John Overby Unable to Consent to Act as a Director of REGI U.S., Inc
May 01, 2018 at 06:46 am EDT
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REGI U.S., Inc. announced that Mr. John Overby, elected at the Annual Meeting on April 30, 2018 to the Board of Directors, is unable to consent to act as a director of the company for personal reasons. There was no known disagreement with Mr. Overby regarding operations, policies, or practices. Effective immediately a total of four members are on the Company’s Board of Directors, comprised of Mr. Paul Chute, Mr. Paul Porter, Ms. Susanne Robertson and Mr. Michael Urso.
REGI U.S., Inc., through its wholly owned subsidiary, RadMax Technologies, Inc., is a research and development company. The Company is focused on creating new technologies and is developing and commercializing high efficiency engines, compressors, expanders, and pumps for civilian, commercial and government applications based on its patented RadMax axial vane-type rotary technology. The Companyâs products include gas expanders, compressors and pumps and power generation devices. Its focus is on developing devices that reduce carbon footprint, device size, weight, and parts count, while enhancing fuel and manufacturing efficiencies over incumbent technologies.