![]() ![]() During the 4th quarter 2019 and continuing in the first quarter 2020 (as subsequent events), amid the effects of the pandemic created by COVID-19, the Company chose to consolidate its operations around two operating entities 12 Tech, Inc., formed in Arizona on Decem(“12 Tech”) and 12 Retail Corporation, formed on September 17th, 2017 (“12 Retail”).ġ2 Retail is itself divided into two operating units Bluwire Group, LLC that operates the Company’s retail stores in airports and casinos, and 12 Fashion Group, a division of 12 Retail, that operates our fashion wholesale and direct to consumer brands including Rune NYC, Social Sunday, Red Wire Design and Emotion Fashion Group. Owning its own brick and mortar stores allows the Company to deploy its cutting-edge software in the United States, to demonstrate its effectiveness at attracting shoppers and inducing them to purchase. In October 2019, RETC acquired twelve retail stores in airport terminals and casinos solidifying it as a true Omni-Channel retailer. As a holding company RETC also acquires synergistic operating companies that manufacture and sell fashion and other products to other retailers as well as selling these products online. Due to the intense competition in the App space we are not at liberty to share more details until we launch in Beta.”Ģ Retech Corp (OTCMKTS: RETC) is a holding company with subsidiaries that develop, sell, and install software that the Company believes will REINVENT RETAIL for shoppers and retailers. We have been developing what we think is a killer mobile app that will appeal to consumers, build up brands and generate huge growth. In a recent update to shareholders RETC management stated: “Our next technology won’t require the consumer to touch anything. RETC currently has massive liquidity and some of the top traders in small caps behind it who are looking for another TSNP style run. RETC has transformed into a mega mover and among the most talked about stocks in small caps since reverse merger RM Whizz George Sharp filed for custodianship of the Company following along the path of GVSI. Mr Sharp recently gained fame on the historic TSNP rise from triple zeroes to multi dollars trading hundreds of millions in dollar volume per day. Currently under heavy accumulation RETC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.0103 and its blue skies ahead. RETC has emerged in recent days as an investors favorite and is currently among the most actively searched and talked about stocks in small caps with well over 1,500 shareholders of record. 2 Retech Corp (OTCMKTS: RETC) is heating up in recent trading with large 6- and 7-digit buys coming in and Wednesday’s volume topping $9 million in dollar volume on over a billion shares traded. ![]()
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