WOODLAND HILLS, CA -- December 27, 2021 -- InvestorsHub NewsWire
-- US Energy Initiatives Corp, Inc. (OTC
PINK:USEI) announces that the Management has conducted
an interview about the Company’s plans for the Metaverse and its
green mining initiatives. See link: https://recordings.tapeacall.com/t/n4Jz-Eet78gQ
According to Anthony K. Miller, CEO, "Today I had an interview
that can be found on the link above, which provides investors with
our short and long term goals and objectives in the Metaverse and
mining industries. It is our understanding that the Metaverse
communities will grow at exponential rates and Management believes
that it is only responsible that US Energy Initiatives take
advantage of its opportunities in this sector.
“USEI is seeking to liquidate a minimum of $10 million of its
digital assets in the first quarter of 2022 (more if required) for
the sole purpose of bringing shareholder value to its investors.
This interview provides a discussion of our hopes and goals in the
Metaverse community. The Management of USEI hopes to ultimately
utilize its cash to create a community where Sumcoin is the
currency of choice; through strategic alliances. We have purchased
a number of URLs, created tons of NFTs, and we have a plan to
create products and services that we hope to utilize in the
future.
“Microsoft and Facebook are spending millions of dollars to
obtain their portion of this industry, which is projected to
potentially total $8 trillion dollars, according to a
marketwatch.com article (I read over 10 articles this weekend on
this sector… all of them were positive). We are confident that this
is a great potential opportunity for USEI, our stockholders, and
our stock values. As we continue to achieve milestones, we will
continue to provide shareholders with updates on our progress, and
I hope the interview gives you all clarity.
“What is the Metaverse? It's a combination of multiple elements
of technology, including virtual reality, augmented reality and
video where users "live" within a digital universe; it also may
contain elements or be integrated along with the blockchain
technology. Supporters of the Metaverse envision its users working,
playing and staying connected with friends through everything from
concerts and conferences to virtual trips around the world. Three
years ago folks thought we were crazy for getting into crypto
currency and look at us now… crazy or innovative either one works.
In the coming weeks we will purchase property and move headlong
into this space. This is a long play, the industry is years away
but the time is right now for us to get in ahead of the gold rush,”
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 digital assets to grow the
firm.
ABOUT BMCS: BMCS Sumcoin Index Fund Inc.,
formerly BioTech Medics, Inc., has a Delaware Statutory Trust that
holds Sumcoin (SUM) on behalf of its shareholders. The investment
objective of the Trust company is for the shares to reflect the
value of the Sumcoins held by the Trust, determined by reference to
the Sumcoin Index Price, less the Trust’s expenses and other
liabilities (NAV). Sumcoin is a cryptographic blockchain that uses
a scrypt proof-of-work algorithm to determine its value (that
changes every 20 minutes). Our firm offers a business model that is
patterned after others in this same digital asset space. People
seeking to invest in crypto can invest in our stock and get the
benefits of the appreciating value of the Company’s stock that is
designed to appreciate faster than the currency.
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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