Replies to Post #38996 on12 Retech Corp (fka RETC)

Replies to #38996 on 12 Retech Corp (fka RETC)

LETSWIN2020

05/06/21 12:30 AM

#38997 RE: MrNormall #38996

Gs did mention about it with a link. He did not sound very happy about old managent raising it so high imo I belive gs will reduce it and cause a massive spike in pps .

samsamsamiam

05/06/21 6:10 AM

#39019 RE: MrNormall #38996

https://esos.nv.gov/EntitySearch/BusinessInformation
OFFICER INFORMATION
VIEW HISTORICAL DATA
Title Name Address Last Updated Status
President ANGELO PONZETTA 10785 W. TWAIN AVE, SUITE 210, LAS VEGAS, NY, 89135, USA 09/24/2018 Active
Secretary ANGELO PONZETTA 10785 W. TWAIN AVE, SUITE 210, LAS VEGAS, NY, 89135, USA 09/24/2018 Active
Treasurer DANIELE MONTEVERDE 10785 W. TWAIN AVE, SUITE 210, LAS VEGAS, NY, 89135, USA 09/24/2018 Active
Director DANIELE MONTEVERDE 10785 W. TWAIN AVE, SUITE 210, LAS VEGAS, NY, 89135, USA 09/24/2018 Active
Page 1 of 1, records 1 to 4 of 4
CURRENT SHARES
Class/Series Type Share Number Value
Common 20,000,000,000 0.00001
Preferred 50,000,000 0.00001
Page 1 of 1, records 1 to 2 of 2
Number of No Par Value Shares:
0
Total Authorized Capital:
20,050,000

———
12Retech SEC filings

They increased and became effective on August 14, 2020.
The reverse split would only effect the outstanding shares - not the A/S
Finra has no say in increasing and decreasing A/S. They just approve reverse split.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

12 Retech Corporation (the “Company”) amended its Articles of Incorporation with the State of Nevada in order to effectuate an increase in its authorized common stock from 16 million (16,000,000) to 20 billion (20,000,000,000) authorized common shares (the “Amendment”). As previously disclosed in an August 16, 2019 SCHEDULE 14C Information Statement, the shareholders of the Company approved of the Amendment by written consent on July 1, 2019. The board of directors of the Company approved the Amendment on August 12, 2020. The Amendment became effective on August 14, 2020.

These changes will become effective to broker dealers upon approval of FINRA.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

3.1 Amendment to the Articles of Incorporation

- 2 -

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 18, 2020 12 RETECH CORPORATION

/s/ Angelo Ponzetta
By: Angelo Ponzetta
Its: Chief Executive Officer

https://www.sec.gov/Archives/edgar/data/1627611/000149315220016194/form8-k.htm

https://www.sec.gov/Archives/edgar/data/1627611/000149315220016037/form8-k.htm

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

12 Retech Corporation (the “Company”) amended its Articles of Incorporation with the State of Nevada in order to effectuate a 1 for 500 reverse split of its outstanding and authorized common stock (the “Amendment”). The board of directors of the Company approved the Amendment on August 6, 2020.

Shareholders holding fractional shares will have their factional share adjusted upwards to one common share.

There is no regulatory requirement for a proxy vote on this matter because the Company is reducing both the outstanding stock and the authorized stock by the same divisor in accordance with (Nevada Revised Statutes) NRS 78.207. The Amendment became effective on or about the close of business on August 11, 2020.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

3.1 Amendment to the Articles of Incorporation

- 2 -

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 17, 2020 12 RETECH CORPORATION

/s/ Angelo Ponzetta
By: Angelo Ponzetta
Its: Chief Executive Officer

———-

And apparently the T/A was not informed. Much like the T/A was not informed for MONTHS after TSNP/HMBL raised their A/S and didn’t inform shareholders right away either. And as they were informed later it was done to accomodate all those billions of preferred shares they handed out to insiders.