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They have been making about 2,500 samples per month in their lab for distribution to doctors for more than a month. By the time the contract plant starts up at the end of March there will be over 10k samples out so lots of doctors will be familiar with the product. You can bet they went to the burn centers and other of their top identified markets first.
Latest video on kne
https://www.facebook.com/KaneBiotechInc/videos/292568703569665
From a reporter I had an enjoyable trip to Tennessee this week to see urban miner Davis Recycling's diesel Cat processing facility &
@regenxtech
module one Pt & Pd clean-tech refining operation. On Tues, I'll publish my site tour video. Thx to Rick Purdy & Ben Davis for hosting me! $RGX $RGXTF
cc on Tuesday
Doesn't matter what you think the dog market is, because it will be sold. Strategic review nr.
First closing of the financing is probably next week. Officers and directors are in on it.
Apparently they haven't run the plant this quarter. The new boiler has arrived but a small tornado in Greeneville has delayed the bigger gas line hookup for a few weeks too.
Sign up on their site for their email newsletter. They said the new boiler will be tested and installed by Thursday.
On the previous cc, Edwards said it is possible that the FDA will approve the manufacturing plant in time for the sales to start in Q4.
The next quarterly cc will be late in August.
The next step is for the outsourced manufacturing of coactiv+ to be completed. It may already be done, but it was supposed to take 3 months after receiving FDA approval.
They have FDA approval for coactiv+.
The 3rd and 4th modules will be ordered together after the first 2 are performing well.
The second module will be ordered after the first has been proven to be the best design.
The new heater has arrived. They expect to have the plant operating by the end of August.
I imagine the operation is flowing some cash now, since their CSE filing says they will sell about $3.5M this quarter. One perfectly operating module can produce $6.25M per quarter but they are operating under 50% of throughput until the new heater arrives.
It doesn't make sense that they would produce at a loss for the entire quarter since they don't have the cash reserves to survive more burning. If they had lots of cash they might have to eat cash losses while getting used to operating this new plant.
That kind of investor you describe is called bag holder.
That kind of investor you describe is called bag holder.
Tell them to buy MZEI a telephone too, so they can put an answering machine message saying there are no employees, assets or even a website. Yah, that ought to get your broker excited.
There are also opportunities to activate what are currently brownfield mines like the gold mine in Spain.
Gross margin of 20% on each plant.
Each plant costs $4M Cdn.
They have 55% interest in every plant.
How would it even trade?
And what use is looking at the volume on this stock?
Which century does the learning start?
No legitimate company worth millions even bid on MZEI when Ed got 100% for $250k. So I think you are right about billions staying away.
Then they can work on getting space for the employee to work.
The first thing MZEI needs to do to increase the market cap is to have a phone number after they get an employee.
This market cap implies MZEI is very valuable even though they have no sales.
50 B shares times $.013 = $650M market cap.
3 possible big projects. The mine could be worth the current market cap if the summer and fall drilling season produces good results
https://howardgroupinc.com/2021/03/mineworx-immediately-commencing-work-program-on-spanish-iron-ore-property/
which could mean a spin-off company for shareholders or outright sale; so the cat converter recycling business would be free.
https://howardgroupinc.com/2021/03/on-thursday-march-25-greg-pendura-ceo-of-mineworx-hosted-a-webinar-to-provide-investors-with-an-important-update-following-the-companys-successful-rights-offering/
Diesel cc business is the low-hanging fruit since no one else can do this but the rest of the cc are also a possibility in the future if they are successful with testing it.
" initially focusing on the diesel catalytic market. Catalytic converters, rich in PGM (Platinum Group Metals), represent a massive untapped market "
https://www.linkedin.com/jobs/view/senior-production-engineer-at-mineworx-technologies-ltd-2486209549/?originalSubdomain=ca
Only pikers are trading mzei. $50 investments each. $1k total traded today means just pikers with not much money and even fewer ideas.
A savvy Brooklyn artist made $89 by selling audio of his own flatulence as an NFT. Tesla CEO Elon Musk wrote a song mocking NFTs, and was promptly offered $1 million for it as an NFT. Toronto’s Krista Kim created a digital house that just sold as an NFT for $500,000.
Aside from the recent NFT trend, investors have inexplicably bid up the prices of bankrupt companies such as Hertz Rent-a-Car and J.C. Penney. Kirk Ruddy, a former bankruptcy claims trader, told the Los Angeles Times last June that the phenomenon is likely due to investors buying stocks purely because they recognize the company name and like the low price. “If you look at the markets in general, people don’t know where to put their money. They are like, ‘Hey, I’m going to try that $.001 stock,’” he said.
There is supposed to be an update this week now that the financing is over. You can't release material news during a financing.
1/3 of shareholders lost their rights because they didn't exercise or sell them to someone to exercise. On the last 2 trading days, some bagholders picked up rights in the market but later would have discovered they couldn't exercise them by the Monday afternoon deadline because the settlement couldn't occur until Tuesday. They were picked up free in the overallocation by other people. That was a big hit for those people who did nothing.
Only pikers are trading mzei. $50 investments.
just piker trading $50 here and there makes it more trouble than it is worth.
MZEI is dead so those who invest in it are hoping for a miracle while missing the incredible bull market over the last year for stocks that have any hint of life.
Besides just piker trading $50 here and there makes it more trouble than it is worth. Big trading day today was a total of $3k.
My friend has received his exercised shares but his brokerage does not show how many of the overallocation was given yet.
If you can prove the buyers don't have submarginal intelligence then you have a point.