USEI ANNOUNCES A 20% STOCK DIVIDEND FOR SHAREHOLDERS OF RECORD ON THE RECORD DATE
SANTA CLARITA, CALIFORNIA December 8, 2014 (PRNewswire) - US ENERGY INITIATIVES CORPORATION, INC. (OTC Pink: USEI) is pleased to announce today that the Directors of USEI have approved a 20% restricted common stock dividend for shareholders of record on the company’s record dated. Management will be filing a Corporation Action with FINRA to issue a restricted stock dividend. The dividend will be added to the shareholders’ existing shares on the pay date. Details of the transaction will become available to the shareholders once FINRA has approved the Corporate Action.
According to Anthony Miller, CEO, “For the second year in a row we have decided to award all of our loyal shareholders with this additional stock because they have stuck with us through our new transitional phase; to now where we see some growth and significant optimism. Many of our shareholders have held this stock for many years, and they along with newer shareholders, will now become beneficiaries of our anticipated growth. In 2014 we have made many changes to our overall mission and management believes that our future is still very positive, and our business model will produce sustainable growth. In the coming days and weeks there will be other news related to this transaction to clarify our actions and our vision. ”, commented Miller
About U.S. Energy Initiatives: U.S. Energy Initiatives Corporation (OTC Pink: USEI) is a diverse energy firm. USEI and its wholly owned subsidiary USEI Cannabis business’ centers on hemp to energy, everything cannabis related and developing products and services for the marketplace. Our Ultimate Cure & Real McCoy Genuine Products: we market vapor pens and accessories, topical ointments, cannabis oils and tinctures all under these same names. Our focus in the state of Washington is currently CBD Cannabis however, we are not just focusing on CBD side of business (http://www.useicannabis.com/web/washington-partnerships/… Our online store: http://www.theuccbdshop.com/); we are actively working to obtain the ability to produce our own products, own our own recreational dispensary and grow marijuana. Our goal here is to become an environmentally responsible firm, marketing our products to our audience to produce significant revenue and add value for our shareholders. We have very ambitious goals and objectives for USEI Cannabis and we believe that we will have a very long presence in Washington, and wherever cannabis is legal. Our objective is to create a foundation that will be instrumental in our continued efforts to capture our market-share and create viable products that meet our goals and objectives for these markets. For more information regarding our strategies it can be found on the company’s website @ www.useicannabis.com/web/.
DISCLOSURES: “Safe Harbor” This press release contains forward-looking statements including statements regarding the timing of the revenue from the partnership and the partnership’s success. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward looking statements include consumer reaction to our Cannabis products and new regulations which affect the distribution of these products. Further information on our risk factors is contained in our filings with the OTC Markets. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Contact: U.S. Energy Initiatives Corporation, Inc.
Ph: 866 922-1116