Regenicin (RGIN) 10-Q2016 Q2 Quarterly report

Filed: 23 May 16, 12:00am

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Legalese
Litigous
Readability	8th grade Avg

New words: accumulated, calendar, Carbon, clause, conform, CPR, CRO, customer, deficit, Derm, draft, DSMB, efficient, Exhibit, favored, guaranteeing, list, Nova, NovaDermTM, objective, outflow, Polymer, processing, reclassified, repayment, tradmark

Removed: conversion, derivative

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Material

Testing

Laboratory

Carbon&PolymerResearch,Inc

3ArvidaDrive,PenningtonNJ08534(businessoffice)BovineCollagenProducts.com,(609)730-0575

May16,2016

RandyMcCoy RegenicinInc

DearMr.McCoy,

Carbon&PolymerResearch,Inc.ispleasedtoprovidethisquoteforyourrequestofcolumnarcollagen pads.Uponreceivingpaymentfor½oftheinitialorderestimatedatthistimetobe200pads @$100/eachandasetupfee(tbd),wewillupgrade/acquireafacilitytomanufacturethecolumnar collagenpads.ThisrepresentsourleadpricingatthistimeandwillbesubjecttoaMostFavored CustomerclauseguaranteeingRegenicin,forthetermofthiscontract,pricesequaltolowestprice,of likeproduct,soldtoanyothercustomer.

Thisquotationreflectsthecostsinvolvedintheprocurementofmaterials,productionofsamples,and anyrelatedengineering,serviceorproductinvolvedtoRegenicinInc.Itdoesnotincludethetransferof technologyorspecificprocessdetailsthatareconsideredproprietarybyCarbon&PolymerResearch, Inc.

Terms:	Aninvoicewillbegenerateduponcompletion.Net30days.50%downpaymentrequiredtoinitiatetheproject,and50%dueatthetimeofinvoice.
LeadTime:	Leadtimesarequotedbasedoncurrentorderbackloganddeliverywillbeconfirmedatthetimeyourorderisplaced.
Cancellation:	Thisquotationisnon-cancellableandproductisnon-returnable.AllquotedpricesareinUSdollarsandFOBCarbon&PolymerResearch,Inc.
Packaging:	Packagingtobeprovidedanddeterminedbyusatnoadditionalcharge.

/s/ J. Roy Nelson

J.RoyNelson,Ph.D.

MaterialTestingLaboratory

Carbon&PolymerInc.

/s/ Randall E. McCoy

RandalE.McCoy,CEO

Regenicin Inc.

Disclaimer:

Dr.NelsonisanemployeeofRegenicinInc.

Dr.NelsonisPresidentofCarbon&PolymerResearch,Inc.anindependentlaboratoryservicingthe pharmaceuticalindustriessince1988andisFDAregistered&audited.

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