12 Retech Corp (fka RETC)

[munimi]

wow, I just went through the 10-Q and it's pretty bad...

https://ih.advfn.com/stock-market/USOTC/12-retech-corporation-RETC/stock-news/79957703/quarterly-report-10-q

Look at the revenues vs. operating expenses , It's out wack big time
Especially the "general and administrative expenses" (aka.money pocketed by insiders) , it's ridiculously high comparing to revs.
Looks like they are self enriching themselves, while letting shareholders to handle convertible debt dilution

Net Loss for the first 3 months of 2019 = - $1,702,000
They are losing $19,000 every single day, including weekends, and this is net loss.That's crazy

Reverse Split will likely be here soon , unless they come up with something dramatic to cause a run, which has pretty slim to none chances

Ur Welcome
:)