Home > Boards > US OTC > Biotechs > Regenicin, Inc (RGIN)

I agree. Sandy Frost is old news

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Jesse411   Wednesday, 03/04/15 06:26:46 PM
Re: Everest72 post# 1983
Post # of 2927 
I agree. Sandy Frost is old news and garbage because not doing the process that way anymore so she is irrelevant. As far as the stock, it seems to be priced for the current value but nothing more. They have apprx. 150M shares outstanding with options and warrant for another 40M, and they just gave an "officer" 10M shares, sure would like more info on that , whoever it was received ITM (in-the-money) options, struck at .02c?? That is a big gift.

Anyway

200M shares at .03 = $6M

Cash 3.5M + AMBS stock (37.5M * .08c) =3.5M

So it is priced right. They even eliminated $2M in debt

What is not priced in is anyone thinking it is going to work. There is no "premium" here, so your buying intrinsic value.
They can't sell stock of AMBS until May, so when they do, if no news and nothing changes. RGIN will probably stay flat or drop as well. He needs to get info out to investors and get moving.
I would think at this level a "premium" is warranted. Pushing up to .075c to the 200 day MA seems possible.


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