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Press release due out tomorrow (Thursday).
Link to Tom Nelson's twitter feed. He lets you know ahead of time when there is some news coming (so far anyway)
https://twitter.com/StockAlert8
I see only 270K shares traded so far today.
HAHA, not today. I'll probably be buying today at the ask. Doing my part to get the share price up. not down.
297,000 on the ask at .117
Yes. I can see us being profitable in the near future, if not already.
Who'd have thunk, you could get rich off of a pink sheets company?
Great system these stock markets.
Lets turn this into the next lululemon with mirrors! haha
As Fred Flinstone would say Yabba dabba do!
Who knows at the end of the acquisition spree we could end up with having net revenues of $100 million! $20 million net revs is a good start!
OK, thanks. I just wondered, cause I tweeted to Tom Nelson asking if there was going to be a 2nd news release and he never replied one way or the other.
$20 million in net revenues is major!
I wonder if this Colorado Trading & Clothing Company d/b/a Active Fashion Group is profitable? Would be great if they were, then we could get rid of the going concern note in our next annual audited financial statements.
This stock is going to have a bright future, whether as a clothing group wholesaler or a distributor of 12 mirrors, kiosks, mobile apps, etc.
Where did you hear there was going to be a 2nd news release this week?
This is what we are going to acquire.
http://www.activefashion.com/
https://www.soybu.com/
https://www.coloradoclothing.com/
https://www.awusaoutlet.com/
50,000 on the bid at @ $.11. Its starting, more acquisitioins to come!
You are welcome. I was the seller. Trying to generate some activity and buy back cheaper. That didn't happen so I bought them back at .105. I'll eat the loss in hopes it will go higher this afternoon.
Thanks.
43 trades worth $36,700 for the day.
and what would that roadblock be, please.
Slow day, only 20 trades so far.
Somebody wants to dump 181,650 shares at .111
They are the one asking .122
I did my bit to support share price. Bought at .12.
no short interest according to Nasdaq
http://www.nasdaq.com/symbol/retc/short-interest
Patience. Material news could come at any time. Meanwhile necessary compliance issues are being taken care of. We are actually up nearly 50% over last 2 months.
prices over last 3 months
Sept 5 closed at .055
Aug 4 closed at .067
July 5 closed at 1.07 (just prior to pump and dump)
Press release next Tuesday Oct 10 per Tom Nelson on Twitter (@StockAlert8)
There are no reasons, other than strategic, for a company to change its year-end to coincide with the year-ends of its subsidiaries. You do it is so that you can include the subsidiaries on a consolidated basis with the same year-end.
Prior to its change in year-end, 12 Retech had a November 30th year end. It is my understanding that as a result of that Novemeber year-end, it would only be able to include the subsidiaries as of the prior December 31 (the year-end of the subsidiaries).
By adjusting its year-end to coincide with its subsidiaries, the parent company can include the subsidiaries on a concurrent basis.
That is, there are no timing differences or delays in including the results of the subsidiaries.
There is no regulatory requirement for the parent corporation to have the same year-end as its subsidiaries, thus the change in year-end was done for STRATEGIC reasons.
I believe that strategy will begin to unfold in the upcoming weeks and months. Our next clue in the transformation could come as early as this week.
It is pretty clear to me, that this is not a mere shuffling of papers and that the company has future aspirations.
Lets not forget that our CEO has plenty of monetary incentive (146 million common shares if he converts his Pfd shares) to ensure that he gets on with it and is not merely shuffling papers.
At $2 a share our CEO, if he converted his preferred shares, could receive a potential $290 million. Sounds like plenty of incentive to me to do anything but "shuffle" papers!
Exactly!
Who said todays filing was in any way related to the big news coming this week according to the IR spokesperson at StockAlert8?
Quit implying that it was.
cant tell for the earlier past ones but the currnet ones that just went thru at 10.9 were more than likely etrf. etrf is now on the bid at 10.7
Ebbs and flows - Sellers now outweigh buyers 19-15
https://ih.advfn.com/stock-market/USOTC/12-retech-corporation-RETC/trades?mode=html5
This is not the big news that was referred to. That is still coming. This latest 8K is just housekeeping and getting regulatory ducks in a row. SOP for an active company.
Compnay is certainly getting regulatory filings in order nd staying current. Supports Q's thesis that company will seek an uplisting to OTCQB.
Buy volume 135 k, sell volume 20.5 K
https://ih.advfn.com/stock-market/USOTC/12-retech-corporation-RETC/trades?mode=html5
1 in 4 chance news is tomorrow.
Q, the company should grant you a couple million shares at least for all the PR you do on their behalf. Much appreciated.
Thank you, good to know.