12 Retech Corp (fka RETC)

[QServus]

It looks like CEO is bracing for a typhoon. Unless RETC completes the LOI we might get run to the ground.

This is just my opinion. That's it.

On August 6, 2018, the Board of Directors of 12 ReTech corporation authorized the issuance of one (1) share of our Series C Preferred Shares to the founder, Angelo Ponzetta, effective August 14, 2018. The Series C Preferred Shares has no equity value, no preference in liquidation and is not convertible into common shares, but authorizes the holder to vote one billion votes on any matter that shareholders are entitled to vote for under our Bylaws at a cost of $1.00 per share. The Board believes Company maintains a consistent vision going forward that can only be achieved if the Founder’s vision is maintained. This vision is the same vision that all current shareholders bought into as evidenced by their investment into the Company. To ensure that the founder’s vision is maintained, it is necessary that no outsider person or group can gain voting control from the founder as the Company