US Energy Initiatives Corp (USEI)

[robocop8]

Good morning everyone, reference the status of our dividends, here is what I found after conversation with my broker (Fidelity Financial):

“Obtaining Rule 144 Opinion Letters

Your SEC Rule 144 lawyers will have to request an opinion letter from the issuing party or its counsel. Sometimes, the issuer will quickly consent to the sale and agree to remove the restricted legend”

My take on the situation is that USEI or representing council must submit conventional stock symbol to associated transfer agent(s) to replace existing CUSIP codes (mine are #903996114 and #903996841) which will, in turn, be forwarded to individual brokers and allow us to trade them. Our brokers only HOLD our securities… They don’t make decisions on what to NAME or CLASSIFY them. CUSIP codes do not sell on the market. That being said, I personally have no problem writing up an opinion letter designating USEI as the underlying stock symbol, however brokers will not regard an opinion letter coming from me or my attorney. It must come from USEI or its counsel. This issue needs to be readdressed with Tony.

Due to restrictions on pennies right now, I cannot buy more USEI shares through my broker- I can only sell them. Further, I cannot sell the existing dividends showing under CUSIP codes… which make up 1/3 of my total holdings… Love the company and renewed trading interest, but we must do better...SERIOUSLY!