Regenx Tech Corp (RGXTF)

[teq0904]

The “Wet Side” processing begins with the soak cycle. The fine ground powder from our (MWX) patent pending HMX-Mill is immersed into EnviroLeach’s patent pending solution, commonly known as the leach cycle, and is dissolved for a specified period. The EnviroLeach non-toxic solution is an application of inorganic electrochemistry and dissolves the metals into solution.
The above explains that MWX supplies the dry side and ETI does the wet - they decided the split should be 20/80 for mining and eWaste.

Latest update means we are close to production. https://mineworx.net/wp-content/uploads/2018/02/Newsletter-73-Social-Media.pdf

MWX share price should be 1/19 of ETI’s or roughly 5%. There are 333M MWX shares and 70M ETI shares fully diluted, and the deal is ETI 80% and MZX 20%, so when you apply those ratios, that means ETI share price should be 19 times MWX.
MWX (MWXRF) and ETI (EVLFF) were spun off from Iberian. http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00042390http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00009435
Per the Nov 2017 MWX podcast, they said that it was originally anticipated that MWX would chase the mining deals and ETI the eWaste, however the lucrative value of eWaste later surprised them both, so the mining is on the back burner and the 80/20 deal was struck for eWaste which is the focus of both companies.
The same 80/20 will apply to the mining deals too, and Duane said they have done hundreds of tests on mines. They will have a mining deal in March and are at high level talks with 2 others. More on that here. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=138697223

LT investors are bidding up MWX market capitalization way past the 5% ratio, since ETI can’t be used in non gold, lithium or cobalt as far as we can tell from the news at the moment. As I pointed out, this will be a $1B combo if the tests are successful, with ETI holding 80% of the value, so ETI investors are focused on that. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136439768
There are so many gold mines out there, that ETI will likely end up worth billions more if the tests work out though. I am sure many people will be asking over the years what the difference is in the 2 companies sp, so hopefully this explains that it is all about perception.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136436546