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You're probably right. He made progress Friday but close doesn't count. He needs one more level. Is it in him ? Imagine having the money to get current and more and not being able to get to it. This has gone on too long. He needs to wrap up the banking Fiasco then all else will fall into place.
*****All that matters for USEI and shareholders is found right here
https://www.otcmarkets.com/stock/USEI/disclosure
And still nada zippo nuttin posted there
ENOUGH SAID
The longer you wait the more you lose.
Tony has been working on this ticker like a chemist!! Eventually he's going to figure it out!! The loyal shareholder will be laughing all the way to the bank!! Maybe the realtor?? Maybe the dealer??
I am waiting for updates. Let’s give a little more time so he can resolve the issue with authorities.
Metaverse, Minings and Green Energy are thee big fields which blow the Usei share price
Wait and patience
Once we're back at .0015 -.002 and climbing, I'll know he has filed and put out PR.
*****All that matters for USEI and shareholders is found right here
https://www.otcmarkets.com/stock/USEI/disclosure
And still nada zippo nuttin posted there
ENOUGH SAID
When you're playing on Tony's level it's nothing to get assistance!! It also comes with strings attached!! I'd rather him take his time and choose the best option for him and us shareholders!! To the top is where we are headed!!
Slojab, maybe they are just big investors who want to help.
Lot of people have a lot of $$$ invested here.
$USEI L.O.B. I salute you for all you provide here. Outstanding information!!!
Sounds like USEI is close to resolving all issues with BOA. .
Crypto is new territory.
We all were blind sided by these new Biden era restrictions, imo.
Sounds like we are close to recovery of trading.
I wonder where we will see the PPS once all is revealed.
Better have some powder on hand. I see volatility coming down the road.
Price could skyrocket with the right news.
Fingers crossed.
JMHO.
I think you may attributing incorrectly something to me that someone else said;
Possibly energy wave? I wouldn't ask that other Q in light of recent Crypto crash and all else.
$USEI: Slojab: Those funds ..from the Sale of 'X' SUMCOINs....
Apparently is significant enough to TRIGGER
Money Laundering Laws ..
As far as I know SUMCOIN cannot be converted to FIAT anywhere else!!
Banks DON'T CLOSE/FREEZE accounts which have < $10k !
We'll know soon....
GLTA
All signs point to that conclusion.
Tony's silence among the most prominent.
I will answer that. Tony has sold zero sumcoin just as I predicted a year ago.
I think you misunderstood what I was saying.
If he sold the $10M Sumcoin through BMCS, he wouldn't need anyone giving him money to meet whatever money needs he has. So, it would seem to me that he didn't sell the Sumcoin assets as was thought/claimed.
Can you get an answer out of him on that?
Exactly. He does have the money for the accountant and the filings of the K and the Q, and 4 years of state of NV, ready to roll if they unrestrict one just more account. It could be certain shareholders of BMCS have tried to offer but are told just to buy into BMCS. Shareholders of USEI may have offered but I don't think it is needed or allowed.
Why would he need folks to give him money if he sold $10M Sumcoin through BMCS?
Unless, of course, he didn't.
Excerpt from tonymillertmiller@gmail.com
2:45 PM (3 hours ago)
to me
"Note I've been with BofA since 1999.. this venture requires a minimum of 4 bank accounts to transfer money... (BofA never questioned any account I've open historically) BMCS, USEI, THE GUARDIAN and THE PARENT... all of these accounts were established over a year ago until they recently closed them all... BMCS has audited financials so every penny has to be tracked perfectly... it is impossible to move money from one public company to another leagally... today I got 3 of the 4 accounts open ( it will take a couple days to know that they don't just close it back if the back office finds something they don't like)... so I can respond to you properly next week... I have folks that want to give me money, but over the last few weeks there was no place to send it leagally."
*****All that matters for USEI and shareholders is found right here
https://www.otcmarkets.com/stock/USEI/disclosure
And still nada zippo nuttin posted there
Big Tony was the guy who got himself into this mess.
Let's Hope this works tomorrow late morning. It really can't go on for much longer. All that money locked up needing to pay for filings and accountantants fees. If this doesn't handle it, I think it will be Mergerville, which I don't want at all.
$USEI Chase bank, not Bank of America. Huge difference, imo.
Thanks for the info LOB.
How to buy Crypto and Bitcoin with Chase Bank
https://www.buybitcoinbank.com/cryptocurrency/buy-crypto-chase-bank
JPMorgan steps up as first big US bank offering broad retail crypto funds access
https://www.businessinsider.com/jpmorgan-first-big-us-bank-offering-retail-crypto-funds-access-2021-7
Record stablecoin market share points to crypto upside: JPMorgan
https://cointelegraph.com/news/record-stablecoin-market-share-points-to-crypto-upside-jpmorgan
"Pointless"? Maybe for trading purposes.
But the idea of filing an 8-K isn't concerned with traders. Its concern is for shareholders to let them know of a material event so that they're protected from traders that may have gained knowledge of the material event.
$USEI: Slojab: C' Mon. Tony (or anyone else) is NOT going to be filing 8ks on the Expert mkt!
It's pointless ..the First order of the day is to get RE-LISTED.
And towards that end . The Wyoming SOS shows "CURRENT & ACTIVE".
Next. . . Banking. Which according to certain posters he's actively pursuing.
GLTA
QB is an OTC Markets designation and has no bearing on providing an 8-K.
Here is a Limited Info ticker that has plenty of 8-Ks.
https://www.otcmarkets.com/stock/LLLI/disclosure
Here's another.
https://www.otcmarkets.com/stock/HDVY/disclosure
How about an Expert Market ticker.
https://www.otcmarkets.com/stock/FPMI/disclosure
Not for a PK. OTCQB and higher.
Yes, if there was something to announce.
And before you claim OTC companies aren't required to file an 8-K to inform shareholders of material events, check the link at OTC Markets under "SEC Filings"
https://www.otcmarkets.com/market-activity/news
Are you saying Tony should have filed an 8K? While on the OTCPK?
USEI needs another enlightening LEE6 interview.
And more cowbell, of course.
There are many reasons why a bank might close an account. Assuming that a huge deposit from the undisclosed sales of Sumcoin by BMCS is one of the least likely reasons. So far, Miller has not given a legitimate reason for it. Why?
A material event such as the successful completion of the Sumcoin asset should have been announced. There would be no reason not to.
No, this closing of accounts sounds like a problem unrelated to a massive deposit of funds. In fact, there's no proof of any bank closing a USEI account. Just Tony saying so.
$USEI:Acme: Banks don't close accounts which have MEAGRE FUNDS...
It's too expensive for them to do so.
So ..now that Wyoming SOS shows $USEI as CURRENT..
$USEI must have a SUBSTANTIAL AMOUNT of funds ... through the sale of a portion of SUMCOIN assets.
That's a very SOUND reason for Banks to raise Red Flags. They started doing this much more than before....after the war started.
GLTA
Tony is meeting with Chase bank officials tomorrwo at 11:30 A.M. Wish him luck..
Trading will resume!! Facts!!
I don't make excuses for someone when they don't announce a material event when there is one. I just figure there isn't one to announce.
I think that's the case with the Sumcoin. There're no buyers.
He mentioned it in a pod cast. That he expected them to sell within the month he mentioned it or shortly after.
If he did manage to sell those assets, why announce it now when it's not trading. Or, could be he's restricted in announcing news until it's back on the OTCPK.. jmo.
It's not a case of my remembering, which I certainly do, but a case of there being proof that Miller was able to monetize those coins. Did I miss where he said he has?
USEI put up $10,000,000.00 worth of digital assets with the BMCS Sumcoin index fund, remember?
https://microcapdaily.com/us-energy-initiatives-corp-inc-otcmkts-usei-on-the-move-as-company-enters-the-metaverse-transfers-millions-in-sumcoin/
If I look at History, I d say he'll communicate by July 1st. We just need more info or conclusions.
Even so, the same questions are appropriate with the numbers adjusted to account for two companies.
I've heard nothing that I can remember about millions of dollars being deposited raising red flags by the banks. Where did he say these millions came from?
It may have been 3 accounts for USEI and 3 for BMCS. Tony said in April most or all of the digital assets USEI placed with BMCS would be sold, blown out as he put it. If they did sell BMCS would be transferring funds in the millions to USEI which, imo would trigger red flags at BOA, which may require freezing assets per the banks procedures. Tony said in interview, USEI was still in the shell stage running on fumes then all of a sudden millions are deposited into the account, that may be what occurred.
Why would Miller require 6 different bank accounts? And why would every one of them have something to do with crypto that would cause the bank to close them? And why would Miller not have a single bank account that has nothing but cash in it? And even if there were legitimate reasons all the questions above would he not have opened an account by now so that he could take care of the business at hand?
Miller insults his shareholder's intelligence.
This is now about their 6 different bank accounts being frozen. If they weren't frozen, they could pay their accountant and for the filings needed to be up and trading again. He said 8 days ago it should be resolved by the end of last week ?
This was from over two months ago.
US Energy Initiatives
@USEnergyInit
·
Apr 15
$USEI WILL NOT DEFAULT... TODAY WE FILED TWO REQUIRED DOCUMENTS WITH OTCM... OVER THE NEXT TWO WEEKS WE WILL PAY THE FEES, FILE THE FINANCIALS (WE HAVE THEM NOW) AND AN ATTORNEY LETTER... WE ARE ON THEIR TIMETABLE... WILL KEEP YOU UPDATED
$USEI: EW: Ok Things may be moving in the right direction...after all.
GLTA
I didn't realize the plan was to drive the sp up to $.007 in 2021 then bring it back to where it was in 2020. A lot of people lost money here.
*****All that matters for USEI and shareholders is found right here
https://www.otcmarkets.com/stock/USEI/disclosure
And still nada zippo nuttin posted there
I love it when a plan comes together!!
Good info. Twitter from June 1, says NV. I would imagine that if he improves the banking situation or files the K and Q, He would update Twitter.
I'm pretty sure Tony incorporated it in Wyoming like BMCS. Looks like it's all OK with the SOS. Banking issue may already be resolved. It will take OTCMarkets a few days to update the info once they accept the filings and fees and then the tier change.
Fingers crossed.
Nevada says 2018 Wyoming says 2019 and when you click on the ? it explains all is good, fees paid up to date and filings accepted, up to date.
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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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