$USEI - US Energy Initiatives Corporation, Inc.
USEI Company Description
U.S. Energy Initiatives Corporation is a diverse energy firm that has a long history of developing automotive and hybrid fuel systems and technologies. This firm first started in 1996 and has had a long successful business history of developing its business strategies. Management's new goal is to develop its new and old technologies and to build a dynamic energy firm. The Company has three separate energy initiatives; one in the oil, gas & technology sector (brought in by Mr. Miller), one in the hybrid fuel or bio-fuel sector and one in the automotive sector. Our goal immediate goal is to develop our bio-fuel opportunities and going forward our goal is to 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. Our overall goal is to become an environmentally responsible energy company; utilizing all methods available to generate income.
USEI Key Company Management
Mr. Anthony K. Miller is the Chief Executive Officer and Chairman of the Board of Directors of U.S. Energy Initiatives Corporation (Stock Symbol USEI-OTC) from March of 2012 to the present day; and also CEO of AM Oil Resources & Technology Inc. from 2008 to when it was merged into U.S. Energy Initiatives. From August 2005 to March 2009, Mr. Miller was the Chief Executive Officer of Fire Mountain Beverage Company, a publicly traded company which he co-founded. The company was a producer and marketer of branded bottled water products for itself and private label brands for many well known national retailers. From 1996 to July 2004, Mr. Miller was the President and Director of United States Crude International of Redlands, California, a publicly traded oil production and technology company. Simultaneously, Mr. Miller was the interim President and Director of The Cyber Group Network, a publicly traded company that developed a tracking device for lost computers.
From 1999 to 2008 Mr. Miller served as a Director of Winmax Trading Group, including serving on the Audit Committee . From March 2001 to November 2002 Mr. Miller was a Director of States Power Company Inc., a publicly traded alternative energy company (Bio-diesel) trading on the OTC Bulletin Board.
Mr. Miller received a Masters of Business and Administration in Management from Columbia Pacific University. His expertise includes business management, creating and establishing business structure, start-up consulting, creating a business identity, mergers, reverse takeovers, acquisitions, raising capital, going public, financial reporting, annual meetings, investor relations and creating strategic alliances to stimulate growth.
USEI Contact Info
US Energy Initiatives Corporation, Inc.
18723 Via Princessa #341
Santa Clarita, CA 91387
Website: http://www.usenergyinit.com
Phone: 866-922-1116
Email: info@usenergyinit.com
USEI SEC Filings
http://www.otcmarkets.com/stock/USEI/filings
USEI Headlines
Investigate more about USEI @ http://www.otcmarkets.com/stock/USEI/quote for more due diligence.
AM Oil Resources & Technology Inc is a wholly owned subsidiary of U.S. Energy Initiatives Corporation (Symbol: USEI-OTC) and the Company was formed for the express purpose of bringing forth a proven business opportunity that is more relevant now, based upon historical high crude oil prices, than when it was introduced into the market in 1996 when prices were at historical lows.
Our plan is to create a Dynamic Oil and Gas Production Company that will utilize our technology to enhance production and produce significant oil revenues from properties acquired, through our relationships. We will acquire and develop new oil properties for enhanced oil production (with heavy or light gravity oil) create partnerships with operators, create strategic alliances for primary and secondary recovery, and partner with farm-ins on properties where our technology may be utilized to improve recovery efforts. Our goal is to become an environmentally responsible oil and gas company; utilizing all methods available to improve oil recovery.
Oil Production and revenue generation is our immediate targeted goal. We believe that we will accomplish this goal throughout 2012 and into perpetuity. Additionally our objective is marketing our technology to all potential customers worldwide.
The Company’s Goal is to utilize our team of professionals with all of their experiences to become an extremely profitable Oil and Gas Production and Technology Company. This elite team will develop and market our technologies to provide solutions to help minimize U.S. dependence on foreign oil.
Our Technology and Manufacturing Efforts are targeted to companies looking to enhance domestic production and reduce our dependence on foreign oil. However; collectively the technologies were designed to address the worldwide need for enhanced recovery. Engineering and Manufacturing will begin in the first quarter of 2013… Including Marketing. Management has formed a team of both past and present engineers to assist in the success of this venture.
History Note: The prior firm United States Crude International sustained itself as a publicly traded oil company for over 10 years with the same business model (acquiring property and enhancing oil production with this technology). This was accomplished with oil prices at historical low values (of $12 to $20.00 per barrel… The Company had months where it produced $50,000 in oil revenue… at those prices); and now with significantly higher crude oil prices Management believes that this opportunity is enormous… if we just repeat that model.
The Company’s goal is to re-introduce, refine, develop and market proven oil recovery technology, and acquire oil properties to utilize technology to produce crude oil.
Management will be seeking to acquire properties for generating revenues, testing and demonstration of the devices and to create strategic partnerships in significantly larger firms to enhance the global reach of these technologies.
Management believes that its unique approach of applying its proprietary technologies to marginal wells, with known reserves, will earn the company a profitable niche in the petroleum industry. Targeting approximately 390,000 producing “stripper” (marginal) wells in the United States, the Company is ideally positioned to ride the tide of rising global demand for oil by providing an environmentally safe and cost-effective method of maximizing oil production from existing wells. Strategically marketing this technology positions the Company to benefit from the U.S. and world demand for oil, resulting in significant growth in both revenues and profits.
Upon final commercialization of the technologies the Company will have over 5 options to consider:
1). To be a manufacturer of oilfield technologies;
2). To become a significant oil producer;
3). To become an oil service company;
4). To become a licensee of technologies worldwide or;
5). Any combination of the aforementioned.
“AM Oil Resources & Technology Inc. previously traded on the OTC: BB under the symbol (AMOR.OB) until 10-1-09, when we terminated our Material Definitive Agreement with Aventerra Exploration a shell company. At the moment of the legal termination, approved by FINRA, AM Oil Resources & Technology Inc. became a private company again”…comments Management
