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.
posted
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 Your information is outdated.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.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
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.
posted
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.
posted
USEH interview to be broadcast at 11:30 EST on ***.com. Good exposure for sure. Tune in, but buy first!
Posts: 69 | Registered: Jun 2006
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posted
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.
Posts: 3228 | From: Michigan | Registered: Aug 2005
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posted
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!!
Posts: 69 | Registered: Jun 2006
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