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Re: Slojab post# 54

Friday, 09/07/2012 10:40:26 AM

Friday, September 07, 2012 10:40:26 AM

Post# of 255
OTCMarkets also targetted USEI, BLVT, PGCX, NNBP and ECSL by giving them the Caveat Emptor status due to their connection with Stanton.

Interesting reply on this action by the CEO of USEI....

Good Morning Remi and thank you for your interest... we are actively working on the removal of the CE... OTC Market hit every company that had any relationship with Mr. Stanton on Friday... (There were 7 companies)



There rationale: "We believe there is a public interest concern with this security because of the company’s significant ties with an individual under federal investigation".

We along with our attorney, voiced our opinion that it was unfair since that individual has no relationship with the company other than a shareholder... and those shares held are subject to Rule 144 (volume restrictions)...We are filing a required disclosure statement today or tomorrow to comply to their request... and the CE will be removed immediately thereafter.

Thanks a Bunch

Anthony K. Miller, CEO

US ENERGY INITIATIVES CORP.




"Give 'em the old Razzle Dazzle.....razzle dazzle 'em"

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