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Watchtower’s Investments in Warfare Technology.

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willow the wip

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Watchtower’s Investments in Warfare Technology.


http://myweb.tiscali.co.uk/amandasjourn ... center.htm

Click on he link to read the articles

Anonymous Investigation contributed,
The Watchtower’s Investments in Warfare Technology.

The first casualty of war is The Truth.

Jehovah's Witnesses are making money on war !

The Weapons Producer in which the Watchtower owns
a fear chunk of stocks!

The Watchtower Bible & Tract Society Owns Bomb Factory ?

REGI stockbroker report shows military connections for Rand Cam.

Watchtower Society Owns Bomb Factory????
 
willow the wip said:
Watchtower’s Investments in Warfare Technology.

Time to get fresher information, this all came up about 2 years ago and is pretty much a dead issue.

Jehovah's Witnesses are making money on war !

During the period of time when a portion of the stock of that company was donated to the Watchtower, did that company make any money? Did the stocks pay off any dividends? It's all public record, look it up yourself.

Ok, now that you've done that (ha ha), are you sure you want to put this in your message: "The first casualty of war is The Truth."
Because it is not true that they made any money from that stock that was donated.

The Weapons Producer in which the Watchtower owns
a fear chunk of stocks!

They don't make weapons, the make small motors.
And I invite you to again check the public records and SEC filings, you will not find that the Watchtower owns any part of that company.


The Watchtower Bible & Tract Society Owns Bomb Factory?

Again, if you want to stand by your statement "The first casualty of war is The Truth" then the only possible way you can answer your own question is by saying "No", othwise you are lying.


REGI stockbroker report shows military connections for Rand Cam.

Watchtower Society Owns Bomb Factory????

They are not a bomb factory and have never been a bomb factory and the Watchtower does not own them and never profitted from them in any way.

"The first casualty of war is The Truth"

Indeed...

Try doing your own research next time.

-R
 
Anonymous Investigation contributed
The Watchtower’s Investments
in Warfare Technology

The first casualty of war is The Truth.

Anonymous

Introduction

The Watchtower Bible and Tract Society (WT) portrays itself as a pacifist, neutral, non-profit Christian religion organization and a "direct channel to God". As a sign of respect to God, Watchtower’s members – the Jehovah’s Witnesses – can not take part in any political, governmental nor military organization and can not perform business transactions with such institutions. Under some bizarre prophetic speculation, the WT teaches its members that the United Nations is the embodiment of "The Beast" spoken of in the bible book of Revelation and that Earth is "Satan’s Kingdom". They claim the only safe group to be, grow and reach salvation is the Watchtower Bible and Tract Society of New York, Inc. (WT). The WT demands its members high moral, social and "Christian" standards while condemning immorality and materialism.

The witneses say "We laud Jehovah as the Universal Sovereign, 'dwell' in him as our Source of security, and declare the good news of his Kingdom". (Matthew 24:14) Therefore, 'no calamity will befall us'....Anointed Christians s they are called are like alien residents living in tents apart from this system of things. (1 Peter2:11) Whether our hope is heavenly or earthly as the witnesses teach, they are not infected by such spiritually deadly plagues as its immorality, materialism, false religion and worship of 'the wild beast', the United Nations.-Revelation 9:20,21; 13:1-18.....Angels have been given power to protect us. They guard us 'in all our ways.' The witnesses say they enjoy angelic guardianship as Kingdom proclaimers and do not stumble spiritually."

The Watchtower 2001/11/15

Purpose

The purpose of this article is to determine whether the Watchtower Society (WT) owns shares of common stocks of armament-related industry and if positive, determine if they perform business transactions with the U.S. Department of Defense.

Main Information Sources (Accessible trough enclosed hyperlinks. Note: In some cases the referred documents are extensive so electronic word searches are recommended).

1. Reg Tech/Regi News releases.

2. Advanced Ceramics Research

3. U.S. Navy

4. U.S. Department of Defense

5. U.S. House of Representatives

6. U.S. Securities and Exchange Commission (SEC)

The primary mission of the SEC is to protect investors and maintain the integrity of the securities markets. To achieve this, the SEC requires public companies to disclose meaningful financial and other information to the public. The SEC also oversees other key participants in the securities world, including stock exchanges, broker-dealers, investment advisors, mutual funds, and public utility holding companies. The SEC is concerned primarily with promoting disclosure of important information, enforcing the securities laws, and protecting investors who interact with these various organizations and individuals. Crucial to the SEC's effectiveness is its enforcement authority.

Partnership relations between of these companies are so tight they call themselves "Sister Companies". Rand Cam Engine Corp. is a privately-held company and not much data was available. Reg Technologies Inc. is a Canadian investor’s group that since 1986 has financed most of the research done on the Rand Cam™ engine. Rand Energy Group Inc. was created in October 1986 and it is controlled by both Rand Cam Engine Corp.; Rand Energy Group Inc. controls Regi U.S. Inc., which is ultimately controlled by its main investor: Reg Technologies Inc. Both the private and common stocks held by the Watchtower Society on the "Sister Companies" were donated. The focal point of this group is to market a new engine technology called Rand Cam ™ (RC™). It is important to not confuse any of these with un-related companies such as Rand Financial services, Rand Worldwide, etc.

Finances

The basic research and development work done on the RCâ„¢ engine and other products is being coordinated and funded by Reg Tech.

REGI US Inc. was created in 1986 and it does not own properties. They currently utilize office space leased by Reg Tech in a commercial business park building located in British Columbia, Canada. REGI’s only assets are their intangible assets, being patents and intellectual property rights. They do not have employees other than a Marketing Corporate Director and a design engineer. The majority of prototype construction and testing costs continues to be borne by potential licensees and manufacturers. REGI owns 5,073,200 shares and plans to sell shares as needed to meet their ongoing funding requirements if traditional equity sources of financing prove to be insufficient. REGI US Inc. has not generated any revenues nor profitable operations since inception and has a severe working capital deficit as of April 30th 2002, of $5,308,000. In September 21st 1994, Reg Technologies Inc. announced that REGI US Inc. (its subsidiary) had started trading on the OTC Bulletin board (Symbol RGUS) but the actual SEC registration is dated 06/06/1996 (REGISTRATION STATEMENT NO. 33-96974). Insiders of REGI now currently hold 6,017,850 common shares, representing control of approximately 53.31% of the total voting power. Accordingly, the present insiders continue to elect all of their own directors and generally control their affairs.

Patents, Rights & Agreements

* Rand Energy Group, Inc. owns the RCâ„¢ technology worldwide rights exclusive U.S. since 1992, whereas REGI owns the U.S.A. rights to the RCâ„¢ technology and its variations.

* In October 2000, Reg Technologies Inc. acquired a 50% interest in the rights to a H2O hydrogen separator technology.

Some of REGI’s patented products derived from the RC™ Technology are:

* A compressor, a pump, the Cold Turbine Engine Generator and the Rotary Diesel Engine prototypes.

* In 1995, REGI bought for $200,000 a limited sublicense to market and distribute in Canada the rights to Machine Vision Technology, but in October of the same year it sold it to Reg Technologies, its main investor. This technology has industrial and medical applications but is also being tested for the military’s "Intelligent Transportation Systems" for missiles.

* In May 1994, Reg Technologies, Inc. entered into a consortium agreement with Hercules Aerospace Company to further develop the diesel version of the RCâ„¢ Engine in concert with the West Virginia University team.

* In 1995, Hercules Aerospace Company merged withAlliant TechSystems, Inc and Alliant completed the drawings on the Diesel Engine under a contract signed with REGI US Inc.

* In 1996, several new aircraft engine prototypes were designed along with Global Aircraft Corporation for the General Aviation Propulsion (GAP) program by NASA. This $8.5 million program fell apart in November 1996 when REGI’s prototype engine leaked oil during the final tests (this is an inherent problem of most rotary engines). This contract was not awarded.

* In December 6th 2001, Watchtower’s "Sister Companies", publicly announced that a $850,000 U.S. Navy Topic# N01-144 (contract # N00014-01-M-0208) had been awarded to Advanced Ceramics Research prime contractor , and REGI to build and test a Naval 0.5 horsepower ceramic engine which would allow for low radar signature and high temp operation. This new motor is being developed for powering the U.S. Navy's new Smart War-fighter Array of Re-configurable Modules (SWARM), a low cost unmanned aerial vehicle (UAV).

* Recently, two more programs have just been funded (NAVY CONTRACT #s N41756-02-M-2026 and N41756-02-M-2037) by the Naval Surface Weapons Center for the development of high efficiency ceramic diesel engines for SWARM applications. The designs under development in these programs are scalable to larger conventional drone sizes. The ceramics reduce the need for lubrication oil, increase the operational temperature in the combustion and eliminate metal from the engine to reduce weight and improve detection avoidance. In July 2002, the Office of Naval Research tested Advanced Ceramics Research's drone in Simi Valley, Calif., said Allen Moshfegh, science officer working on robotic warfare developments for the Navy. The small craft successfully completed maneuversbefore high-ranking Defense officials. The test was part of an ongoing series of demonstrations the company hopes will result in huge demand for the aircraft. In its current prototype phase the handcrafted fiberglass and foam SWARM units run about $20,000 each. With injection-molded components and ramped-up production, the price should drop to about $ 5,000 next year, and fall to below $ 2,000 by 2004. An important feature of the SWARM concept is that one operator will be able to operate 10 or more drones as compared to current technology, which requires 10 to 20 operators to operate one drone.

* In April 4th 2002 REGI announced that they signed an agreement to grant a 5-year contract to Advanced Ceramics Research for the RCâ„¢ based motors up to 10 H.P. or for the SBIR No 1-144 Navy Contract. REGI will receive a royalty fee of 5% of the purchase price for the commercial and Navy applications.

* In May 29th 2002, REGI signed a license agreement with Advanced Ceramics and Radian Milliparts to further develop their Diesel Cam technology for the US Navy’s Unmanned Autonomous Vehicles (UAVs).



Results

1. The Watchtower Society, a religious organization, owns a large percentage of (at least) three "Sister Companies": Rand Cam Engine Corp., Rand Energy Group Inc., and Regi U.S. Inc. These companies are dedicated to research & development and marketing of Rand Camâ„¢ engine technology of which they own the rights and several patents.

2. None of the Watchtower’s "Sister Companies" fabricate neither bombs nor ammunition of any kind. However, REGI’s management systematically seeks out –and has obtained- U.S. Department of Defense’s awards, funding and subcontracts to supply the U.S. Department of Defense with RC™ technology. REGI’s management has signed numerous agreements with some powerful warfare-technology contractors. A military expert as Marketing Corporate Director now leads REGI.

3. The Watchtower’s BOD have concealed the truth about these assets and their transactions with NASA and the U.S. Department of Defense from its own members.

Discussion

The Watchtower Society owns 50% of Rand Cam Engine Corp. which owns 49% of Rand Energy Group Inc. In addition, The Watchtower Society owns 44.9% of REGI U.S. Inc. These three "Sister companies" -as they have called themselves- are mostly financed by Reg Technologies Inc. which ultimately controls REGI U.S. Inc.

REGI’s first press release dated May 11, 1994 opens up with enthusiasm to have a product with which they can tap into an annual $20 Billion market and plans to align the U.S. Department of Defense as their first customer:

"Reg Technologies, Inc. entered into a consortium agreement with Hercules Aerospace Company (a Fortune 500 Company) to further develop the diesel version of the Rand Camâ„¢ Engine in concert with the West Virginia University team. The diesel engine will be developed for military and commercial applications. The annual market potential for the diesel engine market in North America is $20 Billion U.S.. Reg Technologies, Inc. plans to license Hercules, Inc. for Department of Defense applications in consideration for the development and commercialization of the Rand Camâ„¢ Diesel Engine, and other benefits to Reg Technologies, Inc.

The management of Reg Technologies, Inc. is confident that the ensuing year will result in a successful working model of the Rand Camâ„¢ Engine that will produce significant revenue from license agreements. The Wankel Rotary Engine generated $200,000,000.00 from license rights in the 1960's."

Since their creation, the "Sister companies" have systematically sought out awards and subcontracts from NASA and the U.S. Department of Defense. To this effect, A MILITARY EXPERT was appointed as REGI’s Marketing Corporate Director. Mr. X (name withheld) offers to the "Sister Companies" 30 years experience in the aerospace and aircraft industry, as Corporate Marketing Director and Federal Government Affairs Director. He has been involved as a contractor and/or consultant for the Department of Defense, Naval Sea Systems Command; Naval Air Systems Command and Defense Advanced Research Projects Agency. Mr. Mr. X also has created a company which been appointed as agent for REGI U.S., Inc. to raise up to $6 million (U.S.) on a non-exclusive basis. A 5% agents fee of the total funds received from contacts introduced by Mr. X’s company will be paid for funds raised, license fees, royalty payments and contract fees.

"We believe that Mr. X’s extensive expertise in government relations and advanced technologies marketing will be a valuable asset to marketing the Rand Cam™ projects and raising substantial funds for REGI U.S., Inc." "We are currently making presentations to the U.S. military which could result in additional government funding if the diesel engine prototype meets with its approval."

Now lets consider some of the products the Watchtower’s military expert handle and their targeted markets:

Machine Vision Technology (MVT) The "Sister Companies" own the Canadian rights to MVT. This system is currently under development by the Carnegie Mellon University (experts in artificial intelligence). The MVT device records images by their spectral "signature" and it has industrial and medical applications. But there is an ongoing project to adapt it for warfare purposes: When on board an airborne vehicle, it allows for highly selective discrimination among objects or targets of nearly identical spatial or even spectral signatures. Its inventors call it "Intelligent Transportation System". The system is far more complex than GPS-guided missile technology and it reportedly holds great promise for military applications because it can discern between nearby friendly and enemy vehicles even when camouflaged. A simulated battlefield scene was set where they placed tanks of the same color, but their armor had different spectral signatures. A background consisting of other tanks, vegetation, sand and water was used in testing the device. The suppression algorithm was able to tell the difference between tanks and therefore, identify enemy tanks.

The "Sister Companies" own a limited sublicense to market and distribute Machine Vision Technology in Canada. Although this system is being tested for the military, it was NOT evident to this researcher whether this technology has been sold and/or used for "smart bombs" manufacture within Canada or any other nation.

Rand Cam™ Engines’ original plan was well specified, as their FIRSTnews release from May 1994 declared:

"U.S. Reg Technologies, Inc. plans to license Hercules, Inc. for Department of Defense applications in consideration for the development and commercialization of the Rand Camâ„¢ Diesel Engine, and other benefits to Reg Technologies, Inc."

Note that this accord with Hercules was not a partnership but an agreement. Then in 1995, Hercules Aerospace Company merged with Alliant TechSystems Inc. Alliant completed the drawings on the Diesel Engine under a contract signed with REGI US Inc. The designs and drawings were paid and no royalties are to be to be paid to Alliant.

It is remarkable that Watchtower’s "Sister Companies" have signed several agreements with various companies dedicated to warfare technology. Consider some of REGI’s clients:

* Hercules Aerospace Company. Products: Missile propellants and warheads. Design and manufacture of solid propulsion rocket motors and composite structures. (Bought by Alliant TechSystems).

* Alliant TechSystems, Incnow has $1.3 billion in annual sales of a repertoire of products including: Small-caliber military ammunition, rocket propellants, commercial and military smokeless powder, law enforcement and sporting ammunition, ammunition related products, strategic missiles, missile defense interceptors, gun-launched precision-guided munitions, electronic warfare systems, soldier systems, propulsion for missile defense systems, composite structures for aircraft and weapons systems, medium-caliber and tank ammunition, medium-caliber gun systems, high-performance batteries for military and aerospace applications, tactical barrier systems, tactical missile rocket motors and warheads.

* Advanced Ceramics Research (ACR) has performed nearly $6 million in military work.

* RADIAN MILITARY PARTS is a key supplier of engineering, logistics systems integration services to the U.S. Department of Defense. It delivers "perfect quality parts for weapon systems."

* RADIAN The Engineering Division provides comprehensive support to the U.S. Department of Defense’s weapon systems managers. It> operates from facilities adjacent to several key U.S. military installations.

* Engineered Support Systems, Inc has recently acquired RADIAN for $41.7 million U.S. in cash and shares. EASI is a diversified supplier of high tech integrated military electronics support equipment and logistics services to all branches of the U.S. armed forces and certain foreign militaries.

SWARM

The basic concept was developed at the Naval Surface Warfare CenterCarderock division. Careful consideration went into the decision to make the SWARM an expendable vehicle. The primary reason it will be expendable is that the major cost for any system is maintenance, not acquisition. This means the SWARM will incur no maintenance costs. The SWARM project was actually launched by ACR in June 2000 with a $70,000 US Navy contract for a small UAV originally designed to locate and mitigate whales near Navy ships. The small SWARM aircraft bearing the engine in question, will be primarily used for intelligence, surveillance and reconnaissance roles, but payloads, the sensors and the packages can be tailored to the mission.

swarm.jpg


The US Navy officials who evaluated the prototype’s performance did not only approved it, but SWARM concept was quickly expanded far beyond whale-watching and into developing UAVs that can be easily reconfigured to accommodate a multitude of payload and mission requirements over hostile territory. As an example, one such new concept is to equip SWARMS with Global Positioning System (GPS) Jamming Situational Awareness for Naval Surface Fire Support (NSFS); This information is then passed to the GPS-guided weapon prior to launch. The SWARMs then provide data directly to the projectile in flight to support this back-up navigation mode. There are some Defense awards to develop the use of SWARM for surface to air missile (SAM) site continuous monitoring as well as other awards to develop an advanced low-cost turbojet engine for UAVs.

The SWARM project has recently gained additional support from the US House of Representatives as in May 10th 2002, Arizona’s Congressman announced:

"…the programs that support our armed forces in the fight against global terrorism in the 2003 Defense Authorization Act passed the House early this morning."…"These programs, critical to our national security, received the necessary authority in the defense bill for us to continue conducting the War Against Terrorism. This bipartisan bill recognizes that we are a nation at war, and provides the manpower, the equipment, and the technology that the United States military needs. Southeastern Arizona plays a pivotal role in our national security, and I am pleased that our requests were accepted".

Two of his accepted requests are:


SWARM UAV Program: $5 million above the president’s request for these lightweight, low cost and expendable UAVs for ship perimeter defense, marine mammal detection, submarine detection, and tactical support for ground troops and special operations forces developed at Advanced Ceramics Research in Tucson.

UAV Facility: Accelerates from 2005 to 2003 this valuable Ft Huachuca project to construct buildings for instruction, flight operations, and maintenance of UAVs, valued at $10.4 million.
Conclusion

Confirmation of the Watchtower’s possession of such investments and subsequent contributions to warfare technology are not inconsequential. In fact, it has a profound effect on Jehovah Witnesses’ confidence on their leaders. It is interesting that if a Jehovah’s Witness questions WT’s contributions to warfare technology, or any other activity or policy for that matter, this person would be severely punished with disfellowshipment (expulsion) and the victim’s friends and relatives would be forced to shun him/her as "a test of loyalty to God." This link is to the official web site of Jehovah's witnesses to view quotations from their publications

It is frightening that the WT leaders reserve themselves the right to seek profit in this manner and at the same time they hold to being "conscientious objectors". Clearly, the WT’s risk of being involved in warfare technology transactions has been superseded by the greed of tapping in the reportedly $20 billion in annual sales market. This previously secret WT’s economic venture exhibits a rawness of ambition, optimism, overconfidence and greed unlike anything imagined by its unsuspecting members. How could the BOD justify - even to themselves - profits from such stock dividends?

As Randall Watters once wrote:

"The Watchtower Society seems unique in that it denounces investments in the old system and its journal Awake! for many years claimed that it was 'free' to publish 'truth' because of being "unfettered" by commercial interests. In times past, the Society has even forced branches to divest interests in various profit-making investments. After which, they even held Conventions where they read a resolution apologizing to Jehovah for their 'sin' and publicly repented of this 'unclean' act before all onlookers." "Now let’s think about this for a minute: 5,371,000 shares valued at $0.437 per share equals $2,347,127 in stock ownership. This is just one company we know about. But, the interesting situation is that the Watchtower Society owns 50% in the US corporation as reported, even if not a 'majority' interest. Is this not a clear powerful position to influence company policy? Even if the British Columbia company holds the major role, would not a powerful voting block such as this, at least help 'influence' the actions of what the company builds and sells? And even though the voting is by proxy, it is done by the person who donated the stock to the Society. Therefore, would not his votes reflect sympathy and loyalty to the Watchtower Society teachings, policies, and beliefs unique to Jehovah's Witnesses?"

The WT Society may not have asked for its donated shares, but has retained ownership nonetheless, and while the Donor retains voting privileges, the WT Society gets the direct financial benefit (and probably, tax-exempt). The Watchtower’s BOD will likely attempt to justify any of their investments by claiming that:



"The proper use of money is approved by God. For example, Jesus said: "Make friends for yourselves by means of the unrighteous riches." (Luke 16:9) This includes contributing toward the advancement of the true worship of God, for we definitely should want God as our Friend."

Measured by the same moral and doctrinal standards they impose on its members, there is simply no proper justification to holding on to the "Sister companies’" shares and profit. Ignorance of their possession can not be an excuse either because, as a chief share-holder, the WT Society has received no less than 52 SEC filing copies plus -at least- 60 official news releases by REGI updating them on their company’s progress. And this is in addition to the thousands of financial reports, memos and other internal correspondence required to operate such corporations for more than 16 years.

Nationalism aside, during this times of war the WT Society continues to hold stocks on the "Sister Companies" and, while they are still not a huge success within the Department of Defense, it is a clear double standard and fits in with being grossly hypocritical with its own doctrine and its honest members. That is the issue.

The first casualty of war is The Truth.

Anonymous

Jehovah's Witnesses are making money on war!


zoom +

Most of you are aware that the WTBTS owns stocks on at least three companies dedicated to provide Rand Cam engine technology to the U.S. Navy. The engine in question has been mounted on the spy plane previously known as SWARM (Smart War-fighter Array of Re-configurable Modules). In April 8th 2003, the Navy’s Office of Naval Research (ONR) had a press release stating that the SWARM had been renamed Silver Fox and was being deployed to aid marine corps in Operation Iraqi Freedom. Observers said the drones for the most part performed well on the battle field

The Navy’s Office of Naval Research (ONR) press release 4/8/2003:

SWARM being deployed to aid marine corps in Operation Iraqi Freedom under a new operational name: The Silver Fox .

AUVSI reports that at least eleven types of UAVs were committed to Operation Iraqi Freedom. One of them is the Silver Fox (SWARM) bearing REGI’s (Rand Cam) engine.

"Silver Fox UAV: Ready for the hunt."

"We sent an ONR team into the theater to deploy the Silver Fox following its transition from the original design" (SWARM). "It's now being tasked to help our Marines on the ground."

Drones See, Smell Evil From Above

"It isn't the only tactical UAV slated for testing during the second Gulf War."

"If you could design a little weapon that weighs half a pound the drone could become more than a mere observer. The Silver Fox could become a robotic fighter, dealing pain from 500 feet."


Discovery Channel:

"Eight Silver Foxes currently are receiving heavy use on the battlefield, and none has been shot down yet."

wired.com

"…based on a humble spy plane originally used for tracking whales at sea -- researchers are attempting to make this science-fiction scenario a reality. The project has an annual budget of roughly $6 million. […] These machines would be capable of independently handling events in a hostile combat zone, such as surveillance, strike and even capture and detention."

Senator John McCain (Arizona)

There are nine UAV systems currently deployed and in extensive use in Iraq. The Army’s Shadow, Hunter, and Pointer; the Marine Corps’ Pioneer and Dragon Eye; the Air Force’s Global Hawk, Predator and the Force Protection Surveillance System; and, the Navy’s Silver Fox.
Ninety Silver Fox systems were deployed for Operation Iraqi Freedom with great success. Additional resources should be afforded to the unmanned aerial vehicle programs.

Senator John Warner (Virginia) Chairman of the Armed Services Committee

The subcommittee’s main focus was on enhancing the Department’s capability to combat terrorism both at home and abroad and to provide for a robust homeland defense. In these areas, the committee increased the President’s budget request by over $400.0 million. Specifically, the subcommittee:
Authorized a 25% increase in unmanned systems.
Added $135.0 million to rapidly accelerate the development and acquisition of unmanned systems including $8.0 million for the Silver Fox.
Authorized a program to coordinate technology efforts and provide for the efficient utilization of bandwidth for unmanned systems.

Gross hypocricy!
The first casualty of war is The Truth, and the Watchtower is lying more than most. How many rank and file Jehovah's Witnesses do you think knows the Watchtower is actually making money on war and weapons?

Well, they do!

REGI stockbroker report shows military connections for Rand Cam
The Stockbroker.com Report

The Watchtower do indeed own stock in companies producing weapons. Take a look at this report about Rand Cam:

February 19, 2003



Undervalued Special Situation
REGI U.S., Inc. (OTC BB: RGUS)



Shares Outstanding: 11,288,000 REGI U.S., Inc.
Active Float: 6.2 Mil #1103-11871 Horseshoe Way
Recent Price: $0.08 Richmond, BC, Canada V7A 5H5
52 Week Bid Range: $0.04 - $0.29 Bus Tel: (604) 278-5996 Capitalization: $903,040 Website: http://www.regtech.com





BUSINESS SUMMARY:





REGI U.S., Inc. owns the U.S. rights to the Rand Camâ„¢ rotary technology and its parent company Reg Technologies, Inc (OTC BB: REGRF) owns the balance of the world rights. REGI U.S., Inc./Reg Technologies, Inc. are currently incorporating its latest winged rotor technology to dramatically improve sealing and reduce friction in the Diesel Rand Camâ„¢ engine. See website at http://www.regtech.com



REGI U.S. is in the business of designing, developing, testing and manufacturing axial vane type rotary engines (RC/DC or Rand Camâ„¢ engines). The Company owns the US marketing and intellectual rights to the engine. Reg Technologies, Inc. owns 51% of RAND Energy Group, Inc., which in turn owns 51% of RGUS and owns the balance of the worldwide rights to the Rand Camâ„¢ technology. Under this strategic agreement, RAND and RGUS will split the ongoing development costs of the RC/DC engine 50 - 50. Several other products are also being developed and tested by RGUS.



The Company has designed and built an air pump for fuel cell applications as well as an air pump for the lumbar seats in automobiles. The Company has also built a compressor for air conditioning units for buses. Currently REGI U.S., Inc. is developing an engine for a new low-cost unmanned aerial vehicle and for a 42 H.P. engine for unmanned helicopter applications. The engine is a four stroke Rand Camâ„¢ engine utilizing continuous injection and combustion in a single combustion chamber.



The Company's goal is to license the Rand Camâ„¢ technology and/or to participate in joint ventures to manufacture specific Rand Camâ„¢ applications.



SUCCESSFUL DEVELOPMENT OF SUPERIOR RAND CAMâ„¢ TECHNOLOGY



Since 1987 the Company has managed a Research and Development program to build a rotary engine which, compared with conventional combustion engines, dramatically reduces size, weight, exhaust emissions, noise vibration and cost while improving fuel efficiency. The engine is inherently simple with no valves or gears and only two bearings.



Today a number of Rand Camâ„¢ engine designs have been developed to address a number of large markets including transportation, power generation, agricultural, landscaping equipment, marine, construction, power tools, pumps, and compressors (both heat and air conditioning). Additionally, military applications represent an enormous market, particularly with the strong potential for war and the obvious advantages of using unmanned aerial vehicles as well as the heavy use of military diesel engines.



The Rand Camâ„¢ mechanism is well suited for application to internal combustion engines, pumps and compressors and expansion engines, such as turbines. The Rand Camâ„¢ technology delivers a light, powerful, efficient, clean burning engine at a highly competitive cost. The compressors are also compact and highly efficient, resulting in air conditioning compressors that deliver the increased capacity required with the new refrigerants while reducing component size by approximately 50%! The engines can be scaled to match virtually any size requirement. This flexibility opens the door to huge markets.



Compared to the conventional diesel and Wankel engines, the Rand Camâ„¢ is more cost-effective and produces higher volumetric efficiency!



INDUSTRY RECOGNITION OF RAND CAMâ„¢ FOR NEW GENERATION OF AIRCRAFT



Powered by the Rand Cam™ engine, the Ikelos aircraft was selected second in the category of Technology Innovation by NASA’s Langley Research Center of Hampton, Virginia. NASA and the FAA are currently developing the Small Aircraft Transportation System (SATS) that could revolutionize air travel. The concept is to employ a new generation of small inexpensive jets to provide a low-cost air taxi service among America’s 5,000 rural and suburban airports.



U.S. DIESEL ENGINE MARKET IS APPROXIMATELY $20 BILLION



The market for the excellent Rand Camâ„¢ technology is enormous. This Company is now ready to capitalize on 15 years of exceptional development and we expect that REGI U.S. is on the verge of securing a number of lucrative license agreements which will result in explosive growth in revenues and earnings in the next few years. Military contracts alone could be worth many millions of dollars. Also, over the next few years REGI/Reg Tech will continue to present the Rand Camâ„¢ technology to interested companies such as the Big Three automakers, Cummins Engine Company, Caterpillar, and compressor manufacturers with the objective of securing licensing agreements.



PATENTED RAND CAMâ„¢ ENGINE HAS SEVERAL MAJOR ADVANTAGES


* SIZE –

For the same diameter and length, the Rand Camâ„¢ Engine delivers more power than the power of a stratified charge Wankel engine.




# SIMPLICITY –
The lack of timing gears, vane seals and a timed intermittent fuel injection system makes the engine simpler with fewer parts than the Wankel or reciprocating engine.



# EMISSIONS –
The exhaust emissions are as good as the best diesel engines with lower Nox emissions than the reciprocating diesel engine. The Rand Camâ„¢ engine will have lower HC emissions due to the elimination of oil injection into the intake air.



# MULTIFUEL –
A true diesel engine configuration with a compression ratio between 15 and 20:1 will exceed the multifuel capability of existing military diesel engines, which have a lower compression ratio.



# WEIGHT –
This advantage, which duplicates the compactness feature, is very important for aircraft, many marine, all portable and hand carried machines and virtually all military applications. A weight to power ratio of 0.50 lbs/bhp is attainable for the Rand Camâ„¢ diesel engine.



# FUEL ECONOMY –
The continuous injection Rand Camâ„¢ diesel engine with K-Miller cycle will have a brake specific fuel consumption of less than 0.300 lbs/hp-hr which is better than heavy duty commercial diesel engines.



# RELIABILITY –
The lower number of parts and elimination of wearing surfaces and seals in the combustion chamber along with incorporation of journal bearings and a simplified continuous fuel injection system will enable the engine to achieve a level of reliability which is significantly higher than any other positive displacement engine, reciprocating, or Wankel.



# VIBRATION –
The engine is free of vibration as it is completely balanced at all speeds and loads. The large diameter, very short output shaft, which is integral with the rotor (which acts as a flywheel) results in favorable torsional vibration characteristics free of destructive harmonics.

# NOISE –
The very high firing frequency resulting from 24 combustions per revolution eliminates exhaust and intake noise. Structure borne noise is low due to the small surface area and inherently stiff structure compared to other engines.




RECENT PROGRESS REPORT ON CURRENT PROJECTS



As announced on November 13, 2002, REGI U.S. provided the following updates on their current projects:


* 42 Horsepower Diesel Engine

-- for unmanned vehicle applications for helicopters. The design phase of this project is complete and fabrication of the engine has commenced. Planning for the test facility and test plan is also underway.



# Air Conditioning Compressor
-- for air conditioning units for buses. Trans/Air Corporation has notified Reg Technologies, Inc. that testing their special Rand Camâ„¢ air conditioning compressor was delayed due to lack of personnel. Trans/Air promised to have the necessary people available for testing in early 2003.



# Rand Camâ„¢ Steam Expander
-- for hybrid car applications. REGI U.S. is working with two different groups on adapting the Rand Camâ„¢ concept as a steam engine expander. These engines span a horsepower range from 25 to 10,000 horsepower. A proposal for a funded analysis, design, fabrication and test program has been prepared and submitted to one of the groups.





The Rand Camâ„¢/Direct Charge Engine represents a dramatic departure from existing engine design that has not changed appreciably since the invention of the first piston engine by Karl Otto in 1876. Simplicity, power, and efficiency are key design priorities in the development of the RC/DC Engine, a truly revolutionary form of rotary power. Pound for pound, it is more powerful and fuel efficient engine than current reciprocating engines and yet it will be less expensive to assemble and maintain. Moreover, the engine maintains the integrity of the environment by reducing emissions and consumption of fossil fuel.



The RC/DC engine, the Company believes, has a variety of possible applications, ranging from the tiny weed-trimmer to the commercial and/or military jet engine, and a wide spectrum of uses, from air conditioner compressors to air and steam expanders. Fewer moving parts, high and efficient rates of combustion, fuel flexibility and ease of maintenance are but a few of the advantages this technology offers.



The Rand Camâ„¢ Technology for compressors and pumps is also being developed to power bus or, automotive air conditioning systems and air compressors, to be used in fuel cell applications and in the lumbar seat application. The potential for high volume production of these applications is outstanding. Results so far indicate that the Rand Camâ„¢ fitted compressor can generate the same cooling capacity as a normal compressor twice its size and weight.



MARKET STRATEGY AND LICENSING ADVANTAGES



The market strategy of Reg Tech is to use licensing agreements and/ or joint ventures to bring the Rand Camâ„¢ technology to market through existing businesses that have a strong presence in their market segments. The licensee would be granted exclusive rights to a specific product range and/ or geographic area. This will obviously have a far higher rate of success and growth than Reg would have attempting to penetrate such markets alone.



Advantages of Licensing Approach

# The licensees have established customer relationships, sales and distribution channels.




# The reputation of the licensee will lend the technology immediate credibility in the marketplace.




# The licensing strategy spreads market risk among many large corporations.




# Licensing utilizes the development and production facilities of the licensees, requiring far less capital to enter a market than if Reg were to do so without a partner.





MAJOR LICENSING AGREEMENT WITH LARGE DEFENSE SUPPLIER "RADIAN"

On May 29, 2002, Reg Technologies, Inc. announced that an agreement had been completed with Radian to grant an exclusive license for the manufacture of Rand Camâ„¢ Diesel Engines within the United States, for applications in Unmanned Autonomous Vehicles (UAV's), over 10 horsepower, including non-exclusive rights to the worldwide sales for this application.


Radian agrees to the following terms and conditions:


* Agrees to perform a 6-month duration study of the design, analysis, manufacturing cost risk assessment and marketing analysis to validate the risk and profitability of the product.




* Agrees to the fabrication and testing of a prototype Rand Camâ„¢ Engine and based on completing a working version of the prototype, agrees to give the prototype engine to Reg in order to maintain the Radian license.




* Agrees to pay REGI U.S., Inc. $100,000 U.S. minimum annual royalty, five years from the date of this agreement.




* Agrees to pay a 6% royalty on sales of engines, parts and service used in UAV's including 6% of all funding received from the Government and Military sources to develop and manufacture the Rand Camâ„¢ Technology.




* Agrees to pay REGI U.S., Inc. $150 per hour for engineering consulting work during the term of the agreement.





Pat Badgley, V.P. of engineering for REGI U.S., Inc., stated, "The license agreement with Radian will open up a new vast expanding market in Unmanned Autonomous Vehicles (UAV's) for the company and is very pleased to work with their expertise in engineering and design services for the Rand Camâ„¢ Diesel Engine."



Radian Incorporated is based in Alexandria Va., as a key supplier of engineering, logistics systems integration services to the U.S. Department of Defense. Radian employs approximately 350 and operates from facilities adjacent to several key U.S. military installations. Engineered Support Systems, Inc (NASDAQ: EASI) has recently acquired Radian for $41.7 million U.S. in cash and shares. EASI is a diversified supplier of high tech integrated military electronics support equipment and logistics services to all branches of the U.S. armed forces and certain foreign militaries.


LICENSE WITH ROTARY POWER GENERATION, INC.



On May 7, 2002, Reg Technologies, Inc. announced that an exclusive worldwide license has been granted to Rotary Power Generation, Incorporated (RPGI), for the Rand Camâ„¢ Technology for Power Generation applications.



RPGI agrees to the following terms and conditions for the exclusive license:


* To complete a 12-month duration study of the design, analysis, manufacturing cost, risk assessment and marketing analysis;




* To pay REGI U.S. $100,000 (US) within 1 year in order to maintain the exclusive license rights for the Power Generation application;




* To pay a 6% royalty on the sales of Rand Camâ„¢ engines, parts and service annually;




* To pay 50% of all sublicense fees and royalties received on the license agreements received from all future partners and sub-licensees;




* To pay REGI U.S. a minimum of $500,000.00 (US) annual payment after 5 years from the date of this agreement; and




* To pay REGI U.S. $150 per hour for the engineering consulting work on the Power Generation project.





Pat Badgley, V.P. of the Engineering department for REGI U.S., stated, "The Rand Camâ„¢ Power Generation technology will have a lower installed cost, lower exhaust emission than the micro turbines used today, and our generation efficiency will be about 40%, which is better than the 30% claimed for microturbine generators."



EXPERIENCED, PROFESSIONAL, & COMMITTED MANAGEMENT TEAM



John Robertson, President & Founder, has extensive experience managing public companies and has been very successful in raising capital through both private placement and public share offerings. He is also a founder and President of Teryl Resources Corp, a public company engaged in mineral and energy exploration. Mr. Robertson has a major background in corporate administration and the securities industry.



Patrick Badgley, Vice President, joined the Company in February 1994 when he left his position as Director of R&D at Adiabatics Inc. He has many years of engine design and development experience. From 1966 to 1977 he was Senior Technical Specialist with Cummins Engine Company at the Corporate Research and Engineering Center, then he was Manager of Accessories and Controls for Curtiss-Wright and later John Deere in their rotary engine programs for 9 years. From there he joined Adiabatics, where he came in contact with Reg and the Rand Cam™ engine. Mr. Badgley’s technical expertise, rotary engine experience and industry knowledge have tremendously strengthened REGI/Reg Tech. He initially advised Reg to concentrate efforts on the Diesel engine and has taken up the design work on the Diesel, generating many improvements over the initial Hercules/Alliant design. In addition to acting as the engineer for the project, Mr. Badgley spends approximately 50% of his time making presentations of the Rand Cam™ technology to companies who are potential licensees.



SUMMATION:



REGI U.S., with its stock selling for just a few pennies and with a market cap of less than $1 million, represents a unique and extraordinary opportunity for incredible capital appreciation. With the major R & D behind them and the exceptional, cost-effective Rand Camâ„¢ technology, the Company is now positioned to capitalize on their technology in a major way. REGI U.S., Inc. is addressing a $20 Billion potential market with numerous uses and applications for their Rand Camâ„¢ engines in many huge industries.

We would expect to see the continual signing of various licensing agreements or joint ventures and we also believe that the Military could be a significant source of future revenues. The stock appears to be extremely undervalued at its current price and valuation. Obviously a few good contracts (license agreements or joint ventures) could send this stock sailing into trading for many dollars per share.

# Company has a long history of successful R & D and is now starting to capitalize on their superior, patented Rand Camâ„¢ technology




# REGI U.S. is positioned to benefit greatly in a $20 Billion diesel engine industry




# Stock is very undervalued with a "market cap" of less than $1 million




# Long term committed management is focused on major success through licensing agreements and joint ventures




# Rand Camâ„¢ technology has numerous and significant advantages over competitors.


Military applications are substantial and are expected to be a large source of revenues in the future. The "war on terrorism" could very well accelerate this revenue source.

# License Agreements all in place for revenue in the near future from license fess & royalties







For further information about REGI U.S., Inc., visit the Company’s website at http://www.regtech.com or contact John Robertson, President, at (604) 278-5996.

Watchtower Society Owns Bomb Factory????

Using the url, http://www.tenkwizard.com/ and typing "Watchtower" into their search engine, reveals the following:

The Watchtower Society Owns "A Bomb" Parts Factory "Rand Cam Engine Corp. is a privately held company whose stock is reportedly owned 50% by The Watchtower Society, a religious organization, 34% by James McCann and the balance by several other shareholders. Mr. McCann has indicated that he donated the shares held by The Watchtower Society to that organization but has retained a voting proxy for those shares. Accordingly, in Notes (3) and (4) above, beneficial ownership of the 5,367,900 shares registered in the name of Rand Energy Group Inc. has been attributed to The Watchtower Society and Mr. McCann.

The Company issued 5,700,000 shares of its Common Stock at a deemed value of $0.01 per share to Rand Energy Group Inc. ("REGI") in exchange for certain valuable rights, technology, information, and other tangible and intangible assets relating to the United States rights to the Rand Cam Engine (the "Original Engine"). REGI is a privately-held British Columbia corporation which is 51% controlled by Reg Technologies, Inc., a publicly-held British Columbia corporation ("Reg Tech").

In 1995, the Company acquired an exclusive limited sublicense to market and distribute in Canada the rights to Machine Vision Technology. On October 31, 1995, the Company sold its rights to the Machine Vision Technology to Reg Tech for $200,000. All obligations pursuant to the sublicense were transferred to Reg Tech.

The defense industry has applied machine vision technology to "smart" bombs, which use video imaging technology to identify targets through the use of special optic sensors. The sensors feed scenic information into sophisticated computer programs that then process the scenic information into target location coordinates."

=========================================================================

Reg Technologies, Inc. - 1995 President's Report

http://www.regtech.com/press/press1995.htm

This Initial Business Plan pertains to Reg Technologies, Inc. ("Reg Tech" or "Reg" or "the Company") acquisition and plans to market the Air Vapor Flow System ("AVFS"), which the Company's management ("Management") represents as an innovative fuel conditioning technology. Also included is a brief update on development of the Company's Rand Cam technology. http://www.regtech.com/avfs_introduction.htm

Executive Summary:

http://www.regtech.com/avfs_executivesummary.htm

The Rand Cam Engine is 50% lighter and has 2 to 3 times the power of a stratified Wankel engine, and is roughly the same size http://www.regtech.com/

REGI U.S., Inc. is engaged in the business of developing and building an improved axial vane-type rotary engine known as the Rand Cam/Direct Charge Engine (RC/DC Engine), which is a variation of the Rand Cam Rotary Engine, an axial vane rotary engine. The Company holds the rights to develop, build, and market the RC/DC Engine design in the United States pursuant to an agreement with Rand Energy Group, Inc. (RAND). Each company will fund 50% of the continuing development cost of the RC/DC Engine. The Company is controlled which in turn is controlled 51% by Reg Technologies, Inc.

http://www.irr.org/jwfacten.html

MACHINE VISION TECHNOLOGY, TRANSPORTATION ENGINEERING CAL POLY UNIVERSITY

http://airship.ardfa.calpoly.edu/vips/machine.html

Robotics Institute, CMRI Developing Machine Vision Technology Under a collaborative research program involving Carnegie Mellon Robotics Institute, CMRI's Applied Advanced Technologies Group (AAT) has produced a new advance in automated vision technology: the development of hardware for a spectro-polarimetric machine vision system for use in intelligent transportation systems. http://www.cmu.edu/cmri/adm_mv.tech.html

Fundamentals of Machine Vision Technology

http://www.assemblymag.com/articles/199 ... 4extra.htm

How to find a needle in a haystack

http://www.online.nf.ca/industry/howtofin.html

McCann-Erickson

With billings of more than $18.5 billion and operations in 127 countries, McCann-Erickson WorldGroup is the largest marketing communications network organization in the world. It is built on the foundation of McCann-Erickson's almost century-long history as an international-minded advertising agency. McCann, for example, first expanded with owned agencies out of its U.S. borders into Canada in 1913, into Europe in 1927, into Latin America in 1935 and into the Asia Pacific region in 1959. Look at: Global Clients Note: James McCann, no specific connection, need more research! http://www.mccann.com/
 
Just a reminder...Please try and keep the post lengths down to a respectable minimum.

Rule 13 - Posting Etiquette:
Please keep the posts down to a respectable length. You stand a better chance of getting your point across. People may not want to read them if they are too long. No using all CAPTIAL LETTERS in your responses. That is considered an aggressive action.

8-)
 
That's a lot of nice cutting and pasting, but you did not address any of my points. In fact, the information you posted goes toward showing how exaggerated your original claims were. Oh wait, they weren't your original claims anyway, those were just copied and pasted too.

-R
 
Reinhold I put the stuff in quotes to show that i did not write them.

These are not exsaggerated.

Im with randy walters on this issue and many others.
 
willow the wip said:
Reinhold I put the stuff in quotes to show that i did not write them.

These are not exsaggerated.

Let's take a look at the claims from your first messsage:

Jehovah's Witnesses are making money on war!
False. During the time period between when the stocks were donated to the Watchtower (they didn't buy them or invest in this company) and the time the divested themselves of the stock, the stocks were not profitable.

The Weapons Producer in which the Watchtower owns
a fear chunk of stocks!

I'm not quite sure what "a fear chunk" is. Again, the stocks were donated, they didn't go out an buy them.

The company's own public SEC information clearly shows that they are not "a weapons producer".


The Watchtower Bible & Tract Society Owns Bomb Factory?

False. The company makes small motors, not bombs. The motors they make have a whole slew of potential uses (you did read all your copy and paste info right?) Just because their affiliate company deals with the military does not make them a "bomb factory".

And also, the stocks that were donated did not make the Watchtower the sole owner. And the donated stock did NOT include voting rights for those shares. Again, do your own research next time, or at least read your own copy and paste info.


REGI stockbroker report shows military connections for Rand Cam.
In addition to many other non-military connections.
Intel makes all sorts of microprocessors. Some of them are used by the military. Would it be accurate to call Intel a bomb factory?

Watchtower Society Owns Bomb Factory????
The only possible answer to that question is NO. They do not and have never owned a bomb factory.

-R
 
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