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Gold/Mining/Energy : Reg Technologies Inc.

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To: STEVE G who wrote (97)	11/29/1997 9:59:00 AM
From: John Squires	Read Replies (1) of 825

Steve, I saw Reg Technologies' ad in the Corporate News section of the Investor's Business Daily this morning. I didn't get as excited as I thought I would. It just told about more promising tests they are doing. This has been going on pretty much for the past four years that I have been following the company. I believe it's a waste of money with these ads. Reg has touted their test in the past in the Investor's Business Daily and stock continued to decline. I think investors are getting wise to articles about TEST, INITIAL TRIAL STUDIES, EXTESIVE RESEARCH, RESULTS, ect. ect.. and move on to companies where there is actual prodcution and sales taking place. I don't know if you follow their other company IAS, but it's pretty much all about tests also. It's listed on the nasdaq bulleting board under the symbol iasca. I am not going to dump my shares in either company as someday there may be nothing left to test and the products will come to market. Either that or they will continue to pick up new ideas to TEST. Anyway, it's all very interesting even if the company doesn't make a dime. John

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