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12 Retech Corporation (RETC)

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12 Retech Corporation

PINK:RETC



 

12RETECH COMPANY WEBSITE
OTCMARKETS RETC



12 combines digital with real-life for a unique shopping experience.

12 brings next-gen shopping technology to retail stores. Our app gives consumers the ability to interact with products, retail stores, and social media on their mobile devices. 12 works with all retail stores and makes shopping easy and fun.


~ While shopping at your favorite retailer, 12 lets you: ~

 

Scan products with your mobile device to view merchandise in more detail.

Buy, hold, or have products shipped to you without waiting in line.

Share your purchase experience with your friends via social media.

Get special product offers with the in-store 12 advertising screen and virtual kiosk.
 

12 also gathers valuable customer and product information for retailers which helps retailers increase sales, strengthen customer loyalty, and offer additional products to their customers. 12 even provides a tax-free program in certain countries to make shopping easier for tourists and reduce tax-free processing and administration costs for retailers.

12 seamlessly makes the shopping experience more fun for all types of retail stores while increasing sales and exposure by integrating the application with the
stores existing inventory and shopping cart platforms.







~ COMPANY OPERATES UNDER 4 SUBSIDIARIES ~



Our subsidiaries 12 Japan Limited and 12 Europe, A.G. operate under the guidance of our main technology subsidiary 12 Hong Kong Limited. Our Micro-Brands operate under the leadership of our U.S. based subsidiary 12 Retail Corporation.





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~ 3 Pending Major Acquistions ~ 


MAJOR ACQUISITION I:

100% OF ACTIVE FASHION GROUP:
TERMS: Stock-for-Stock
Negotiations Are Active and Ongoing ~ 2019 


For the year ended December 31, 2016, Active Fashion Group posted net revenues of $19.3 million and a proforma adjusted EBITDA after recapture of owner perks of $1.1 million.

Most of the due diligence contingencies have been satisfied and 12 Retech Corporation estimates that the acquisition should be completed before year end. Active Fashion Group already has audited financials, which were completed to PCAOB auditing standards.
OCTOBER 10TH  2017 - 12RETECH (RETC) PRESS RELEASE

NET IMPACT TO FY 2019: ~$20,000,000.00 ($20 Million) Revenue

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MAJOR ACQUISITION II:

51% Interest in J. Peterman Company
TERMS: Issuance of 1 Million Common Shares, Investment of < or = $3 Million for Growth of the the Company
Negotiations Are Active and Ongoing ~ 2019


On December 01, 2017, the Company entered into a Letter of Intent (“LOI”) to acquire 51% controlling interest in the J. Peterman Company, LLC, in exchange for 1 million of its common shares to be issued by the Company at closing. After closing, the Company is obligated to invest up to $3.0 million dollars into the J. Peterman Company for growth. The completion of the transaction is contingent on among other things; the resolution of J. Peterman’s existing 1.0 million convertible note, completion of due diligence acceptable to the Company in its sole discretion and preparation and execution of the definitive agreements. All existing members of the J. Peterman management team will remain post acquisition. J. Peterman represented to the Company that in 2017 it produced revenue in excess of 20 million dollars. The Company may issue a press release in the future relative to this LOI if/when certain contingencies are met. 
DECEMBER 4TH 2017 - 12RETECH (RETC) PRESS RELEASE

NET IMPACT TO FY 2019: ~$20,000,000.00 ($20 Million) Revenue

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MAJOR ACQUISITION III:

100% OF KRAZY LARRY INC:
TERMS: Stock-for-Stock, Investment of < or = $500,000 for Growth of the the Company
Negotiations Are Active and Ongoing ~ 2019

On December 12, 2017, the Company entered into a Letter of Intent (“LOI”) to Acquire 100% of the equity interests in Krazy Larry Inc. in exchange for 4.75 million of the Company’s SEC Rule 144 restricted common shares to be issued by the Company at closing. After closing The Company is obligated to invest up to $500 thousand dollars into the Krazy Larry Inc. for growth purposes. There are no other contingencies except for the normal caveats about completion of due diligence acceptable to the Company in its sole discretion, preparation and execution of the definitive agreements and the ability of Krazy Larry Inc. to pass a PCAOB audit. All existing members of the Krazy Larry Inc. management team will remain post acquisition. Krazy Larry Inc. has represented to the Company that in 2017 they reached $7.4 million in sales with approximately $1.6 million in EBITDA.  

On January 4, 2018, the Company has completed its due diligence and is moving forward with definitive documents.
JANUARY 8TH 2018 - 12RETECH (RETC) PRESS RELEASE

NET IMPACT TO FY 2019: ~$7,400,000.00 ($7.4 Million) Revenue

 

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~ As Of March 18, 2019 ~

SHARE STRUCTURE
12RETECH (RETC)
AUTHORIZED SHARES 8,000,000,000
OUTSTANDING SHARES
TOTAL OUTSTANDING 798,771,683
COMMON SHARES* -----------------------------------
PREFERRED SHARES* 5,000,000
FLOAT 715,603,825
RESTRICTED 83,167,858
 



PLEASE NOTE:

CEO also owns 4.5 Million Series A Preferreds (1:20 to Commons) 
CFO also owns 0.5 Million Series A Preferreds (1:20 to Commons) 

 

https://www.12japan.jp/  - TOKYO, JAPAN

https://www.12sconti.com/   -  12 RETECH MOBILE APP

http://www.12hongkong.com - HONG KONG

https://www.12retech.com
- GLOBAL WEBSITE



12RETECH

~ Chronological Events ~

2009: The first idea
2010: Incorporation of 12 Holding AG in Zurich, Switzerland and 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


Image result for retech corporation

http://12retech.com/



SOURCE: 12 Retech Corporation

12 Retech Corporation

~ 12 Retech Corporation Announces It Will Be Acquiring Active Fashion Group Which Will Contribute At Least $20 Million USD In Annual Revenues To The Company. ~

October 10, 2017 08:30 ET | Source: 12 Retech Corporation

Carson City, NV & Hong Kong, Oct. 10, 2017 (GLOBE NEWSWIRE) -- 12 Retech Corporation (OTC: RETC) announced that it has entered into a Letter of Intent with EP Acquisition Vehicle Corp. to acquire 100% of the stock of Colorado Trading & Clothing Company d/b/a Active Fashion Group located in Denver, Colorado in a stock for stock transaction.

The Active Fashion Group was founded in 1998 and is the designer and manufacturer of lifestyle apparel brands for active men and women under a number of proprietary brands which are Soybu, Colorado Clothing, and Tranquility brands to name a few. The Company primarily sells through major retailers including membership-only warehouse club stores, nationally recognized retail chains, major digital retailers and others. To a lesser extent, the Company also sells through their proprietary e-commerce channels, www.soybu.com, www.coloradoclothing.com, www.activewearusaoutlet.com.

Angelo Ponzetta, 12 Retech's CEO stated, "This is a perfect acquisition and the first step in the implementation of our strategies to enhance shareholder value through revenue and earnings growth. We plan to leverage Active Fashion Group's long-term relationships with major retailers to speed up the acceptance of our cutting-edge retail technology products like the 12 Mirror, 12 Mobile App and 12 Kiosk, that will benefit retailers by making 'shopping an experience again'".

Jeff Schmitt, Active Fashion Group's CEO and Founder, said, "Angelo Ponzetta and his team are a perfect fit for us. 12 Retech will give us access to the capital and expertise we need to expand and Angelo will allow us to operate Active Fashion Group as we already know how to. All of our key employees will remain and are looking forward to the synergistic relationship between 12 Retech and ourselves. I believe in what Angelo is creating with 12 Retech and that's why I agreed to take 12 Retech stock for my stock in Active Fashion Group."

Carolyn Hadden, AFG's Chief of Staff added, "We are excited to become part of 12 Retech Corporation. 12 Retech's talented team complements our experienced staff, bringing new resources and technology that will help us expand our online sales channels and our existing retail relationships such as the Hudson Group and our co-branded Soybu boutiques among many others. By offering 12 Retech’s products and technologies, we will be able to provide new and unique shopper experiences."

Angelo Ponzetta also commented, "It is exciting to know that Active Fashion Group will be the first of several planned acquisitions that we plan to operate under our newly formed 12 Retail Corporation. Because there is a great opportunity for us to expand their brands, we are currently interviewing professionals in the digital marketing industry to manage our efforts as we move forward."

~ Select Financial Information ~
For the year ended December 31, 2016, Active Fashion Group posted net revenues of $19.3 million and a proforma adjusted EBITDA after recapture of owner perks of $1.1 million.

Most of the due diligence contingencies have been satisfied and 12 Retech Corporation estimates that the acquisition should be completed before year end. Active Fashion Group already has audited financials, which were completed to PCAOB auditing standards.

 

SOURCE: 12 Retech Corporation

12 Retech Corporation

November 29, 2017 08:30 ET

~ 12 ReTech Corporation Launches its Retail Omni-Channel Technology Solution in a Pilot Project with Switzerland's Largest Department Store Chain Manor A.G. ~

 

12 Europe A.G. Recruits Manor A.G. and Demonstrates the Potential that Europe Represents for 12 ReTech’s Omni-Channel Retail Technology

Carson City, NV & Hong Kong, Nov. 29, 2017 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTC: RETC) announced that its wholly owned subsidiary 12 Europe A.G. has signed the giant Swiss department store retailer Manor, A.G. as a pilot customer for the Company's proprietary and licensed Omni-Channel 12 Technology Suite.

The agreement with Manor A.G. begins with a pilot project to install the 12 Technology Suite at one of its flagship department stores in German-speaking Switzerland. When the Company's products demonstrate a sales lift as well as expense and cost improvements to Manor A.G., the Company will look to install the 12 Technology Suite throughout their stores.

Manor A.G. is the largest department store chain in Switzerland. They have over 60 locations and employ more than 10,000 personnel.  It is estimated that they hold a larger than 60% market share for department store retail sales in Switzerland.

Angelo Ponzetta, 12 ReTech's CEO, commented, “Manor is interested in deploying several pieces of our 12 Technology Suite. First is the 12 Display that would be used inside of the Manor property to advertise products and offers that Manor wants to put in front of their customers. Second is the 12 Window, which would be used to entice shoppers into the Manor department stores. Third is the 12 Mirror with the associated 12 Mobile-App, which shoppers would use to get information about products that they are interested in and share their experience with their social media networks.”

Stefan Guggisberg, 12 Europe A.G.'s CEO, stated, "Generating incremental in-store traffic and winning additional sales is of paramount importance to all retailers around the globe, and Manor A.G. is no exception. We are proud of the fact they have recognized that 12 ReTech has the technology and expertise to assist them to reach these important goals.”

Mr. Ponzetta added, “The financial details of the arrangement regarding the adoption of the 12 Technology Suite by Manor A.G. has not been disclosed for competitive reasons, although I can disclose that we are being paid for our equipment, licensing and integration efforts. We look forward to our future relationship with Manor A.G. and will work towards our expansion into additional stores.”

~ About Manor A.G. ~

Manor enlivens the cities of Switzerland - in Basel on the Greifengasse, in Zurich on the Bahnhofstrasse, in Geneva on the Rue Cornavin, in Baden on the Schlossbergplatz and in Locarno on the Piazza Grande. As the largest and most successful department store group in Switzerland, they welcome customers and employees to the most attractive locations in the country. Headquartered in Basel, Manor AG is the Swiss market leader in department stores with a market share of around 60 percent. The company, which is represented in all parts of the country, employs around 10,200 people and currently trains 420 apprentices. The Manor Group includes 63 department stores, 32 Manor Food Markets, and 45 restaurants. Manor AG's sales are distributed across the non-food (69%), food (27%) and restaurant (4%) segments. In total, Manor stocks over one million items from around 6,000 suppliers worldwide. Of these, around 690 are local producers who deliver seasonal and local produce to the Manor Food markets.

 
 

SOURCE: 12 Retech Corporation

12 Retech Corporation

December 6, 2017 08:09 ET

~ 12 ReTech Corporation Will Be Installing Its 12 Technology Suite At The Soybu Boutique At Dallas Love Field Airport In Connection With The Hudson Group. ~

 

Carson City, NV & Hong Kong, Dec. 06, 2017 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTCQB: RETC), announced today that it has reached agreement with the Hudson Group, a subsidiary of Switzerland based Dufry, A.G. to begin installing their 12 Technology Suite at the Soybu Boutique located in Dallas's Love Field airport and at a second unidentified store that is also operated by the Hudson Group.

Soybu is a registered trademark and brand of Active Fashion Group which is being acquired by 12 ReTech Corporation's subsidiary 12 Retail Corporation. The Hudson Group operates retail stores in many airports around the world including Tumi, Victoria’s Secret, Fred Segal and two Soybu Boutiques. 12 ReTech Corporation and Hudson have agreed to install the 12 Technology Suite in the Soybu Boutique and one additional Hudson operated store located at Dallas's Love Field airport, to test how to build co-ordination between brands using 12's technologies. The financial details of this arrangement have not been disclosed.

Angelo Ponzetta, 12 ReTech's CEO stated, "Many people don't realize that Hudson and Dufry together operate over 2,200 stores in 64 countries around the world and are connected with many world-renowned consumer brands. By demonstrating what our Omni-Channel retail technology solution can achieve for retailers, we can make inroads into many Hudson associated consumer brands throughout the world."

Donna Murray, Senior Specialty Buyer for the Hudson Group said, "We have been looking for some new technology solutions to give our stores additional lift and 12 ReTech's Technology Suite is a very exciting solution. Thanks to our existing relationship with the Active Fashion Group this was really a no-brainer for us."

Angelo Ponzetta concluded, "Active Fashion Group's relationship with Hudson and others is one of the reasons that we are so excited about our micro-brand acquisition strategy. It gives us a strong foothold into established retailers whereby both the retailer and our shareholders can benefit."

~ About Hudson Group ~

Hudson Group, the largest travel retailer in North America, is a wholly-owned subsidiary of international travel retailer Dufry AG (DUFN) of Basel, Switzerland. Hudson Group operates over 950 Hudson, Hudson News, Hudson Booksellers, cafes, specialty retail and duty-free shops in 83 airports and transportation terminals in the United States and Canada, and operates in 24 of the top 25 airports nationally. Dufry operates over 2,200 stores in more than 60 countries and 370 locations, including airports and transportation terminals around the world.


GLOBAL SMALL CAPS RESEARCH REPORT

~

~ 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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RETC News: Current Report Filing (8-k) 03/21/2019 09:01:34 AM
RETC News: Current Report Filing (8-k) 03/20/2019 05:29:53 PM
RETC News: Current Report Filing (8-k) 02/25/2019 04:44:05 PM
RETC News: Current Report Filing (8-k) 02/21/2019 06:09:17 AM
RETC News: Amended Statement of Ownership (sc 13g/a) 02/13/2019 06:18:07 AM
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PostSubject
#29825  Sticky Note Just too many reasons RETC will be going QServus 03/25/19 05:11:15 PM
#29785  Sticky Note Just too many reason's RETC is going down: surf1944 03/25/19 01:48:22 PM
#29281  Sticky Note RETC Rune completion of acquisition 8-K out today. pb_trading 03/21/19 09:20:37 AM
#28628  Sticky Note RETC News 3/18/2019....12 ReTech Completes 3rd Fashion Brand PIGEON RIVER PROSPECTIN,TN 03/18/19 09:08:12 AM
#27762  Sticky Note You Are Exactly Right - 'Tessy'! Lakota-45 03/03/19 05:26:12 PM
#29851   63M shares today and no 0005s, that mess124 03/26/19 12:06:58 AM
#29850   Glad you brought that up - It's a Lakota-45 03/25/19 11:59:35 PM
#29849   .0001 soon enough the way this is being SlamDunk89 03/25/19 10:55:26 PM
#29848   Lol 2017 10K for retc was clean, but a QServus 03/25/19 10:12:20 PM
#29847   I hope so but highly doubt cause CEO freebies 03/25/19 10:09:25 PM
#29846   Lotta posts again today. Far as I can 12yearplan 03/25/19 08:21:35 PM
#29845   I agree - sure looks that way! - Lakota-45 03/25/19 08:06:22 PM
#29844   it was- that's the power of buying in la_trader 03/25/19 08:00:15 PM
#29843   Looked like it was discounted too! - Lakota-45 03/25/19 07:55:55 PM
#29842   Do you know how much a 10K costs QServus 03/25/19 07:34:33 PM
#29841   This is correct. Technically the 10K can come QServus 03/25/19 07:31:39 PM
#29840   Theyre not cheap until theyre proven cheap Cmon ponzeta modrica 03/25/19 07:27:17 PM
#29838   booked as buys, had to be someone with la_trader 03/25/19 07:24:33 PM
#29837   You mean when the market sees this is QServus 03/25/19 07:23:17 PM
#29836   What are you going to say when the the submariner 03/25/19 07:22:34 PM
#29835   It’s average price - so overhang T trade QServus 03/25/19 07:22:17 PM
#29834   Remember when you thought 7's was a fake the submariner 03/25/19 07:14:53 PM
#29833   Interesting buy at the end of the day! Lakota-45 03/25/19 07:14:34 PM
#29832   Alright, sounds plausible. I am looking forward QServus 03/25/19 06:55:11 PM
#29831   No pm. Hummingbird2 03/25/19 06:51:18 PM
#29830   Hearing 10k will be filed on time. Anyone Hummingbird2 03/25/19 06:45:35 PM
#29829   All legut reasons but not retc is going modrica 03/25/19 05:54:13 PM
#29828   I am going to pay extra scrutiny to QServus 03/25/19 05:31:47 PM
#29827   I’m going to cross reference your list after QServus 03/25/19 05:30:31 PM
#29826   That list, it should be at .0007 surf1944 03/25/19 05:23:26 PM
#29825   Just too many reasons RETC will be going QServus 03/25/19 05:11:15 PM
#29824   It could be overhang. Look at who ALPS QServus 03/25/19 04:54:21 PM
#29823   reason lists are busywork for morantzs. la_trader 03/25/19 04:54:20 PM
#29822   keep in mind- those were massive non-retail block la_trader 03/25/19 04:51:59 PM
#29821   I could say this text is black- and la_trader 03/25/19 04:48:46 PM
#29820   Just too many reason's RETC is going down: surf1944 03/25/19 04:48:41 PM
#29819   Yes! I didn’t want to say anything but stock777777 03/25/19 04:43:55 PM
#29818   LMFAO...that was a 17m BUY. https://ih.advfn.com/stock-market/USOTC/12-retech-corporation-RET la_trader 03/25/19 04:41:39 PM
#29817   (16) got new patent lawyers By logic ;-) QServus 03/25/19 04:40:26 PM
#29816   With this Volume I don’t think they have stock777777 03/25/19 04:39:33 PM
#29815   I need to add changed (14)accounting firm & surf1944 03/25/19 04:24:54 PM
#29814   Very close to being done. They’re cleaning up CD QServus 03/25/19 04:15:05 PM
#29813   wth! 17 million dump in one shot after hours? PNHope 03/25/19 04:12:14 PM
#29812   Sounds good. We all know it will be PIGEON RIVER PROSPECTIN,TN 03/25/19 03:53:36 PM
#29811   They have a new accounting firm. QServus 03/25/19 03:52:05 PM
#29810   A lot of the volume is bid flippers QServus 03/25/19 03:51:31 PM
#29809   Q Last year went like this. Doesn't mean PIGEON RIVER PROSPECTIN,TN 03/25/19 03:51:21 PM
#29808   In my calculations around 100 mill shares at stock777777 03/25/19 03:46:54 PM
#29807   By Friday unless they put out an extension QServus 03/25/19 03:36:23 PM
#29806   When is 10K due ty itztooez 03/25/19 03:36:04 PM
#29805   Most definitely. If that 10K is really positive QServus 03/25/19 03:20:02 PM
#29804   looking to be a larger play than expected. la_trader 03/25/19 03:19:12 PM
#29803   Nobody should panic. This would only be a QServus 03/25/19 03:17:48 PM
#29802   $RETC ;-) la_trader 03/25/19 03:17:43 PM
#29801   It goes down until it’s not! RETC stock777777 03/25/19 03:16:32 PM
PostSubject