with it!!!
$RETC is not one of them. It’s PINK CURRENT!!
Do something with it!!!
In addition;
RETC MANAGEMENT WOULD BE WISE TO LOOK OUT FOR THE BEST INTERESTS OF SHAREHOLDERS AND DROP ITS “CURRENT FAILED BUSINESS PLAN” AND SEEK OUT A BILLION DOLLAR FINTECH REVERSE MERGER CANDIDATE.
ITS CLEARLY OBVIOUS THAT WHATEVER THEY ARE DOING NOW, ISN’T WORKING, AND THAT THEY NEED TO DO A MAJOR COURSE CORRECTION. THERE ARE PLENTY OF “PRIVATE” BLOCKCHAIN, CRYPTO & NFT COMPANIES THAT ARE DYING TO GO PUBLIC. ALL $RETC MANAGEMENT HAS TO DO IS SEEK ONE OUT AND EFFECT A REVERSE MERGER WITH IT.
“THE HIGHEST AND BEST USE” OF THE $RETC PINK CURRENT TICKER SYMBOL IS TO USE IT IN A DIFFERENT MANNER. MANAGEMENT’S JOB IS TO INCREASE SHAREHOLDER VALUE BY WHATEVER MEANS NECESSARY AND HAS A LEGAL FIDUCIARY RESPONSIBILITY TO DO SO. THEY MUST BY LAW ACT IN THE SHAREHOLDERS BEST INTEREST. SEEKING OUT A PRIVATE BILLION DOLLAR BLOCKCHAIN, CRYPTO, NFT COMPANY TO EFFECT A REVERSE MERGER COULD INCREASE THE MARKET CAP OF RETC FROM $3.3 MILLION TO OVER A BILLION OVERNIGHT. (30,000%) (300 FOLD)
IT’S TIME FOR $RETC MANAGEMENT TO LIVE UP TO ITS FIDUCIARY RESPONSIBILITY AND SEEK OUT A SIZABLE FINTECH REVERSE MERGER CANDIDATE
A simple 1:10 Reverse Split still leaves RETC with a very small market cap of just $3.3 million dollars and 1.325 billion shares outstanding.
Current OS: 13,250,857,253
After 1:10 RS: 1,325,085,725 outstanding shares
After 1:20 RS: 662,500,000 outstanding shares (appx.)
Market Cap remains the same after a reverse split.
Approximately $3.3 million market cap.
This is pretty interesting, a successful venture capital man in Puerto Rico, who is currently involved with a few other OTC companies, one which is “digital brands”.
Adam Long/Oasis Capital purchased, at an undisclosed sum, 9.99 % of 12ReTech. ($RETC) approx. 1.2 billion shares. January 22, 2022.
I read his bio and he’s somewhat versed in “Merger & Acquisitions”.
Given the lack of revenues of the company ($RETC) and no business plan, I hope Mr. Adam Long at Oasis Capital sees that the “Highest & Best Use” of 12 ReTech is it’s $2.0 million dollar “SEC Pink Ticker Symbol”. And the best use is to find a billion dollar FinTech Crypto, Blockchain or NFT company that wants to go Public immediately.
Here’s the link;
https://fintel.io/doc/sec-oasis-capital-llc-1627611-sc-13g-2022-january-11-19003-3530
Stocks go up, stocks go down, but this baby is PINK CURRENT and it can’t go much lower than .01-.02. PINK CURRENT and a mere $2.0 million market cap. Yes it could go to .00-.01, but it’s PINK. I did this once before with a stock that couldn’t go any lower, and eventually it ran 10 fold. I think this will do the same.
I’d be buying at .02, “MR. VALENTINE HAS SET THE PRICE”!!!
~~~~~~~~~~~~~~~Trading Places[/i] Randolph Duke
After the September 28, 2021 SEC deadline, it's not easy to find a good pink current OTC TICKER that's ripe for a reverse merger. $RETC is a perfect REVERSE MERGER candidate.
They don’t need to do that big of a reverse split, 1:10 or 1:20 is fine. The market cap would still be around $2.0 million and IT IS PINK CURRENT.
$RETC would then be a perfect candidate to reverse merge with some large CRYPTO, BLOCKCHAIN or NFT FinTech concern.
Even if they merged with a $200.0 million company, the stock would go up from $2.0 million MARKET CAP to a $200.0 million market cap, 100 FOLD or 10,000%.
A Billion Dollar merger candidate would make the stock go up 500 FOLD or 50,000%.
A 1 for 20 reverse split of 12.0 billion shares bring it down to 600.0 million shares outstanding and STILL JUST A $2.0 million current market cap. I love the 1:20 reverse split and then REVERSE MERGER concept.
600.0 million shares outstanding on a $2.0 million market cap PINK CURRENT TICKER is the way to go in my opinion.
600.0 million shares outstanding would be approximately the same as GO + FF after it does its 3:1 forward split. Also, you have to remember, a REVERSE SPLIT OF 1:20 DOES NOT CHANGE THE MARKET CAP. The MARKET CAP remains the same; a meager $2.0 million dollars.
RETC’s value is NOT it’s current business model, the only value this Ticker has is its SEC REGISTERED PINK CURRENT TICKER. If current management would just see that, this stock could EXPLODE EXPONENTIALLY on any REVERSE MERGER CANDIDATE NEWS!!!
Careful what you wish for, these kinds of stocks do 1:1000/2000, that would fug us BIG time...
Sounds great to me!!!
All management needs to do is drop their current business model, do a 1:10 reverse split, leaving a a $2.0 million market cap, 1.2 billion shares, and merge/reverse merge with a one billion dollar plus NFT, CRYPTO or BLOCKCHAIN company. And file a Form 10 to become a SEC REPORTER.
The result is 500 fold or 50,000% return from .0002.
The only thing valuable about $RETC is it’s PINK CURRENT TICKER. Scrap the current Business Model, whatever it is, and use the TICKER for the HIGHEST AND BEST USE, which is a merger with a huge private BLOCKCHAIN, CRYPTO or NFT company.
It’s NOT rocket science, just do it already. If you need help RETC, just let me know, I’ll help.
Seems, as usual, nodummy was spot on about this Georgie failed shell hijack
Now that would be real nice.
Have a great Hump Day!!!
GO $RETC
Retire 15 billion shares would get this rocking
This could be setup for a RM
This could be setup for a RS
According to his Twitter posts, he already did and RETC isn't responding to the court.
Which is exactly why I picked some up here. They've diluted this quite a bit since Sharp tried to get it. He's likely not interested at this point, but it's worth holding a few just in case.
So he'll still probably sue?
He recently tweeted that they failed to provide the court information, so he apparently did follow through.
12 Retech Corporatio (RETC)
0.0002 ? 0.0 (0.00%)
Volume: 12,501,146 @03/11/22 3:59:49 PM EST
Bid Ask Day's Range
0.0001 0.0003 0.0001 - 0.0003
RETC Detailed Quote
Did GS ever carry through on this?
Just wondering
TIA
Yeah. I saw a post on Twitter a few days ago that showed a supposed email from management with them indicating they have something in the works. Not a fan of the ss since they have diluted it, but at this price and with previous interest here I picked up a few milly here just for sport. =)
Maybe management will figure out they have a PINK CURRENT ticker and do something with it. One can only hope…
Someone has quietly been buying several million a day in the 0002-0003 range. Probably nothing, but I plan on adding a few more while it's quiet. Pure lotto play.
Yeah someone started to wake up and realize the potential here. They are much smarter now than those who have the ask piled at .0003.
Looks like something going on. Price went up to .0003.
Would be great news! Just have to wait............for it!
Usually means merger incoming. Time will tell.
388M restricted shares added to OS. Wonder what those are for? No change to unrestricted.
Crooks making deals with crooks... That's not going to happen, way to profitable for the crooks... lol
If ceo wanted to make a killing he should talk with toxic funders and retired 10 billion shares. Reg sho MMs would be up a shots creek.
12 Retech Corporatio (RETC)
0.0002 ? 0.0 (0.00%)
Volume: 35,416,984 @02/04/22 3:40:12 PM EST
Bid Ask Day's Range
0.0001 0.0003 0.0002 - 0.0003
RETC Detailed Quote
This prediction did not age very well.
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~ Chronological Events ~
2010: Incorporation of 12 Retail Ltd, in Hong Kong
2011: Development started by 12 Retail Ltd.
2011: Partnership with “The Digital Kitchen Ltd.” in Hong Kong for joint development.
2012: Development of USXS (Unifying Shopping eXperience System)
2013: Test in various Hong Kong shops
2013: Patent submitted in U.S.A. and China
2014: Incorporation of 12 Hong Kong LIMITED for the Asia-Pacific operation
2015: International patent submitted in Europe and Asia
2015: Test with countertop mirror (Hong Kong)
2015: Incorporation of 12JAPAN K.K.
2015: Discussion with a major Japanese department store
2016: First complete implementation at Itoya in Tokyo, Japan
2016: Entered a Partnership with TechFirm for the distribution in Japan
2017: Company became public on OTC Markets under the symbol PINK:RETC
2018: Completed 1st Significant Acquisition - EMOTION FASHION GROUP INC
2019: Completed 2nd & 3rd Significant Acquisition - RED WIRE LLC and RUNE NYC LLC
2019: Patents have been rejected by China, EU and the United States
2019: RETC completed 1 for 100 reverse split
2020: Big dilution year for RETC
~ As Of April 3, 2020
SHARE STRUCTURE 12RETECH (RETC) | |
AUTHORIZED SHARES | 8,000,000,000 |
TOTAL OUTSTANDING | 463,153,958 |
FLOAT | not updated/unknown |
~ Contact: 12ReTech - USA ~
7135 E. Camelback Rd. Ste. 230
Scottsdale, AZ 85251
+1-530-539-4329
solutions@12ReTech.com
~ INVESTOR RELATIONS ~
Mark Gilbert
Magellan FIN, LLC
Cell - +1-317-361-2392
Business - +1-317-867-2839
mgilbert@magellanfin.com
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