Carson City, NV & Hong Kong, Nov. 20, 2017 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTC: RETC), announced today that it will be featured at the 10th annual LD Micro Main Event on Wednesday, December 6 at 8:00 AM PST at the Luxe Sunset Boulevard Hotel in Los Angeles, CA.
Angelo Ponzetta, CEO of 12 Retech Corporation, will be presenting, as well as meeting with investors, media and others. We believe that this along with other factors may lead to improved market and media awareness on the Company and its stock.
The LD Micro Main Event is the largest independent conference for small/micro-cap companies and will feature 250 names presenting to an audience of over 1,000 attendees. In addition, there will be a variety of speakers/panelists discussing topics of interest to investors and issuers, along with coordinated evening events.
The Company’s presentation will be webcast at WWW.WEBCAST.COM.
Angelo Ponzetta, CEO, commented, “We are pleased to be invited to the prestigious LD Micro Main Event. They attract a professional investor audience that we believe will be very receptive to our story. 12 ReTech provides Omni-channel technology to a ‘global retail industry’, which is looking for solutions to attract more customers, win more sales and build retail brand loyalty with their customer base. Our micro-brand rollup strategy will provide the operating profits and testing grounds to show the world's retailers how to improve their own operations.”
Mr. Ponzetta continued, “On another note, our responsibly subjective analysis of the recent large volume trading activity in our stock in the week ending November 17, 2017, leads us to believe that the last if not most of the remaining shareholders of the prior regime (formerly Devago, Inc.) have sold their holdings of the Company’s stock. We therefore believe most remaining current shareholders have an interest in our current business model and believe in the future of our Company. Therefore, we hope the market and the media will react favorably after our presentation. We will continue to execute our business plan for the benefit of our shareholders.”
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 "symbolic 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.
About LD Micro:
LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. What started out as a newsletter highlighting unique companies has transformed into several influential conferences annually. In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector.
For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com/events for more information.
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.