Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  New Poll  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » Good News USCI!

 - UBBFriend: Email this page to someone!    
Author Topic: Good News USCI!
Leardron
Member


Member Rated:
4
Icon 1 posted      Profile for Leardron     Send New Private Message       Edit/Delete Post 
USCI -- United States Crude International, Inc.
Com (No Par)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

U.S. Crude International Signs Agreement with Marketing Company

REDLANDS, Calif., Nov 16, 2004 (PRIMEZONE via COMTEX) -- United States Crude International Inc. (Pink Sheets:USCI) today announced that the Company has completed negotiations and finalized an exclusive agreement with a marketing company to have its TM Steam Generator Technology marketed in Saudi Arabia, Kuwait and the Philippines. USCI will receive 49% of the revenue generated through this marketing agreement. U.S. Crude International is also still in negotiations with other marketing companies interested in marketing the TM technology in domestic and international markets.
USCI Interim President Tom Meeks stated that: "We are excited about the marketing agreement and are pleased that everything is moving forward as planned. We are looking forward to increased sales and revenue in the upcoming year."

The Company

United States Crude International is an oil-recovery and other energy related technologies company. USCI will market its current technologies. USCI holds the license and the rights to market the TM-96 Steam Generators, the TM-98 Portable Gas System and the TM-9 Deep Steam System. These units, used separately or in conjunction with each other, provide pressure needed to drive oil through a ground formation and improve the free flow of crude oil.

Although major oil companies have used steam and gas technologies for years, the TM technologies provide a portability and low cost of operation not previously available.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act

Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.

SOURCE: United States Crude International


By Staff

CONTACT: United States Crude International
Investor Relations
(909) 799-3440


(C) 2004 PRIMEZONE, All rights reserved.

-0-

INDUSTRY KEYWORD: Oil Exploration & Production
SUBJECT CODE: ENERGY
OIL & GAS
CONTRACTS
MARKETING
Business Contracts


Posts: 1006 | From: Camp Hill, PA, USA | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
   

Post New Topic  New Poll  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share