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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 > Mr Redcliffe is not a man of his word
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Post by Schoener on Oct 25, 2021 11:42am

Mr Redcliffe is not a man of his word

He quoted in a mail to a former shareholder  " reputation is all we have ".

I leave it up to you to judge on his reputation while checking the following :

First his smallcap investor interview from December last year, Indicating not 1, not 2 but 3 projects to be announed and to be put in production nearly simultaneously.
As we have been able to witness this year , complete silence on a 3rd project and even worse , the second project in Canada being terminated , so leaving the company struggling to be able to finance the 1 remaining project.

https://www.youtube.com/watch?v=IP3JsTxT8Sc


Second, his interview when they were selected as a TSX Venture 50 company in February of this year , stating expected developments this year including the closing of project financing and the starting of breaking ground. Based on the most recent analyst reports , it should be clear by now that both catalysts will no longer happen this year and will be delayed 3 to 6 months or even longer.

https://www.youtube.com/watch?v=eye5O_rQcwQ


So either Mr Redcliffe has no acces to the most recent and correct information about what is happening in his company, hence he is not the right to communicate publicly on expected developments.
Or Mr Redcliffe has acces to the right information, but is outright misleading the public and hence has a reputational problem.

I would a clear choice between the plague and the cholera.
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