US Energy Initiatives Corporation (PINK: USEI) shares are soaring in early trading today. At last check, USEI shares were trading 57.61% higher at $0.0290 on above average volume of 4.35 million. The stock has now gained more than 460% in the last three trading sessions.
US Energy Initiatives, which has two separate energy initiatives, last Friday said that it is making substantial progress and is now positioning itself to commence the commercialization of an innovative hybrid fuel.
CEO Anthony Miller said that he is excited about the future of USEI and believes that the company will hit its stride very soon. Miller noted the USEI’s goal is to start execution of its business plan immediately.
US Energy Initiatives plans to commercialize an amazing product that will provide the company will immediate sales and revenue. Miller said the product USEI plans to launch is a high octane fuel for automobiles that is prized competitively to current fuel.
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