Regi U.S. Inc. (RGUS) insider have most recently took part in a trading activity. On Dec 18, 2017 Chute Paul Willard, CEO bought 63,025 shares having total worth of $6,303 at the price of $0.1 per share, following the transaction a total of 1,649,132 shares owned by Chute Paul Willard. Before this latest buy, Chute Paul Willard purchased RGUS at 1 other times during the past twelve months, for a total investment of $6,303 at an average of $0.1 per share.
The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 buy trades. Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Regi U.S. Inc. (RGUS) traded down 19.16% on Dec 19, 2017, hitting $0.17. 65,590 shares of the company’s stock traded hands. Regi U.S. Inc. has a 52 week low of $0.01 and a 52 week high of $0.29. The company’s market cap is $0 million.
REGI U.S., Inc. was organized under the laws of the State of Oregon on July 27, 1992 as Sky Technologies, Inc. On August 1, 1994, its name was officially changed by a vote of a majority of its shareholders to REGI U.S., Inc. The Company is a development stage company engaged in the business of developing and building an improved axial vane-type rotary engine known as the RadMax(r) rotary technology, used in the design of lightweight and high efficiency engines, compressors and pumps. The RadMax(r) Engine is a variation of the Original Engine, an axial vane rotary engine. The Company has tested the RadMax(r) Engine technology for interested customers. To date it has granted an option for a license for certain applications for a Fortune 1000 company who are evaluating the RadMax(r) Engine design and are currently assisting in the development and testing at no cost to the Company. Two prototype engines were built in 1993 and 1994 by the WVURC to run on gasoline. Testing on these prototypes suggested that the concept was fundamentally sound and that with a program of engine review, design, testing and development, a technically successful range of engines could be developed. The prototype design for the diesel engine was designed by a consortium made up of Alliant Techsystems, WVURC and it. Alliant was involved in the design and development including drawings for the RandCam(tm) diesel engine. In addition Alliant performed extensive analysis on the diesel engine including bearings, cooling, leakage, rotor, vanes, housing, vane tip heating, geometry and combustion. In April, 2005 the Rand Cam(tm) engine was tested for generator and hybrid car applications. The Company utilized a unique vane design that does not require vane tip seals. Eliminating the need for vane tip seals would reduce the manufacturing and maintenance costs significantly, therefore, resulting in a breakthrough with the technology. The Company entered into a distributors agreement in June, 2005, to acquire rights to distribute fuel cell technology for Canada and Europe, which was ultimately assigned to its affiliate, Reg Tech. In February, 2004 the company completed testing of the prototype 42 H.P. diesel engine at Adiabatics in Columbus, IN and at the U.S. Navy’s test facility at Patuxent River, MD. The initial test results demonstrated that the first generation prototype engine generated pressure and temperature. In February 2006 it received the 125 H.P. RadMax(r) diesel engine from Radian Milparts, tested by the Company’s rotary engine specialist. The 125 H.P. RadMax(r) diesel engine is the improved version of the 42 H.P. RadMax(r) diesel engine, which focused on eliminating leak paths and was designed for maintainability. The Company designed and built a prototype 3.2 SCFM [define] air compressor for a large fuel cell customer. Testing displayed encouraging results of up to 25 P.S.I. with only 800 R.P.M., and exceeded its expectations. A license agreement for com
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