US Energy Initiatives Corp Inc (OTCMKTS:USEI) has not been in news for more than two months but that did not seem to have an effect on the sentiments of investors yesterday.
The stock emerged as one of the notable movers yesterday and ended the day with gains of as much as 25%. In this situation, it might be a prudent idea on the part of investors to take a look at an announcement from the company back in July. At the time, US Energy Initiatives Corp announced that its management was exploring the possibility of getting into a range of business ventures that could unlock considerable value for the company’s investors.
In addition to that, the Chief Executive Officer of the company Anthony K Miller had also participated in an interview around that time and at that interview, he spoke about some of the aspects of US Energy Initiatives Corp’s business. He repeated the same and stated that in the preceding two months, US Energy Initiatives Corp had been exploring a range of opportunities in different sectors. At this point, it might be a good idea for investors to wait for more information to emerge with regards to the company’s operations before making a decision about the stock.
