US Energy Initiatives Becomes Current and Ready for Green Initiatives
May 13 2021 - 6:15AM
InvestorsHub NewsWire
WOODLAND HILLS, CA -- May 13, 2021 -- InvestorsHub NewsWire
-- US Energy Initiatives Corp, Inc. (OTC
PINK:USEI) is pleased to announce that the firm has
finally fulfilled the requirements for compliance and once again
the firm is back to CURRENT PINK on OTCM. This has been a
protracted process and management wants to say thank you for your
patience and support.
According to Anthony K. Miller, CEO, "Today
marks a new era for this Company and management is now ready to
focus on structuring this company for growth. As many of you know,
the company has significant crypto assets (well over 40 Million
dollars of Sumcoin) and management will seek to enhance, leverage,
sell and or hypothecate these assets to sustain this company for –
future gains. Sumcoin is a widely held cryptographic
blockchain using a scrypt proof-of-work algorithm. The
Sumcoin algorithm tracks all coins in real time (it changes in
price every 20 min) and its price is an aggregate or “SUM” of all
top 100 most valuable coins by market capitalization.
“Historically, USEI has been a Green Company,
and we have produced biodiesel at commercial levels, we owned and
operated two cannabis dispensaries, participated in multiple grow
and extraction operations. Over the last two months, we have
investigated how we can utilize natural gas and wind (green energy)
to mine cryptocurrency. Our hope over the next few weeks and months
is to announce green crypto projects and joint ventures utilizing
the company Sumcoin assets to finance some of the operational
objectives. We believe that we have an incredible future ahead of
us,” commented Miller.
ABOUT USEI: US Energy Initiatives Corp is a
publicly traded company traded under the symbol USEI on OTC
Markets, and the company focuses on MJ, green energy, and
currencies as it goes forth. These marketplaces are all emerging
growth industries, and the company will utilize its significant
assets and tools to grow the firm for its incredible future.
Forward-Looking Statements: This press release
contains "forward-looking statements" within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. All statements, other than statements of
historical fact, including those with respect to the expected
projects of US Energy Initiative Corp. and related companies. All
statements that are included in this Press release, other than
statements of historical fact, are forward-looking statements.
Forward-looking statements involve known and unknown risks,
assumptions, uncertainties, and other factors. Statements made in
the future tense, and statements using-words-such as "may, "can,"
"could," "should," "predict," "aim'" "potential," "continue,"
"opportunity," "intend " "goal," "estimate," "expect,"
"expectations," "project," "projections," "plans," "anticipates,"
"believe," "think," "confident" "scheduled" or similar expressions
are intended to identify forward-looking statements.
Forward-looking statements are not a guarantee of performance and
are subject to a number of risks and uncertainties, many of which
are difficult to predict and are beyond our control.
These risks and uncertainties could cause actual results to
differ materially from those expressed in or implied by the
forward-looking statements, and therefore should be carefully
considered. You should consider the areas of risk described in
connection with any forward-looking statements that may be made
herein. We caution you not to place undue reliance on the
forward-looking statements, which speak only as of the date of this
report and readers should carefully review this report in its
entirety. We disclaim any obligation to update any of these
forward-looking statements as a result of new information, future
events, or otherwise, except as expressly required by law. Further
information on our risk factors is contained in our filings with
the OTC Markets and the SEC website. 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 INFORMATION
INVESTOR RELATIONS
STOCK SYMBOL: (USEI-OTC)
EMAIL: info@usenergyinitiatives.com
WEBSITE: www.usenergyinitiatives.com
TWITTER: @USEnergyinit
PHONE: 661.537.4822
LOCATION: WOODLAND HILLS, CA.
SOURCE: US Energy Initiatives Corp, Inc.
US Energy Initiatives (CE) (USOTC:USEI)
Historical Stock Chart
From Oct 2024 to Nov 2024
US Energy Initiatives (CE) (USOTC:USEI)
Historical Stock Chart
From Nov 2023 to Nov 2024