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"Also, per Reg FD Kyle is not disclose anything to you that he hasn’t disclosed to the public"
Sorry, but that one is a lie. He can disclose a LOT of things to people although not public. He can not discuss a MATERIAL item, but many things can be discussed. For examples.
'i think we will get the COE permit very soon. " Allowed.
"I am talking to the COE and hopefully next week we will get our answer." Allowed.
"They gave us the permit. We are writing a pr right now to release tomorrow morning. Not allowed. But can he say things to people? Absolutely. You purposely left off the word "material".
Regenx Tech Corp., (the “Company” or “Regenx” (CSE:RGX) (OTCQB:RGXTF) is pleased to announce the system recovery rates obtained during the start-up phase of the commissioning of Module One in Greeneville TN.
During the initial phase of commissioning a recovery rate of 86% for both Platinum (Pt) and Palladium (Pd) were consistently achieved. By the end of the commissioning phase recoveries of 94% for Pt and 98% for Pd were attained. The recovery rates reported previously were solely for the leaching process. The overall recovery results currently reported reflect the entirety of the process including all sections where potential precious metal losses occur, such as leaching, solid/liquid separation and the Merrill Crowe recovery.
“The team is very excited being able to replicate the results from the lab and pilot plant trials during the start up commissioning phase. These results were obtained using very low-grade materials which makes this even more exciting as low-grade material was the most challenging to obtain high recoveries in the lab environment. Everyone at Regenx is excited as we enter the next stage of the Company’s development as a fully commercial operation. The Company’s vision is to become a global solution for an ever increasing multi-billion dollar problem”, stated Greg Pendura, CEO.
You are not listening. I am distinguishing between the company and the stock. You are putting the two together.
If the market were a perfect place, then they would be. It is not. that is WHY there are opportunities. And why stocks are overvalued. Because the market is imperfect.
"You keep saying
The company is doing great. Great for who? 6 quarters of profit and it has been dropping like a rock. I do not give a hoot about PE ratios. I want to see progress"
You want progress. I contend that 6 quarters of growing revenue and growing profits IS progress. You ARE seeing progress. What you r3eally are saying is you want the stock price to go up. Not progress. Stock price. (I agree by the way. I do too!) But in the imperfect world, the COMPANY can be doing better and better, and the stock NOT do better. As is happening here. Separate the two, and you will see that the company IS doing better. 6 quarters of growing profits IS progress. Stock dropping IS stock undervalued. The two are disconnected. You are tying the two together and saying if the stock is down then there is no progress. You also don't care about PE ratios. Or earnings. or ANYTHING except the stock price going up. Then play the momo stocks, and watch stocks with no revenues and no earnings and no hope go up through the roof just because they get the momo. The stock goes up and the company is worthless. Right now, this company is building value. That value should be reflected in the price. And someday I think it WILL be. For now, it is not. Last time I'll say it - that means there is an opportunity to buy low. Then be patient (You may have to look that word up) and wait for the stock to reflect what the company is doing. A company doing great is not "for who" (Which would be for whom, by the way,) but as a fact. the for whom is when the stock catching up to the value the company is building. I really don't think you have a grasp on the difference between a company and a stock. But still - good luck to you on your plays. I hope you do well.
"you might check out BDPT"
Nope. I have a few pennies right now, and that is all I need. have LVVV, as you know. Also have RGXTF as they open their first plant and I expect a great turnaround in price for them over the next year (I Own lower, but think it is still a good buy here) and SFRX, which is a GAMBLE but I am hoping for it to be a flyer when and if they get their permit. I'm up over 80% on that one, and might sell most on the permit news when it comes, or hold for the potential treasure, but it is up a lot already. ANd still own FUNN, although been selling at a loss on that one from time to time. Think it can go up when they open more locations, but until management changes some of their philosophy it shall be a good concept without good execution and is a loss for me.
Those are my pennies for now. Ask me in a few months and I might not own them, and might own others, or even BDPT, but for now that's all I shall do in pennies. My focus is elsewhere.
"Just hanging on for the miracle."
I don't see it as a miracle to go up. I see a company that was losing money for years and years. Then, they showed a profit. Okay, that is good. But let's see them do it again. Then they showed another profit. And another. And then they had a crop actually harvested, revenue that came in, and another profit. Four in a row. After that they started to plant more. They went from one acre, where they made a profit, to three acres. This year they are harvesting 3 acres, and this year they are doing it twice. The profits you ask for? Well, they went up get again in the latest quarter, and now they are going to harvest 3 acres in October and have even more revenue come in and more profits should come as well.
So the company is doing all the right things as to making profits. Higher profits and continued profits over six quarters and more acreage now than EVER before should lead to more revenue and more profits. All good. And the stock? It fell. It went down. A lot. Sometimes that happens. When a company is doing well but not exposing themselves as doing well, the stock can fall. So it fell. To me, that is not a bad thing, as I buy when it is DOWN. I'll admit my averages here. I owned this stock years ago, when they were doing some things in Coachella. However, the COMPANY was not doing well, so I sold. Yes, fortunately at a profit. Then, I went away. For YEARS I did not own this stock. Coachella also went away, and the company was not worth my time nor looking at. Then they started their 1 acre of planting and their Estrella location. I started watching again. Then the profits aforementioned came in, and that hit my radar. I bought some higher. But when it then went DOWN as the profits went UP, again I did not consider that a bad thing. I considered it an opportunity. I bought more. I bought most of my shares between $.0044 and$.0040. Average? About $.00413. And yes, I may buy some more if it stays in the 3's. I'm not right now only because the market itself is down and other opportunities are out there I am playing. Not penny stocks, but big board ones, where 93% of my portfolio is. When I feel I wish to put more into pennies, if it is in the 3s, or even low 4's, I probably will add again. Because the stock price is lower than the company value, IMHO. Look - if they went from 3 acres to 1 acre and profits were shrinking, I'd sell what I have, even at a loss. If the COMPANY is doing poorly, then the stock price will follow, right?
SO if the COMPANY is doing BETTER, then the stock price should STILL follow. Maybe not immediately, but it should follow, and most of the time DOES.
Crops are UP from 1 acre to 3 acres, not down. Profits are UP over the last two years, from losses to consistent gains. Revenue is UP. And due to poor marketing the stock is DOWN. Opportunity, IMHO. I don't think it will take a "miracle" to go up. Show the profits over the next two quarters from the sale of the October crop (not in the earnings coming out soon. In the current quarter and next one) which is not a dream or a hope but a reality and already ready to harvest, and the profits being larger over the coming quarters "should" be enough to finally see the STOCK go up as well as the company. Granted, not all will happen exactly as I hope it will. But I have faith that soon this stock will recover, based on growing profits. And if that opinion changes, I'll sell and move on. Again. Hopefully at another profit, but if I feel it is not going to do well, I shall sell no matter whether at a gain or a lose and move on. As long as I think the stock is trading less than the company value, I'll buy, When it goes up and is trading above the company value, or if the company value goes down, I sell. I hold most of my penny stocks a few quarters at most, and some a little longer. I probably won't be here a year from now, either way. Either the stock goes up to meet the company value and I sell at a gain, or the company value comes down and I sell at a loss. have done both, and fortunately more gains than losses (In spite of a liar saying otherwise to harass me) Enough of my thoughts on this. Back to the sidelines. I focus on the big board stocks, and too much spent on this little one for now, so I'll watch, wait, and post from time to time.
I end wIth one question for you. Please answer if you can. "What is the current AND forward P/E on this stock, and how does that compare to the industry?" research that, tell the board your answer, and then tell me what that tells you about the stock price for the future. TIA.
"You said it would not hit the threes and there's strength to stay in the low 4s."
Yep. And that opinion was wrong. There. Admitted it. Now what?
It's not like I'm inside the company or have a crystal ball. I truly felt it would not see the 3's. That's opinion. That's discussion. If i knew it for a fact, as opposed to being a regular investor who looked at support and said what it looked like to me, that would be insider knowledge. I am not an insider in this company, nor would I be. It hit the 3's. SO what?
I was defending against a man who followed me here as he does to every board I ever post on who then harasses me and takes a bearish stand on ANY stock I say I am bullish on, just for fun. Then, he spouts lies (""Bill" has nott even been able to sell the fungus-infected June crop") as if they were facts, and says whatever he wants about the company with no regard to the damage he does or the fact he is lying about things that should at some point cause him to get sued for libel. He hammers stocks, and people, for no other reason than he likes to bash stocks. That is all he does. He does it to other posters as well, if they dare like a stock that he is bashing. He literally has gone back over a DECADE to find posts that someone liked a stock back THEN, and if it has troubler NOW< he shows that they liked it and says they were wrong. Shoot, a decade from now i'll have no idea what is happening with LVVV. A few months from now I won't own most of my positions in most of my stocks. That doesn't matter. He finds errors in anything anyone ever wrote, and slams it. LIke me saying I thought it would stay in the 004s and now it is in the .003s. Of course, what HE says doesn't matter to him. He said "He will see 0.0028 before he sees 0.0001" Seems that .-0035 is lower than .0040 but NOT CLOSE to .0001, but what he writes never matters. It is done just to goad people on and to hammer stocks. Lies, like we have a fungus infected crop, are just fake words he uses to scare people from any stock he decides to write and lie about. SO yes, I defended what I wrote. Again, I saw support at .004 but that support was broken and we are a little lower than that. It happens. I am not a psychic. I finally put him on ignore, but I'm sure he shall continue to post here more without my reading what he puts. up. He will continue to hammer the stock, with truths when there is something negative and with lies when he wants to invent something negative. he will bring up other stocks, that I used to own or still own, to harass me. Now I'll ignore those posts. I Hope others at least counter his lies that we have fungus in our crops or that our June crop consisted of "Significant portion"= three lids and two rolled joints. "delivered" - to the illegal guy who picks up the trash once a month. In lieu of cash payment. " Until a real attorney takes on this disbarred attorney to stop him for flat out libelous posts that are NOT "opinion", and claims he can not and knows he can not make, then he shall continue.
Sorry for the long rant. Guess I had to say it about my post and why I defended it. Now let his bashing begin. And his lies about this company, my track record (Off topic) and all the other things he (And some new posters that are his friends or him under another alias) will post. In the meantime, let's see if we can get some support back and get back into the 4's. the COMPANY is growing, and doing better now than ever before. More revenue, more profit than ever. the stock is down big. I am hoping (NOT guaranteeing) that the stock starts a recovery based on the reality of the company earnings, which are up and growing.
I said when we are about .0045 that I didn't think it would hit the .003s. I saw support at about .0040 and .0041 and thought it would hold. You said
"He will see 0.0028 before he sees 0.0001"
So ... it went from .0045 to .0036 when I said it looked like it would stay at .0040.
Yet even a drunken disbarred attorney in CA could very easily argue and show that .0036 is a lot closer to my thought of .0040 than to your thought of .0001. Yep, 36 is closer to 40 than to 1.
Yet you call me wrong (repeatedly, to draw me into this argument) and make a point that my thought was "wrong"? lolol. Okay ... so I guess a drunken disbarred attorney in CA can NOT see that reality.
Oh, and my comment said that I didn't think it would bust .004 but "(and hoping nothing changes to make that a reality!!)" The dow going down a few THOUSAND points since then would qualify as the something changing that affected almost ALL stocks. I know, I know. Logic. reality. Thinking. None of those affect your trolling.
Finally hit my ignore button. You never have anything to say that is worth reading. Bye.
Actually I am. But I can't do anything about it, so like all of us, I wait. NOT happy with the delay, or whatever is happening. But I'm still looking at the big picture. We had 1 acre last year and made a profit. We have 6 acres this year. I expect a bigger profit. regardless of Green Eagle. So although it bothers me that AGAIN Bill said something and we don't know if it is going to become true or not, the big picture is still where my focus is.
My focus and bullishness is specifically this: "we have made profit the last six quarters or so in a row, and we have expanded (Past tense, not future, or hype) our yield by almost 600%. That should generate a NICE growth in profit, and I'm waiting for that over the next few quarters and I expect a higher price to FINALLY come about at that time" That's my take. The rest (this acquisition. expanding the grounds to include some other facilities. Putting in more infrastructure, etc) may or may not come true, and if it does that is a bonus, if it does not, I'm still focused on the growth in profits coming. IN nine months, I'll be out of this, with a profit hopefully but probably either way.
My honest view.
"but here we are about to enter the 3s."
A little dramatic, don't you think?
There is a lot of support in the low 4s. I wish it were the 7s, but it is not yet. As we increase revenue and profits, and our P/E contracts, maybe we shall see the 7s. But for now, the 4s are where we are. Sucks. But no, we are not "about to enter the 3s" based on anything out there at this time. (and hoping nothing changes to make that a reality!!)
Let's see.
Closed at 44 on Monday.
Closed at 46 on Tuesday.
Closed at 45 on Wednesday
therefore ... the price is dropping and the sky is falling. Right?
Dude, you gotta at least TRY when you put these thoughts together.
"Maybe a class action will wake him up."
Yeah, because a class action suit would REALLY help the stock go up! SMH
What are you going to say to an attorney?
Let's look at your side of a class action conversation.
"Bill worked on this farm, and he moved us to the first profit and then after that another, and now we have six quarters of profits in a row. We had 1 acre of product last year. This year we only have 3 acres. ANd two harvests. So 6 acres. But ... the stock price has not gone up. Sue him, because although bill has successful been growing the COMPANY, he is not successfully growing the price. He needs to manipulate the stock to MAKE it go up. Stop working on the product and the growing and the planting and all that, and work as a penny CEO should, and manipulate that stock to go up to 3 cents or so. Then I could sell and make a lot of money, but as it is, he is not doing his job!! waaaa"
"What's that? Stock manipulation by a CEO is illegal? he can't do it? But I see other CEOs do it all the time. What? Still illegal? HIs not doing it is a good thing?? No, that can't be, as the stock price is not up. I want to sue, since the price has not gone up as the company has grown. Can't we sue to make the price go up?"
"Huh? Making the company spend money on defending itself would push earnings down and make the stock go lower? But you don't understand. I wnt to sue to make it go UP. YOu must have misunderstood me"
"Hello? hello? Dang, another one that hung up on me!"
I too do not like the price where it is. But seeing 6 acres of harvest versus 1 last year is a great improvement, and our earnings will be growing. We re already sitting on a trailing P/E of 11. that's LOW for a stock, especially in our industry. As we grow earnings, someday this will catch fire. Not because of a pump, or some pipe dream, but because we get our shareholder equity up higher enough and our P/E down low enough that it catches the attention of someone who spreads the word to buy. Until then? Until then it is Bill's job to manage the COMPANY and he IS doing that. And he is talking about EXPANDING beyond the 3 acres with some specialized services on some of the other acreage. We are growing. We are doing what we need to do (except paying the real estate taxes, and I can't seem to get an answer WHY on that one) and I'm bullish since we are UNDERVALUED. As long as we don't have to defend some silly class action that is.
IMHO
very nice. Bullish sign
"Livewire Signs Agreement to Acquire Majority Equity Stake in Los Angeles Cannabis Direct-to-Consumer Delivery Company Green Eagle
Then gets a 92,888 dollar loan 3 months later
Nothing wrong with that?"
Nope, nothing wrong with that. It mean they bought it with some debt still owed. Took the position, but the payment is yet to come.
Not saying it is good. or bad. Just that it is not abnormal.
You are correct, but also wrong
It is "due" now, but they can file Monday. Here- read this.
"If the due date for filing a return falls on a Saturday, Sunday, or legal holiday, then you may file the return on the next business day"
Due Monday. Yield Tuesday if not filed.
Get rid of ALL personal attacks. Not just when an offensive area. Go back to where it was. Off topic if you attack the other poster.
All these people lining up to sell in December. Looks like I better sell in November then.
And the next 12 months should be even better, as they ramp up revenue and profitability.
"By the way, do you know why SFRX hid Kyle’s $15B claim from public view?"
He does not. No one on this board does. So you can stop asking the question now. Or ask it to Kyle, not to other investors who have nothing to do with that information. Of course, you KNEW that already, but you ask anyway. Ad-nauseum.
That's exciting. And ahead of schedule too.
Looking forward to revenues and earnings on this thing pretty soon.
"90% of shareholders are not looking to sell shares into the market."
And how would one go about buying the shares of the other 10%? Is there a dark bid and ask on the expert market? My etrade account will not accept an order to buy, even at a limit price.
Know anyone selling any shares?
"150 days since last press release"
Not true.
They just put out news that the first harvest is done and second stage has been planted. That wasn't an official PR, but it was released. This week.
They put out EARNINGS less than 90 days ago. that is DEFINITELY a PR.
They announced their new delivery arrangement with Green Eagle in LA county not that long ago.
So you can't say 150 days since their last PR.
They came out with their earnings with the fifth quarter in a row of positive earnings. They are sitting at a PE of 12. HOw many growth companies can say that? Plus they planted 3 acres for 2 harvests this year, versus last year 1 acre for 1 harvest. Profits should be UP from last year, compressing that PE and making us more undervalued. It will happen for us, I feel good about it. But it seems some want the management to spend all their time putting out news of what is happening, instead of working hard and MAKING the news happen. They harvested. They set up the deal with Green Eagle to earn more of the profits on retail side of things. They planted anew. They are busy. Sorry if they don't put out daily updates, but you can't say nothing has been released for 150 days. It is just not true.
Thank you. I am scheduled to talk to him in a few weeks, and I'm trying to catch up on what is happening here and there. I haven't been invested in this stock for years, so didnt follow most of it. Last I remembered, a few years back or more, he was taking only incurred expenses. And yes, I read that in your post too. Two years ago he started taking a salary. Appreciate your posting that for me. I'll be back home in 3 weeks and let you know if I get any kind of answer on that.
"pay their CEO about a $1000 a day"
Please show me where this comes from, because if Kyle is getting $350K a year I WILL call him on that. I don't think he is making NEAR that amount, but please show me your work.
2 expected this year. But 3 acres each, for total of 6 acres. Last year we were profitable with ONE.
Good tp know. Thank you
Happy belated birthday Billy. Hoping you find the big treasure this year.
And soon to be cash flow positive. Then, build more units, and get to some pretty nice profits. NOt a short term play, but great looking for 2 years from now.
I saw a POS car that looked just like that. But it was in CA, not heading to Mexico. I think it had Wisconsin plates on it though.
No news in 4 months??? They JUST put out that the plants are in the ground, growing in ALL THREE acres, and they ARE anticipating 2 harvests for 6 acres total this year. Tgat was June 22. How is that no updates???
with the ask consistently at 9, who in the world puts an order in at 6? Even at 8.8 cents, they would have been the low ask. So 6??
someone traded before the MMs put their numbers out, and got that fill. it happens at times.
No, he has a car. See?
https://imgur.io/pFWVIfy?r
I agree. It is scary to use a CPA who has had his license yanked. "who used to be CPA in several states and then gott his CPA licenses yanked". Not as scary as maybe using an attorney for the attorney letter who was disbarred in his state (boy - that would be REAL bad) but still scary. Don't you think so?
You mean someone SOLD about 900K in the last 15 minutes. (not me) And they took out a LOT of bids along the way. Most of the buys were all just people sitting on the bid that got filled as this person sold. Hopefully he is done now. Still looks like he/she/it/they/them might be pressuring us. Might be time for me to buy in again. Are Schwab and TDA investors able to buy yet?
Five quarters in a row of positive earnings. Now a TRIPLE sized crop, to be harvested in June and should show very large gains in 3rd quarter.
Sorry, but I don't know why anyone is selling down here. I understand being impatient and frustrated, as I think many are, but now is the timing it seems like the company is turning around, and after positive earnings for over a year the stock even has a P/E to it. A LOW one. Not the time to sell, IMHO.
So I took out the $.0045's and am on the bid there. See if I can add more. Didn't think I'd be able to buy more here. Glad I can. I see this a lot higher in 6 -8 months, and a nice gain. Just need to let the TRIPLE sized harvest play out first.
Wouldn't mind a buyout either from a big boy.
And yet we did NOT hit $3 per share, as you pretty much assured us it was going to do this week. Off by a factor of .... 1000%. Wow. Biggest misstep I've seen in a while.
LOsing my shares today at $35 on covered calls. But bought as low as $19, and most at $24, so I'm okay. And I'll wait for the next panic to drop it, if it does, and buy again then.
Also selling some puts today, for WAL and MCB. Way out of the money, for 1 week out. Should be easy money, and if it is not then I'll own at a way lower price again. Either way, I like the results. And just in 1 week.
Yes they are.
Stockholder equity $2.2mm versus $1.0mm a year ago.
With cash flow coming positive, harvests on the way, positive earnings AGAIN this quarter, and equity up, we should see selling dry up. Who wants to sell when the company is FINALLY on the right path?? Right?