12 Retech Corp (fka RETC)

[Red777]

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.

With this acquisition we are still clear for uplist without extra regulatory scrutiny. Very nice...

http://www.belmontacquisitions.com/ba-blog.html#np2

Now check out this article from 2016 on the website of acquisitions group that is arranging this. I believe this may be the big money behind our company we've been wondering about...

"EP Acquisition Vehicle Corp is a special purpose vehicle ("SPV") created by the private equity firm Cleveland and Carlyle, LLC for this acquisition strategy. This transaction was sourced and arranged by Belmont Acquisitions Corp."

Excerpt From article:

Many people believe the answer is obvious: online shopping is and has killed local brick-and-mortar retail. But has it, and is it inevitable? Do you still want someplace to go or have something to do on your time off? Are all retailers dying? Does it help to try on some clothes, maybe get your clothes fitted and make a decision as you look in the mirror? The answers are yes and you do want choices of things to do, and the right kind of retail still does that well. Bass Pro Shops do very well, for example. Why is that, and what have the other retailers missed?