12 Retech Corp (fka RETC)

[Highlandmike]

MAJOR ACQUISITION I:

100% OF ACTIVE FASHION GROUP:
TERMS: Stock-for-Stock
Negotiations Are Active and Ongoing ~ 2019

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.
OCTOBER 10TH 2017 - 12RETECH (RETC) PRESS RELEASE

NET IMPACT TO FY 2019: ~$20,000,000.00 ($20 Million) Revenue

Holy mackerel... and that's just one. RETC