12 Retech Corporation (OTC Pink: RETC) is a holding company that looks to bridge the gap between online stores and brick and mortar locations. Shares of the retail holding company are climbing 17.50%, through early trading on Monday, November 6, 2017. Over the past month, 12 Retech Corporation has seen average daily volume of 424,073 shares. However, volume of 161,631 shares or dollar volume of $37,983, has already exchanged hands on the day.
Shares of 12 Retech Corporation are gaining today, after the company announced that the CEO will meet up with Tier 1, 2, and 3 broker dealer representatives in a non-deal roadshow starting on November 8, 2017. The goal is to help with awareness and assist with future acquisitions. Here is the full press release detailing of the roadshow:
12 Retech Corporation Press Release:
Carson City, NV & Hong Kong, Nov. 02, 2017 (GLOBE NEWSWIRE) — 12 ReTech Corporation (OTC: RETC), announces that its CEO Angelo Ponzetta will meet with Tier 1, Tier 2 and Tier 3 broker dealer representatives in a Non-Deal roadshow starting on November 8, 2017 in New York City.
These marketing meetings are the first time that Company Management has ever spoken to Wall Street and were arranged for the Company by Advisory Board Member, Richard J. Berman, as well as Investor Relations advisor Tom Nelson.
The meetings are designed to build awareness of our Company and familiarize Wall Street with our goals and metrics for future acquisitions so that they might introduce us to targets that would expand our pipeline.
About 12 ReTech Corporation:
12 ReTech Corporation (OTC: RETC) is a publicly listed holding company whose operating subsidiaries develop, improve, acquire and/or license technologies designed to bridge the convergence between real world “Brick and Mortar” stores with effective Online retailing, creating a new, fun and exciting way of transacting Commerce. For Retailers, our products bring more Consumers into physical and/or online stores, encouraging them to purchase more by improving their overall shopping experiences while lowering both the Retailer’s costs of customer acquisition and the costs of employee training. This is Empowered Shopping. We enhance shareholder value by acquiring Micro-Brands that can greatly increase revenue and earnings by applying and using our proprietary technologies. These Micro-Brands give us access to sell our technologies to Major Retailers around the globe. We are the Omni-Channel Solution: throughout history 12 is a “Magic number” and ReTech stands for “Retail Technology”. Our subsidiaries 12 Japan Limited and 12 Europe, A.G. operate under the guidance of our main technology subsidiary 12 Hong Kong Limited. Our Micro-Brands operate under the leadership of our U.S. based subsidiary 12 Retail Corporation. For more information about our products, technologies and/or Micro-Brands visit our website at: www.12ReTech.com
12 ReTech Corporation is publicly listed in the United States on the OTC Markets under the symbol: RETC.
Safe Harbor: This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words “estimate,” “anticipate,” “expect,” “believe,” and similar expressions are intended to be forward-looking statements.