SANTA CLARITA, CALIFORNIA December 8, 2014 (PRNewswire) - US ENERGY INITIATIVES CORPORATION, INC. (OTC Pink: USEI) is pleased to announce today that the Directors...
U.S. Energy Initiatives Corporation Inc. is a diverse (publicly traded Symbol: USEI) energy firm, that has a long history of developing automotive and hybrid fuel systems and technologies. This firm started in 1996 and has had a long successful business history of developing its business strategies. Management’s new goal is to develop its old and new technologies and to build a dynamic energy firm.
The Company has two main initiatives; one in the Biodiesel production sector and one in the Medical Marijuana and Hemp sectors:
From 2014-2015 U.S. Energy Initiatives will center on the bio-fuels, Medical Marijuana and Hemp for developing products and services. Our goal here is to become an environmentally responsible firm, marketing our products to a worldwide audience to produce significant revenue and add value for our shareholders
USEI Cannabis Corporation (www.useicannabis) is a wholly owned subsidiary of US Energy initiatives Corporation Inc. and was formed for the express purpose to take advantages of extensive relationships with legal growers, dispensaries, product developers, marketers, patent holders and other professionals in the cannabis industry. Management believes that these relationships and opportunities could and will create significant opportunities for the firm
BIOFUEL: Under our hybrid & bio-fuel business sector will produce significant quantities of biodiesel through partnerships and develop our own alternative fuels for automotive and stationary power plant usage; and develop fuel for all domestic markets. Management, its Partners and Consultants have a long history of developing hybrid fuel dating back to 2003 when it built the first biodiesel plant on the west coast of the U.S.; that remains operational to this day.
The Company plans to develop its own bio-fuel (s) and market certain processing and development equipment into the marketplace for all usage. Our goal is to utilize existing feedstock’s that may include processed or used vegetable oils and/or virgin oils to produce biodiesel and focus on commercial applications where we currently have significant connections.
Industrial Hemp is a variety of Cannabis sativa and is of the same plant species as marijuana. However, hemp is genetically different and distinguished by its use and chemical makeup. Hemp has long been cultivated for non-drug use in the production of industrial and other goods. Some estimate that the global market for hemp consists of more than 25,000 products. It can be grown as a fiber, seed, or other dual-purpose crop. Hemp fibers are used in a wide range of products, including fabrics and textiles, yarns and raw or processed spun fibers, paper, carpeting, home furnishings, construction and insulation materials, auto parts, and composites. The interior stalk (hurd) is used in various applications such as animal bedding, raw material inputs, low-quality papers, and composites. Hemp seed and oilcake are used in a range of foods and beverages, and can be an alternative food protein source. Oil from the crushed hemp seed is an ingredient in a range of body-care products and also nutritional supplements. Hemp seed is also used for industrial oils, biodiesel, cosmetics and personal care, and pharmaceuticals, among other composites.
Our Oil and Gas goal is acquire and develop stranded or un-recovered oil properties for enhanced oil production, create partnerships with operators, create strategic alliances for primary and secondary recovery, and partner with farm-ins on properties where our technology and others will be utilized to improve recovery efforts. Our goal here is to become an environmentally responsible oil and gas company; utilizing all methods available to improve oil recovery.