Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation
Regenx

The Future of Precious Metal Recovery.
A new clean technology for recovering precious metals from end of life products.

Invest in The Future


Bullboard - Investor Discussion Forum Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

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... see more

CSE:RGX - Post Discussion

Regenx Tech Corp. > Something to think about
View:
Post by on-target on Apr 01, 2024 8:55pm

Something to think about

A good thing to look for in a stock before you buy is are they good at raising funds.Greg Pendura, I NOT. I think this will be the 3rd time he took the ez way. Make the shareholders pay for the project with a R/O or Rights Offering.

   We all know at some point every new company will need funds. You should look for someone they've hired just for that reason. like in, https://centurylithium.com/ , they hired Abraham (Braam) Jonker, CPA, CA Chief Financial Officer, who  was a key team member in management and at the board level in the strategic growth of a number of public companies and has participated, raised and overseen the raising of more than $750 million in the form of equity and debt instruments in the mining industry.

    Most companies have a person like this. Think I'm wrong, look at any company that started out small, but did well. They raised money not just from the shareholders.

    Look at, "Nevada Copper Corp." they hired, "Nevada Copper Appoints Gregory J. Martin as Chief Financial Officer" 

Mr. Martin has nearly 30 years of experience in various financial and business development roles, primarily in the mining sector.  He has held senior finance roles in several multi-national mining and mining-related companies including SSR Mining Inc. (where he was CFO from 2012 to 2021), NovaGold Resources Inc., Finning International Inc., Zincore Metals Inc. and Placer Dome Inc.  He has a proven track record of providing leadership through company transitions, growth and development while implementing the fiscal discipline and structure to support sustainable operations. Mr. Martin is a Certified Professional Accountant (C.G.A.), holds an MBA from the University of Western Ontario and a Bachelor of Applied Science from the University of British Columbia.

   Nevada Copper Corp. " is pleased to announce that the second tranche of funding of an aggregate of US$20 million provided by Mercuria Energy (“Mercuria”) and Triple Flag Precious Metals Corp. (“Triple Flag”) has been released from escrow to Nevada Copper ...

https://nevadacopper.com/news/nevada-copper-receives-us-20-million-from-closing-of-second-tranche-of-restart-financing-package-and-provides-update/

   .Greg Pendura has proved that he can't do everything. Most of what Financial Officers do is getting money for the company. (RGX) has no Financial Officer.

    Greg told me on the phone some time ago that RGX will not have another R/O. But here we are again. How does anyone know we will have more and more R/O 

    Why? My guess isGreg does not have a wide depth of connections, like a   Financial Officer would have, to raise money. That's theie job. Greg's job is to invent the project. Greg can't - do - it - all!!!  He has to know this before he brings this company down in a whimpering crash !!
Comment by on-target on Apr 03, 2024 8:48pm
Talked to Greg P. today. Mostly got vague answers. I said: 1 yr. ago you said no more R/O. here we are again doing a R/O how do I know we'll not do more? Greg: I planned on doing something else but that fell through. I said: Does any of R/O money go to Mod #2? Greg: R/O $ for about the next 200 days goes to keeping RGX going and chemicals and feedstock. I asked: Why can't a NDA ...more  
Comment by Therancher on Apr 03, 2024 11:13pm
One hour zoom with Pendura today. Long story VERY short……….all RGX needs is money !!!!!!! Money mostly for material to run and get 2nd. Shift going so production / revenue can be sustained and then NDA’s revealed and put to work. Investment broker needs this to release funds to build 2,3, 4 mods. Uneducated potential investors forget about Carbon Credit revenue as well! So red ribbon or ...more  
Comment by Quirkle on Apr 04, 2024 12:13pm
My question at this point is how much do we really trust Pendura? And why can't this information be given out more widely rather than on a one to one phone call? 
Comment by on-target on Apr 04, 2024 1:09pm
Quirkle - you just made my point with how this company communicates to it's shareholders.  It sure sounds like Greg has a plan & a good one too. Then why can't he do an email to shareholders? He's still not saying the NDA's name. He's still saing NDA & not the name of the NDA.. So he's not giving out info before its made public. He's not breaking any SEC ...more  
Comment by Therancher on Apr 04, 2024 2:32pm
Agree totally he didn't give me / us any trade secrets I just ask him "loudly" what "the plan" was moving forward and he answered?????  The problem is not everyone is on Stockhouse / CEO.ca so not everyone knows what is happening. As most of you know I have harped on COMMUNICATION since ETI days!!!!!  I'm wore out !!!! RR
Comment by Eagleseeker on Apr 04, 2024 7:17pm
Since the hockey stick and giraffe days of the rancher I have questioned his exuberance.  But maybe now with experience and commitment he would like to be on th Board of Directors.  Not sure how many votes he could get but I have close to a million and I would vote for him. Actually if Rancher is wore out maybe Deiseldave?? the board needs a shakeup!!!and representation from shareholders ...more  
Comment by Therancher on Apr 04, 2024 7:38pm
Hahahaha funny!!!!! That giraffe stuff was so long ago I had forgotten!   Back when we were all having fun on the board expecting to fill our pockets one day soon. Now we're all hoping we can make it back to a dime! ;););). Frankly, I hate to say it, I think me and a couple other guys keep Pendy in line more than anyone on the BOD's. I've been riding him like a rented mule for a ...more  
Comment by corazon1 on Apr 04, 2024 8:59pm
I would definitely vote Rancher onto the board with my shares   How many shares? Enough to also remember the giraffe.   Bring him out of retirement Rancher         BOD/ RANCHER 
Comment by dieseldave on Apr 05, 2024 5:37pm
Thanks for the endorsement Eagleseeker, I'm flattered, but what this operation needs first and   foremost is a "Corporate Process Auditor" (for lack of a better term). Working "arm's length" of Purdy and Weatherbee in Greeneville and reporting directly to the CEO providing an "Unvarnished" "Independant" assessment of progress and timelines ...more  
Comment by Therancher on Apr 06, 2024 1:40am
Great to hear from DD again!!!  No volunteers allowed apparently, might lead to success ;););). Our only roadblock is $$cash$$  according Pendy!  RGX needs cash to buy high grade material to run to make money and hire a 2nd shift to run more material that we don't have the $$cash$$ to buy.  Because RGX doesn't get paid for 90 to 120 days from the refiner they need a ...more  
Comment by on-target on Apr 06, 2024 10:35am
Same post as yours Therancher, just added more detail for very new people.     Our only roadblock is $$cash$$  according to RGX CEO Greg Pendura!  RGX needs cash to buy high grade material or (high - Parts Per Million = PPM grade of  ( PGM's = Platinum Group Metals (PGMs) in the catalytic converter = CC feed stock to run to make money and hire a 2nd shift to run more ...more  
Comment by lscfa on Apr 06, 2024 11:18am
$2M-$3M cash raise for working capital due to 90 day delayed payment from refiner suggests $1M/month revenue and 20% cash flow margin.      Month Cost of revenue Cash Rev 3 mo lag Cash balance 1 (800)   (800)  ...more  
Comment by lscfa on Apr 04, 2024 1:58am
Next time ask Greg what are they doing about seeking govt grants.
Comment by PinkCow on Apr 04, 2024 8:18am
And about the $2 million debenture that matures in December of this year. Unless that money is lost it would go a long way to achieving that funding goal.
Comment by lscfa on Apr 04, 2024 8:41am
The $2M note receivable in Dec is offset by the $2M debenture due in Dec.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.


Connect with C.RGX



Investor Presentation

View the Presentation
View the Presentation

Investment Opportunity

The Future of Precious Metal Recovery

  • New Cleantech recovers over 90% of precious metals from retired catalytic converters
     
  • Plant constructed in modular stages with each having 2.5 tonnes/day of capacity
     
  • 100 million USD in revenue with projected CAPEX payback less than a year
     
  • First commercial facility is currently scaling up production in Tennessee, USA
     


Facebook

Contact Us

Investor Relations
Greg Pendura
780-800-0726
investors@regenx.tech