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Author Topic: USEH: 0.31 -- Oil/Gas play
JimSC
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USEH: 0.31; O/S 5.5 M shares; got
100 M$ funding a month ago; News on
contracts expected in a week.

CEO's letter to the share holders:

http://biz.yahoo.com/iw/060615/0136081.html

USEH: a new oil/gas company with potential.

More DDs by Matto, etc.

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/ t/011753.html#000000

[ June 22, 2006, 13:12: Message edited by: JimSC ]

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Purl Gurl
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TOTAL ASSETS $ 604

Net (loss) $ (861,379)
EARNINGS (LOSS) PER SHARE - BASIC $ (0.27)

As shown in the accompanying financial statements, the Company has sustained
net operating losses for the first quarter ended March 31, 2006 and 2005, and has
sustained large accumulated deficits.

The Company’s future success is dependent upon its ability to achieve profitable
operations and generate cash from operating activities. At March 31, 2006 there is
substantial doubt whether this can happen.

 -


Purl Gurl

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JimSC
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Sorry, Purl Gurl. Your information is
outdated. The new CEO took over 3 months
ago, he got a funding of 100 million$.
So, USEH is a turn-around company with
potential. I got in because Matto was in.

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Purl Gurl
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Outdated?

Chart is for June. Very current.

10Q I cite is filed May 23, 2006.

How is this outdated?

Purl Gurl

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Purl Gurl
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"I got in because Matto was in."

That makes good sense.

Purl Gurl

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JimSC
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All funding and LOI for acqusitions
happened since last few weeks. They
are not reported in last 10Q, which
covered the events up to 3/31/06, almost
3 months old. Please post some of your
great picks, don't say negative things
about a company, useing 3 month-old
information. The chart is normal for
all otc stocks. I will not wast my time
with you. Let the readers do their own DD.

[ June 22, 2006, 13:58: Message edited by: JimSC ]

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Purl Gurl
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"...secured financing of 100 million USD. These
funds are immediately available to be used for any
acquisitions for the growth...."

Who is the lender? What are the terms? What is
used for collateral?

Are you suggesting borrowing money is counted
as an asset on the bottom line?

Purl Gurl

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glassman
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that's how the US govt does it [Wink]

--------------------
Don't envy the happiness of those who live in a fool's paradise.

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Purl Gurl
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Well, interesting, this company is losing
about a million dollars a quarter, has no
cash, no revenue, no assets, just borrowed
one-hundred million dollars.

"Something ain't right."

Purl Gurl

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Purl Gurl
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Maybe Bush is in on this Texas deal!

Purl Gurl

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richone
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USEH interview to be broadcast at 11:30 EST on ***.com. Good exposure for sure. Tune in, but buy first!
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richone
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that was m n 1 dot com
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JimSC
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UESH's O/S 5.5 M shares. It will
move like RKLC last week.

News about the interview:

Join ***.com for Live Exclusive Interviews With the CEO of USEH That Takes Ozona to the Next Level…
Monday July 17, 11:08 am ET


DALLAS, TX--(MARKET WIRE)--Jul 17, 2006 -- Claude Eldridge, CEO of US Energy Holding (OTC BB:USEH.OB - News), at 10:30 CDT will be featured on Market News First (www.***.com) for exclusive discussions with Dick Hunter and Mike the Analyst on Monday July 17, 2006. If you miss this interview, it will be posted on Market News First website (www.***.com) the following day.
About US Energy Holdings

Based in Houston, TX, US Energy Holdings, Inc. (www.usenergyholding.com) is a diversified US energy company. Its Activities are focused solely on United States Energy Resources.


US Energy Holdings, Inc. owns the mineral rights to 9,500 acres in Crockett County, Texas. The property is located approximately 25 miles south of Ozona and 75 miles north of Del Rio, Texas. The "Canyon Sandstone" gas wells located on this ranch is part of the large prolific Adams-Baggett Canyon Sandstone Field.

About ***.com

Market News First is an online micro cap news provider which brings investors current up to speed news on the micro cap market. Market News First is the only online live radio web site that brings real micro cap news to investors and features live interaction with companies from the Bulletin Board, Pink Sheets, and Amex.

Through daily live press releases we bring you up to date on all the established companies and inform the investors of the newest opportunities within the micro cap market. Market News First's one-on-one interviews with the Presidents and CFOs of micro cap companies, broadcasted on our website, delivers answers to the questions that micro cap investors would ask and provides them insight into the companies' present condition and future plans.

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richone
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Great interview. CEO is a down to earth guy. Is building a company that focuses on shareholder value. Future dividends were mentioned. Low OS, CEO holds the debt. Very promising!!
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