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Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTD

Regenx Tech Corp. is a Canada-based company, which is engaged in development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. It has two operating segments, exploration, and development of mineral properties in Spain and mineral extraction through use of its equipment in North America. It is focused on the extraction of platinum and palladium from diesel catalytic converters. It provides an alternative from environmentally harsh smelters to modern technology to recover the precious metals. Its industries using catalytic converters include generators, industrial, automotive, light trucks, commercial vehicles, and heavy equipment. The Company’s subsidiaries include SME Resources Ltd., Mineworx Technologies Inc., Regenx USA Inc., and MWX Espana, S.A.U.


CSE:RGX - Post by User

Comment by djstone56on Mar 16, 2023 9:39pm
155 Views
Post# 35344076

RE:Took some

RE:Took some AT, I have no issue with anyone selling this or any other shares they own.  People sell for a variety of reasons and they know best what their needs are.  Selling now however, this close to mod 1 being completed and generating revenue and hopefully, the closing of the IB listing and distribution of free shares, is a little surprising.  Six weeks ago, you could have received 0.11/share on the sale.  Today, you got 0.085 or 0.09, which adjusted for the loss of IB shares, (0.02/sh based on a 1 for 20 ratio and a presumed 0.40 opening price), netted you 0.065 or 0.07/share.  As I say, that's absolutely your right and you'll  never grow broke taking a small profit.  Time will tell whether or not you made the right call.  In terms of the next financing, Greg previously stated that it would be through a more conventional means.  Debt financing should be possible once we have a revenue stream.  Good luck in all your investments.  dj
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