Regenicin Inc (RGIN)

[zimzum3547]

This came out this week.
https://last10k.com/sec-filings/1412659

[stk_maniac]

Regenicin has NT7 business license(sole proprietorship) in Nevada.What does it mean?. Is corporation still exist?

[zimzum3547]

No idea, m8. That last post from May is the newest thing I've seen. I look it up for news almost daily and haven't seen anything.

[stk_maniac]

What's happening with clinical trials ?. Did clinical trials start or just another bluff?.

[zimzum3547]

This popped up today: https://www.einnews.com/pr_news/712073973/regenicin-inc-obtains-sufficient-funding-from-product-pre-sales-to-begin-engineering-runs-on-novaderm-manufacturing

[stk_maniac]

Anyone heard from the company?

[stk_maniac]

Is RGIN in business?

[BubbaCheese]

Amazing that this is still trading. They keep their filings current, but no news in YEARS.

[zimzum3547]

It's nice to see a little movement. What's going on with it? Still no news i've heard in years.

[BubbaCheese]

Overview



During the quarter ended, December 31, 2019, the Company continued to position its product, NovaDerm®, to enter clinical trials to gain FDA product approval. Having secured Orphan Drug Designation as a biologic for NovaDerm®, we complied with the FDA annual reporting requirements. In addition, as part of an asset purchase agreement, we granted Amarantus Bioscience Holdings, Inc., a right of first refusal for the purchase of any engineered skin technology designed for treatment of severe burns in humans that we developed. This right of first refusal expired during this quarter on November 7, 2019.



Recently, the risk of introducing pathogens when using materials from animals to produce drugs, devices, and biologics has increased awareness of the safety issues. NovaDerm® and future Regenicin products use animal sourced materials like collagen to produce the life-saving products. We have worked with our collagen supplier and the FDA to ensure we are meeting the expectations for traceability and purity of the FDA for NovaDerm® production. We have arranged for sufficient Bovine Closed Herd corium to produce sufficient collagen scaffolds to meet our needs for the clinical trials, ensuring compliance with FDA requirements.



Our major objective for 2021 is to secure the required funding to finalize some additional requirements of the IND application and begin the clinical trials. As previously reported, our goal in obtaining the required funding has been to minimize shareholders’ dilution as much as possible. Consequently, we are primarily pursuing financing through the issuance of debt instruments, international licensing agreements and governmental grants. We have completed all the administrative requirements to allow us to apply for grants. Regenicin is now registered with System For Award Management (“SAM”) which is required to do business with the US Government. We must have our IND submitted before we can request financial assistance from The US FDA Office of Orphan Products Clinical Trials Grant. We intend to take full advantage of working with OOPD to develop our clinical protocol according to suggestions from the FDA during our Pre-IND meeting.



The Orphan Drug Act created the Orphan Product Grants Program, which is administered by OOPD, to stimulate the development of promising products for rare diseases and conditions. Orphan product grants are a proven method of fostering and encouraging the development of new safe and effective medical products for rare diseases and conditions. These grants support new and continuing extramural research projects that test the safety and efficacy of promising new drugs, biologics, devices, and medical foods through human clinical trials in very vulnerable populations often with life-threatening conditions.

[BubbaCheese]

Here's their most recent filing: https://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&dcn=0001662252-21-000007&nav=1&src=Yahoo

[BubbaCheese]

I was shocked to see that RGIN is still filing 10Qs and 10-Ks. They've been radio silent for three years now. Why keep filing if there is no hope in moving PermaDerm forward?

[wags7820]

Good volume. May be the time to buy

[Trader411]

What happened here? It's only been 9 years of trying to raise $3M. By now he has asked everyone in the world. No takers. So apparently the world doesn't need this because for the last 9 years other products have been used. So is everyone sitting on their shares since so low? 154M outstanding and no one once to trade it around for fun!!!

[trade2brich]

...and so is this board

[trade2brich]

I guess regenicin and pure med farma are dead men walking....

[skept]

Classic today - the bid is .0001c, the offer is 200c...... I'm going out on a limb and say the .0001 is value.

[skept]

Good summary Scottrader, the only person this thing has helped is McCoy. Pure scam.

[Scotttrader80]

Shareholders might as well sell out recouping what ever pennies are left of their dollar investment. Just look at the company progress, the PR's of achievement the quarterly and annual filings to see this one is a loser stock only lining the pockets of fatboy McCoy.

There are other companies actively using a derma product while McCoy continues to develop his product on paper that NO ONE seems to want.

It was a good story line, helping burn victim and Veterans, unfortunately that story line is useless, no one has been helped besides McCoy.

The only thing RGIN shareholders have banked on so far is the prospect of Hope,

Hope doesnt pay the bills

[skept]

Could not agree with you more applevision. It amazes me. Even on this msg board, - on the company summary above, showing 5% shareholders, there are 2 Discala entities right there. If that doesn't scare everyone for miles, I don't know what would. I've concluded that this is the downside of the bell curve - always someone at one end or the other that will believe anything. I guess these are the same people who believe in chemtrails, and that the earth is flat. Lucky we are not all the same I guess.....

[applevision]

If you haven't figured out from submitted quarterly forms.
This is a pure scam. Deliberate false information and operating cash flow of a lemonade stand on the farthest cul-de-sac from civilization you can find.
This D-Bag has been milking this for over a decade

[nidan7500]

Agree that today was a nice surprise. Something around 5$ would be even better.

[hans gruber1]

Well the positive takeaway from the share price increase is that it doesn't take much to move this stock in either direction. If and I repeat if mccoy is still alive and funding somehow comes to rgin this could make a really impressive move to the upside. I have little hope of this occurring but maybe hell will freeze over and ole fatboy actually comes thru for once.

[nidan7500]

Let's hope that sausage is not in the punchbowl.

[Scotttrader80]

1 4000 share buy way above the bid doesnt spell any accomplishments by McCoy. If the "funding" came through we'd see THOUSANDS of shares trading hands.

Longs know someone is smoking hopium

[hans gruber1]

Up to a nickel on low volume. If it is sheik passadasausage at work here I hope he keeps passin da sausage.

[Scotttrader80]

the arab shiek passdasausage probably funded something Randy sold him on like Camel collagen gelato

[nidan7500]

OK...what happened? We jumped up nicely today. What's going on?

[skept]

Call me a pessimist but on past form, the Suntrust transaction will turn out to be some kind of shady contra.

[stk_maniac]

Nothing will happen in this ticker until $ flows---FINANCING.
They are looking for fianancing for three years.Wow!We are in dark.No communication.Hope for the best.

[hans gruber1]

https://ih.advfn.com/stock-market/USOTC/regenicin-inc-pc-RGIN/stock-news/79271766/statement-of-ownership-sc-13g?_ga=2.49551974.1319945093.1550422987-87778604.1538099608

Why is this signed February 2019? I'm confused. The 10 million posted below by stkmaniac was given to another company called health care co.

[stk_maniac]

From year 2017
https://www.sec.gov/Archives/edgar/data/1412659/000107997317000200/lazarus_13g-bsc.htm

[Jesse411]

Sun Trust bank has owned these 10M shares for a while, I think at least a year or so. we just never saw any announcement of how they were acquired. Obviously not bought in the open market because have not even traded that many shares, plus we would be higher in price with that many shares purchased. My guess they got some cash or they did some accounting work or something like that We don't know what price they were given at, if there are restrictions on selling or anything. I heard after the AMBS deal the cone of silence was lifted. Well no news EVER!!!!!!!
It has been 8 years now. So I would think thousands of burn victims are being treated with current technology and doing fine. If this was so great it would of been funded by now. We can only hope (which is never a good investment strategy) that things are at least progressing, but oh so slowly...

[hans gruber1]

Definitely. I don't see suntrust jumping in here if this was going under. Big positive. Especially where this has been with the last year or 2 of radio silence.

[nidan7500]

New money is what we have been waiting to see. I read it as positive news.

[hans gruber1]

Not sure unfortunately. I'm in the dark just like the rest of us. I also like what I'm hearing from configman because I actually heard a similar thing from a source that they are waiting on money that is being held up.

[nidan7500]

hans, any thoughts on how long such a development will take to impact operations and sp? TIA....agree this is positive.

[hans gruber1]

Looks like suntrust is an institutional investor now with 10 million shares owning 6.5% of outstanding. Good sign. At least something is happening finally.

[hans gruber1]

Interesting...

https://ih.advfn.com/stock-market/USOTC/regenicin-inc-pc-RGIN/stock-news/79271766/statement-of-ownership-sc-13g

[configman]

The Brooklyn Court comment might link to a comment I heard that they are suing Citigroup for 134 million. Something about money they are holding and won't release. Supposedly Morgan Stanley is a player in this drama also.

[hans gruber1]

Brooklyn court records? What are you talking about. Have a link you can post?

[trade2brich]

Check Brooklyn court records on Jan 23rd....

[skept]

Configman - I don't think he is doing anything against the new rules. The problem is that he and his team of Discala type brokers and advisors now face a tricky path in terms of how they sell stocks like RGIN. They have a legal duty to disclose things they didn't have to before. So the shares will tend to find their true market value as opposed to the pumped price.

Have not heard anything from NZ for a while. Just looked at their NZ website, they no longer falsely claim on that to own the Hikurangi facility, although McCoys own website does still make that false claim. The NZ website still implies they have assets etc there when they have nothing as far as my information says.

[IHuser]

Cover axles~??$RGIN

[nidan7500]

Agree...very good question...WTF?

[hans gruber1]

As much as Mccoy is to blame for this awful stock price, who is the moron selling at one penny? What's the point?

[configman]

Skept- Maybe you should tell us what Randy is doing that is counter to the new rules for penny stocks. You should touch base with your contact in New Zealand to see what is going on too.

[skept]

Looks like the new SEC rules for penny stocks, that requires some actual ethical conduct - has been very damaging for McCoy.

[Scotttrader80]

Bid .0058

[hans gruber1]

Annual report out yesterday. No one even cares anymore haha...