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Gold/Mining/Energy : Reg Technologies Inc.

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To: Marty Lee who wrote (112)12/12/1997 8:56:00 AM
From: John Squires  Read Replies (1) of 825
 
Hi Marty,

I don't believe Reg is fraudulant at all. They have been around too long and their stock has not been that volatile for insiders to benefit. I believe they are just way undercapitilized for the projects they are attempting.

I have personally met management and I am sure they believe in the projects. To accomplish what they want in a shorter time period would take a lot bigger R & D department than they presently have.

I'm suprised they have gone as long as they have with out going out for more capital. I guess it gets to a point that it is impossible to convince people to give you more capita so you make do with what you have.

I agree with you on calling the IR Dept. After four years I have quite calling as I have pretty well memorized their response.

All for now. Lets just hang in there together and hope the worst we have is a long term GOOD investment.

JOHN

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