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U.S. Sustainable Energy Corp. Summarizes Investor Conference Call
2006-10-26 09:35 ET - News Release
NATCHEZ, MS -- (MARKET WIRE) -- 10/26/06
U.S. Sustainable Energy Corp. (PINKSHEETS: LFZA) "USSEC" today announced a summary and digitized replay access of an investor conference call held yesterday at 4:15 pm EDT. To hear a recording of the call which will be available for the next 30 days dial toll free 800-428-6220 in the United States or Canada; or dial 404-920-6440 internationally. The pin code needed to listen to the replay is: 53325716
John Rivera, USSEC's CEO, exclaimed: "We were very pleased to host this informative conference call. We had previously announced and invited the international investment community as well as local and national media to listen to this conference call in advance of our upcoming groundbreaking demonstration of our technology which will be held at 11:00 CST am on Oct. 31st, 2006 at City Hall in Vidalia, LA. As previously reported, USSEC will demonstrate the powering of Vidalia City Hall using a 175kw generator, a brand new, out of the box gasoline lawnmower, a Yamaha Riva 2 stroke gasoline engine and a 1 million mile old Detroit Diesel all using USSEC's revolutionary next generation unique patent pending biofuel."
Other items discussed on the conference call included, but are not limited to, the following topics:
-- USSEC's management team is wholly focused on production of renewable recyclable Green Energy, including certified 737 organic fertilizer and unique patent pending biofuels, which can be a replacement for gas, biodiesel or both.
-- USSEC's unique fuels improve performance of an engine through lower operating temperatures and efficient combustion.
-- USSEC expects to announce highly qualified additions to its senior management team shortly.
-- USSEC expects to announce name change and stock symbol change within several days.
-- USSEC has intention to apply for upgraded listing to senior stock exchange as expeditiously as possible.
-- USSEC announces World Bank has billions of dollars available for company's producing Green Power.
-- USSEC announces it is in receipt of multiple "Take or Pay "contracts to be disclosed soon.
-- USSEC announces soy farmers in the US will garner a premium per bushel by using USSEC's 737 organic fertilizer.
-- USSEC can make 5 gallons of biofuel from one bushel of soybean vs. 1.5 gallons per bushel of soybean oil for the "competition."
-- USSEC can produce one gallon of biofuel in 8 minutes vs. 24 hours for "competition."
-- USSEC knows of no one that competes in quality or cost of production.
-- USSEC confirms through Summit Labs a fuel cloud point of less than -90 degrees Fahrenheit allowing engine operation under most any circumstances without requirement of heat.
-- USSEC discloses plans to build multiple facilities in Italy under joint venture agreements.
-- USSEC is the "Green Solution" with its fully operational plant in production today; plant production capacity expected to grow to 1,500,000 gallons per day with sales of 1,300,000 gallons per day.
About U.S. Sustainable Energy
USSEC holds patent pending technology for a new breakthrough biofuel and carbon based fertilizer. USSEC has successfully demonstrated the most cost effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
For further information on the company, please visit www.ussec.us
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press release and some oral statements are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.
posted
I just dumped my remaining 250k shares at ~.29! When I saw it gap way up I just couldn't resist. That brings my total profit to $160,000! Yeaaah, baby! I guess that's around $100,000 after taxes. I'll take it. I just called in sick to work so I can drive down to my broker's office and have him cut the check. Yeah, I know - I shoulda held onto it all for .29 If this thing goes to .40 or higher I'll whine. But for now I'm as snug as a bug in the rug on this deal.
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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posted
Hi BB Glad you are in this one. With your awesome dd I will follow you like your puppy dog. hehehe GLTY
Posts: 115 | From: Michigan | Registered: Feb 2006
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posted
Lots of money pouring in now. The conference call was truly unbelievable. New HOD now. Could go to .40 today. IMO
Posts: 115 | From: Michigan | Registered: Feb 2006
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posted
all I can say is WTF... I have been tracking it since .10 cents but was to lazy to tranfer some money to buy it...
Posts: 93 | From: Dallas | Registered: May 2006
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posted
Guess I have to eat my words of closing at .40 today. Loving to be wrong. glta
Posts: 115 | From: Michigan | Registered: Feb 2006
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and fyi i have emailed back and forth to redwood. they have some other good clients, and seem very professional.
Posts: 2651 | Registered: Apr 2004
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posted
Thanks BB your are the queen of DD. You are also very professional. Much appreciated. GLTY
Posts: 115 | From: Michigan | Registered: Feb 2006
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posted
Grrrrrr!! Hindsight is always 20/20. I shoulda held out. Still, I'm happy with $160k. If it goes to a buck next week I'll buy more tommorrow...
Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006
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quote:Originally posted by beechwood: Grrrrrr!! Hindsight is always 20/20. I shoulda held out. Still, I'm happy with $160k. If it goes to a buck next week I'll buy more tommorrow...
Good job on this one. One hell of a trade !!!
Posts: 1134 | Registered: Apr 2003
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