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U.S. Energy Initiatives Announces FINRA Approval of Corporate Name Change to U.S. Energy Initiatives Corp, Inc.
U.S. Energy Initiatives Announces FINRA Approval of Corporate Name Change to U.S. Energy Initiatives Corp, Inc..
About this update from Us Energy Initiatives
[{"type":"text","content":"\n\n\n\n\n\n\n\nU.S. Energy Initiatives Announces FINRA Approval of Corporate Name Change to U.S. Energy Initiatives Corp, Inc.\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nU.S. Energy Initiatives Announces FINRA Approval of Corporate Name Change to U.S. Energy Initiatives Corp, Inc.\n\nPR Newswire\n\nSANTA CLARITA, Calif., April 3, 2013\n\n\n\n\n\n\n\nSANTA CLARITA, Calif., April 3, 2013 /PRNewswire/ -- U.S. ENERGY INITIATIVES (OTCPink: USEI) is pleased today to announce that Financial Industry Regulatory Authority (\"FINRA\") has approved its name change to U.S. ENERGY INITIATIVES CORPORATION INC. FINRA announced yesterday that, \"This corporate action will take effect at the open of business today 4-3-2013.\" Along with this name change there was a domicile change, there was No CUSIP change, No reverse split done or contemplated, No exchange of certificates or Symbol change. \n\n\n\n\nAccording to Anthony Miller, CEO, \"the Management of USEI believes that this was a very necessary step to protect our business opportunities. Over the last 30 days this identity thief issue has been our focus; and with this behind us, we can now move forward to grow our business. In the coming weeks we believe that everyone shall see a 'transformative change' in our company as we begin to work with our strategic partners to build our core biofuel business. The swiftly growing biodiesel industry has robust growth potential and the demand for biodiesel is substantial not only in the private sector but also by federal and state agencies. We believe that the direction that the Company has taken will yield in great results for our Shareholders and Investors. The Federal subsides approved by the U.S. Congress of $1.00 per gallon of biodiesel produced, provides us with assurance of profitability. Our partners have significant biofuel production right now with projections of producing millions of gallons this year; our goal is to join them in the next few weeks.\"\n\n\n\nAbout U.S. Energy Initiatives\nU.S. Energy Initiatives Corporation is a diverse energy firm that h...