{"id":1765,"date":"2013-06-24T14:14:36","date_gmt":"2013-06-24T14:14:36","guid":{"rendered":"\/?p=1765"},"modified":"2013-06-24T14:14:47","modified_gmt":"2013-06-24T14:14:47","slug":"the-otc-professor-takes-up-us-energy-initiatives-corp-otcmktsusei","status":"publish","type":"post","link":"\/articles\/the-otc-professor-takes-up-us-energy-initiatives-corp-otcmktsusei\/","title":{"rendered":"The OTC Professor Takes Up US Energy Initiatives, Corp. (OTCMKTS:USEI)"},"content":{"rendered":"<p> US Energy Initiatives, Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a>) is a disaster, but this not stop promoters from trying. Third day in a row, this wannabe energy company has been making large net losses for the day. On Friday, sales slowed down a bit to around 2 million shares, but <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> had dug deep into the double-zero ground, reaching $0.004, five times lower than the 2 cents a few days ago. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/USEI0624.png\" border=\"0\" alt=\"USEI0624.png\" title=\"USEI0624.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The latest promoter for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> came in on June 23rd, and was The OTC professor. The promoters rely heavily on the potential of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> to trade up within minutes, although the end of the day comes with heavy net losses. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> is not for the faint of heart, but still, there are enough takers. At a really depressed price, this ticker is ready to deliver more daily swings this Monday. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CSKH0624.png\" border=\"0\" alt=\"CSKH0624.png\" title=\"CSKH0624.png\" width=\"350\" height=\"156\" \/><\/p>\n<p>The company is ambitiously trying to provide traditional as well as biofuels, and in a recent press release promised to ramp up production. The financial data show ambiguous results from those efforts:<\/p>\n<ul>\n<li>Zero revenues <\/li>\n<\/ul>\n<ul>\n<li>$57,000 quarterly net loss <\/li>\n<\/ul>\n<ul>\n<li>$95,000 cash <\/li>\n<\/ul>\n<ul>\n<li>$665,000 total current assets <\/li>\n<\/ul>\n<ul>\n<li>$1 million total current liabilities <\/li>\n<\/ul>\n<p>So far, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> is still in development, but this does not prevent the ticker from being a source of fast gains for many pumpers. The compensation for the pumps was $4,000, but enough to generate noise on an almost inactive ticker. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> is especially attractive, as the last batch of double-zero tickers fizzled out and lost all credibility, so pumpers were ready to seize a fast underpriced mover.<\/p>\n<p>The possible new contenders to replace <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> would be tickers like Clear Skies Solar, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CSKH\">CSKH<\/a>), standing at $0.0013 and newly active, with large intra-day swings. At around a cent, Trulan Resources, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TRLR\">TRLR<\/a>) is moving again on the interest of promoters.<\/p>\n<p>Renewable energy is in fashion among small cap companies, and most of them use it to sound respectable and gain general interest, with hardly enough revenues. In this case, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=USEI\">USEI<\/a> is a blatant and dangerous promotion and it is best to stay away unless you can handle the disproportionate daily swings in price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US Energy Initiatives, Corp. (OTCMKTS:USEI) is a disaster, but this not stop promoters from trying. Third day in a row, this wannabe energy company has been making large net losses for the day. On&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[795,30,791],"class_list":["post-1765","post","type-post","status-publish","format-standard","hentry","category-news","tag-cskh","tag-trlr","tag-usei"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1765"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1765\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}