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US Energy Initiatives Deposits Digital Assets for Sale and Moves Into the Metaverse
US Energy Initiatives Deposits Digital Assets for Sale and Moves Into the Metaverse.
About this update from Us Energy Initiatives
[{"type":"text","content":"\n WOODLAND HILLS, CA, Dec. 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- US Energy Initiatives Corp, Inc. (OTC PINK:USEI) announces that the Company has transferred $10 million of its digital assets to BMCS SUMCOIN INDEX FUND dba Bio Tech Medics, Inc. (stock symbol BMCS-OTC)  to be sold at “market value’ to generate capital to execute its 2022 Business Plan that includes “green energy mining” and the entrance into the Metaverse sector. According to Anthony K. Miller, CEO, \"Today we announce that the Company has done what it reported in its December 14, 2021 press release, transferring $10 million dollars of its digital asset into position to be sold. Management hopes that the currency should be sold in the first few months of 2022. The BMCS business plan is designed to provide worldwide holders with an exit strategy for their Sumcoin that will turn their digital currency into US dollars, and receive the fair market value for their assets. When the capital is available, Management will initiate a significant mining operation that encompasses green energy as the source of power. Management has done significant research on this operation and believes that the revenue projections will be outstanding. “Additionally, Management has been investigating opportunities for the Company in the Metaverse. What is the Metaverse? It's a combination of multiple elements of technology, including virtual reality, augmented reality and video where users ‘live’ within a digital universe; it also may contain elements or be integrated along with the blockchain technology. Supporters of the Metaverse envision its users working, playing and staying connected with friends through everything from concerts and conferences to virtual trips around to the world. Three years ago folks thought we were crazy for getting into crypto currency and look at us now… recently, we have be dabbling in the NFT space which could be tremendously lucrative, so call us crazy or innovative, either one works. Management believes that everything we have researched tells us that the Metaverse is a great direction for USEI. In the coming weeks we will purchase property and move headlong into this space. This is a long play, the industry is years away but the time is right now for us to get...