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Bullboard - Stock Discussion Forum ReGen III Corp. V.GIII

Alternate Symbol(s):  ISRJF

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... see more

TSXV:GIII - Post Discussion

ReGen III Corp. > This is all soooo desperate.
View:
Post by Freezerburn on Jan 22, 2021 9:54am

This is all soooo desperate.

You guy's are convinced obviously but I can't see how it can make money. The economics are nuts. The more waste you process the more money you lose. The only way to profitabilty is adding efficiency to the collection and grading. That's where all the "giant" recyclers fall short. It doesnt work. A watchdog put trackers in the recycling and followed it right to the landfill. When they got caught, the explanation was that the process used so much energy that it offset the benefits.
Comment by Freezerburn on Jan 22, 2021 9:56am
That's why recycling needs a government subsidy and apparently these clowns don't qualify.
Comment by TrickyNicky on Jan 22, 2021 3:55pm
Get lost cockburn - if you think it's stupid go somewhere else. Or at least tell us you're short the position.  You'd find out who the super major was if you knew who to talk to. You think they are just posting fake NRs about being in discussion with SMs? Typically more than what's known to the average investor is shared when private placements are done. They just did 2 in ...more  
Comment by Citadel on Jan 22, 2021 4:29pm
Guess whichever SM provided a draft DA is in the business of losing money then? Sounds like you don't know anything about the business model. 
Comment by Freezerburn on Jan 22, 2021 6:57pm
Which super major?
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