Regenx Tech Corp. RGXTD

Reply from CEO

[theq_fez]

Had some questions and this was my reply from Pendura yesterday.

"A fully subscribed rights offering will get us the capital we need to get to 5000 lbs per day if no hiccups occur.  I believe the majority of the offering will be spoken for from my discussions with shareholders."


His exact words  -  believe what he says or not  -  you choose

[calerxx]

I will be trying to double my position by oversubscribing. I'm very upset with all the delays we've had to endure but still expect the company to be successful. The RO is priced as low hanging fruit to investors who can participate. The RO would value the company above $0.03, or closer to $0.05 sometime after the reverse split, although there's usually a bit of delay as the penny

[lscfa]

By over subscribing you are more than doubling your position as you can only oversubscribe if you exercise all your rights.

[calerxx]

double my position post consolidation. If I only exercise my RO without oversubscribing that would only maintain my current position.