US Energy Initiatives Corp (USEI)

[askjsell]

Dude, you want proof of pump and dump?

USEI and it's current management team has a history of pump and dump.

Here's an example :
"The joint venture that US ENERGY INITIATIVES and then BulovaTech Labs, Inc., was recently purchased by CyberFuels Inc, subsidiary of EncounterCare: the joint venture also includes a 150 Million dollar contract between USEI and the new owner"


Here's what Miller had to say:
"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)."


Following the announcement of this massive $150 million deal :
"sub penny stocks have missed out on incredible gains from U.S. Energy Initiatives Corp. (OTC PINK: USEI). USEI stock has now gained 5,333% since May 1st after leading the Pinksheets on the most actively"

Now what happened to this $150 million deal...it never happened. Classic pump and dump.

Need I say more? The same thing is happening again. Lots of PR announcing major deals and agreements...but no actual revenue to report.