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Im sure they are saying .., WHATS THE POINT.... anything good that comes out just gets bashed anyway.....
USA RECYCLING INDS(Berlin: DXDA.BE )
Last Trade: 1.29
Trade Time: 5:30AM EST
Change: 1.2530 (3,386.49%)
How does that song go?? I GOT A FEELIN... that tonights gonna be a good good nite....
IMO GET ON THE USRI TRAIN.........
THIS THING IS A ROCKET SHIP TO MARS THATS ABOUT TO BLAST OFF!!!!!!
Anyone see or hear what this stock did today? I heard it was a blood bath........
USA Recycling Industries, Inc. Acquires Majority Stake in Pennsylvania Fuel Oil Delivery Service Provider
PrintAlert
Usa Recycling Indus (PN) (USOTC:USRI)
Intraday Stock Chart
Today : Monday 28 November 2011
USA Recycling Industries, Inc. (PINKSHEETS: USRI), a Pennsylvania-based scrap metals recycler providing specialty recycling services to automotive service centers throughout North America, today announced that it has finalized an agreement to acquire fifty-one percent (51%) of the common stock in Energy, Inc, a Reading, Pennsylvania-based fuel oil delivery service provider. Energy, Inc, since 1962, sells and distributes fuel oil to businesses and private residences in the Commonwealth of Pennsylvania. Under the terms, "Energy, Inc transfers fifty-one percent (51%) of right, title and interests of its common stock to USA Recycling Industries, Inc. effective Saturday, November 26th." The agreement further names USA Recycling Industries Chairman & CEO Vincent J Smith to serve as CEO and Director of Energy, Inc also effective immediately. Ms. Arlene Weidner will remain as President of Energy, Inc under the new corporate structure.
USA Recycling Industries CEO Vincent J. Smith commented, "The finalized agreement with Energy, Inc allows the Company to immediately broaden its services to include the sale and distribution of fuel oil to its existing commercial customers while we expand the Company's customer base with a planned online marketing approach, offering fuel oil deliveries to customers via the convenience of the internet."
About USA Recycling Industries, Inc.
USA Recycling Industries, Inc., formerly known as Voyager Petroleum, Inc. (www.usarecyclingindustriesinc.com), is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. The Company now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in January 2011. Operating since 2007, Scrap USA has been focused on and successful in targeting the Automotive Service Centre Industry. It currently provides specialty recycling programs to more than 4,000 automotive service center locations operated by some of the most recognizable names in that retail category. The Company's contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
About Energy, Inc
Energy, Inc sells and distributes fuel oil to businesses and private residences in the Commonwealth of Pennsylvania and has operated its fuel oil delivery business including a pumping station and storage facility in the City of Reading since 1962.
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, further milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
For Company Contact:
Vincent J. Smith
CEO
USA Recycling Industries, Inc.
Telephone: +1-877-464-5856
Email: Email Contact
WHO CARES! This information has nothing to do with USRI. He is not an officer, director or employee of this company. what happens to him has NO IMPACT on this company. I for one will be praying for him and his family... Im sure this is a very difficult time for him.
correct me if I am wrong because maybe I dont understand how this works BUT... if someone sells... doesnt someone also have to buy for there to be a transaction completed. So if i were a betting man I would say just as many shares got bought then got sold.....
call me crazy......
Reading Eagle
USA Recycling Industries Inc., a Reading scrap-metals recycler for automotive service centers, Monday announced that it has signed a letter of intent to form a proposed joint venture or other business arrangement with privately held Recycle Markets LLC, an Arkansas company that owns and operates the world's first-to-market used motor oil online trading platform.
Under the agreement, Recycle Markets would provide a means for USA Recycling Industries to reach used motor oil sellers around the world.
USA Recycling Industries Chief Executive Officer Vincent J. Smith said, in a prepared statement, "This pending agreement with Recycle Markets will enable us to have significant access to generators of used motor oil and other recyclable waste streams operating small to medium sized auto service center locations throughout the world, as well as provide us with a key first-to-market advantage."
WAIT! Dont all the negative people on here realize they bought shares of VYGO.. A totally seperate company. A company that had NOTHING going on... It was truly a DEAD BIRD.... Now a real managment team has taken over with a totally different business and TONS of SOLID information is being posted and people are still complaining... EVERYONE should be VERY HAPPY IMO that this is not the same company that they bought... This is a real company with real contracts and from what I can tell a SOLID business model...
IMO PATIENCE IS THE KEY TO THIS ONE!!!!!!!
Not close to the same... Do you know what BROKER means?
AER Energy Reignites Sales of Used Motor Oil in Partnership With USA Recycling Industries, Inc.
print
Usa Recycling Indus (PN) (USOTC:USRI)
Intraday Stock Chart
Today : Thursday 27 October 2011
AER Energy Resources, Inc. (PINKSHEETS: AERN) has completed a lucrative agreement with USA Recycling Industries, Inc. (PINKSHEETS: USRI) of Reading Pennsylvania. AER Energy Resources, Inc. will broker all UMO collected by the over 4,000 automotive service center locations USA has under contract.
Stanley F. Wilson, AER Energy Resources, Inc. President, stated, "USA is a leading scrap metal service contractor and USA will now add the collection of the used motor oil (UMO) from its thousands of national automotive centers. AER has long been a leader in sales of UMO to refineries and will now assist USA in that process. AER is pleased to have this opportunity to assist USA."
Based on USA projections, the UMO collection revenue stream could generate as much as $100,000,000 in new sales to USA in 2012 and up to an estimated $5,000,000 in fee income for AER Energy.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.
ABOUT USA RECYCLING INDUSTRIES, INC.
USA Recycling Industries, Inc. (www.usarecyclingindustriesinc.com) is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. The Company now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in December 2010. Operating since 2007, Scrap USA has been focused on and successful in targeting the Automotive Service Centre Industry. It currently provides specialty recycling programs to more than 4,000 automotive service centre locations operated by some of the most recognizable names in that retail category. The Company's contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to," "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Has anyone seen what the Stock is doing today... If you have could you please post it... Thx
Anyone know what the stock(USRI) did today? Would love to know....
HAHA! A Newspaper article shows FACTS? Get real Sir.... I have confirmed DUFORT has nothing to do with this company anymore....
a newspaper article shows facts... NOW THATS A GOOD ONE!!!
FYI...THE ASK IS UP
OMG..You are RIGHT!!! Something is UP!!! THE ASK!!!!!!
SBLC is not a LINE OF CREDIT... ITS A STAND BY LETTER OF CREDIT....
GIVE IT A REST MAN!!!! ITS A NON EVENT FOR THE COMPANY!!!
Give it a rest already! The guy has nothing to do with the company anymore he resigned in 2009 WELL before it was USRI... He borrowered 20k from the U/C... No money ever went into USRI or Scrap USA... The company has nothing to do with this....Talk about trying to throw a guy under the bus for no reason.... This board is supposed to be here to discuss the company NOT bash a guy who hasnt been a part of the company for 2 years...
GIVE IT A REST ALREADY AND MOVE ON!!!
In addition based on my DD Legendary didnt LEND 11m.. they posted and SBLC stand by letter of credit.. These are used to facilitate large transactions in the metals and Oil market...
PLEASE FOR THE SAKE OF REAL SHARE HOLDERS POST ACCURATE INFORMATION!!!!!
The document that is posted shows the transfer took place 3/15/11
That is the accurate information!
What I posted if you click the link shows that Dave Vach is 100% owner of Legendary Investments, LLC.....
Just click the link if you want to see accurate DD.
REQUEST TO MODERATOR: PLEASE POST THE MOST RECENT PRESS RELEASE AS A STICKY!! AS STATED BEFORE BY ONE OF YOU IT MUST BE WITHIN 48 HOURS! IT CAME OUT 20 MINUTES AGO! PLEASE STICKY IT ASAP!!!!!
THANK YOU
SOURCE: AER Energy Resources, Inc.
October 17, 2011 12:38 ET
AER Energy Announces Agreement as Exclusive Broker of Used Motor Oil Collected by USA Recycling Industries, Inc.
SCOTTSDALE, AZ--(Marketwire - Oct 17, 2011) - AER Energy Resources, Inc. (PINKSHEETS: AERN) has successfully signed an agreement with USA Recycling Industries, Inc. (PINKSHEETS: USRI) of Reading, Pennsylvania to act as the exclusive broker of 100% of the used motor oil collected by USA from its automotive service center customers.
Stanley F. Wilson, AER Energy Resources, Inc., President stated, "USA is committed to bundling its existing scrap metal service with the collection of the used motor oil waste stream and recognizes AER as a leader in that segment to assist them in that process. As an officer and director of USA as well, I have acquainted USA with the benefits AER can bring to their effort. AER is pleased to have been selected to work with USA."
"As USA gears up for our planned franchise offering, the addition of the UMO collection service to our existing scrap metal collection will make us that much more competitive to our 4,000 automotive service centre locations," said Vincent Smith, USA CEO. "Our pro-forma projects this new UMO collection stream could generate $102,300,000 of new revenue to USA in 2012 of which AER will generate fee income," Smith added.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.
ABOUT USA RECYCLING INDUSTRIES, INC.
USA Recycling Industries, Inc. (www.usarecyclingindustriesinc.com) is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. The Company now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in December 2010. Operating since 2007, Scrap USA has been focussed on and successful in targeting the Automotive Service Centre Industry. It currently provides specialty recycling programs to more than 4,000 automotive service centre locations operated by some of the most recognizable names in that retail category. The Company's contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
October 04, 2011 09:17 ET
USA Recycling Industries, Inc. Granted Authorization to Transport Waste Tires by Pennsylvania Department of Environmental Protection Bureau of Waste Management
READING, PA--(Marketwire - Oct 4, 2011) - USA Recycling Industries, Inc. (PINKSHEETS: USRI), a scrap metals recycler servicing the automotive service center industry with commercial customers throughout North America, today announced that the Pennsylvania Department of Environmental Protection, Bureau of Waste Management, has "granted it authorization to transport waste tires to a processing or disposal facility in Pennsylvania." The Company, according to Mr. Stephen Socash, Chief of the Division of Municipal and Residual Waste, in a letter dated September 28, 2011 addressed to USA Recycling Industries, Inc.'s CEO Vincent J. Smith, "will be operating under PADEP Authorization No. WTT1678, issued pursuant to Section 106.1 of Act 190 of 1996, as amended by Act 111 of 2002."
USA Recycling Industries CEO Vincent J. Smith stated, "The authorization recently granted by the Pennsylvania Department of Environmental Protection, Bureau of Waste Management, to the Company is our first step of many more to come where we intend to garner approval for the transport of waste tires throughout the North America. This initial state regulatory approval will allow USA Recycling Industries, Inc to begin to execute its operational business strategy of expanding its specialty recycling services and offering 'one-stop-shopping' to its North American customer base in the automotive service center industry."
About The Company
USA Recycling Industries, Inc., formerly known as Voyager Petroleum, Inc., (www.usarecyclingindustriesinc.com) is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. USA Recycling Industries now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in January 2011. Operating since 2007, USA Recycling Industries has been focused on and successful in targeting the Automotive Service Center Industry. It currently provides specialty recycling programs to more than 4,000 automotive service center locations operated by some of the most recognizable names in that retail category. USA Recycling Industries contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the Company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur.
Contact Information
For Further Information Contact:
Vincent J Smith
CEO
USA Recycling Industries, Inc.
Ph: 610-374-0282 or toll-free 877-464-5865
Email: Email Contact
September 30, 2011 13:07 ET
USA Recycling Industries, Inc. Discloses Corporate Events to the Public Domain
READING, PA--(Marketwire - Sep 30, 2011) - USA Recycling Industries, Inc. (PINKSHEETS: USRI), a scrap metals recycler servicing the automotive service center industry with commercial customers throughout North America, today announced several key corporate events that are expected to produce both short and long-term value for the Company and its shareholder base. The Company, through the outside accounting firm of Lynda R. Keeton CPA, LLC based in Henderson, Nevada, has finalized its financial statements through December 31, 2010 and along with the Company's Disclosure Statement both are expected to be released as current information to OTC Markets Group, Inc. in mid October 2011. Several key Corporate events resulted in the Company's decision to delay the release of its completed financial Statements and disclosure statement which are as follows:
1. The Company is in discussions with two (2) major used motor oil re-refiners, both privately-held firms, one based in the United States and the other Europe, to secure a direct end-user-consumer relationship for its collected Used Motor Oil. A final agreement is anticipated to be secured with one of the re-refiners in the near term;
2. The Company is in discussions with Exide Technologies (NASDAQ) to supply certain scrap metal products to Exide's smelter operations throughout North America and potentially its European operations. Exide has issued a purchase-order to the Company and a pilot-program will be implemented in the month of October 2011 to begin delivery of these particular scrap metal products;
3. The Company has engaged the New York law firm of Charles Internicola to assist the Company's Management in the development of the "USA Recycling franchise system" and the filing a national franchise registration offering to further expand the Company's market share www.FranchiseLawSolutions.com
USA Recycling Industries CEO Vincent J. Smith stated, "We have been able to position the Company well for fiscal year 2012 making major in-roads with direct end-user-consumers for a variety of recyclable materials. In addition, our planned franchise offering will provide significant growth opportunities throughout North American and allow the Company to reach a much broader market in the automotive service center industry sector. All of this will benefit the Company's market position while providing long-term value for the Company's shareholders."
About The Company
USA Recycling Industries, Inc. formerly known as Voyager Petroleum, Inc. (www.usarecyclingindustriesinc.com) is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. USA Recycling Industries now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in January of 2011. Operating since 2007, USA Recycling Industries has been focused on and successful in targeting the Automotive Service Center Industry. It currently provides specialty recycling programs to more than 4,000 automotive service center locations operated by some of the most recognizable names in that retail category. USA Recycling Industries contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some
of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the Company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur.
Contact Information
For Further Information Contact:
Vincent J Smith
CEO
USA Recycling Industries, Inc.
Ph: 610-374-0282
toll-free 877-464-5865
Email: Email Contact
INTERESTING ARTICLE I JUST CAME ACCROSS
http://www.metalbulletin.com/Article/2913766/Non-Ferrous/USA-Recycling-Exide-to-test-new-supply-chain.html
BUY USRI AND WATCH IT FFFFFLLLLLLYYYYYY!!!!
REQUEST TO ASSISTANT MODERATOR: Please post and sticky USRI's press releases dated Friday, September 30th and Tuesday, October 4th. Several request to the Moderator and the other Assistant have gone unanswered. Thank you.
REQUEST TO MODERATOR: Please post and sticky USRI's press releases dated Friday, September 30th and Tuesday, October 4th. Thank you.
Just want to make sure new readers see whats going on.... Although several requests to the moderator has been made to post the Press Release as a sticky... It appears that has not yet been done... this board seems to be notorious for showing the same post over and over again about what some think is negative information... I feel as a share holder the good stuff and stuff thats actually relevent should be put in front of all the eyes to see.....
Dont you agree?
September 30, 2011 13:07 ET
USA Recycling Industries, Inc. Discloses Corporate Events to the Public Domain
READING, PA--(Marketwire - Sep 30, 2011) - USA Recycling Industries, Inc. (PINKSHEETS: USRI), a scrap metals recycler servicing the automotive service center industry with commercial customers throughout North America, today announced several key corporate events that are expected to produce both short and long-term value for the Company and its shareholder base. The Company, through the outside accounting firm of Lynda R. Keeton CPA, LLC based in Henderson, Nevada, has finalized its financial statements through December 31, 2010 and along with the Company's Disclosure Statement both are expected to be released as current information to OTC Markets Group, Inc. in mid October 2011. Several key Corporate events resulted in the Company's decision to delay the release of its completed financial Statements and disclosure statement which are as follows:
1. The Company is in discussions with two (2) major used motor oil re-refiners, both privately-held firms, one based in the United States and the other Europe, to secure a direct end-user-consumer relationship for its collected Used Motor Oil. A final agreement is anticipated to be secured with one of the re-refiners in the near term;
2. The Company is in discussions with Exide Technologies (NASDAQ) to supply certain scrap metal products to Exide's smelter operations throughout North America and potentially its European operations. Exide has issued a purchase-order to the Company and a pilot-program will be implemented in the month of October 2011 to begin delivery of these particular scrap metal products;
3. The Company has engaged the New York law firm of Charles Internicola to assist the Company's Management in the development of the "USA Recycling franchise system" and the filing a national franchise registration offering to further expand the Company's market share www.FranchiseLawSolutions.com
USA Recycling Industries CEO Vincent J. Smith stated, "We have been able to position the Company well for fiscal year 2012 making major in-roads with direct end-user-consumers for a variety of recyclable materials. In addition, our planned franchise offering will provide significant growth opportunities throughout North American and allow the Company to reach a much broader market in the automotive service center industry sector. All of this will benefit the Company's market position while providing long-term value for the Company's shareholders."
IMO that 5k will be worth ALOT more than that!
TO THE MOON WE GO!!!!
GO USRI!!!!!
USA Recycling Industries, Inc. (PINKSHEETS: USRI), a scrap metals recycler servicing the automotive service center industry with commercial customers throughout North America, today announced several key corporate events that are expected to produce both short and long-term value for the Company and its shareholder base. The Company, through the outside accounting firm of Lynda R. Keeton CPA, LLC based in Henderson, Nevada, has finalized its financial statements through December 31, 2010 and along with the Company's Disclosure Statement both are expected to be released as current information to OTC Markets Group, Inc. in mid October 2011. Several key Corporate events resulted in the Company's decision to delay the release of its completed financial Statements and disclosure statement which are as follows:
1. The Company is in discussions with two (2) major used motor oil re-refiners, both privately-held firms, one based in the United States and the other Europe, to secure a direct end-user-consumer relationship for its collected Used Motor Oil. A final agreement is anticipated to be secured with one of the re-refiners in the near term;
2. The Company is in discussions with Exide Technologies (NASDAQ) to supply certain scrap metal products to Exide's smelter operations throughout North America and potentially its European operations. Exide has issued a purchase-order to the Company and a pilot-program will be implemented in the month of October 2011 to begin delivery of these particular scrap metal products;
3. The Company has engaged the New York law firm of Charles Internicola to assist the Company's Management in the development of the "USA Recycling franchise system" and the filing a national franchise registration offering to further expand the Company's market share www.FranchiseLawSolutions.com
USA Recycling Industries CEO Vincent J. Smith stated, "We have been able to position the Company well for fiscal year 2012 making major in-roads with direct end-user-consumers for a variety of recyclable materials. In addition, our planned franchise offering will provide significant growth opportunities throughout North American and allow the Company to reach a much broader market in the automotive service center industry sector. All of this will benefit the Company's market position while providing long-term value for the Company's shareholders."
About The Company
USA Recycling Industries, Inc. formerly known as Voyager Petroleum, Inc. (www.usarecyclingindustriesinc.com) is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America. USA Recycling Industries now participates in a $75 billion global scrap metals market through its acquisition of Scrap USA in January of 2011. Operating since 2007, USA Recycling Industries has been focused on and successful in targeting the Automotive Service Center Industry. It currently provides specialty recycling programs to more than 4,000 automotive service center locations operated by some of the most recognizable names in that retail category. USA Recycling Industries contracted automotive scrap metal suppliers are listed on the NASDAQ, New York Stock Exchange and others are owned by some
of the world's largest hedge funds. Having developed a national footprint in its current market of scrap metal collection & processing the Company is now comfortable with integrating other ancillary products such as used motor oil and other automotive related recyclables to its specialty services.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this document that are not historical fact, are forward-looking statements based upon management's current expectations. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. The results anticipated by any or all of these forward-looking statements may not occur.
For Further Information Contact:
Vincent J Smith
CEO
USA Recycling Industries, Inc.
Ph: 610-374-0282
toll-free 877-464-5865
Email: Email Contact
Funny.. and I am still trying to figure it out because I read it as well and its states He provided the U/C with a note and agreed to pay him the 20k plus 5k in interest sounds like a far cry from "laudering money" Sounds like the guy tried to borrow the 20k..
BUT... who cares the guy isnt an officer,director or has any association with the company for over 2 years..... WHY do you keep bringing it up...It has no relevence to anything USRI is doing... PLUS I beleive if he had done anything with illegal money with the company which from everything I have read he did not dont you think the company would have an issue... WELL they dont so its IRRELEVENT!...
MOVE ON!
IMO... This statement makes no sense... Talking about doing something and actually doing it are very different things... I to read the papers and the articles and from what I can tell all this guy did was borrow 20k from a guy. It appears he never put any of that money into the company nor did he do anything else other than borrow 20k that was represented as bad money. When it really was the govt's money all along... USRI was never accused of anything because IMO and based on what I have read they never did anything....
In addition it says that he resigned from Scrap LONG before anything having to do with VYGO or USRI....
I am not sure why people keep talking about this guy he is irrelevent at this point.
What you just said here makes no sense at all. The shares that we recieved as investors as a dividend were issued without putting up any funds to recieve them. In addition the reason they have no value is they are 144 restricted shares. Their value will be whatever the market price is when the 144 restriction is lifted (3/14/12) Not sure what you mean by they got our money..... The only shares you are buying are shares that people owned prior to the reverse split. USRI has not put any new shares into the market as far as I can see! Am I missing something?
Strange.. I just tried the toll free # 877-464-5865 and it worked fine....Not sure why you would post the false and misleading information.
1850 shares x .068 = $125.80... but whos counting
Here is the ACCURATE information for all of those who care to know the FACTS.... Below I found a link to the amendment regarding Legendary Financial, LLC VACH owns it and controls it...
http://sdatcert3.resiusa.org/UCC-Charter/ViewDoc.asp?Film=&Folio=&Pages=0003&Date=07132011&Ack=1000362002001404&Domain=Charter&ID=W11219730&Name=LEGENDARY FINANCIAL LLC&source=1
I am trying to follow you but I just dont see your point... Lubar resigned from Scrap in 09... He has nothing to do with USRI or any of the affiliated companies... If you read the report it appears the only thing this guy did was except 20k from an undercover agent....The company USRI is not as far as everything I have researched under any investigation nor have they been....
Why you are bringing things up about a guy who has nothing to do with USRI just doesnt make sense......
and you contradict yourself.. in one place you say Lubar controls Legendary(he does not) as I have confirmed this with the state of MD and then you go thru this whole rigamarole about when he resigned and Vach took over ... BLAH BLAH BLAH...
The facts as I see them is all of this information that you have posted is irrelevent!! Dont you think if Scrap was involved they would have a problem... I THINK SO!!!
Plus if you know anything about the press they love to juice things up to make them into news... but I am sure you know about that!!