Regent Ventures Ltd RGVNF

RE: RE: News!

[stocktalk2]

You are correct Monedas...however, there can be circumstances that allow a company to keep news from being released until an impending transaction  takes place. The big IF here is, if the company puts out news that could end up costing the company considerably more money, or cause them to lose a deal, the exchange will, as long as they are kept in the loop agree to a certain period of time for them to get whatever they are working on completed.. So, there is a mechanism in place with the exchange to deal with such circumstances.

I think the problem here is that management has very little if any credibility because of a number of failures. Having said that, I think you have to respect anyone's right to earn that credibility, and so far they have raised money for a drill program in Red Mountain and a drill program in Louisiana. That can be a good foundation to build on.

Having said that, in the case of Eurogas violating the terms of his agreement once again regarding his $3 million obligation, is quite another matter. That is material, and has been dealt with in a number of news releases until now. Of course, how many deals has Wolfgang announced "subject to financing etc" that have not come to fruition. The difference with his deal with REV is that we do have options to deal with this.  The shareholders should be given an explanation of what is happening with this debt.