Regenx Tech Corp. C.RGX

New Press Release - Regenx Approaching 50% Production Objectives

EDMONTON, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Regenx Tech Corp., (the "Company" or "Regenx") (CSE: RGX) (OTCQB: RGXTF) (FSE: YRS WKN:A2DSW3) is pleased to announce that it has achieved a production throughput of 2,200 lbs./day, while maintaining its expected plant recoveries and...read article.

[lscfa]

50% capacity would be  $833,333/month revenue. Why aren't they commenting on this if they want the stock to rise?

[lscfa]

Maybe they are using bags of sand and not catalytic converter bits to test capacity. 50% of sand throughput = zero revenue.

[lscfa]

Or maybe when they reach a milestone like 50% capacity they shut down the system and work on the next increment. We should not be assuming the system is running full time as they gear up.

[Ballsofire]

Exactly, that's why I'm not worried about Regenx, no matter what the ultimate process becomes, it will be making money as long as the support structure is adjusted to reflect the balance. This first module will be adjusted and fine tuned so the next module will have the upgrades incorporated for success. It all takes time. I'm buying.