v3.19.1

Acquisitions (Tables)

3 Months Ended

Mar. 31, 2019

Red Wire Group, LLC. [Member]

Schedule of Assets and Net Liabilities Acquired

The assets and net liabilities acquired (based on fair values) were as follows:

Cash		$	10
Other assets (except cash)			106,110
Goodwill			480,381
Liabilities			(136,501	)
Net consideration provided		$	450,000

Rune NYC, LLC [Member]

Schedule of Assets and Net Liabilities Acquired

The assets and net liabilities acquired (based on fair values) were as follows:

Cash		$	12,914
Other assets (except cash)			33,256
Goodwill			399,959
Liabilities			(35,006	)
Net consideration provided		$	411,123

Schedule of Unaudited Pro Forma Financial Information

The below table sets forth selected unaudited pro forma financial information for the Company for 2018 compared to 12 ReTech as if RWG and Rune was owned for the three months ended March 31, 2018 and 2018.

		Proforma
		Three months ended
		March 31,
		2019				2018
Revenues		$	301,129			$	463,059
Cost of revenues			187,898				348,616
Gross profit			113,231				114,444
Net Loss		$	(1,663,608	)		$	(983,030	)
Earnings Per Share		$	(0.00	)		$	(0.01	)

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

+ Details

Name:	us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	dei_LegalEntityAxis=RETC_RedWireGroupLLCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	dei_LegalEntityAxis=RETC_RuneNYCLLCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: