US Energy Initiatives Provides Another Company Update
14 Dezember 2021 - 1:09PM
InvestorsHub NewsWire
WOODLAND HILLS, CA -- December 14, 2021 -- InvestorsHub NewsWire
-- US Energy Initiatives Corp, Inc. (OTC
PINK:USEI) announces that Management is submitting a link to a
Company interview conducted on December 13, 2021 to provide an
update on the Company’s potential business opportunities. See link:
https://recordings.tapeacall.com/t/x-8ZF3odbQtQ
According to Anthony K. Miller,
CEO, "Today, I did an interview that can be heard
from the link above, that is a 20 min discussion that I had with
one of the Company’s investors… this is the 3rd or 4th time we have
spoken about the affairs of USEI. The interview focused on the
future of the firm and how management intends to utilize its
“Digital Assets” to grow this firm. Currently, the company’s
Sumcoin assets hover between $40- $60 Million dollars daily and the
projected value of this currency is expected to continue to grow in
2022.
“It is Management’s goal to initially place $10 million dollars
of those assets “under management” this week with BMCS SUMCOIN
INDEX FUND a publicly traded company (BMCS-OTC stock symbol…
website: www.bmcssumcoin.com) and the plan for this transaction is
to receive the fair market value for the assets at the point of
sale… not a discounted value. The proceeds from this sale (which is
projected to occur in the 1st quarter of 2022) will be utilized to
commence a “green energy mining operation” for the firm (details of
this plan will be forthcoming). The interview will provide
investors with a clearer view of our intentions and the rationale
for this decision.
“Finally, I continue to reiterate that we will not increase the
authorized shares of USEI and there is no reverse split
contemplated for the present or the future. The fundamentals of
this firm are fixed and changing this structure is not in anyone’s
best interest. It is still Management’s belief that this company
has an incredible future, and our digital assets will be
instrumental to this success,” stated 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 many potential opportunities,
and will leverage its assets to build a robust public company.
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.
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