FLEX NATION

[KeepItRealistic]

Next Q expected to be very good, read on

$RETC 12 ReTech Corporation Releases Its Annual Report For The Year Ended December 31, 2018
https://www.otcmarkets.com/stock/RETC/news/12-ReTech-Corporation-Releases-Its-Annual-Report-For-The-Year-Ended-December-31-2018?id=224921

Highlights from PR above which give strong guidance and hints of what is coming.

Looking forward, the newly acquired RWG and Rune which together generated $1,466,946 in FY2018 revenues will make significant profitable contributions to our USA operations.

Angelo Ponzetta, CEO of 12 ReTech commented, “RWG and Rune have immediately jump started our consumer brand platform operations. We expect them both to grow substantially in the upcoming year. I would not be surprised to see EFG, RWG and Rune together to be operating at a $2.4 million combined run rate by the end of 2019.”

The Company has also landed Jelmoli of Switzerland as an important 12Sconti customer and expects to start generating revenues from their operations in short order.

Company management believes that the results for both FY2018 and FY2017 will be judged insignificant in the future, as going forward the Company will begin to realize the results of its business model designed for high growth.

Angelo Ponzetta commented, “Our business plan for 2019 includes the profitable expansion of our EFG, Rune and RWG operations.

New targeted acquisitions will complement what we are doing today, have a good profitable book of business and offer strategic synergy for our future plans in both consumer-brand platform and retail technology. Look out for both operational expansion and acquisition announcements in the coming months.

Management expects the cash burn to slow appreciably during 2019 as our operations grow in revenues and profitability.

Our growing and cash flow positive operations are helping us to attract more traditional financing than we have used in the past. We hope to announce some positive milestones in this area in the near future.

Angelo Ponzetta, stated, "Our May 2018 acquisition of Emotion Fashion Brands, Inc. set the stage for the RWG and Rune acquisitions during the first quarter of FY2019. Looking forward, our successful acquisitions of RWG and Rune have provided us with good momentum as they entice other organizations to join us.”

Angelo Ponzetta continued, Red Wire Group was acquired because they had a successful operation in apparel cut and sew manufacturing. We have integrated their operation with our EFG factory and are confidant that their management expertise will make the difference for us going forward. In the six weeks that have elapsed since the acquisition, we have grown their customer base and are experiencing profitable revenue growth.”
Angelo Ponzetta also commented, “More recently, Rune has been acquired and we are already experiencing the benefits of their growing apparel brand. We have added new customers and expect to beat Rune’s prior operational revenue and profitability records. Also, the contacts that Rune’s management brings us are already providing opportunities for us in the retail technology side of our business as well as in additional acquisition opportunities.”

Today, we are negotiating with several additional micro-brands to complement our existing offerings and we have some other acquisitions in the pipeline that are very exciting as they could accelerate our march to profitability and shorten the timeline to our major goal of listing on a national exchange