Greg didn't tell full truth March 21 2024 video03-21-24 RGX Investor update video. First Don gave info on pilot plant. @ 4:49 he said Pilot Plant confirmed that our new chemical process we designed was going to work and was scalable. The pilot plant was NOT able to provide info related to material flow at a much larger quantities of feed stock.
@9:23 Min. Greg was asked: Does RGX plan on doing a Share Consolidation at this time?
Greg: "No" "
Not at this time. Only to uplist to a more senior exchange" He had to have known he was not telling the truth. He knew the R/O will be followed with a Share Concsolidation.
He said this 03-21-24 Then on 03-26-24 RGX in a PR "Regenx Announces Rights Offering and Share Consolidation" Keep in mind they know in advance when a PR is to be out.
Also, @ 13:41 Greg tried to use "Forward Looking Statements" as a reason why RGX couldn't say how much money they made on black powder sent to a refinery. Hr said RGX can say when RGX has a history of selling black powder. He said, :"regulatory authorities look very closely at forward-looking statements." (No they do not. I'l show proof next.)
https://www.youtube.com/watch?v=k7RIgW90H4g&ab_channel=RegenxTechCorp https://www.regenx.tech/news-releases/regenx-announces-rights-offering-and-share-consolidation " This act allows companies to make speculative statements based on current market trends or research directions
without fear of major repercussion, while ensuring that potential investors are informed of the
speculative nature of the statements"
https://en.wikipedia.org/wiki/Forward-looking_statement#:~:text=This%20act%20allows%20companies%20to,speculative%20nature%20of%20the%20statements. https://www.bmo.com/bmo/files/event/3/1/Jan15-08%20FLS%20-%20EN.pdf IMO, Greg cares what the NDA(s) thinks. He could put out a PR saying RGX made (XYZ) amount of money on a small shipment of black powder. The SEC or BMO wouldn't say a thing. Plus by Greg saying the money made, even if its a small amount, would give most investors confidence. We would have thoughts like, something is happening.
But no. Greg wants to wait till its a larger sum of money to show the market and the NDA(s). He, IMO cares little of the shareholders that may pull RGX from a great crash by spending their money on the R/O when RGX could
NOT find ANY other way to finance buying more Feed Stock and pay for a 2nd shift.
This is the only plan. To show HISTORY of BLACK POWDER SALES. If this fails. The machine breaks. They only have us to get more money from. These ARE the
FACTS we make big money or lose all our money with. This is what the R/O $money is ALL for. Its NOT to build a #2 Mod Some of us have already called RGX. You can call them. Then tell me What I just wrote is not true. But call them first. I want them to do good. I have 3 million shares. well, 1.5 million after the R/O.
Only the future knows now.
Look at the video, if you care to.