US Energy Initiatives Corp (USEI)

[rhumphre1]

Unfortunately GCASA, their are a lot of things that have FELL THROUGH HERE due to the apparent inept ability of Tony to complete anything he has started!

I am NOT interested about the MJ business as that IS NOT what I was told this business was about when I bought in!

IF Tony sold off the BIO business their should have been notice about it. IF he is now running a diverse business then WHERE is the FILINGS reporting that? Has Tony failed to REPORT to the IRS that side of the business? If so, WHY?

I have had a comment " well then SELL "! How laughable. I should sell my shares purchased at an INFLATED price by a P&D CON ARTIST running a SCAM??? I will just continue to inform the WHISTLEBLOWERS WEB site along with the local AG's office of ALL the inconsistencies I find going on here until Tony get's his act together.

I have NOT heard from any LONGS here who obviously got into USEI over a year ago when this company was supposed to be a BIO business. What is your take on this FLIP of the business? Do you approve of being sold a 2014 Mercedes and then have it towed off with no info. as to WHY and be handed a 1960 VW in it's place???

IMHO, Tony was in over his head in the BIO field, didn't have the funds to make it work and finally realized his BIO endeavors, just like his previous NUMEROUS attempts at running a business were NOT going to get off of the ground.

So WHY did Tony do a quick about face to MJ?? Would that be since the pending MJ issues were a " hot item " in the markets and from his past failures he knew he could CON some new blood looking to profit from the MJ industry?? If this business is ran into the ground as all his others what next??

What is anyone's take on Tony's Mother-In-Law all of a sudden hitting the scene and owning an existing MJ business with Tony apparently just stocking the shelves with SOME items? Is everyone to believe that USEI is now a " retail operation " with a couple of stores and POSSIBLY more opening some day?

Just look at some of the BIG MJ PLAYERS and the money their BALANCE SHEETS are raking in and even how their companies are DIVERSIFIED within the industry. Bottom line.....they already HAVE the tools, funding, know how, patents, etc. in place and profiting from it.

Go back to 5/16/12 and start going forward. READ the PR's AND balance sheets Tony has tossed out since that time. WHERE did all the money go from that BIO operation??? What happened to ALL of those supposed partnerships that Tony was bragging about? You obviously got a 20% DIVI last year and now one reported for 2014 which I shouldn't need to remind anyone as to the DILUTION it causes. Has anyone bothered to take a look at the shares that have been handed out over the last 24+ months? Is Tony living on selling shares during his NUMEROUS P&D's??

This company is REGISTERED in Delaware. Do you know what that means as far as a DIVIDEND?

Delaware.....[i] A Delaware corporation may pay dividends out of surplus or, if there is no surplus, out of net profits for the fiscal year in which the dividend is declared and/or for the preceding fiscal year, except that dividends may not be paid out of net profits if, after the payment of the dividend, capital is less than the capital represented by the outstanding stock of all classes having a preference upon the distribution of assets.


Looking at the BALANCE SHEET/PROFIT & LOSS, etc. I find it hard to imaging he can be handing out 20% of the shares. Of course when your the PRINTER, it is easy to do isn't it?

Lots of questions here shareholders should be asking but all anyone can see is MJ flying off of his Mother-In-Law's store shelves. Unfortunately, Tony doesn't OWN any stores now does he.....please correct me IF I am wrong and NO I do NOT consider a partnership as a " sole owner " because one partner could only have a 1% interest.......get the picture?

What ever happened to AM OIL that Tony said he owned back in 5/16/12...... " With the acquisition of AM Oil (www.amoilresources.com), we have assembled an ever expanding team from industry, manufacturing, marketing, finance, and oil production folks built for success. We are now ready to build a dynamic oil production and technology firm that will have significant growth year after year. In the coming weeks, we will unveil our near and long term plans for our company."

Another share selling scheme? Look at the PPS back then! WHERE did all of those " plans " go to? How many MILLIONS did Tony make off of that deal? Shareholders didn't see one penny did they?

What happened to the SINGULAR 96 " big deal " Tony had? SANTA CLARITA, Calif., June 5, 2012 /PRNewswire/ -- US ENERGY INITIATIVES CORP (USEI.OTC) announced today that it has entered a Joint Venture with BulovaTech Labs, Inc., a private company located in Austin, Texas, and Silicon Valley, California ("Bulova"), to distribute a fuel product designed to replace the current formulation of gasoline. The proprietary patent pending gasoline replacement product was developed by Bulova over several years.


SANTA CLARITA, Calif., July 30, 2012 /PRNewswire/ -- U.S. ENERGY INITIATIVES CORP (USEI.OTC) today announces that it is ready to begin shipments of its fuel. The product is branded Singular 96™.

According to Anthony Miller, CEO, "our partnership has raised sufficient capital to begin shipments of our fuel and we are scheduling to ramp- up shipments to 24 loads per week, within 3 weeks to fulfill our existing contract (which totals $150 million). U.S. Energy Initiatives is the managing partner of the venture.

So just WHERE did this money go??? I can't seem to find it on the BALANCE SHEET!! I bet the AG's office, the SEC or the IRS won't either!

The last 2+ years is FULL of this type of SHARE SELLING HYPE but where are the PROFITS from all of Tony's effort???

Here is the Y/E for 2012.........no PROFIT and a NET LOSS?! No huge anything going on in 2012 like Tony stated was happening.

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=101043

Here is the 1st 6 mos. of 2013........see any improvements???

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=110397

Here is Y/E 2013 and basically more of the same.....

SHOW US THE MONEY TONY!! WHERE are all of the PROFITS you were claiming in the BIO side of this " diverse " business you are supposedly running???

It is a KNOWN FACT that CEO's that hand out shares or accept 3rd party promotions including " other forms " of payments for P&D's and then a P&D is perpetuated on the unsuspecting while the " insiders " dump their shares.......well lets just say STOCKPROMOTERS.COM shows 226 P&D's for USEI over the last SEVERAL MONTHS and a boat load of money being paid to enties and 3rd party promoters for their services.

I think everyone get's the picture as to WHY their was not one word of INFORMATION from Tony as to the " bait and switch " SCAM that he slapped on shareholders in January 2014.