with change in year end from Nov 30 to Dec 31, does that change current 3rd q to end on Sept 30 rather than the previous Aug 31?

Great chart explanation! Thanks. A picture is worth a thousand words.

$0.07 295,500 OTO 09/14
0.07 104,500 OTO 09/14

You should email your post 1649 with links to either Angelo Ponzetta or the hired PR guy. Try to get them to issue a press release featuring the links.

https://store.ito-ya.co.jp/login.html

http://store.ito-ya.co.jp/tokushu/KEISU_HAMAMONYO.html

see sticky post 1649 by the Rainmaker

More mention on use of our Merci Card by Ito-Ya in Japan

https://store.ito-ya.co.jp/login.html

Merci Card mentioned on Ito-Ya web site

http://store.ito-ya.co.jp/tokushu/KEISU_HAMAMONYO.html

done.

That's what we're oounting on.







































t

Assuming Mr. Ponzetta eventually converts his Series A Pfd shares that would give hi 145,000,000 of the 175,692,024 common shares, what type of contracts and revenue would it take to justify a market cap of $175 million or approximately $1 per share?

Great. Thanks. Low float then for quite a while.

So correct me if I am wrong, CEO of 12 Retech has 45 million common shares and 5 million Series A Pfd shares of RETC.The Series A Pfd carry a 20-1 conversion rate. That gives him a possible 145 million shares. Are all of those Ponzetta shares, common & PFD locked up for a year?

https://www.sec.gov/fast-answers/answersrule144htm.html

Thanks for that nugget of info.

Interesting observations.

I was also pleasantly surprised to not see any insider selling during the Market Insider Report run-up.

Well while they dilly dally, I will try and get as many cheap shares as I can.

Yup, I know. So why take over a month to announce the closure. Lets get on with it. Gotta keep the momo and the news flow coming.

They have yet to announce the closing of the acquisition of 12 Japan. Lets get that over with first.

Itoya is/was a customer of 12Japan. Just shows that Itoya has some kind of presence in North America as well.

ITOYA USA

http://www.itoya.com/

ITOYA CANADA

http://www.itoya.ca/

Thanks for posting the links.

I say its Satomi of Japan, for the high end luxury woman's apparel. But Ill take Nordstrom haha

I stated my concerns. Then made a risk - reward decision and voted with my pocket book.

I feel the CEO evaded the question about the "final rejection" of July 17. He did however say that patent lawyer is working on it.

I feel reward of upcoming "transformational" news outweighs the risks, so I bought back in this morning. In for 17,500. I will be looking to add as paydays come and go. haha

We did not get any approval so far, but we got first response from the filing in USA for corrections, that our Patent attorney is working on"

To me this refers to the Feb 7, 2017 mail non-final rejection letter which the company responded to on May 8, 2017.

He seems unaware of or unwilling to talk about the so called "final rejection PTOL - 326 form dated July 17, 2017 other than to say that patent lawyer is working on it."

Either way, as others have pointed out - you don't need a patent to carry on business.

Thanks.

Perhaps all is not lost haha

They were given a Form PTOL - 326 with the final rejection letter which means that near as I can tell they have so many days as stated in the Form PTOL to respond to this "final rejection letter"

http://www.bpmlegal.com/howtooa2.html

Looks like they were given a chance to fix the application on Feb 7, 2017 when they were given a non-final rejection.

see Transaction History tab

application number is 14101486.

https://portal.uspto.gov/pair/PublicPair

Don't know if lack of a patent would stop them from doing business in the US or anywhere else for that matter.

Thoughts?

I am out for now. May take a smaller position tomorrow. Paid some bills today. Payday tomorrow! Good luck to all longs.

Good info turned up today.

We have gone from

1 someone questioning the validity of the patent application numbers for China, European Union and USA, to

2 confirming the existence of the patent application numbers listed by the company in its 8k filings (via google searches), to

3 confirming the existence of the US patent application from the USPTO site, to

4 finding out US patent office had issued a final rejection notice to the applicant on July 13, 2017

All this from DD done from this board without bothering IR.

I consider the US final rejection letter material and feel it should have been PRd by company.

Tom Nelson of 10associatesllc has not replied to my email yet.

US patent office shows US patent application number 14/101,486 final rejection mailed 07-13-2017. My initial reaction is this is not good. Sold my shares and trying to enter at a lower price point.

Found it. Thanks.

https://portal.uspto.gov/pair/PublicPair

Can u post link to your search results as I cant get it to work by putting in the publication number. Thanks.

US, China & EU patent applications verified - decision on US patent application unverified.

Can you provide link please. Thanks in advance.

Excellent find. That validates the US patent # given in the 8K for the US. Also lends credibility to the other 2 patent numbers given for China and European Union.

Well, where doed one look? haha

Here's a copy of an email I sent to Tom Nelson of TEN associates yesterday afternoon.

Hello Mr. Nelson,

It has been a while since RETC announced it’s proposed acquisition of 12 Japan. I was wondering if there has been any news or when we can expect any news on when this proposed deal will close?

Also can wee expect further news shortly on the previously mentioned pilot projects in Asia, Europe and North America?

Also, am I correct in thinking that the company might be seeking an uplist to the OTCQB?

Regards,

R Wilton

Well that's a fine kettle of fish we are in - nobody can seem to find more information on the patent information provided by the company. Definitely a job for Tenassociates33@gmail.com to clear up. phone 1-480-326-8577.