Reg Technologies Inc. is a Canada-based, development-stage company. The Company is engaged in the business of developing and commercially exploiting an axial vane type rotary engine known as the Rand Cam/Direct Charge (RC/DC) Engine and other RandCam/RadMax applications, such as compressors and pumps (the Technology). The worldwide marketing rights, other than in the United States are held by the Company, which owns 16% interest in REGI U.S, Inc. (REGI). REGI owns the United States marketing rights. Rand Energy Group Inc. (Rand) is the 51%-owned subsidiary of the Company.