WTS CONTRACTS NAVY'S WAR-FIGHTER MOTOR

by deddaisy 16 Replies latest social current

  • Incoherant
    Incoherant

    Has anyone noticed the percentages don't add up or am I missing something here??????

  • deddaisy
    deddaisy

    incoherant,
    they certainly don't....that's why I noted that only
    "their bookkeeper knows why the numbers don't add up."

    edited to correct and delete link, which won't work.....
    I saw one of Regi's SEC Filings posted, and its percentages of ownership did not add up either...so I went and checked other Regi SEC Filings and none that I saw added up....perhaps this is common? I can't imagine not catching such an error.....well, that's really irrelevant anyway......
    COMPANY: REGI U S INC
    CROSS-REFERENCE: SKY TECH INC
    TICKER: RGUS
    EXCHANGE: OTH

    FORM-TYPE: 10-K

    DOCUMENT-DATE: April 30, 2001
    FILING-DATE: August 13, 2001

    Full text Company info Contents Other Return

    Special Printing Instructions for this Document.

    * * * * * * * * * * * * * * * * TEXT OF FILING * * * * * * * * * * * * * * * *

    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
    _______________________________

    FORM 10-KSB

    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
    THE SECURITIES ACT OF 1934

    For the Fiscal Year Ended April 30, 2001
    REGI U.S., INC.
    -----------------
    (Name of small business issuer as specified in its charter)

    OREGON 91-1580146
    (State or other jurisdiction of (I.R.S. Employer
    incorporation or organization) Identification Number)

    185 - 10751 SHELLBRIDGE WAY
    RICHMOND, BRITISH COLUMBIA V6X 2W8, CANADA
    ------------------------------------------
    (Address, including postal code, of registrant's principal executive offices)

    (604) 278-5996
    (Telephone number including area code)
    ITEM 11. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

    The following table sets forth, as of July 31, 2001, our outstanding Class A
    Common Stock owned of record or beneficially by each person who owned of record,
    or was known by us to own beneficially, more than 5% of our Common Stock, and
    the name and shareholdings of each Executive Officer and Director and all
    Executive Officers and Directors as a group. A person is deemed to be the
    beneficial owner of securities that can be acquired by such person within 60
    days from the date of this report upon the exercise of warrants or options. Each
    beneficial owner's percentage ownership is determined by assuming that options
    that are held by such person and which are exercisable within 60 days from the
    date are exercised.


    24

    Name Class A Shares Owned
    Percentage of
    Class A
    Shares

    Owned

    John G. Robertson, Chairman of the Board
    of Directors, President and Director (1) (2)
    5,966,050 58.37%
    The Watchtower Society (3)
    5,257,900 51.44%
    James McCann (4)
    5,257,900 51.44%
    Rand Energy Group Inc. (5)
    5,257,900 51.44%
    Jennifer Lorette, Vice President and
    Director (6)
    85,500 *
    James Vandeberg, Chief Operating Officer
    and Director
    75,000 *
    Patrick Badgley, Vice President, Research
    and Development and Director

    75,000 *
    ALL EXECUTIVE OFFICERS &
    DIRECTORS AS A GROUP (FOUR
    INDIVIDUALS) (7) 6,201,550
    60.67%

    Except as noted below, all shares are held beneficially and of record and each
    record shareholder has sole voting and investment power.
    ______________________________________________________________________
    (The SEC Filing is lengthy. If anyone wants to read it, I'll post it.)

  • TheOldHippie
    TheOldHippie

    None of the links worked for me .
    Could some enlightened US citizen please have mercy upon us poor uninformed Europeans, and give a short outline of what this really is about? Does the Society hold shares in firms or businesses, and is a business included here, which produces parts which are used for weapons or by the military? Is that what it is all about? Me, I have no hidden agenda, I just want to know, please?

  • deddaisy
    deddaisy

    OldHippie,
    The blasted links aren't working because all the databases I use require I.D. and passwords, that's why I didn't provide them initially, I didn't think they'd work. Then yesterday I tried one and it seemed to work, so I posted the other. Now today?

    In a nutshell, REGI-US was awarded, along with ACR, a U.S. NAVY CONTRACT to BUILD AND TEST A NAVAL ENGINE WHICH WILL BE USED TO
    POWER THE U.S. NAVY'S
    NEW SMART WAR-FIGHTER
    ARRAY OF RE-CONFIGURABLE MODULES LOW COST UNMANNED AERIAL VEHICLES.

    this in itself is nothing, BUT
    if you take a look at REGI-US's FINANCIAL DISCLOSURE, IT SHOWS
    WATCHTOWERSOCIETY
    HOLDING 54.11% OF REGI U.S.

  • deddaisy
    deddaisy

    just came across this on the newswires...check out the last paragraph....

    Copyright 2002 Business Wire, Inc.

    May 29, 2002, Wednesday

    HEADLINE: REGI U.S., Inc., Reg Technologies, Inc. Sign License Agreement With Radian
    Incorporated for Unmanned Autonomous Vehicles -- UAV's

    DATELINE: VANCOUVER, British Columbia, May 29, 2002

    BODY:
    Reg Technologies, Inc. (CDNX:RRE.V)(OTCBB:REGRF) and its U.S. subsidiary REGI U.S.,
    Inc. (OTCBB:RGUS) wish to announce that an agreement has been completed with Radian to grant
    an exclusive license for the manufacture of Rand Cam(TM) Diesel Engines within the United States,
    for applications in Unmanned Autonomous Vehicles (UAV's), over 10 horsepower, including
    non-exclusive rights to the worldwide sales for this application.

    Radian agrees to the following terms and conditions:

    -- Agrees to the fabrication and testing of a prototype Rand Cam(TM) Engine and based on
    completing a working version of the prototype, agrees to give the prototype engine to Reg in order
    to maintain the Radian license. -- Agrees to pay REGI U.S., Inc. $100,000 U.S. minimum annual
    royalty, five years from the date of this agreement.

    -- Agrees to pay a 6% royalty on sales of engines, parts and service used in UAV's including 6% of
    all funding received from the Government and Military sources to develop and manufacture the
    Rand Cam(TM) Technology.

  • BugParadise
  • deddaisy
    deddaisy

    hey ERIEGUY,

    I"ll save you the trouble!!!!!!

    "please don't confuse THIS SCANDAL with

    THE PEDOPHILE SCANDAL.........."

    (ERIEGUY IS ATTEMPTING TO MAKE IT LOOK LIKE THIS SCANDAL IS NOT A SCANDAL

    EVEN THOUGH HE KNOWS IT IS, BUT HE BELIEVES IF HE RUNS HIS MORONIC MOUTH THAT HOPEFULLY SOME

    IGNORANT PEOPLE WILL BELIEVE THAT THIS ISN'T A SCANDAL AND THEREFORE

    THEY MAY DOUBT THE PEDOPHILE SCANDAL ALSO...........

    OH, BUT THE IGNORANT PEOPLE DON'T BELIEVE THAT THE WTS COULD POSSIBLY BE INVOLVED IN ANY SCANDAL ANYWAY.........

    SO ERIEGUY MUST BE A MORON...........................................POOR ERIEGUY......)

    http://www.jehovahs-witness.com/forum/thread.asp?id=30058&page=2&site=3#425027

    stay tuned for more pleas from ERIEGUY to "TAKE THE PEDOPHILE SCANDAL SERIOUSLY." (thank God for ERIEGUY, if not for his comments, noone would take the child molestation in the WTS seriously..........)

    Edited by - deddaisy on 16 July 2002 14:43:35

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