Regenx Tech Corp. C.RGX

PLEASE PLEASE COMMENT

[Investornot1]

I have really really tried to find a statement somewhere in the many webinairs , emails ,youtube whatever ,that I actually believed. My bad I can't, so therefor the only outcome I can see of anyone paying the ransom ( RO ) is telling management that we will back them inspite of them driving the price down to .05 which in my case is a drop of  97%- 95.3% and 93.7% in 3 accounts.
  They now want us to put in more then the shares are even worth. Please someone convince me how this can be a sane expenditure, I can not bring myself to call it an investment

[lscfa]

Assume 4 modules generate $50M /yr (not mgmt's $100M), has cash flow of $7.5M (15% of revenue) and the capex is $10M. Then the payback period is only 1.33 yrs (not mgmt's < 1 yr). That is still a good investment.

[AlfTanner]

lscfa, unfortunately, there is no evidence that they can run just one module continuously.  My guess is that the vats and pipes get clogged with sediment, and the spend just as much time cleaning things out as they spend running the process.     Even if they ever do get to 4 modules with continuous production, my numbers only show production of about 5500 ounces of platinum

[lscfa]

Forget about RGX overhead and focus on plant economics. Your $6.6M cash flow no. would mean a very low 1.5 yr payback period. When RGX gets this module 1 running smoothly it can prove the 1.5 yr payback.  This would be attractive to others who could license the tech from RGX. They would build their own module for $2.5M and get a return of $1.65/yr less a royalty to RGX.  

[lscfa]

p.s. if plant economics are favourable RGX should be able to attract project financing, bank financing, etc. to build more modules in lieu of licensing to others. We need an operating history with hard no.s from module 1.  

[bailey2]

I like the huge potential of carbon credits as a separate stream of revenue, that polluters would love to purchase from RGX. The fact that RGX only has Davis as a partner for U.S. operations is good. Davis has first right of  refusal to build out in the U.S.  This is a positive for RGX. ( Who likes a 45 per cent partner that won't fund 2 or 3 months to keep an 8 hour shift going

[AlfTanner]

lscfa, I apologize for being negative, but please mark my words and check back in a year to see if I was right.  Here are my points:  - There will never be more than one module in the Regenx factory  - The one module does not work, and it will never work so long as Regenx management is in charge.  There are some serious problems with the design that management is hiding

[People585]

i really hope you are wrong as i'm in very deep and down a lot as many of you are out there .Things seem pretty bleak out there lots of talk.... .

[lscfa]

Your estimate of corp cash costs is overblown....     Qtr ending CFO Sep 23 (1,200,900) Jun 23 (1,045,501) Mar 23 (788,670) Dec 22 (900,001)    

[lscfa]

What you assume is Corp overhead includes some employees hired to run plant. These salaries will be in costs of revenue eventually. It's typical for revenues to lag costs when starting up.   Qtr ending Mgmt/employee costs Sep 23 497,232 Jun 23 404,160