News 
Market Data 
Discover
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Daily Chart: Nice base at .02 - has become solid support - yesterday - just 2 days ago some fortunate person got .015's - I bet he is gone now.
RSI just turned up - congrats if you got some today! This is a pink you don't have to babysit - I think you will see steady daily progress until deadline of 02/27/09
>
USEYQ chart: should hit resistance at .05 - in no time - need to break through that!
Chart 2
Chart 1
.02 - not flinching on these sells - let these profit takers out - then when people read about the 02/27/09 deadline - this will go IMO
Big volume the other day at .04 - I can't imagine who wouldn't of sold then and is getting out now - LOL 
Notice .02 holding with the bid whacking?
.01's - not many left - and they need to stop being greedy and sell at .02 for a 100% gain -
Full Chart of USEYQ
Would love a .01 buying opportunity here! looks like some .015's were sold today - too bad I was at work and couldn't snag them! Accumulation is almost off the chart!
Looks good stock, I'll have to check it out some. The Q's have been very very good to me lately 
|
Followers
|
2
|
Posters
|
|
|
Posts (Today)
|
0
|
Posts (Total)
|
50
|
|
Created
|
01/13/09
|
Type
|
Free
|
| Moderators | |||
US Energy Systems, Inc.
http://www.usenergysystems.com/
U.S. Energy Systems, Inc. (USEY) develops clean, efficient energy sources, produces power, and provides energy services, all in concert with the needs of the customer. USEY distinguishes itself by the quality and customization of the products and services that it delivers and its commitment to providing maximum value for each of its customers. USEY’s technologies and practices protect and improve the environment, reduce emissions and global warming, and alleviate energy shortages in key markets. Fuel efficiency, combining the production of heat and power (CHP), renewable energy, and natural gas exploration and production are central to our operations.
U.S. Energy Systems, Inc. is a vertically integrated "clean and green" energy company that seeks to acquire and enhance high-potential energy assets.
USEY owns and operates energy and power projects in the United States and the United Kingdom through its two subsidiaries, UK Energy Systems, Ltd. and U.S. Energy Biogas Corp.
Through its subsidiaries, USEY's principle businesses are:
Natural gas exploration, production and transportation
Natural gas-fired power generation and sales
Green and renewable energy development, particularly landfill gas-to-energy
In addition, USEY regularly explores opportunities to participate in additional green energy and natural gas projects that offer attractive growth opportunities.
Natural Gas
Though its UK Energy Systems subsidiary, USEY actively participates in the areas of exploration, production and transportation of natural gas. The current focus of USEY's Natural Gas Services is in the onshore, North Yorkshire region of the United Kingdom. USEY owns and is actively investing to maximize and optimize four developed and producing natural gas fields, as well as exploring and producing from at least two additional undeveloped fields in the same region. Currently, the natural gas is utilized for power generation and sold to a large utility, but production and sales directly into the wholesale market are expected in the near future.
Green Power and Renewable Energy
USEY is committed to the development of green power and renewable energy through its US Energy Renewables subsidiary. Current projects include 23 landfill gas (LFG) to energy sites which sell power or LFG directly to either utilities or large retail and wholesale customers. Focus includes not only the expansion of the LFG portfolio, but also investment and growth into other renewable energy sources such as biodiesel and biomass.
Energy Services
USEY provides energy services for large retail energy users, such as industrials, hospitals and universities. Such services include combining the production of heat and power to provide electricity, steam and hot water and cooling, and the onsite operations management of the energy and utility related infrastructure.
Cogeneration
USEY invests in cogeneration of electricity and thermal energy, such as steam, hot water or cooling, which creates both cost savings and an improved environment. The company builds, owns and operates combined heat and power facilities.
UK Energy Systems Limited
UK Energy Systems, Limited (UKES) is a UK-based energy company specializing in natural gas exploration, production and transportation as well as related power generation. The UK is the world’s third largest consumer of natural gas. UKES is the newest and largest subsidiary of U.S. Energy Systems, formed in August 2006 with the completion of a series of acquisitions.
Headquartered in Knapton, UKES owns and operates Viking UK Gas Ltd., founded in 1979. The company currently owns the licenses to six proved gas fields (four developed and producing, and two undeveloped). All existing reserves are located in the North Yorkshire region of the UK. In addition, UKES owns all the associated collection, transportation and processing facilities for the proved fields, as well as a 42 MW single cycle, LM 6000 gas turbine powered by the fields' produced gas. UKES has an existing commercial agreement with ScottishPower via long-term power purchase and gas sales agreements.
UKES's objectives for the North Yorkshire project are to maximize the efficiency and power production of the gas turbine, maximize natural gas production from its producing and undeveloped gas fields, and ultimately to sell natural gas into the UK wholesale market. UKES has clear strategies for achieving each of these objectives.
Led by an experienced, world class management team, UKES is also examining a variety
of long-term and strategic growth opportunities, including:
Further natural gas exploration and production from regional on-shore unexplored reserves.
Potential tolling arrangements.
Vertically integrating the company into the natural gas value chain.
Shares Float 21,090,000
Total Shares Outstanding 21,704,236
% Owned by Insiders 25.64 %
% Owned by Institutions %
Market Cap. $ 618,571
Trading Volume - Today 82,128
Trading Volume - Average 52,800
Trading Volume - Today vs. Average 155.55 %
Earnings Per Share -1.72
PE Ratio
Record Date 2009-JanA
http://www.shortsqueeze.com/?symbol=useyq
As previously reported on January 16, 2008, U.S. Energy Systems, Inc. (the "Company") and two of its subsidiaries, U.S. Energy Overseas Investments LLC and GBGH, LLC, filed voluntary petitions to commence cases under chapter 11 of Title 11 of the United States Code on January 9, 2008 in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On August 22, 2008, the Company and the two subsidiaries filed Plans of Reorganization (the "Plans") with the Bankruptcy Court. The Plans remain subject to modification and revision.
On November 20, 2008, the Company and the two subsidiaries filed a motion with the Bankruptcy Court requesting an extension of the exclusive period during which the debtors have the exclusive right to solicit acceptances of the Plans from December 5, 2008 to February 27, 2009. The extension was requested to allow the debtors more time to complete negotiations with Silver Point Finance, LLC regarding a stalking horse agreement for the sale of the stock or assets of U.S. Energy Biogas Corp. and for the restructuring of the GBGH, LLC pursuant to a term sheet between the parties. The Company anticipates in the next two to four weeks (a) finalizing the stalking horse agreement and (b) incorporating the term sheet into the Plans and filing such amended Plans with the Bankruptcy Court.
http://biz.yahoo.com/e/081125/useyq.pk8-k.html
SUPPORT GREEN EFFORTS
