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Gold/Mining/Energy : Reg Technologies Inc.

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To: John Squires who wrote (63)	9/2/1997 1:43:00 PM
From: JOHN F. MORGAN	of 825

John: I have been in almost that long. Hold stock but not options. I am like you about getting excited. I have been dissappointed too often. I am still hoping that this time it is for real. If this ever comes to fruition it will be tremendous but goes hot and cold with no definite time frame. I have adopted the attitude that it is better to not be in early and to recognise the move upward. Problem is that when you have been dissalusioned, you dont believe the move. I am crossing my fingers hoping that this time is real. When do the options expire? John

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