WBTS Rand Cam Scandal

by nemo 53 Replies latest watchtower scandals

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  Gerard

  Since the WT was not involved in the company, it is unlikely that they knew what was going on. Once it was pointed out, they seemed to have dumped the stocks. As you can see...not all that big of a deal. >> amac

  There you go again, swallowing up CrapTower lies and justifications in order to deceive yourself, instead of start healing by recognizing they are a money-making cult and they deceived you.

  The CrapTower Society became a partner at the moment of the Rand Cam Inc, Regi U.S. Inc. and Rand Energy Group Inc. creation.

  After 16 years, they did not know they owned 50% of three companies? Jehovah's channel of communication must need an upgrade to fiber optics...
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  amac

  Nemo,

  Gerard is one of the sensationalists you should beware of...

  Gerard,

  The CrapTower Society became a partner at the moment of the Rand Cam Inc, Regi U.S. Inc. and Rand Energy Group Inc. creation.

  You're right, they were a partner in the sense that they owned stock....but without voting proxy and without an active say in what happens in the company. So unless they assigned a person to track the activities of this company (highly unlikely since they own lots of stock with lots of companies) they would not have been savvy to what contracts this company was negotiating.

  After 16 years, they did not know they owned 50% of three companies?

  That's not what I said...take your time and read my posts slower and maybe you will understand them...or better yet, for the umpteenth time, just avoid my posts and don't respond to them. I said it is unlikely they knew what was going on in the company, not that they owned part of the company. Oh by the way...you forgot your stupid little ostrich pic...
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  Gerard

  I said it is unlikely they knew what was going on in the company, not that they owned part of the company.

  Really? Do you really believe they missed the purpose of their companies:

  REGI"S first press release dated May 11, 1994 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 Cam? 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 Cam? Diesel Engine, and other benefits to Reg Technologies, Inc.

  But as usual , you must be "blinded by the light" to be able to read information critical of the WT.

  

  The light is getting brighter! >> Amac
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  Uzzah

  Gerard:

  You give the Watchtower Society too much credit. They are just happy to be given money, whether it be stocks or cash. They don't question where it came from.

  Most of the folks that were working in the Treasurer's office were janitors before coming to bethel, not professional stock analists.

  I was handling one estate while in the Legal Dept. This old sister had died and gave her entire portfolio to Bethel. I was in the midst of transferring everything when I noticed a very well known tobacco manufacturer as one of the stocks owned. I raised it to the powers that be and that part of the portfolio was sold off.

  Bethel does NOT have someone checking into the businesses of every single stock owned. If they become aware of it they sell it off.

  I have been trying for 4 years to diffuse this NON ISSUE but some fanatics love to cling on to the slightest of things. There is enough to hang the Org without having to sensationalize or invent stuff. The UN scandal, the flip flop on doctrine, the pedophile files and their being sent door to door.

  amac was bang on with his explaination and rather than insulting and belittling him, you might want to re-read what he said with an open mind.

  Uzzah - who is eagerly awaiting his turn to be called a WT drone or ostrich