USEI Announces a 20% Stock Dividend for Shareholders of Record on the Record Date
December 08 2014 - 6:44AM
InvestorsHub NewsWire
SANTA CLARITA, CA - (NewMediaWire) - December 8, 2014
- USEI CANNABIS initiatives CORP, a wholly owned
subsidiary of US Energy Initiatives CORPORATION,
INC. (OTC
PINK: USEI) is pleased to announce today that the
Directors of USEI have approved a 20% restricted common stock
dividend for shareholders of record on the company's record dated.
Management will be filing a Corporation Action with FINRA to issue
a restricted stock dividend. The dividend will be added to the
shareholders' existing shares on the pay date. Details of the
transaction will become available to the shareholders once FINRA
has approved the Corporate Action.
According to Anthony Miller, CEO, "For
the second year in a row we have decided to
award all of our loyal shareholders with this additional
stock because they have stuck with us through our new
transitional phase; to now where we see some growth and significant
optimism. Many of our shareholders have held this stock for many
years, and they along with newer shareholders, will now become
beneficiaries of our anticipated growth. In 2014 we have made many
changes to our overall mission and management believes that our
future is still very positive, and our business model will produce
sustainable growth. In the coming days and weeks there will be
other news related to this transaction to clarify our actions and
our vision," commented Miller
About U.S. Energy Initiatives: U.S. Energy
Initiatives Corporation (OTC
PINK: USEI) is a diverse energy firm. USEI
and its wholly owned subsidiary USEI
Cannabis business' centers on hemp to energy,
everything cannabis related and developing products and services
for the marketplace. Our Ultimate
Cure & Real McCoy Genuine
Products: we market vapor pens and accessories, topical
ointments, cannabis oils and tinctures all under these same names.
Our focus in the state of Washington is
currently CBD Cannabis however,
we are not just focusing on CBD side of
business (http://www.useicannabis.com/web/washington-partnerships/...
Our online store: http://www.theuccbdshop.com/);we
are actively working to obtain the ability to produce our own
products, own our own recreational dispensary and grow marijuana.
Our goal here is to become an environmentally responsible firm,
marketing our products to our audience to produce significant
revenue and add value for our shareholders. We have very ambitious
goals and objectives for USEI Cannabis and we believe that we will
have a very long presence in Washington, and wherever cannabis is
legal. Our objective is to create a foundation that will be
instrumental in our continued efforts to capture our market-share
and create viable products that meet our goals and objectives for
these markets. For more information regarding our strategies it can
be found on the company's website @ www.useicannabis.com/web/.
DISCLOSURES: "Safe Harbor" This press
release contains forward-looking statements including statements
regarding the timing of the revenue from the partnership and the
partnership's success. The words "believe," "may," "estimate,"
"continue," "anticipate," "intend," "should," "plan," "could,"
"target," "potential," "is likely," "will," "expect" and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking
statements largely on our current expectations and projections
about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy
and financial needs. Important factors that could cause actual
results to differ from those in the forward looking statements
include consumer reaction to our Cannabis products and new
regulations which affect the distribution of these products.
Further information on our risk factors is contained in our filings
with the OTC Markets. Any forward-looking statement made by us
herein speaks only as of the date on which it is made. Factors or
events that could cause our actual results to differ may emerge
from time to time, and it is not possible for us to predict all of
them. We undertake no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
Contact:
U.S. Energy Initiatives Corporation, Inc.
Investor Relations
Ph: 866 922-1116
Email: info@usenergyinit.com
Web: www.usenergyinit.com
Web: www.useicannabis.com
US Energy Initiatives (CE) (USOTC:USEI)
Historical Stock Chart
From Jan 2025 to Feb 2025
US Energy Initiatives (CE) (USOTC:USEI)
Historical Stock Chart
From Feb 2024 to Feb 2025