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Just got off the phone with Mark Gilbert

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Smilin_B Member Level  Friday, 01/04/19 11:01:40 AM
Re: QServus post# 21551
Post # of 24179 
Just got off the phone with Mark Gilbert over at RETC investor relations.

I had asked him if he was aware of any internal mechanism within 12ReTech, that he was aware of, that would cause the share price to move up over the past several sessions.

His response was that note holder conversions had abated. Basically most of the notes that were issued have already been converted and distributed into them open market. So it appears as if we are not going to have an overhang of shares preventing the stock from moving higher.

So that's very positive news, confirmed by me.

Secondly, the issue of OTC markets requiring the company to be trading at one penny a share by January 15th, is accurate. I was told that there's a good likelihood that a 90-day extension will be provided to the company so there shouldn't be any concerns about being downgraded to a lower exchange.

Thirdly, I was informed that there's going to be TWO press releases issued between now and January 15th to update shareholders.

His number is +13173612392 if anyone wishes to confirm all of the above yourselves.

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