they did not sell radcam stocks

by galaxy7 3 Replies latest jw friends

  • galaxy7
    galaxy7
    http://www.sec.gov/Archives/edgar/data/922330/000106299302000371/form10k.txt

    I thought they sold the stock in radcam..they didnot!

    Rand Cam Engine Corp. is a privately held company whose stock is reportedly
    owned 50% by The Watchtower Society, a religious organization, 34% by James
    McCann and the balance by several other shareholders. Mr. McCann has indicated
    that he donated the shares held by The Watchtower Society to that organization
    but has retained a voting proxy for those shares. Accordingly, in Notes (3) and
    (4) above, beneficial ownership of the 5,073,200 shares registered in the name
    of Rand Energy Group Inc. has been attributed to The Watchtower Society and Mr.
    McCann. We believe it would be misleading and not provide clear disclosure to
    list as beneficial owners in the table the other entities and persons discussed
    in this paragraph, although a strict reading of Rule 13d-3 under the Securities
    Exchange Act of 1934 might require each such entity and person to be listed in
    the beneficial ownership table.

  • Gerard
    Gerard
    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, 2002

    COMMISSION FILE NO. 0-23920

    -------------------------------

    REGI U.S., INC.
  • galaxy7
    galaxy7

    sorry I should have read earlier posts,

  • Gerard

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