WOODLAND HILLS, CA, January 7, 2022 (GLOBE NEWSWIRE) – via NewMediaWire – US Energy Initiatives Corp, Inc. (OTC PINK: USEI) announces that management has placed orders for its green energy extraction initiative, continuing to execute its business plan.
According to Anthony K. Miller, CEO, “Today we are announcing that USEI currently has a standing order for a number of L3 + Bitmain Antminers miners. These miners have the ability to mine many script algorithm coins and tokens, diversifying holdings from using the USEI and increasing its potential to maximize profitability. Use of the USEI of renewable green energy will also give the USEI the ability to increase its level of profitability a step further. renewables will remain with solar power as the primary source of energy. The use of renewable energy solves the problem of mining cryptocurrencies reducing its carbon footprint. USEI will continue to grow in the blockchain community, the metaverse and the new mining of profitable future coins. USEI continues to focus on growing and maximizing its profits. Last month, we placed $ 10 million in numerical assets. risks of USEI under management for liquidation; we expect this currency to be fully sold in the first quarter of 2022. This money will give USEI the capital to continue exploring all the possibilities that the crypto ecosystem and Metaverse offers this business … we will grow this business as far as we can. money will lead us. We have an incredible business model that is built for the future.
“Finally, I continue to reiterate, over and over again, that we will not increase the authorized actions of the USEI (we are at the maximum) and that there is no pool of interests envisaged for the present or the future. The fundamentals of this firm are frozen and changing this structure is in no one’s interest. Plus, there is no toxic debt in this business (zero)… and no equity debt expected in the immediate future or the long term, ”Miller said.
ABOUT USEI: US Energy Initiatives Corp is a publicly traded company trading under the symbol USEI on the over-the-counter markets, and the company is focused on many potential opportunities and will leverage its assets to build a strong public company. These markets are all emerging growth sectors, and the company will use its important assets and tools to grow the company for its incredible future.
Forward-looking statements: This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those relating to projects expected from the United States Energy Initiative Corp. and related companies. All statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements involve risks, assumptions, uncertainties and other known and unknown factors. Future statements and statements using words such as “may”, “may”, “could”, “should”, “provide”, “aim”, “” “”. “Intention”, “objective”, “estimate”, “expect”, “expectations”, “project”, “projections”, “plans”, “anticipate”, “believe”, “think”, “confident” ” expected ”or similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees 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 or implied by forward-looking statements, and therefore should be carefully considered. You should take into account the risk areas described in any forward-looking statement that may be made in this document. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this report, and readers should carefully consider 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 statements we make here speak only as of the date on which they are made. Factors or events that could cause our actual results to vary may occur from time to time, and we cannot predict all of them. We assume no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
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STOCK SYMBOL: (USEI-OTC)
E-MAIL: [email protected]
LOCATION: WOODLAND HILLS, CA.
SOURCE: US Energy Initiatives Corp, Inc.