Regenx Tech Corp. C.RGX

Once again…………more questions than answers!

[Therancher]

As we take a moment to reflect on the progress made by our team at Regenx, we want to express our sincere gratitude to all the trades professionals and team members who have tirelessly worked to ensure that we are on track to meet our timeline for commissioning. Their unwavering dedication and hard work have made it possible for us to achieve this significant milestone. We could not have done it without them. 

We are thrilled to share some photos of module one getting fabricated and assembled over the past few weeks. It is amazing to see how far we've come and the progress we've made. We are proud of what has been accomplished together and look forward to continuing our work with excellence and dedication.

With this achievement, we are ready to take the next step forward and accelerate our growth plans. We remain committed to advancing our mission of making a positive impact on the world and are eager to continue driving innovation and progress in the years to come. 

Once again, thank you to everyone involved in making this possible. We look forward to sharing more updates with you as we continue on this exciting journey. 

Sincerely, 
The Regenx Team

[Eagleseeker]

Yep.  Was not the commissioning to happen in the first quarter and full production in second quarter.  Clear as mud.  They are hopeless on communication!  So what is on their timeline that is on track?  Maybe they should put out a timeline to which they can be accountable. hopefully not hopeless on full production in the second quarter.

[calerxx]

This was commissioning. First quarter is over and they are either commissioned or close to commissioned, although no official word yet. So how is this not what they planned? We're now in second quarter and the plan is to slowly ramped up to full production or as close as possible within a single quarter. Fingers crossed things progress smoothly, but there's many new factors including

[Eagleseeker]

Reality, a company that says by the end of this quarter we will be generating annualized revenue of $100 million annually is trading at 8cents!!  Don't you think if we had an effective communication team that there would be  a little movement in sp.   major moves will only come when real dollar revenue is in the bank But like another related company we have to learn whether the

[lscfa]

Do more dd.  Module 1 began commissioning April 01 and will take 6 weeks to get to full capacity. Module 1 can only do $15-$20 million revenue annualy.

[BigGrayCat]

Where did you come up with Module 1 producing $15-20 million revenue annually. Greg has stated multiple times that full production, which is 4 modules in this case, would likely surpass $100 million annually.  My expectation would be $25 million revenue or higher for module 1.

[lscfa]

Greg should do less talking or be consistent. Go with the smaller no. to be conservative. August 2022 Mineworx CEO Greg Pendura has been quoted saying that he expects to hit a target of $100 million revenue per annum. This plant, the first module, is basically a quarter of the production capacity, and the expectation of $15-20 million is indeed possible. https://www.coreconsultantsgroup.com

[bailey2]

On the Regenx website the 100 million dollar figure is consistent. Go to the website and take a look. It has been brought to many shareholders attention in talks with management that the 100 million dollar figure is conservative...... Just do some DD and go to the website..  I personally do not like to see any revenue projections until module one is operating, and then commissioned. There

[Therancher]

And.............the Cow Jumped Over the Moon!!!