12 Retech Corp (fka RETC)

[la_trader]

Ruh-Roh Retech, lookin' solid....

Revenue Status and Plans:

With the recent two acquisitions (Red Wire Group in February 2019 and Rune NYC in March 2019) we have finally obtained some significant ongoing cash flow. During the month of March, we were able to successfully integrate our Red Wire factory and our existing Emotion Fashion factory into a seamless operation under the experienced Red Wire management team. They have ruthlessly reduced costs and streamlined operations. Meanwhile, Rune NYC has already streamlined operations, reduced back office staff and facilities expenses and integrated the majority of their production into the Red Wire factory. The results are that in one single month and for the first time ever, our USA subsidiaries no longer need extra cash from their parent, 12Retech Corporation to sustain their operations!

$RETC