US Energy Initiatives Corp (USEI)

[askjsell]

Dudes,

USEI is a shell company fully engaged in the pump and dump game.

A couple of years ago, this same management engineered a really good scam in the form of Singular 96 and announced a $150 million deal. The stock jumped...but nothing came of this supposed deal and this supposed product.

If this stock traded on the NYSE or Nasdaq, management would have been the target of law suits and legal action as this is appears to be securities fraud.

Now, this time around...USEI, which is a fuel company, is changing their business model entirely and transforming into a cannabis company..... doing everything from farming, cultivation, edibles, consumer products, oil, dispensary. Once again, the stock jumped and is selling off.

Management has broken several key promises....releasing audited financials, releasing edibles in April. Once again, they would be sued for issuing misleading statements if this stock traded on a major exchange.

This company, this management are engaged in a smoke and mirrors game. Many people are patiently waiting for the next press release...hoping there will be good news. But, management cannot promise you anything else...they already promised you everything. They cannot announce real business, because they have none and never will get any. To get business, you need a product...which USEI does not have, nor will ever have.

Next year, USEI will announce entry into a new business, and once again, the stock will jump and sell off.

This is what they do....every few years, they announce something big...the stock jumps, insiders get out..and everyone else is left holding the bag.