Regenx Tech Corp. C.RGX

Took some

[Atechnician]

I did most of the selling today, taking advantage of today's available liquidity and unloaded
some of my RGX holdings.
It's never a bad thing to take some profits.
I anticipate that RGX will need to raise some OPEX.
That profits will be used for the next round of RO.
Bring it on, GP.

AT.

[calerxx]

Better not be another rights offering. GP ensured us the last on was the last one. Also, if they tried it they'd probably be undersubscribed on it. Just get things running so they can start paying for bills with profits

[BigGrayCat]

Several items regarding the 4 modules, financing, etc. First, I believe module 1 was 100% paid for the RegenX. It is my understanding that once commercialization is proven with module 1, then Davis will reimburse for their 45% share of module 1. Second, I believe it is their hope/intent to build-out modules 2-4 at the same time. This will require some form of financing. Greg has indicated that

[lscfa]

I see it differently. RGX is 100% responsible for the capex on all modules. Davis is responsible for the costs to collect, transport and crush crush the catalytic converters and extract the black mass. The JV is responsible for the cost to buy the used CCs and the conversion of black mass to precious metals.     The signing parties will immediately form a new company to be called PGM

[bailey2]

I had thought that Ben Davis in his interview (video) said that when module one works going forward he is paying his share for further modules.....I stand to be corrected....

[lscfa]

you are correct. Just listened to video again. RGX pays for 100% capex module 1, then additional modules capex is per 55%/45% split of JV  

[djstone56]

Iscfa...my understanding based on discussions with the Company a few months ago, is the same as BigGrayCat's.  The cost of the complete commercial plant, (all 4 modules) is roughly $6 million.  The cost of Module 1 is greater than $1.5 million, (over 25% of the total), because it was being rushed).  I know, I'm struggling typing that right now myself...rush is a 4 letter

[djstone56]

AT, I have no issue with anyone selling this or any other shares they own.  People sell for a variety of reasons and they know best what their needs are.  Selling now however, this close to mod 1 being completed and generating revenue and hopefully, the closing of the IB listing and distribution of free shares, is a little surprising.  Six weeks ago, you could have received 0.11

[bailey2]

Davis pays for half going forward for any additional modules.....

[Ballsofire]

As I mentioned the other day, an opportunity to get in a stock with this enormous potential doesn't happen very often, I predict when it takes off it will become more expensive to buy. I'm buying more.

[BrandNewGuy]

I Sold some shares at 10 and 11 cents as well.  Everyone should have a plan to take profits at different stages. That being said the Sept 30 FS's showed that RGX had $4.5m.  I do not believe there will be another rights offering but if there is I sure make alot of money each time there is one.

[Therancher]

Me toooooo!!!! ;););) GLTOYOUANDME!! RR