Regent Ventures Ltd RGVNF

Delays and Documentation

[Monedas1]

We all want the same thing so lets not whip ourselves into a frenzy over the delays. The CBM concessions are still in play, a really favorable outcome is still possible and no real damage has been done yet. McCallan still has NOT produced the required signed paperwork to the Canadian exchange that documents the joint venture with Aurelian and Polish Oil and Gas or we would have a news release and Hans and Wolfgang would have their shares and we would see promotion. My understanding, confirmed by other posters on the board, is that this paperwork has now been approved and that signed copies are in McCallan’s possession. Maybe next week we will see some announcement on the Polish properties or maybe not, the international mail might get hijacked or a moose might eat the package in route to the Vancouver office? Additionally, I understand that the maps, property descriptions, previous drilling results and approved lease arrangements relating to the CBM concession have still NOT been given to any parties that have indicated an interested in establishing a joint venture with Regents/McCallan. Regents and McCallan will also have to explain their relationship and how McCallan is owned and by whom to complete any due diligence requirements for anybody providing serious financing. I am concerned about this lack of responsiveness on Regent/McCallan’s part because I heard a rumor that RW has been telling investors that the delay in establishing a joint venture is that the potential partners have not provided Regents/McCallan with an offer when the problem is that Regents/McCallan has not given any prospective offerers what would be required prior to making an offer and then establishing a joint venture. Would your sign a letter of intent if you had not seen lease documentation and concession rights or maps of a property? We need a joint venture arrangement on the CBM property soon and one that provides financing and management and preserves our 26% interest and then as I have said before, everybody will be a winner including Ed, RW and Wolfgang. We want you three to make lots of money but in the context of a reliable partner that minimizes risk and increases the stock price. If the story and the deal are transparent, investors will come and the share price will rocket and on good volumes. The CBM concessions are an unbelievable resources so NO Mickey Mouse deals or convoluted, ambiguous arrangements and annoncements, please! The market will punish us for any more mistakes as we are being punished for the last private placement mistake with Haywood.