SANTA CLARITA, Calif.,
June 27, 2012 /PRNewswire/ -- U.S.
ENERGY INITIATIVES CORP (USEI.OTC) announced today that the
Company has found a logistic solution to supply its Singular 96™
product; and anticipates announcing the initial delivery in the
near future. Its SINGULAR 96™ productis an enhanced energy
feedstock, blended with methanol and gasoline commanding an
industry setting 96 octane rating that is higher than any
commercially available non-racing fuel. This product is designed
for use in both Flex Fuel vehicles and vehicles that use unleaded
gasoline.
According to Anthony Miller CEO "we previously disclosed that we
have purchase orders to deliver SINGULAR 96™ to sovereign
nation locations in Canada. In
order to fulfill our delivery commitments, we had to resolve
certain logistic solutions that would ensure continuous delivery of
our product. We have already delivered additives to their proper
location in Canada to pave the way
for continuous shipments. We believe that we will eliminate all
barriers in the coming weeks. This is a significant milestone for
us, which will get USEI to positive and significant revenue
generation immediately." "Our goal is and has been, to bring value
to USEI without dilution and we are still on that path," concluded
Miller.
About U.S. Energy Initiatives: The Company has two
separate energy initiatives; one in the automotive sector and one
in the oil, gas & technology sector. We will continue to
develop and market our automotive technologies which we have done
since 1996; and focus on manufacturing marketing GREEN retrofit
systems; and market our Singular 96 fuel.
We will also acquire and develop stranded or un-recovered oil
properties for enhanced oil production, create partnerships with
operators, create strategic alliances for primary and secondary
recovery, and partner with farm-ins on properties where technology
will be utilized to improve recovery efforts. Our goal here is to
become an environmentally responsible oil and gas company;
utilizing all methods available to improve oil recovery.
We will market our products to a worldwide market to produce
significant revenue and add value for our shareholders.
Disclosures: "Safe Harbor" statement under the Private
Securities Litigation Reform Act of 1995: This press release may
contains forward-looking statements that are subject to risk and
uncertainties, including, but not limited to, the impact of
competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in the Company's filings with
OTCMarkets.com and as required to the Securities and Exchange
Commission. These risks could cause AM Oil's actual results to
differ materially from those expressed in any forward-looking
statements made by, or on behalf of, the Company.
Contact: Investor Relations, 866.922-1116 or
info@usenergyinit.com
SOURCE U.S. Energy Initiatives Corp
