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Bullboard - Stock Discussion Forum ReGen III Corp. V.GIII

Alternate Symbol(s):  ISRJF

ReGen III Corp. is a Canada-based cleantech company commercializing its ReGen, patented technology to recycle used motor oil (UMO) into high-value Group III base oils. The ReGen technology is designed to produce the highest quantity of high base lubricating oils of any re-refining process. Its ReGen technology, produces a 53% yield of Group III, which is a high-margin base oil used in the... see more

TSXV:GIII - Post Discussion

ReGen III Corp. > No permits in place for the Texas facility
View:
Post by Schoener on Oct 22, 2021 10:07am

No permits in place for the Texas facility

If my informtion is correct , the permitting process has not even started yet.

Obtaining permits these days seem to be a nightmare in the US.

Still a lot of hurdles to overcome ...
Comment by TrickyNicky on Oct 22, 2021 10:10am
Sell your shares puddin-pop oiltanking already permitted that's the benefit of using their site (among other risk reducing benefits)
Comment by Schoener on Oct 22, 2021 10:13am
You shoud check your sources. OT is permitted for storage and logistics only. GIII needs a production license and environmental permits.
Comment by lscfa on Oct 22, 2021 10:22am
If Schoener is so sure he should short the stock. I dare him.  
Comment by Schoener on Oct 22, 2021 10:37am
if you are so sure , why not buy all shares up to 4 CAD. Show some confidence in your holdings. Or only words and no deeds ?
Comment by lscfa on Oct 22, 2021 10:49am
You moron. I have a full position already. It's stupid to excessively overweight any portfolio with a single stock.   
Comment by Schoener on Oct 22, 2021 11:00am
Only words no deeds. Only pumping , no thorough due diligence ...
Comment by lscfa on Oct 22, 2021 10:19am
Lame bashing.   The facility will be built on land leased from Oiltanking. Is a permit even necessary? Oiltanking may already have all the permitting it needs for this facilty to proceed.    
Comment by Schoener on Oct 22, 2021 10:54am
Not familiar with permits it seems ? A lease is not a proxy to permits for production ... Pumping a stock without having done the necessary research , it does not surprise me. You better give GIII mgt a call , if you want I can provide you a direct number.
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