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Regenx: America’s Newest Platinum/Palladium Urban-Miner Declares Production · Financial Survival Network

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  We're waiting for the large gas line to be installed to and has our commercial
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  production, and that's been completed, so now we are able to begin the
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  process of going from a few uttered folds a day up to two and a
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  half tons per day. We had fantastic people working with us, the general
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  contractors and our employees, a smart guys, hard workers and putting our heads
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  together and putting a plant together that no one's ever built before. So it's
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  it's coming together. We're very excited about what we've got. The Financial Survival
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  Network now more than ever, the Financial Survival Network. And welcome. This
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  is Financial Survival Network. I'm your host, Carry Lutz, and we've got
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  a major update. Many of you out there have been requesting that I get
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  an update on Regentics Tech Corp. And we've got CEO Great Pendura with us
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  as well as the Regentics USA president, Rick perty Gentleman. Welcome. I
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  am really excited to be doing this update because hey, I've got a substantial
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  interest in the company. I've been following you now for over a year and
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  things are really starting to come together. I just want to set the stage
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  so you out there understand what regent X does, and why it is so
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  revolutionary. Basically, we all know about catalytic converters. You read in the
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  paper all the time. Well, these catalytic converters got stolen from cars.
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  Well, when it comes to diesel catalytic converters, and nobody's trying to steal
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  them out of trucks for the simple reason that they're of limited value. The
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  traditional means of recovering the precious metals in those converters basically became more and more
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  untenable over time due to the differences in the advancement of catalytic technology. And
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  on that note, Greg, you're at the point now. We've been following
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  this for a while. We've been waiting with bated breath, but the plant
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  is ready to go and commercial production is starting. Yeah, for sure,
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  as scary. We just recently actually we just announced that yesterday to to the
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  effect that we're waiting for the large gas line to be installed to enhance our
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  commercial production, and that's been completed, so now we are able to begin
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  the process of going from a few uttered bouds a day up to two and
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  a half tons per day, right, and that's for module one and Rick,
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  you've been the boots on the ground. You've been having to deal with
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  whatever situation comes up. Obviously there is no instruction manual for for the challenges
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  you've faced. It's gotten pretty intense, hasn't it. Yeah, it's been
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  a it's been a really interesting project and we've we had fantastic people working with
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  us, the general contractors and our employees, smart guys, hard workers and
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  putting our heads together and putting a plant together that no one's ever built before.
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  So it's it's coming together. We're very excited about what we've got.
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  It's excellent. So recently you signed a non disclosure agreement an NDA with a
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  substantial partner, potential partner in the space. I know you can't give us
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  the specifics and obviously we'd all love to know who it is, but you
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  can't tell us that. What can you tell us? Well, that basically
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  came about from our prepresentation at Scottsdale this the spring. Here we were invited
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  to present our technology at the Precious Metal Institute, which was very prestigious for
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  us and it was very well received and from that presentation our first ADA was
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  signed because of that with a very large player in the industry. So they've
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  got big class for us. We've got big class for that, all right.
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  Well, that's that's good, and uh, anything happening with that in
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  the near future, it's an ongoing process. I'll be able to say much
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  more about this as we as we wrap up into our cool start to our
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  tuneing out ton per day objective, and at that particular point in time,
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  we will probably be able to to mention the name and at what the relationship
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  entails. And and obviously we're all looking forward to that, all right.
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  And they're currently planning a visit to the plant. Correct, correct, they
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  they've they've they've been, they'll already Rick, Rick's been there with them and
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  they are they are coming shortly again. So Rick, you're on the ground
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  there. Uh, you've been overseeing this since since uh basically plant construction started.
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  Uh what is next? What's involved in ramping up that production to two
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  and a half tons per day? Yeah, we what we have to do,
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  as any commissioning of a new plant, we have to start first step
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  one, for example, you know, loading material, getting more material into
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  our reactor systems and then running it through each of the processes to do our
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  recoveries to find our efficiencies that we need to work on, and that's what's
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  going to be over the next few weeks time is just adding more material,
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  checking our recoveries, do an analysis on that, and then circling back and
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  seeing what we need to do for efficiencies. So it's going to be a
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  continual, step by step program. If we need to change something, tweak
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  something, it's just monitoring it and understanding truly what we're getting in so input
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  and then what you get on the output. So surprises, I'm sure you've
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  had a few along the way, right, but hopefully surprises on the downside,
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  we'll only see them on the upside, right, Yeah, they should
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  get less and less. I mean, we haven't had too many big surprises.
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  We had a couple things earlier on heating that we let wanted to speed
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  up our heating in this system, so we had to add a larger boiler
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  system and in gas line. As we've discussed and shared with the share of
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  holders, we we that's probably the biggest one that we had to find out,
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  but you wouldn't have known that until you you got to step one and
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  started to find out your timing for batches. But there hasn't many any big
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  other surprises will We'll just carry on and like you said, we want to
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  limit that and we're learning as we go and we're creating the efficiencies. So
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  yeah, well, like I said, there was no instruction manual for this,
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  you were basically writing the instruction manual as you went along. So that
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  totally understood. As far as the larger gas line, great, and the
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  increased boiler capacity does it how much? How does that effect costs? But
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  both of those projects, we're not inexpenssible to put it that way, but
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  they've they've been fabricated, installed, and now we're what we couldn't run the
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  way we wanted to run without it, because the heating requirement is a central
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  to to to be able us to continually run on a flow capacity, so
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  and that's the way we want to do it as opposed to a batch runs.
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  And so that will now enable us to actually what we've installed is for
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  four or four beyond just one batchule. So it's gonna it's going to take
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  care of our needs. We believe we all four watchers and right as far
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  as the increased gas consumption, that's not going to be a substantial cost,
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  is it. No? No, very minimal, So so to make the
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  process more efficient, Hey, a little bit more in the up on the
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  front end, but you'll get more in the back end because you can share
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  it among modules, which is pretty cool. He took Greg. You mentioned
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  that you were talking to smelters who are currently stockpiling these diesel catalytic converters,
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  but they're not processed seeing them. What kind of response did you get as
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  far as what Regenics is doing from these guys. Yeah, as you allude
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  alluded to carry there the the the newer diesel A catalytic converters, and when
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  I say newer ones, the ones from about twenty fifteen on have got more
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  and more silicon carbide in the material to make them more effective. And it's
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  the silicon carboide which which creates havoc with the furnaces with smelters create creating hot
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  spots, which which really it's it's sort of makes their their system less efficient
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  than what they want. So that's that's leaving an inventory. They have large
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  customers that want to want them to process their inventory and they would rather not,
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  so for them to have a relationship with the company like ours, it's
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  a win win for them. I mean, they're making their customers happy.
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  We're obviously happy. So it's uh, it's uh. We're looking forward to
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  multiple relationships with with smelters, right, and can you see off sighting another
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  plant perhaps near a smelter or near several of them. I assume most of
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  the smelters are located in close proximity to one another. Well, most of
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  the smelters are on the on the east side, all Colabella the US.
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  Uh, we we we will, we will. We're talking about where we're
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  going next, curious. Notice it's not it's not definitely yet, but it's
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  something which we're going to be discussing with our joint venture partner, Davis Recycling,
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  but probably on the western side of the US would be a beneficial place
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  to go for that way. Okay, so that's that's in the future obviously.
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  Yeah, and and Rick, as far as what the material, the
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  raw material that Davis Recycling is providing you with, that's all turning out as
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  expected. Yes, Yeah, we that we've got the size them, trail
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  for input all figured out, working through that together and yet supplies is very
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  good. And yeah, we can we can see that ramping up here.
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  In short order. We want thank you both gentlemen for this update. For
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  anyone, I suggest you go over to the company's website, which is regen
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  x dot tech and take a further look. And of course the ticker symbol
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  in the US is r g x TF. If you got any questions,
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  well, I suggest you sign up on the website for notifications so you will
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  find out exactly when commercial production begins. Guys, I'm expecting expecting amazing things
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  out of the company. Like I said, I've got a holding in it,
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  a substantial holding, and I think we could see many multiples of where
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  the stock is currently at. I wish you the best and we'll catch up
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  in a couple of months. Kay. Thank you. The Financial Survival Network