~ "Fear not the Dreamer in you, for it is only through your dreams, that your needs can take shape, and become reality" ~
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~~~ This is either going to Winn big or Lose big!!! ~~~
~~~ "Fingers Crossed!" ~~~
~~~ Assuming we get lucky here, . . What price do you think this might rebound too?
~~~ The story on this is so good, . . hard to understand the mismanagement here!
Hopefully, it will pop up soon!!! - Back to .02 or .03 would be just great!!! ~~~
We will know more about the terms when the 8k comes out.
~~~ "Stock for Stock" is pretty standard procedure for "Growth through Acquisition" Companies! ~~~
~~~ I agree, "Q" . . just a matter of time! ~~~
Hopefully, one or more of the three pending acquisitions will close this month!!!
~~~ Breaking News;
Carson City, NV & Hong Kong, March 13, 2018 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTC: RETC), announced today that it has acquired E-motion Apparel, Inc. in a stock for stock transaction between 12 ReTech and Hubert ("Hub") Blanchette, the owner and CEO of the company. E-motion Apparel owns several brands including E-motion Apparel, Lexi-Luu Dancewear, Punkz Gear and Skipjack. E-motion Apparel management will be retained and assist 12 ReTech with the growth of its e-commerce channels going forward.
One down, . . three to go!!!
~~~ Thanks "Q"!
~~~ I concur !
~~~ Ok "Nazar" I have confirmed that the accusations you posted yesterday about our Co. and your reference to the "SEC" were faults and without merit ! ~~~
So, here's the deal; Your opinion is always welcome here - but - you are not allowed to make up your own facts, . . especially when they are slanderous to our Co. or an individual here on the Hub! -
(This kind of thing can get you banned from the Hub! )
The Hub is very tolerant but there are limits! - Keep that in mind!
~~~ My guess is 30 days from the date of filing.
"Q" may have a more precise answer for you. In the meantime, you can check this out.
For info purposes only - OTCQB listing requirements:
https://www.otcmarkets.com/services/companies/otcqb/requirements
You are making slanderous statements about our Co, without offering any proof to back it up!
I'll be looking into this matter and if I find you have made this up - there will be consequences!
~~~ These are serious allegations and not a laughing matter! ~~~
~ Hope you are right Mr Knight!
~ You are entitled to your opinion - We will see!
~ Just out of curiosity;
Has Mgmt ever mentioned the possibility of a - "Merger or a Buy-out" - of this Co.?
Hey Lucky, thanks for posting this - pretty amazing information! - Lucky for me, I sold out of almost all my position in the 5's & 6's for another Co.
Question is; Will the Co. be able to recover from this and be viable in the future? I'm just not sure, what do you think?
~ Thanks "Cash" - you have told me quite a bit. I'll do a little more DD on this and if I come up with anything of interest, I'll share it with you. - Thanks again!
They say; "The third time is the charm!"
~~~ Is there anyone here who can fill me in on what is going on with this Co.? ~~~
~~~ Thanks "C" - Let's hope we don't have to wait much longer! ~~~
Hi "Cash," I am new here and was wondering if you can give me the Pro's & Con's of this Co.
There seems to be an active Court case and I'm hoping you can shed some light on that issue
for me. ( ? )
~~~ Thanks ~~~
~ Good point "Trade"
It is my understanding that, to date, there are over six hundred registered shareholders with "RETC".
With the recent hiring of two more PR/IR firms and the careful consideration & scrutiny that was taken in selecting the New Accounting Firm, I have to believe there is a strategy in place to deal with the market when the time is right!
All the meetings that took place with Brokerage Firms and Hedge Funds, before and after the New Year, were for a reason! Reality is, most of these firms have restrictions that govern how they can invest and RETC is just one step away from qualifying!
As I have said before, the closure of one or more of the Acquisitions & Up-listing to OTCQB will be Transformational for our Co. and will take us to new high's in PP's and a much broader investment community!
~~~ IMO - It is coming soon!!! ~~~
Exactly "Trade" - The New Accounting Firm is cleaning up the Co. profile for legal clarification!
~~~ And for OTCQB Up-listing! ~~~
~ I'm not going anywhere - Will have a front row seat!:) ~
~ Would be great timing with the closure of one or more of the Acquisitions! ~
Hi "billymack" - I'm new here,
Can you fill me in on the situation here? And the Court-case that is pending? - Thanks
~ Curious - Pre-market trading! -
Could be nothing, or could be a prelude to something good about to happen!
~ "Nazer" -
Guess you didn't notice, my post was addressing the present and forward thinking, . . not last years revenue.
Wow ! - The self indulgent patting-on-the-back, finger pointing and negative predictions of continuing, downward trends, never cease's to amaze me!
~~~ Time to put the past behind us and start looking forward! ~~~
~ "Tuesday's News Release was Huge!" ~ Truth is, along with the holidays, the search for a highly qualified accounting firm had as much or more, to do with delaying things. - The Credentials and International Expertise of the new accounting firm will give "RETC" the high profile it needs in the investment community and the professional expertise to successfully implement their International Business Plan of Growth through Acquisitions and Contractual agreements! ~
~~~ My fellow RETC'ers, as I have said before; "RETC is a real Co., with a real product that addresses the needs of a Multibillion Dollar Industry! ~~~
~~~ The closure of one or more of the Acquisitions & Up-listing to OTCQB will have a Transformational effect and place RETC on the Global Map!!! ~~~
~~~ IMHO ~~~
Just a thought for my fellow RETC's, as I get ready to go out and teach;
~~~ For me, the question of RETC's success is not a question of If - but - a question of when? - This isn't rocket-science my friends, . . . just think about it . . and do the math! ~~~
~~~ "It's A No-brainer" !!! ~~~
IMHO
Welcome "Trade" - Looks like you are already listed on the Board.
~ Good thinking "surf" - I second that motion.!
You are welcome "C" - Glad to help!
Exactly "Q"! -
And not to mention the fact that each of the acquisitions will add cash-flow / revenue to RETC !
~ I agree "Q" ,
The key that opens the door to RETC's success lies in the closure of the "Three Acquisitions" pending from last year, and "Up-listing to OTCQB." - All of which, should be coming about soon, now that we have a highly skilled accounting firm in place!
Also - I suspect there are several more acquisitions being considered by the RETC Team, for 2018 !
~ IMO ~
~ From Yesterday's News Release;
Richard Berman, 12 ReTech Advisory Board Member, stated "As an experienced audit committee member for other NASDAQ firms, I was particularly impressed with the depth of talent at RotenbergMeril, and believe that they could provide services to the Company well into the future for our own acquisitive growth plans."
~~~~ Note: Richard Berman heads up our "European Growth and Acquisitions" ! ~~~~
RETC
Hi "C", There are many factors that can influence the Ask and the Bid price. The short answer to your question is this;
When there are more sellers than buyers, markets drop. For example; Let's say you want to sell 100k shrs at .12 but only two investors, wanting 5k shrs each, are willing to pay .12 for your stock. You still have 90k shrs to sell so, over the course of the day, you may have to drop your asking price two or three times , in order to sell all your stock.
Sometimes, when there is a big block of stock offered ( like we have seen recently ) on the ask, sellers with less stock to sell, will slip in below the big block seller and offer their stock at a slightly lower price, thus creating a lower asking price. Generally, the Bid price will drop accordingly, resulting in a dropping market.
Again, there are many things that can influence the Bid and the Asking price. These are just two examples for you to think about that I think, accurately describe what we have seen in our market recently.
I hope this answers your question. Let me know.
~ Exactly "Q",
This "New Accounting Firm" is highly qualified and will establish the necessary foundation for all of 12ReTech's future Acquisitions, National & International business relationships!
This is a real eye-opener for me and logic dictates that "Transformational News" is soon to follow!
IMO
~ Why the search for a new accounting firm took a little longer than expected;
Daniele Monteverde, the Company's CFO commented, "In our search for a new PCAOB certified auditor, we were particularly impressed with RotenbergMeril’s depth of experience with clients who are in the ‘growth through acquisition’ mode. Their depth of experience and their membership in the BDO Alliance U.S.A. gives them the resources they need to deal with a Company such as ours who is currently operating in three continents.”
A hint of something we have been waiting for, in today's News Release;
Angelo Ponzetta, the Company's CEO said, "This is another step in the positive direction for our Company as we continue to execute our growth strategy. In addition, their appointment allows us to get a step closer to an OTCQB uplisting and perhaps even beyond as they are currently serving several mid-cap NASDAQ clients."
Oh - I'm sorry "sub", I forgot you were there. . . . You may go now! - lol
Yeah, I agree. He lost his sense of humanity, and in the end, it was all about himself and his twisted interpretation of the code of honor. A code that, as a Veteran, you cary with you for the rest of your life!