ReGen III Corp V.GIII

Alternate Symbol(s): ISRJF

Energy Oil & Gas Refining & Marketing

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 yield base lubricating oils in the industry. The Company is also focused on developing its brownfield re-refinery in Texas City, Texas (Texas Facility). Its projects include Texas and Alberta. It is also engaged in Koch Project Solutions, LLC (KPS) to provide project execution management services up to turnkey delivery of the proposed Texas Facility. The Company is focused on building or enhancing UMO re-refineries and licensing its intellectual property to third parties around the world. Its first ReGen facility is in the site selection and negotiation phase in the United States Gulf Coast.

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ReGen III Corp > GIII shareholders can expect severe dilution

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Comment by lscfaon Oct 22, 2021 9:30am

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Post# 34036771

RE:GIII shareholders can expect severe dilution

And yet Cormark has a 1 year target price of $4.00. If the dilution does not materialize then even higher target price.

Schoener wrote:
Both Paradigm Capital and Cormark in their respective reports pointing towards severe dilutions for GIII sharehiolder in raising the required capex not covered by a possible term sheet from EDC.

Tens of millions of additional shares to be issued to finance just one facility.

Johann Schoener