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Re: rhumphre1 post# 19747

Sunday, 07/06/2014 12:33:59 PM

Sunday, July 06, 2014 12:33:59 PM

Post# of 50087
Several months ago I, too, spoke to the importance of financials. I now see it as irrelevant inasmuch as it appears we have extremely limited income. Financials express the return on investment (ROI) due a corporate entity. Without sales, ROI must be denominated differently. Thus, when Tony explains what he is doing and where he goes to accomplish same, he is keeping us in the loop. It's to be assumed that as soon as his activities are monetizable (convertible to cash or its equivalent), he'll lay things out before us. This is what a CEO is supposed to do.

Scrutinizing financials belonging to a company without meaningful income is comparable to looking at last December's Christmas tree and wondering how many presents there'll be the next morning. So why keep bringing this up? Our business's mature development won't happen overnight because it can't.

Regarding State residency: I haven't seen anywhere that items relative to the cannabis industry must be manufactured, cooked, baked or otherwise produced by licensed State residents. The proviso appears to relate to licensing requirements aimed at bringing sellers into compliance. The seller becomes responsible for stated levels of cannabis content. I see this as an attempt to limit criminal activity and I strongly approve of it. There is nothing at all in this that might cast a pall onto Tony. He's been as upfront as could be regarding the avoidance of anything that could possibly be linked to criminal behavior.

The above may not stifle those bent upon venting their anger for whatever their reasons at the expense of all shareholders, but it does express my opinions for whatever they may be worth to others.

I'm hopeful USEI will do well in the months ahead and I look forward to hearing of positive developments.