v3.21.2

Nature of the Business - Schedule of Principal Subsidiaries (Details) | 3 Months Ended
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Mar. 31, 2020
12 Retail Corporation ("12 Retail") [Member] |
Name of Company | 12 Retail Corporation ("12 Retail")
Place of Incorporation | Arizona, USA
Date of Incorporation | Sep. 18, 2017
Acquisition Date | Formed by 12 ReTech Corporation
Attributable Equity Interest % | 100.00%
Business | As a holding Company to execute the Company's roll up acquisition strategy as well as to penetrate the North American market with our technology to select retailers. Separated into two division: 12 Fashion Group, Inc., and Bluwire Group, LLC.
Red Wire Group, LLC. [Member] |
Name of Company | Red Wire Group, LLC
Place of Incorporation | Utah, USA
Date of Incorporation | Jul. 02, 2015
Acquisition Date | Feb. 19, 2019
Attributable Equity Interest % | 100.00%
Business | Operations are consolidated into 12 Fashion Group, and this company is closed, and we filed a Chapter 11 Subsection V on March 6, 2020. This was discharged on or about September 2020 and. is permanently closed
Rune NYC, LLC [Member] |
Name of Company | Rune NYC, LLC
Place of Incorporation | New York, USA
Date of Incorporation | Jan. 23, 2013
Acquisition Date | Mar. 14, 2019
Attributable Equity Interest % | 92.50%
Business | Operated by 12 Fashion Group, Inc., an unincorporated division of 12 Retail. Operates contemporary women's 'Athleisure' brand which is primarily sold to retailers.
Bluwire Group, LLC [Member] |
Name of Company | Bluwire Group, LLC ("Bluwire")
Place of Incorporation | Florida, USA
Date of Incorporation | Feb. 01, 2010
Acquisition Date | Oct. 01, 2019
Attributable Equity Interest % | 60.50%
Business | A subsidiary of 12 Retail with 12 brick and mortar stores was acquired.
Social Decay, LLC dba Social Sunday [Member] |
Name of Company | Social Decay, LLC dba Social Sunday (“Social Sunday”)
Place of Incorporation | New Jersey, USA
Date of Incorporation | Sep. 24, 2014
Acquisition Date | Nov. 01, 2019
Attributable Equity Interest % | 100.00%
Business | Operated by 12 Fashion Group Inc., a division of 12 Retail. Operates a contemporary women’s clothing brand primarily sold to wholesalers.
12 Tech [Member] |
Name of Company | 12 Tech Inc
Place of Incorporation | Arizona, USA
Date of Incorporation | Dec. 26, 2019
Acquisition Date | Formed by 12 Retech
Attributable Equity Interest % | 100.00%
Business | As a holding Company to execute the Company’s technology strategy.
12 Hong Kong Limited ("12HK") [Member] |
Name of Company | 12 Hong Kong Limited (“12HK”)
Place of Incorporation | Hong Kong, China
Date of Incorporation | Feb. 02, 2014
Acquisition Date | Jun. 27, 2017
Attributable Equity Interest % | 100.00%
Business | A subsidiary of 12 Tech Inc. Development and sales of technology applications. Services customers in Asia, including Japan.
12 Japan Limited ("12JP") [Member] |
Name of Company | 12 Japan Limited (“12JP”)
Place of Incorporation | Tokyo, Japan
Date of Incorporation | Feb. 12, 2015
Acquisition Date | Jul. 31, 2017
Attributable Equity Interest % | 100.00%
Business | A subsidiary of 12 Tech Inc. Consultation and sales of technology applications. As of June 2020, our Japanese customer (s) is serviced by 12 Hong Kong.
12 Europe AG ("12EU") [Member] |
Name of Company | 12 Europe AG (“12EU”)
Place of Incorporation | Switzerland
Date of Incorporation | Aug. 22, 2013
Acquisition Date | Oct. 26, 2017
Attributable Equity Interest % | 100.00%
Business | As of September 2019, this company is closed.
12 Fashion Group Inc [Member] |
Name of Company | 12 Fashion Group Inc
Place of Incorporation | Arizona, USA
Date of Incorporation | Jun. 26, 2020
Attributable Equity Interest % | 100.00%
Business | Formed as a subsidiary of 12 Retech to hold and operate the wholesale and Retail fashion and apparel operations.

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