US Energy Initiatives Corp (USEI)

[jugs]

You're absolutely correct in saying that audited financials are critical for any company. When I look at USEI I see a development stage company seeking to pull together a business plan capable of utilizing available assets. At this point I don't know what assets we have or can lay claim to nor do I have an understanding of available cash or credit facilities.

What I suspect is that there is no company cash whatsoever and Tony may be funding his activities thus far, hoping to be reimbursed at a later date. If I'm right about there being little to no meaningful cash flow, then there can be no meaningful financials. This is not yet a viable, functioning, income-producing company, to be judged by the same metrics all companies are judged---via published financials, whether they be audited or not.


All in my opinion only.