REGI U S filed their latest 10- KSB declaration on Aug/15/2003. After 16 years, the section of BENEFICIAL OWNERS (page 21) has been modified to exclude the Watchtower as beneficial owner:
http://www.sec.gov/Archives/edgar/data/922330/000106299303000725/form10ksb.htm
Name | Class A Shares Owned | Percentage of Class A Shares Owned |
John G. Robertson, Chairman of the Board of Directors, President and Director (1) (2) (3) (4) | 10,821,350 | 60.84% |
James McCann (5) | 5,063,200 | 28.46% |
Rand Energy Group Inc. (6) | 5,063,200 | 28.46% |
Jennifer Lorette, Vice President and Director (7) | 150,500 | * |
James Vandeberg, Chief Operating Officer and Director (8) | 76,000 | * |
Patrick Badgley, Vice President, Research and Development and Director (9) | 150,000 | * |
ALL EXECUTIVE OFFICERS & DIRECTORS AS A GROUP (FOUR INDIVIDUALS) (10) | 11,197,850 | 62.95% |
Note the wording on note nbr. (6): "Rand Cam Engine Corp. is a privately held company whose stock is controlled by James McCann and minor interest by several other shareholders."
Unlike stated in previous SEC filings in which McCann, Rand Energy Group Inc, and the Watchtower collectively owned 44.94% of REGI’s shares, Mr. McCann now "controls" the shares previously owned by the Watchtower -or as written- "by other shareholders."
Whether the WT’s shares were sold or disguised, this latest SEC filing will likely be used by the Watchtower for denial and to re-write their own history.
Background post: http://www.jehovahs-witness.com/11/53091/1.ashx
Background web site: http://www.geocities.com/wtgreed/article.htm