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WOODLAND HILLS, CA, March 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – US Energy Initiatives Corp, Inc. (OTC PINK:USEI) is pleased to announce that the firm has made significant steps to restore the company back within compliance placing the focus on the future.
According to Anthony K. Miller, CEO, "Today we announce that we have launched our new website that is designed to provide information about the company and to begin to unveil the new vision for the firm in 2021 and beyond. Management intends to maintain some business in the MJ space but focus on green energy in conjunction with cryptographic currency and mining. As many of you know, the company has significant assets in certain currencies and management will seek to enhance, leverage, sell and or hypothecate to utilize the company’s assets to sustain this company for the future. The launch of this website will give a glimpse of our vision which we will build upon it in the coming weeks.
“Additionally, the company is proud to announce today that management has finally gained access to the OTC Markets portal, and on Monday, March 15, 2021, the company will upload the 5 absent financials that are deficient. This process has been a long journey, but we are finally ready to be compliant.
“Management is also proud of the fundamentals of this company and we believe that we have the assets and the necessary tools to sustain ourselves for a long time to come. Hence, management has no immediate or future plans for restructuring this firm, including R/S, mergers or acquisitions. We are excited about the market opportunities for the growth of this firm, and we would like to thank you all for your patience as we endeavor to move the company forward,” 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 in the coming years. 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.
STOCK SYMBOL: (USEI-OTC)
LOCATION: WOODLAND HILLS, CA.
SOURCE: US Energy Initiatives Corp, Inc.