Regenx Tech Corp. C.RGX

RE:RE:Was it all a lie?

[lscfa]

My guess...

 

Qtr ending	Revenue	Plant expense	Plant ebitda	55% ebitda to RGX	Corp expense $US	Corp ebitda
Jun 25	3,000,000	2,300,000	700,000	385,000	(750,000)	(365,000)
Mar 25	3,000,000	2,300,000	700,000	385,000	(750,000)	(365,000)
Dec 24	3,000,000	2,300,000	700,000	385,000	(750,000)	(365,000)
Sep 24	3,000,000	2,300,000	700,000	385,000	(750,000)	(365,000)
Jun 24	1,500,000	2,300,000	(800,000)	(440,000)	(750,000)	(1,190,000)
					Total =	(2,285,000)

 

lscfa wrote:

Co. said module 1 will be cash flow postive by July 01.  This is consistent with rights proceeds as only $2.3M is needed to sustain co. when corp. expenses are $3M-$4M/yr. The profit margins that co. forecast for a 10TPD plant can not be used for 1 or 2 or 3 modules. I believe economies of scale will be achieved with more modules as labour will not need to be doubled, tripled, quadrupled to operate 2,3, or 4 modules.  

"Management of the Corporation expects more than 75% of the Rights to be exercised [$2.3 million] and therefore expects that the available funds under the Offering will satisfy the Corporation’s anticipated expenses for more than the next 12 months."