REGI U.S., Inc. (OTCMKTS:RGUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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REGI U.S., Inc. (OTCMKTS:RGUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

REGI U.S., Inc. (OTCMKTS:RGUS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective September 30, 2018, Jeffrey S. White resigned as Chief Financial Officer of our company. Mr. White’s departure is not related to any issues regarding the integrity of the company’s financial statements or accounting policies and practices.

Effective immediately Paul W. Chute is appointed by the Board of Directors to serve as Chief Financial Officer. Mr. Chute, 68, currently serves as Chairman of the Board for the company and has served as both the CEO and CFO of Acadia National Health Systems. Mr. Chute has over 45 years of executive experience with numerous public and private companies. He has an MBA in Business Management from from Husson University and a BS in Accounting from the University of Maine.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

REGI U.S., Inc. press release dated September 28, 2018


REGI U S INC Exhibit
EX-99.1 2 ex99-1.htm   RadMax Technologies Announces CFO Departure,…
To view the full exhibit click here

About REGI U.S., Inc. (OTCMKTS:RGUS)

REGI U.S., Inc. is a development-stage company. The Company is engaged in the business of developing and building axial vane-type rotary engine known as the RadMax rotary technology (the RadMax Engine). The RadMax rotary technology is used in the design of lightweight and high efficiency engines, compressors and pumps. The Company owns the United States marketing and intellectual rights, and has a project cost sharing agreement for the further development of the RadMax Engine. The Company’s subsidiary is Rad Max Technologies, Inc.