The Watchtower Society - 50% Share holder of Military Company?

by stevenyc 20 Replies latest watchtower scandals

  • AlmostAtheist
    AlmostAtheist

    I have heard (on this site, I believe) that the Watchtower sometimes gets stock bequeathed to them in trust. In other words, I leave my stock portfolio to them at my death, but with the priviso that they only get the income from it and do not actually have any control over the stock itself. The end result is that they could wind up with their name on practically any sort of stock -- even in a tobacco company -- without any effort on their part and without any way to get out from under it. (A good excuse to not try)

    Does anybody know when they obtained the stock that the research shows them having? Did they buy it on the open market, buy it as part of a mutual fund, or wind up with it as a "gift" from someone else?

    Dave

  • DevonMcBride
    DevonMcBride

    Unfortunately, that SEC report is a few years old. If you look at the latest SEC report from Reg Tech, the Watchtower is not listed at all.

  • avengers
    avengers

    I started a thread about this some years ago. It's called: "The Watchtower has a deal with the Navy."

    http://www.jehovahs-witness.com/11/32179/1.ashx

    Finally the WT gave the shares back to the brothers who gave it to them.
    I don't think they would have if they would not have been pressured to do so.
    I still don't understand why these two brothers were not DF 'ed.

    Andy

  • RescueMe
    RescueMe

    The latest information I was able to locate (doing only a brief search)

    REGI US Inc#1103-11871 Horseshoe Way
    Richmond, BC V7A 5
    Phone: (604) 278-5996
    Fax: (604) 278-3406

    DETAILS
    Index Membership:N/A
    Sector:Capital Goods
    Industry:Misc. Capital Goods
    Employees (last reported count):2

    So the membership is listed as N/A

    This was the latest SEC statement I could find, and it only lists the company officers, but states that it's majority is owned by Rand Cam

    http://yahoo.brand.edgar-online.com/doctrans/finSys_main.asp?formfilename=0001062993-04-002090&nad=

    Reg Company Information

    Company Information
    Contact InfoOfficers & Board Members
    Head Office:
    Reg Technologies Inc.
    Suite 1103, 11871 Horseshoe Way
    Richmond BC Canada V7A 5H5
    Phone:604 278-5996
    Fax:604 278-3409
    Website: www.regtech.com
    Other Locations: N/A
    Fiscal Year End: Apr 30
    Auditor: Manning Elliott, Chartered Accountant
    Employee Count (2003/2002): N/A / N/A
    NAICS Codes: 336312, Gasoline Engine and Engine Parts Manufacturing    		Officers:
    John G. Robertson, President;
    Board Members:
    Patrick Badgley, Brian Cherry, John G. Robertson, Susanne Robertson,
    Summary
    Ownership Class: Publicly-traded corporation
    Description:
    Engaged in developing and commercially exploiting an improved axial vane type rotary engine.
    Stocks:
    TSXVE: RRE
    Status:
    Common shares listed on the TSX Venture Exchange; British Columbia Charter, 1982.
    Related Companies:
    Subsidiaries:
    Rand Energy Group Inc. (51% interest)
    Similar Companies:
    Wescast Industries Inc. Tesma International Inc. Martinrea International Inc. Omni-Lite Industries Canada Inc.
    Other Info: N/A
    Research Links: Sedar Documents Sedar Profile


    http://stockhouse.com/comp_info.asp?view=&Displaycurrency=&symbol=RRE&table=list
  • RescueMe
    RescueMe

    Avengers, Thank you for the link and the information.

  • sf
    sf

    This is all old light, but thanks for refreshing it for newer members of this forum.

    Watchtower’s Investments in Warfare Technology
    Watchtower’s Investments in Warfare Technology "The first casualty of war
    is The Truth.". Purpose The purpose of this review article ...
    www.geocities.com/wtgreed/article.htm - 43k - Cached - Similar pages

    WTS & Rand Cam
    WTS & Rand Cam. Posted by Amazing [Anointed] on September 15, 2000 at 15:58:37
    {ytkgB1hrLU0hi4VK0MIQASIIcexUto}: Hello Everyone: ... Rand Cam Engine Corp. ...
    www.freeminds.org/h2o/283202.html - 5k - Cached - Similar pages

    sKally

    sKally

  • RescueMe
    RescueMe

    Before I go searching, does anyone know offhand exactly how long the WTS had this stock before they got rid of it?

  • BluesBrother
    BluesBrother

    It should also be noted that the WTS issued a denial of ever holding the stock. I believe the wording was something like , brothers arranged to donate shares in the company and the Company "Erroneously" listed the WTS as shareholders. I received a letter from Patterson at the time which has been scanned on to the net elsewhere.

  • rebel8
    rebel8

    That is VERY interesting! Adding it to my topics for further research.

  • TheEdge
    TheEdge

    There's people here with ''fingers on the pulse'' - am sure they can update ta all in advance !!

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