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Bullboard - Stock Discussion Forum Regenx Tech Corp. C.RGX

Alternate Symbol(s):  RGXTF

Regenx Tech Corp. is a cleantech company. The Company is engaged in the development and commercialization of its processing technologies for the recovery of precious metals. The Company’s initial focus is the extraction of platinum and palladium from diesel catalytic converters. Its technology produces a sustainable PGM concentrate without the need for smelting or mining. It provides an... see more

Bullboard (CSE:RGX)

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Comment by Drywallon Jun 12, 2024 8:10pm

RE:Oversubscribers

Nothing from RBC yet.  They told me up to two weeks before I see them.
Post by lscfaon Jun 12, 2024 10:00am

Oversubscribers

Anyone get an allocation of shares yet? Filled at what % of ask?
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  • KevinOlearyX
Comment by KevinOlearyon Jun 11, 2024 9:13pm

RE:RE:RE:Rights Offering Filed

You say you brought lots of people into rgx financings at high prices, but you pretend you are a finance mastermind who told Greg 50 times in one year he would run out of money. That mixup in thinking ...more  
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  • TherancherX
Comment by Therancheron Jun 10, 2024 3:02pm

RE:RE:Rights Offering Filed

Your not smart enough to comprehend what I say so to you think i'm  lying ;););). "I told Greg 50 times over the last year we didn't have enough cash to finish" and ............ ...more  
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  • BurconNutriFanX
Comment by BurconNutriFanon Jun 10, 2024 11:44am

RE:Rights Offering Filed

It's good to hear that you lost shares, but you're always lying so I'll just pretend I believe you today so I can feel good about justice in this world. All the cash in my accounts was ...more  
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  • TherancherX
Post by Therancheron Jun 10, 2024 10:17am

Rights Offering Filed

What this means is...............the insiders are better informed than we shareholders about what is actually going on. I have brought a lot of people into this mess and I don't know anyone that ...more  
Comment by Drywallon Jun 09, 2024 6:16pm

RE:RE:RE:I think it takes a few days, not weeks

Makes sense.  Thank you for the clarification :)
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  • BurconNutriFanX
Comment by BurconNutriFanon Jun 09, 2024 2:06pm

RE:RE:I think it takes a few days, not weeks

I see now that I misunderstood your suggested method. Here's the correct answer. The problem with your method is people oversubscribe for varying % of their rights so some don't ask for 50 ...more  
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  • BurconNutriFanX
Comment by BurconNutriFanon Jun 09, 2024 12:59pm

RE:RE:RE:I think it takes a few days, not weeks

If all the other oversubscribers just bid for 50 million and the guy with 1,000 rights happened to bid for 50 million then he gets his order totally filled. That's fair to all.
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  • BurconNutriFanX
Comment by BurconNutriFanon Jun 09, 2024 12:49pm

RE:RE:I think it takes a few days, not weeks

No, using the numbers in your process would allow someone with a measly 1,000 rights to get 50% of the oversubscriptions, just by putting up the $750k cash on Thursday. If one guy has 1,000 rights and ...more  
Comment by Drywallon Jun 09, 2024 12:22pm

RE:I think it takes a few days, not weeks

Doesn't it make more sense to fill all of the subscriptions, which would then have a certain amount of rights left over.  Add up all the oversubscriptions and do simple division, with the ...more  
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Post by BurconNutriFanon Jun 09, 2024 12:11pm

I think it takes a few days, not weeks

Every shareholder who oversubscribes is a separate calculation that has to be correct. Also every account you have is a separate calculation.  The allocation is done by eliminating each ...more  
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