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Thank you for taking the time to ask. What other tidbits did you learn? Inquiring minds you know. haha
Can you ask him to have his presentation (powerpoint I presume) posted to the 12 Retech.com site? TIA
Who wants calm investors haha. We want them barging at the gates to own RETC stock.
Well at least he's always chirping about it. With other more professional IR firms you could go months without hearing a peep out of them.
Unprofessional, but I'll take it. Wouldn't get away with telling the world great news is coming on more senior exchanges.
Tom Nelson just tweeted about a minute ago that RETC has GREAT news coming! Yippee!
Here is some basic info about the 12 Sconti clients in Switzerland. At least companies are for real.
https://za.kompass.com/c/remo-wust-backerei-konditorei-ag/ch793090/#activities
https://za.kompass.com/c/fresh-switzerland-ag/ch263438/#activities
Happy Thanksgiving to all!
you are confusing company value with stock price. If the deal goes through, RETC will have a certain value or market cap.
Say for arguments sake, that Active Fashion Group has a value of $5 million. It was announced the proposed deal will be a share fro share exchange. From our point of view, it would benefit us if our shares were valued at .25 cents rather than 10 cents because we had have to issue less shares for the purchase.
Hope that addresses what you need.
Question is how much stock will they have to issue to acquire Active Fashion Group? A whole boatload at these prices.
Thank you Q I wasn't aware of this corp presentation.
here are some price to sales ratios for Lululemon, industry and S&P 500.
http://financials.morningstar.com/valuation/price-ratio.html?t=LULU
I see LULU has a current P/S ratio of 3.7.
Question will be does RETC increase in value outweigh the dilution effect of issuing shares to acquire Active Fashion Group?
It will be interesting to see what value is placed on Active Fashion Group and its $20 million of current sales. What price to sales multiple should we put on $20 million of Active Fashion Group sales?
How many shares will be issued to close the deal and at what price? Thoughts? They might use an average of 20 days of closing prices as the issue price of the shares. I am thinking there might be a flurry of news in the month prior to closing Active Fashion Group takeover in order to increase the price per share and minimize dilutive effects.
Does anyone think they should go into Mainland China at this time. How about India as well?
Thanks.
Any reasons why the investor relations and news portions of the 12 ReTech.com website are empty?
Full disclosure, I am out for now. Bought some options. I plan on
coming back. I only had 30,000 shares and sold them at 14.5 for a small profit. There were a total of 77 trades today.
Company has $1 million of bridge financing available and has made arrangements for up to $12 million of equity finance. I would imagine Angelo is planning on having the share price increase before he avails himself of any equity financing.
With respect to Action Fashion Group, They had EBITDA of $.8 million for 6 months ended June 30. I wonder how much debt, if any, they had and how much interest they pay on that debt. Just curious. Operationally, looks like they had positive cash flow to me.
Good luck to all!
Yabba dabba do, we're going to succeed, how about you! haha
haha if it was a delayed reaction, I hope it reacts some more!
... Almost like a Nasdaq corp.... Yes indeed!
RETC is becoming the only profitable fully intergrated...
$.8 million for 6 month adjusted proforma EBITDA for our acquisition target, Active Fashion Group.
$4.2 million 6 month Gross Profit for our acquisition target corp, Active Fashion Group.
$10.8 million revenue for 6 month adjusted proforma of Active Fashion Group. our acquisition target
The filing of the 8K dees not mean that the company is not planning an uplisting. We will find out soon enough.
To me, the 8K released material financial info regarding the acquisition of Active Fashion Group.
From post 4915
new tweet big news tomorrow from Tom Nelson.
Good to know, thanks.
Guess we'll find out tomorrow morning whether this 8k filing was the huge news Tom was referring to.
Yup. I like the parts where 6 mth financial info is way more than 1/2 of 2016 full year info for Active Fashion Group. Yippee!
1st Acquisition Target of Active Fashion Group near completion
Adj Proforma EBITDA 6 mths $.8 million vs 2016 $1.1 million.
Proforma gross profit 6 mths $4.2 m vs 2016+ $7.1 m
Adjusted Proforma Rev 6 mths $10.8 m vs 2016 $19.2 m
261 trades for the day.
100,000 on the bid at .185
This is type of news you file before uplisting also!
only about 25,000 shares on the ask side between here and $.33 on level 2
Tom Nelson just tweeted HUGE news tomorrow for RETC