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US Energy Initiatives Provides Another Company Update

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WOODLAND HILLS, Calif., December 14, 2021 (GLOBE NEWSWIRE) – via NewMediaWire US Energy Initiatives Corp, Inc. (OTC PINK: USEI) announces that management is submitting a link to a company interview conducted on December 13, 2021 to provide an update on the company’s potential business opportunities. See the link: https://recordings.tapeacall.com/t/x-8ZF3odbQtQ

According to Anthony K. Miller, CEO, “Today I did an interview which can be heard from the link above, it’s a 20 minute discussion I had with one of the Company’s investors… it’s 3rd or 4th time we talk about USEI business. The interview focused on the future of the business and how management intends to use their ‘digital assets’ to grow this business. Currently, Sumcoin assets of the company hover between $ 40 million and $ 60 million per day, and the projected value of this currency is expected to continue to grow in 2022.

“The aim of management is to initially place 10 million dollars of these assets “under management” this week with SUMCOIN BMCS INDICATIVE FUND a listed company (stock market symbol BMCS-OTC website …: www.bmcssumcoin.com) and the plan for this transaction is to receive the fair market value of the assets at the point of sale… and not a present value. The proceeds from this sale (which should take place in Q1 2022) will be used to start a “green energy miningFor the firm (details of this plan will be forthcoming). The interview will give investors a clearer picture of our intentions and the rationale for this decision.

“Finally, I continue to reiterate that we will not be increasing the authorized shares of USEI and that there is no consolidation of shares contemplated for the present or the future. The fundamentals of this firm are frozen and changing this structure is in no one’s interest. Management remains confident that this business has an incredible future, and our digital assets will be instrumental in that success, ”said Miller.

ABOUT USEI: US Energy Initiatives Corp is a publicly traded company trading under the symbol USEI on the over-the-counter markets, and the company is focused on many potential opportunities and will leverage its assets to build a strong public company. These markets are all emerging growth areas, and the company will use its important assets and tools to grow the business for its incredible future.

Forward-looking statements: This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those relating to projects expected from the United States Energy Initiative Corp. and related companies. All statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements involve risks, assumptions, uncertainties and other known and unknown factors. Future statements and statements using words such as “may”, “may”, “could”, “should”, “provide”, “aim”, “” “”. “Intention”, “objective”, “estimate”, “expect”, “expectations”, “project”, “projections”, “plans”, “anticipate”, “believe”, “think”, “confident” ” expected ”or similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of performance and are subject to a number of risks and uncertainties, many of which are difficult to predict and are beyond our control.

These risks and uncertainties could cause actual results to differ materially from those expressed or implied by forward-looking statements, and therefore should be carefully considered. You should take into account the risk areas described in any forward-looking statements that may be made in this document. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this report, and readers should carefully consider this report in its entirety. We disclaim any obligation to update any of these forward-looking statements as a result of new information, future events or otherwise, except as expressly required by law. Further information on our risk factors is contained in our filings with the OTC markets and the SEC website. Any forward-looking statements we make here speak only as of the date on which they are made. Factors or events that could cause our actual results to vary may occur from time to time, and we cannot predict all of them. We assume no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

CONTACT INFORMATION

RELATIONS WITH INVESTORS
STOCK SYMBOL: (USEI-OTC)
EMAIL: [email protected]
WEBSITE: www.usenergyinitiatives.com
TWITTER: @USEnergyinit
PHONE: 661.537.4822
LOCATION: WOODLAND HILLS, CA.
SOURCE: US Energy Initiatives Corp, Inc.