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REGRF (Reg Technolgies) owns 6.8 million shares of RGUS (Regi US).
Reg owns the worldwide rights to the RandCam/RadMax engine technology, Regi US the US rights.
RGUS closed above 2.25 a share. At 2.25 a share, the ownership in RGUS is worth 67 cents a share to REGRF.. REGRF closed at 67 cents on Friday!
RGUS has seen a huge bump in share price thanks mostly to influential stock picker Jeff Siegal, of Greenchip Stocks. He's still pumping the stock, so good news could send that share price through the roof! The market is bound to realize REGRF is a steal.
TimW
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Never went through the roof, but lately its swept the floor.. in a low kinda way Last was 1.17
TimW
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Their technology is right on the edge too.. anyday just waiting for them to announce all the contracts and bids... someday...
Junky
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So much for through the roof..down the sh-tter more like.
Oh well, i'm in it sink or swim...merely a buying opportunity for some. Consolidation won't be a bad thing. :0)
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Last was 1.17