Replies to post #38754 on 12 Retech Corp (fka RETC)

[sjoseph]

There will be a new daddy in charge soon. RETC

[buccaneer1961]

are they arguing? when is court date?

[tchalla]

i don't know what makes you think their case is "futile". it's unbelievable that any of you think that. just because the company hasn't filed in a couple of years and was further sidelined by covid, doesn't make this a situation worthy of awarding custodianship of retc to sharp. that's insane. it was insane for him to think that as well. he probably assumed they couldn't afford representation. welp, obviously, they are working out a deal with their attorneys, because they got a really tough duo to deal with this. ridiculous to go after them. sharp should save himself money and withdraw. it's just stupid at this point. if he is trying to save face, it will probably cost him and current shareholders a mint in profits. i didn't understand his position from the beginning. and all the "sharp" groupies who just follow him blindly didn't even do their dd.

[tchalla]

gvsi was different, because it was abandoned. retc on the other hand, has maintained an intact management team and an investor relations person the whole time, which shows their legitimate efforts to stay afloat. just because a company isn't grounds for a judge to award custodianship to another person. that would be criminal in itself. and that would make any poorly run otc company fair game if that precedent was set. would turn the otc on its head with instability. i don't think any level-headed judge who sees a company that goes out and retains quality representation to defend itself in this case, is gonna award sharp custodianship. wouldn't make a lick of sense. but i digress, and will watch the show from here.