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Gold/Mining/Energy : Reg Technologies Inc.

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To: JOHN F. MORGAN who wrote (68)9/4/1997 9:30:00 AM
From: John Squires   of 825
 
Hi John,

Thanks, yes, I received the news release via fax yesterday and it sounds promising. Did you ever hear the story about someone who invented a carburator which could get something like 50 miles to the gallon. The story goes that the oil companies bought up all the rights to it and put the technology under lock and key. I didn't see in the report any mention of fuel economy, but I would think vapourized fuel would go a lot further than liquid. The news report almost makes me want to average down my investment at this time. The next new release I see, I hope it says; "The Rand Cam Rotary Engine has completed testing and is ready for production under a license agreement with a Blue Chip company which will also apply the Air Vapour Fuel Cell System to the engines." I would imagin that the Fuel Cell will be strictly for generators and small engines - not for automobiles. There must be a huge market for small efficient engines. Anyway, I'm glad that Reg didn't let me down and came out with a timely new release to convince me to hold the stock.

John
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