12 Retech Corp (fka RETC)

[QServus]

This is what I think is the explanation for AS increase

Third, the Company has made progress on the acquisition front. While the three acquisition targets announced in 2017 are still on hold, we have approached several new targets that could prove to be strategic for increasing the capacity of our manufacturing operations and to adding brands that already have proven traction in the marketplace. Every one of the candidates would like to bring their operations to the next level of success by expanding their sales channels, including their online presence. We hope to have concrete news to talk about in the first quarter, 2019.

https://www.otcmarkets.com/stock/RETC/news/12-ReTech-Corporation-Discusses-Recent-Business-Progress-and-Releases-Third-Quarter-FY2018-Financial-Results?id=210876