Subscribe free!

Find out why we're the #1 free penny stock alert newsletter


Ascent Solar Technologies Inc. (ASTI) Launch of Solar Powered Charger cause Stock to Rise Wednesday

| |

Shares of US Energy Initiatives Corp. (PINK: USEI) fell sharply in Wednesday’s trading session. The penny stock of USEI ended the day 17.39% lower at $0.0380, with volume up from daily average of 3.04 million to 12.12 million.

Despite the losses on Wednesday, USEI shares are up more than 106% this week.

US Energy Initiatives this week entered into a joint venture for sale of alternative fuel. USEI signed a joint venture agreement with Bulova Tech Labs Inc. Under the terms of the agreement, USEI will distribute a fuel product designed by Bulova to replace the current formulation of gasoline. The fuel product, called A Universal Fuel™, is sold under the brand Singular 96™.

Posted by on Thursday, June 7th, 2012. Filed under Internet, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Leave a Reply