U.S. Energy Initiatives Obtains Patent Assignment Of Green Recycled
Derived Biofuel (RDBF)
SANTA CLARITA, Calif.,
June 11, 2013 /PRNewswire/ -- U.S.
ENERGY INITIATIVES CORPORATION INC (OTCPink: USEI) is pleased
to announce today that USEI has received a patent assignment of a
proprietary biofuel patent entitled GREEN RECYCLED DERIVED BIOFUEL
(RDBF). This patented fuel was designed for automotive,
aviation and stationary electrical power applications and this fuel
was extensively tested by a university laboratory and determined
that the fuel preformed splendidly. This fuel is another great
attribute of U.S. Energy Initiatives Corp Inc.
According to Anthony Miller,
CEO, "This is a game changing event for USEI because we now
have a proprietary product that once fully commercialized, affords
significant options 1). We can market the fuel or 2). We can
license it to a significantly larger firm(s) for royalties. This
fuel was developed and patented by our Chief Technology Officer:
Mr. Harrison A. McCoy III. This is
one of the reason we joined forces again; to commercialize this
patent and to produce biodiesel profitably. Mr. McCoy's patent is a
biodiesel and ethanol product all made from waste or recycled
products. In the coming weeks more exciting revelations will be
unveiled about this patented product".
According to Harrison A. McCoy
III "My Biodiesel patent involves a unique combination
of recycled waste products, such as restaurant oils and greases
form fast food chains like McDonalds, Burger King, Wendy's,
Frito-Lay chips processing and from commercial chicken, pork and
beef processing companies such as Foster Farms , Tyson Foods,
Oscar-Meyer etc.. These recycled waste products are repurposed to a
biofuel such as Biodiesel. The Ethanol is taken from non-editable
recycled waste from companies like Coca Cola, Pepsi Cola, wineries
and all sugar out-dated products. These products are distilled to
produce a recycled repurposed ethanol. The two finish products are
blended in different percentage. The combination increase Cetane
levels from 41.3 reg. diesel to 53.4 with this invention; this
means less pollution levels just like Octane in gasoline example
87, 92. The College of Engineering-Center for Environmental
Research and Technology (CE-CERT) at the University of California, Riverside, created the
final study for South Coast Air Quality District (SCAQMD) the most
stringent air quality agency in the U.S. Diamond Bar, CA"
"This university report mentioned by McCoy can be found on the
Company's website @
http://www.usenergyinit.com/mccoy-patent-report/ along with a copy
of the Patent and a Volkswagen TDI Beetle (used in the testing)
that received over 56.8 miles per gallon running off McCoy's fuel.
The timing is right to develop this fuel now, with greater
acceptance for biodiesel, greater availability of non-food
feedstock, the need for higher mileage vehicles, higher oil
prices and government subsidies; our plan in to rapidly develop
this fuel and begin road testing to refine automotive
applications", further commented Miller
About U.S. Energy Initiatives
U.S. Energy Initiatives Corporation is a
diverse energy firm that has a long history of
developing automotive and hybrid fuel systems and technologies.
This firm first started in 1996 and has had a long successful
business history of developing its business strategies.
Management's new goal is to develop its new and old technologies
and to build a dynamic energy firm. The Company has three
separate energy initiatives; one in the oil, gas &
technology sector (brought in by Mr. Miller), one in the hybrid
fuel or bio-fuel sector and one in the automotive sector. Our goal
immediate goal is to develop our bio-fuel opportunities and going
forward our goal is to 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. Our overall goal is to become an
environmentally responsible energy company; utilizing all methods
available to generate income. We will market our products to a
worldwide market to produce significant revenue and add value for
our shareholders.
About Mr. Harrison A. McCoy
III our partner, our CTO and is a Chemical Engineer, is
the great grandson and direct descendant of Elijah McCoy, one of America's first
African-American engineers who invented the "Lubricating Cup." The
expression -"The Real McCoy" -was coined for the invention
of this lubricating cup that automatically oiled machinery without
down time, thus eliminating the need for a mechanic bearing an
oiling can. Mr. McCoy the Former Chairman and Chief Executive
Officer of Southern States Power Corporation has a twenty-five year
career working at waste/alternative/renewable fuels and energy
engineering, business development and land development. Mr. McCoy
is invaluable in developing business opportunities and negotiating
enabling contracts with the United States National Laboratory
systems, Farm Cooperatives and the waste management
alternative-renewable fuels-energy industries. Mr. McCoy has
developed emerging waste conversion systems/alternative/renewable
fuels/energy industries and integrated hybrid solar, wind and
biofuel gen-sets for green "firm' electrical power generation for
commercialization. Mr. McCoy is involved with a number of small
companies based in the San
Bernardino/Riverside area,
San Diego and Los Angeles, CA. Mr. McCoy has gained a broad
knowledge of the major players, politics, economics and
technologies of the waste
management-recycling/alternative/renewable fuels and energy
re-manufacturing business. Mr. McCoy holds a biodiesel patent
(U.S. Patent # 0126790) that includes and ethanol additive blended
to the fuel; thus creating an improved biodiesel fuel
product.
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 USEI'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
Website: www.usenergyinit.com
SOURCE U.S. Energy Initiatives Corporation
