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 -

© Edgar Online, source Glimpses