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Author Topic: USCI: United Sts Crude Intl Inc
noahltl
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Gussboy. Where are you? You took us out last night, bought us flowers, told us how nice we looked, but when the date was over.........not even a goodnight kiss?
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realityinc21
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quote:
Originally posted by CGHitman14:
Hey Diana, just curious, I have about 4 million shares of USCI like you. Did you try to sell at 9 today, do you have a point that you're trying to sell at, or are you just gonna go with what looks good?

I know you said you don't like to hold'em over night but people were saying their sells weren't going through so just wondering what your plan was.


I have a sell order in for .0012 for half of my shares. I bought at .0006 and .0007. If I am watching it I may go a little highter. I made 100% the last 2 runs and it went lots higher on both times. If it does not look like it will make it up 100% I will sell of course anyway at a lesser % gain. Just depends. I think it will probably at least go to .0016 to .0018. jmho I would like to have my crystal ball back??

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DIANA


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tigerontop
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Will we see .001 today? It seems like over the past few days its slowly crawling up, but keep in mind these small moves up are worth bid returns.

I am holding to .0016


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noahltl
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Day starting with heavy trading again.
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realityinc21
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quote:
Originally posted by noahltl:
Day starting with heavy trading again.


GUYS--GO FIND DD--POST ON OIL PRICES--FIND A REASON TO PUSH THIS UP. KEEP REAL.

YOU WANT PAID. DO THE WORK. SIMPLE. DIG FOR ALL THE INFO YOU CAN AND POST HERE. I HAVE 15 PEOPLE DIGGING RIGHT NOW. THIS IS READY TO MOVE. LETS GIVE IT A REASON.

FALLSTAFF. BRING ALL YOUR DD TO HE FROM THE IS THREAD. I AM POSTING IT ON--SEVERAL DIFFERENT. BOARDS. GO FORTH AND MAKE MONEY.

I KKNOW I AM IRRITATING THE S(*T OUT OF YOU. BUT THIS IS THE GAME AND IF YOU WANT TO PLAY IT YOU BETTER LEARN FAST AND PRODUCE. FALLSTAFF DID.

------------------
DIANA


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rich555
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it just seems to me that usci has been quiet for a long time in a very hot market, there must be some news coming soon
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noahltl
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Started heaavy trading then died. What's up have the MM's left us? Looks like they moved interest back to QBID.
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Replay2x
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quote:
Originally posted by noahltl:
Day starting with heavy trading again.

Posted over at RB:

Transfer agent's # 702-361-3033
SEC filings for USCI (old filings, but USCI is no longer reporting): http://www.pinksheets.com/quote/filings.jsp?symbol=USCI

As of 4/30/04 10:05AM, 15,869,150 shares traded (multiplied by HOD .0009) = $14,282.

Did you say heavy trading?


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realityinc21
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quote:
Originally posted by Replay2x:
Posted over at RB:

Transfer agent's # 702-361-3033
SEC filings for USCI (old filings, but USCI is no longer reporting): http://www.pinksheets.com/quote/filings.jsp?symbol=USCI

As of 4/30/04 10:05AM, 15,869,150 shares traded (multiplied by HOD .0009) = $14,282.

Did you say heavy trading?


POSTED LINK IS NOT COMING IN. PLEASE POST AGAIN OR CUT AND PASTE.

------------------
DIANA


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Replay2x
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Go to pinksheets.com, enter symbol USCI, click on SEC FILINGS
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realityinc21
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So, ok, here is some chart ta. I don't want to put too much emphasis on chart ta with this stock but at the moment it's all we have. I've been banging my head on trying to figure out the movement on this stock because at first glance it basically looks like a descending triangle with no where to go. BUT, and this is a big butt, now humor me, what we are seeing is a falling wedge, allbeit a very subtle falling wedge. AND, I think that this stock is very close to a major breakout trend reversal (of course some pr would push this thing pretty good). Now, this is what I have to back up my claim. Bear with me I can't post a chart with trend lines and such.
First open this version of a USCI chart in a new window: http://stockcharts.com/def/servlet/SC.w...20]&pref=G

You need 5 things to verify a falling wedge: prior trend, upper resistence line, lower support line, convergence of the two lines and strength.

1) First you can see a prior down trend
2) Obvious upper resistence line formed with 3 successive lower peaks.
3) There is actually a lower support line that has been formed by 3 successive lower lows (end of January, beginning of March, beginning of April)
4) The upper resistence line and lower support line are converging over the past 4 months since the trend started (allbeit subtle). The lows are very shallow indicating that demand is stepping almost immediately after a new low is recorded. Anyone who watches this stock knows that to be true. When it hits 0007 or 0006 huge volume of buys.
5) IF we see a resistence break of 0014 you will know that I am right. The upper indicator shows positive divergence in the PPO all while the wedge was descending, very good indicator that a reversal could happen soon. Furthermore unprecedented money flow confirms there is strength. Also, we have been seeing pretty consistent 100+ million volume days which is an essential ingredient to confirm a falling wedge breakout.

OK, now that I have established the falling wedge theory. Lets look at some more obvious indicators that we all pretty much know and love: http://stockcharts.com/def/servlet/SC.w...,9]&pref=G

He re you can see 4 important things.
1) An obvious Stochastic that is heading past 50 (60 is the magic number if the MACD is diverging past 0)
2) The MACD is diverging past 0 (see point #1)
3) The bollingers have been narrowing for a few weeks and the stock price has been flirting with the upper band as of late.
4) This stock 'could' pass it's 50 day moving average any day now and probably will.

So, for now that's what I have to dd this stock. I know we see weird things from pennies but every stock (even pinks) exist in a world bound by rules, which even when broken, fit into patterns. And of course trust your dd.

FS


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Fallstaff
Member posted April 20, 2004 09:20
--------------------------------------------------------------------------------
So why is everyone saying there has been no PR's?
Currently we know that USCI has 2 confirmed clients; Pacific Energy Resources Ltd (http://www.pceresources.com/index.asp not much up yet but very pretty) and Benaissa Oil Inc. (http://www.benaissaoil.net/pages/1/index.htm).

Article 1: http://bigcharts.marketwatch.com/news/a...id=1545987

We can see from the Pacific Energy Resources article that USCI has sold them 2 systems already and there have been rumors that a third deal was in the works from last fall. The exact date of the announced sale of the 2nd rig was November 10th. The pr was released by USCI. On November 26th, Pacific Energy Resources release a pr talking about their 3 step phase for 5 new wells.
“Pacific Energy's current redevelopment strategy is as follows:
- Drilling and completion of new oil wells, strategically located within
the lease;
- Implement selective water injection to enhance production levels;
- Work-over of existing wells to optimize recovery.
The Company's progress to date has confirmed the presence of significant remaining recoverable by-passed oil. This was highlighted earlier this year by two redevelopment oil wells, which increased nominal well production more than five-fold and increased overall lease production by 26%. Strategic selective water injection is being implemented to enhance the production of both existing and future wells on this lease. And lastly, systematic upgrading of the existing wells will not only improve flow-rates, but also optimize the operations and their costs.”

Basically, this pr is saying 2 things. One, that the water injection system Pacific has recently implemented (USCI sale #1) has increased well production by more than 5 fold and overall lease production by 26%. Very good news for the usability, success and marketing of USCI technology. Now, the 2nd thing to take from this pr is that Pacific Energy is going to use the new rig in their new redevelopment strategy which has been moving successfully based on their latest pr:

“LONG BEACH, CA, Feb. 11 /CNW/ - The Company is pleased to announce that well N1C 224B has been drilled to 3,850 feet in the northern part of the Pico Lease. The well logged a total net oil pay in excess of 180 feet in the F and X series reservoirs. 30 sidewall cores were also shot over the whole hydrocarbon-bearing section between 3,807 and 3,171 feet and submitted to Corelab's laboratory in Bakersfield for permeability, porosity, fluid saturation and laser particle size determinations. These measurements were performed to provide modern calibration for further quantitative reservoir modeling of the field.
The oil saturations measured in the samples were confirmed by the completed oil well's performance, which is presently producing between 50 and 60 net barrels of oil per day. The well was drilled and completed under budget. The Company believes that N1C-224B's performance should be fairly typical behavior for all new wells before reaching their full potential, notably when it will benefit from the planned water injection's pressure support. The recently drilled A-2C well is currently being completed and expected to provide additional oil production in the coming weeks.
These wells represent the first phase of the Company's redevelopment strategy of drilling a further 30 oil producers and water injectors within the Wilmington field”

First, the ‘full potential’ is reached through the use of USCI's water injection rigs and the results were forshadowed in the second to latest pr in which is stated:

“Cumulative oil production to-date from the Wilmington Leases is 37.4 million barrels, which represents 22% of the Oil-In-Place. The proved oil reserves which are still recoverable are confirmed to be in excess of 9.8 million barrels; of these, 1.2 million barrels are developed and producing, and 8.6 million barrels are undeveloped. They will bring the cumulative production to 28% of the Oil-In-Place The Company considers this recovery factor as conservative for its redevelopment strategy. Oil companies such as THUMS (Texaco, Humble, Union Oil, Mobile, Shell) and Tidelands, which operate the adjacent and geologically contiguous leases, have recovered to- date between 30% and more than 40% of their Oil-In-Place to-date, and are still producing from the same oil reservoirs as Pacific Energy Resources.
The Net Present Value of these recoverable proved reserves, after deducting royalties and interests owned by others, has increased by 9% to $47.4 million US dollars at a 10% discount rate (32.6 million dollars at a 15% discount rate). Future prices were estimated using guidelines established by the Securities and Exchange Commission (SEC) and the Financial Accounting Standards Board (FASB). Pacific Energy Resources Ltd.'s share is 25%. The Company will make the complete appraisal report available, upon request, under electronic or hard copy form. The above information serves as a limited introduction, and only the report in its entirety reflects De Golyer and Mac Naughton's comprehensive valuation.”

Lastly, although USCI has not released a pr since November 2003, we have neglected to see their clients pr’s as DIRECTLY RELATED TO the success and marketing of US Crude International. Within these ‘Good Ole Boy’ oil groups and in the world of Texas oil, information spreads word of mouth and by networking so I know that the success of Pacific Energy will increase the success of USCI. Also, I see Pacific as making very good strides and being a very successful company, one whose success is based on USCI! Keep an eye on their web site to see if USCI shows up as a partner or Mr. Meeks or Mr. Miller show up on the Board of Directors. I am going to continue to research USCI’s relationship with Benaissa Oil Inc. and possibly call USCI this week.
_________________
FS ~ Trust your dd


------------------
DIANA


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realityinc21
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Some more DD:
So, I was digging through some old Redlands, CA online news archives and I stumbled on an article from Oct. 2002 regarding USCI that I've never read before or seen from any other BB (AND trust me, in the past 3 months I have searched high and low and everywhere in between for info on USCI). Anyway, the article identified a 3rd 'confirmed' client, actually partner, of USCI. Allied Energy Corp. out of West Virginia. Below is the article and the link to the article is further down if you want to see if first hand:

REDLANDS, Calif.--(BUSINESS WIRE)--Oct. 10, 2002

United States Crude International Inc. (USCU) today announced that the company is entering into a venture with Allied Energy Corp., a West Virginia oil and gas company, to produce oil from orphaned, low producing and stripper wells in the state.

Allied Energy currently has 119 wells in the region and is a well-respected oil and gas producer with an excellent reputation with local and state officials. Allied CEO Jon M. Makeever's goal is to be selective and acquire many of the best available wells in the state to harvest significant oil remaining in formations even after prior production efforts.

Makeever noted: "There is as much as 80% to 90% of the original oil and gas left in these formations by the previous owners. Many of the wells were abandoned when oil prices fell to historically low levels. At today's prices, these wells can be extremely profitable.

"Adding steam and gas injection to the equation provides energy to the oil wells, bringing them back to life, which results in profitable oil production."

USCU President, Anthony K. Miller, commented: "This is a tremendous opportunity for both companies. Our technology provides the means for Allied to produce their oil and also provides USCU with another market for its technology. USCU will also share in revenue produced by the joint recovery efforts. As greater milestones are met during this relationship, those details will be released."

The Company

United States Crude International is an oil technology and production company with more than hundreds of fully equipped oil and natural gas wells. In addition, USCR will market patented and patent-pending technologies used to rekindle marginally producing wells to profitable levels. The company holds the license and the rights to market the TM-96 Series Portable Steam Generators, the TM-98 Portable Gas Repressurizing 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 series technologies provide a portability and low cost of operation not previously available. For more information visit the company's Web site at www.uscrude.com.

COPYRIGHT 2002 Business Wire
COPYRIGHT 2002 Gale Group http://www.findarticles.com/cf_dls/m0EI...icle.jhtml

So , being that I've never read of this relationship in any other pr I decided to do some background checking on Allied Energy Corp. and I am a little sketchy about whether they still exist and this is why.

1) Con/Pro, I cant find them in the West Virginia phone book but I can find them in a secondary directory (http://www.portalwestvirginia.com/default.asp?info=search&SearchType=I nfoSheet&SearchString=63268)
2) Pro, I called the number and the CEO Jon M. Makeever voicemail picks up.
3) Con/Pro, Since they owned 119 wells in the WV region in 2002 they probably still own them in 2004 (a reasonable guess since they were already an established as a oil and gas producer)

Whether or not their relationship still exists is hard to tell but if it does then that would give USCI a 3rd partner (Benaissa Oil Inc and Pacific Energy Corp. being the other two identifiable), BUT one who they have profit sharing potential with, and a substantial source of revenue that is wholly based on USCI's technology. I may have to leave a message next time with Jon.
_________________
FS ~ Trust your dd

------------------
DIANA


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realityinc21
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No prob, I've owned USCI for a few months and have done well thanks to this BB so I am much obliged to do the due.
I know that most of us aren’t in this stock for our retirement fund but at least this could ease fears for the new investor/swing trader.

So, do you worry that USCI no longer exists? That you’ll lose your investment?

I don’t and here is why. First, their last PR’s, 5 to be exact, were from November of 2003 which was only 5 short months ago and their headlines were this:

“Video footage of TM-96 Generator in the Oil Field”

“US Crude retains marketing firm to market portable steam generator”

“US Crude’s president featured on MacReport.net”

This sounds like a company who has been busy for the past 5 months with marketing and pushing their generator technology.

Second, from an article from 1998 (yeah I know it’s old but follow me anyway). http://www.findarticles.com/cf_dls/m0EIN/1998_Dec_16/53415019/p1/article.jhtml

The key here is the headline:
“U.S. Crude Ltd.'s Recoverable Assets Certified by Independent Geologist at $355 Million; Company Positions Itself for the Future Through Property Acquisition and Product Sales.”

All right, here is where it gets interesting. And follow my math very carefully. In 1998 a barrel of crude oil was at it’s lowest in 25 years and has since been at it’s highest in 20 years. In 1998 a barrel of crude sold around $15/ppb (http://www.wtrg.com/oil_graphs/oilprice1947.gif) today a barrel of crude sells for $32/ppb (http://www.bloomberg.com/energy/). From the article the geologist stated that the company has an estimated remaining oil in place of 67+ million barrels of oil. Using a recovery factor of 50% (much less than the 80% that USCI has been proven to extract from their wells) they gave them an estimated worth of $355 million. Now, even if over the past 6 years USCI has extracted half of the oil in place (which I don’t believe they have even come close to) the price per barrel has doubled since 1998 (from $15 ppb to $30 ppb) which would bring their net worth back up to $355 million. NOW, if they have only marginally extracted oil from their over 300 wells (321 at time of article but has since purchased more) then their net worth would actually be more like $600 million. AND, if they can extract upwards to 80% of the oil in place then their net assets would be worth almost $1 billion dollars (THAT’S HARD TO BELIEVE BUT TRUE) Likewise, as I said in the parenthesis, since Dec of 1998 USCI has added more wells and more leases to their inventory. SEE ARTICLES BELOW: http://www.findarticles.com/cf_dls/m0EIN/2001_March_6/71260947/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2001_March_21/71955905/p1/article.jhtml http://www.findarticles.com/cf_dls/m4PRN/1998_July_12/20893519/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2001_July_24/76729115/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2000_Oct_24/66310725/p1/article.jhtml

If you read the company statement at the bottom of each PR you can see:
“U.S. Crude is an oil technology and production company with more than 300 fully equipped oil and natural gas wells on 8,780 acres of land in several states. The company's long-term goal is to acquire 10,000 oil and gas wells over the next eight years”

That even the property value alone 8780 acres X a marginal $5000 per acre = $43,900,000 in assets on top of the proposed minimum $355 million in oil reserves. So, for the swing trader that is worried about this stock rebounding, don’t, I think that regardless of the lack of PR we are going to be very happy with this stock over the next few months and that we always have to keep in mind that the shortage of oil we are continually facing only increases the value of USCI and it’s stock.

So, why, if they could be worth somewhere in the $600-$800 million dollar range are they still a pinksheet stock trading at 0007? GOOD QUESTION! And here is why.

3 reasons; First, the company diluted their stock back in August to about 1.5 billion outstanding shares. This lost a lot of investors and hurt their reputation. Second, USCI has had a long standing agreement from the US Department of Agriculture to obtain up to $4.86 million dollars in loan financing that, until this day, has not been determined if the loan ever went through. I have seen the $4.86 loan program referred to in multiple articles over 2 years from USCI (http://www.findarticles.com/cf_dls/m0EIN/2000_Sept_25/65456918/p1/article.jhtml). My guess is that they haven’t taken the loan yet, but still have the agreement, because of reason number 3. Third, through all my dd on this stock I have come across a number of partnerships and clients that have purchased equipment from USCI or have partner relationships on leased oil lands, from Delaware, West Virginia, Florida, California, and more. Some of these companies I have been able to identify as still existing and still using USCI Steam generators (see some of my previous dd), others I have not. My opinion is that during the past 3 years, those partners have since presumably gone out of business, causing USCI to resort to registering more stock to cover costs (reason #1) to still move forward with their initiatives and to forgo borrowing the $4.86 million dollars (reason #2) because, at the time, they saw a trend of their business partners going bankrupt. One reason for all those companies went out of business is that, from the first article explanation above, at the time (late 1990’s) the price per barrel was at it’s lowest in 25 years, when that happens companies who survive by extracting oil from marginally producing wells can’t afford to exists (that is why the wells were left abandoned in the first place for these companies to acquire them so cheaply). Since then we are seeing the highest price per barrel in 20 years so do you think that those companies may crop up again? Do you think that those relationships with USCI will re-form? I am betting on it. When you can get $33 per barrel, a well which may still have 10 million barrels in place but can’t be produced through cheap methods becomes attractive again. Keep your eyes and ears out. Just my humble opinion.

Thanks for reading,

FS ~ Trust your dd

------------------
DIANA


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realityinc21
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No prob, I've owned USCI for a few months and have done well thanks to this BB so I am much obliged to do the due.
I know that most of us aren’t in this stock for our retirement fund but at least this could ease fears for the new investor/swing trader.

So, do you worry that USCI no longer exists? That you’ll lose your investment?

I don’t and here is why. First, their last PR’s, 5 to be exact, were from November of 2003 which was only 5 short months ago and their headlines were this:

“Video footage of TM-96 Generator in the Oil Field”

“US Crude retains marketing firm to market portable steam generator”

“US Crude’s president featured on MacReport.net”

This sounds like a company who has been busy for the past 5 months with marketing and pushing their generator technology.

Second, from an article from 1998 (yeah I know it’s old but follow me anyway). http://www.findarticles.com/cf_dls/m0EIN/1998_Dec_16/53415019/p1/article.jhtml

The key here is the headline:
“U.S. Crude Ltd.'s Recoverable Assets Certified by Independent Geologist at $355 Million; Company Positions Itself for the Future Through Property Acquisition and Product Sales.”

All right, here is where it gets interesting. And follow my math very carefully. In 1998 a barrel of crude oil was at it’s lowest in 25 years and has since been at it’s highest in 20 years. In 1998 a barrel of crude sold around $15/ppb (http://www.wtrg.com/oil_graphs/oilprice1947.gif) today a barrel of crude sells for $32/ppb (http://www.bloomberg.com/energy/). From the article the geologist stated that the company has an estimated remaining oil in place of 67+ million barrels of oil. Using a recovery factor of 50% (much less than the 80% that USCI has been proven to extract from their wells) they gave them an estimated worth of $355 million. Now, even if over the past 6 years USCI has extracted half of the oil in place (which I don’t believe they have even come close to) the price per barrel has doubled since 1998 (from $15 ppb to $30 ppb) which would bring their net worth back up to $355 million. NOW, if they have only marginally extracted oil from their over 300 wells (321 at time of article but has since purchased more) then their net worth would actually be more like $600 million. AND, if they can extract upwards to 80% of the oil in place then their net assets would be worth almost $1 billion dollars (THAT’S HARD TO BELIEVE BUT TRUE) Likewise, as I said in the parenthesis, since Dec of 1998 USCI has added more wells and more leases to their inventory. SEE ARTICLES BELOW: http://www.findarticles.com/cf_dls/m0EIN/2001_March_6/71260947/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2001_March_21/71955905/p1/article.jhtml http://www.findarticles.com/cf_dls/m4PRN/1998_July_12/20893519/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2001_July_24/76729115/p1/article.jhtml http://www.findarticles.com/cf_dls/m0EIN/2000_Oct_24/66310725/p1/article.jhtml

If you read the company statement at the bottom of each PR you can see:
“U.S. Crude is an oil technology and production company with more than 300 fully equipped oil and natural gas wells on 8,780 acres of land in several states. The company's long-term goal is to acquire 10,000 oil and gas wells over the next eight years”

That even the property value alone 8780 acres X a marginal $5000 per acre = $43,900,000 in assets on top of the proposed minimum $355 million in oil reserves. So, for the swing trader that is worried about this stock rebounding, don’t, I think that regardless of the lack of PR we are going to be very happy with this stock over the next few months and that we always have to keep in mind that the shortage of oil we are continually facing only increases the value of USCI and it’s stock.

So, why, if they could be worth somewhere in the $600-$800 million dollar range are they still a pinksheet stock trading at 0007? GOOD QUESTION! And here is why.

3 reasons; First, the company diluted their stock back in August to about 1.5 billion outstanding shares. This lost a lot of investors and hurt their reputation. Second, USCI has had a long standing agreement from the US Department of Agriculture to obtain up to $4.86 million dollars in loan financing that, until this day, has not been determined if the loan ever went through. I have seen the $4.86 loan program referred to in multiple articles over 2 years from USCI (http://www.findarticles.com/cf_dls/m0EIN/2000_Sept_25/65456918/p1/article.jhtml). My guess is that they haven’t taken the loan yet, but still have the agreement, because of reason number 3. Third, through all my dd on this stock I have come across a number of partnerships and clients that have purchased equipment from USCI or have partner relationships on leased oil lands, from Delaware, West Virginia, Florida, California, and more. Some of these companies I have been able to identify as still existing and still using USCI Steam generators (see some of my previous dd), others I have not. My opinion is that during the past 3 years, those partners have since presumably gone out of business, causing USCI to resort to registering more stock to cover costs (reason #1) to still move forward with their initiatives and to forgo borrowing the $4.86 million dollars (reason #2) because, at the time, they saw a trend of their business partners going bankrupt. One reason for all those companies went out of business is that, from the first article explanation above, at the time (late 1990’s) the price per barrel was at it’s lowest in 25 years, when that happens companies who survive by extracting oil from marginally producing wells can’t afford to exists (that is why the wells were left abandoned in the first place for these companies to acquire them so cheaply). Since then we are seeing the highest price per barrel in 20 years so do you think that those companies may crop up again? Do you think that those relationships with USCI will re-form? I am betting on it. When you can get $33 per barrel, a well which may still have 10 million barrels in place but can’t be produced through cheap methods becomes attractive again. Keep your eyes and ears out. Just my humble opinion.

Thanks for reading,

FS ~ Trust your dd

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DIANA


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CashCowMoo
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maybe you wishfull thinkers should invest in CMKX....thats where the action is at. go ahead though.....im sure ill hear someone cry about how bad CMKX is. do some research people!


USCI is good, BUT cmkx is better


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realityinc21
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Off of MSNBC:
"Since Dec. 19, the average gas price has risen 34.55 cents, she added.

The latest increase was prompted by crude oil prices that have topped $36 per barrel coupled with OPEC production cuts and a growth in crude oil demand, chiefly in the United States and China, Lundberg said.

She said the U.S. market prices are affected by growing gasoline demand _ despite the higher prices _ thanks to an improving economy, a tight refining capacity, and new federal rules for formulating less-polluting gasoline which add to the cost and make it harder to import foreign supplies that don't meet the new specifications." http://www.msnbc.msn.com/id/4830450/

US Crude Value at $36/ppb = $852 Million!!!

Also, new federal rules are FORCING Americans to buy US Oil which will make the over 500,000 marginally producing "stripper" wells more attractive to producers who need a cheap way of extracting oil out of those wells equals more business for USCI!

FS ~ Trust your dd

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DIANA


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realityinc21
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http://www.uscrude.com/index1.html (old version http://www.uscrude.com/index3.html )
I've no idea why they don't want it working ok, but leave those pages available. Multiple people have asked via email with no response. Anyone live near them?

This post is a bit long but very informative start with this link, which will go into detail about why the products this company has patented, will be in great demand. http://dieoff.org/page131.htm
United States Crude International
Address:
25809 Business Center Dr.
Suite D
Redlands
CA 92374
USA
Phone: 888-872-7833
Company Website: http://www.uscrude.com
Officers:
Anthony K. Miller, Pres.; Catherine Meeks-Njie, Sec't.
Current Capital Change:
shs decreased by 1 for 1000 split
Ex-Date:
Record Date:
Pay Date: 2003-09-22
Dividends: None
State of Incorporation: NV
Company Notes:
Note=12-00 company is in the development stage
Formerly=U.S. Crude, Ltd. until 6-02
Transfer Agents:
Pacific Stock Transfer Co., Las Vegas, NV 89193-3385
US Crude receives further patent approvals
31-08-00 US Crude announced that it has received patent approvals in from Russia, Europe and Canada. This brings the total countries to six (6), who have awarded US Crude with patent protection. The company is seeking patent approval in a total of 26 different countries, including the majority of the oil producing countries, and other industrialised countries.
Anthony K. Miller, president, commented that "this is good news for USCR that will be more important for the company in the future, as we do business in these areas." Miller further commented that "with regard to the company's filing of its amended 15c211, there have still been no comments from the NASD. We are hoping to hear something soon."
The company has also submitted its final draft of its business plan for approval under a government loan program and intends to provide news concerning the status of its application when possible. The proceeds from the program will allow the company to put all of its wells on line, market its technology and produce a lot of crude oil. "This is more important for US Crude at this point in time, since oil prices have recently reached its highest levels in 10 years," commented Miller.
US Crude's primary goal is to use its patented and patent-pending technologies to rekindle marginally producing oil wells to profitable levels. The company holds the license to the technologies and the rights to market the TM-96 Portable Steam Generator, TM-98 Portable Gas Repressurising System and TM-9 Deep Steam technologies. These units, used in conjunction with each other or separately, improve the free flow of crude oil and provide pressure needed to drive the oil through ground formations to the well shaft.
Although major oil companies have used steam and gas technologies for years, the patent-pending TM series extraction units provide a portability and low cost of operation not previously available.
Source: US Crude Ltd. via Newspage

USCI Office Information and Pics..."Good news people! I went to the offices today... yes, there ARE 2 offices. One is in Colton, and the other is in Redlands (Southern California). Anyways, not much to report as far as DD, I wasn't prepared to ask questions, etc. I just wanted to make sure this is a REAL company. Well, I went to the one in Riverside first. Nice looking place! It's a suite, looks to have a top and bottom floor. The door was locked, but peeking through the tinted glass windows it looks like a legit office, desks, computers, the whole 9 yards. I took a couple pics of the building which I will post a link to later, once I upload them and stuff. I then decided to go to the next address I found that this company refers to. It's about 10 minutes away on the freeway in Colton. This office wasn't as nice looking. Extremely basic, but an office nonetheless. Had a decal in the window advertising the company, but thats about it. Here also, nobody home. BUT! I might have been a little too late getting there... as I was pulling into the complex thing, a somewhat large African-American man was exiting and getting into his car, he was on his cell so I didn't interupt. Could this be Anthony Miller, the CEO? If you listen to the 1-888 number, not to sound racist, but the voice of the gentleman speaking sounds like he could be a large African-American man... lol. That was my first impression anyways, so who knows. I took a picture of this place also which I will post as soon as I can. The area surrounding the Colton office is really underdeveloped, lots of hills and machines throughout them. That could be the reason there is an office there, the backyard is pretty much open field. I didn't see any oil equipment nearby, but driving on the freeway to the office there are those oil rig things scattered throughout. Does USCI have anything to do with these? I don't know for sure yet, but it can't hurt having them nearby the office... within five minutes. I tried to take pics of them as I was driving, but i was on the freeway so I'm not sure how clear they are. As mentioned earlier, the 888 phone number says that they are out of the office on business for a few days, which is why i suspect the offices weren't open today. Hopefully anyways. All in all, it seems very promising and I feel confident having my money invested here. Like I said, I'll provide a link to the pics once I get them uploaded. I wanna go back later in the week to see if anyone is there, so if you all want to come up with a series of questions I could ask them, that would be good."============================================================================


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DIANA


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Coinster
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9000000 @ .0006

Any thoughts on how low this might go ...?
.0005 maybe...?

[This message has been edited by CB (edited April 30, 2004).]


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noahltl
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Volume taking off again. Wish the price would.
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gmoney
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Huge accumulation @ .0006 ... watch this one closely people! I'm right in with ya Diana.

------------------
Gus


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realityinc21
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quote:
Originally posted by gmoney:
Huge accumulation @ .0006 ... watch this one closely people! I'm right in with ya Diana.



USCI President Anthony K. Miller commented: ``This group is very excited about the possibilities of marketing our technologies. They have already made preliminary contacts with their clients and feel that this technology is very marketable to them. When we patented our technology, our goal was to become involved in both domestic and international markets. This is why we patented a total of 23 countries, most of them as oil producing countries and some of them were patented just because they were industrialized countries. With a concrete application of our technology, here in California and a number of worldwide markets where this technology has an application, we believe that this relationship and others forthcoming will represent significant sales of our technology.''

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DIANA


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noahltl
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I agree Diana. The volume of trades at .06 looks like the MM's are loading up for the run. Gotta stay on top of it today, before profit taking starts.
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Coinster
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So are we thinking .0006 is a good target.?Or do we fell there may be another point for a load up..?
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noahltl
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Up to .07, but we may see another .06. Problem is, they won't let us buy more at the lows.
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tigerontop
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The only fills I can get are in the 7's and I have had one for 6 they hasnt been filled for 2 days?
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noahltl
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Don't ya just love the MM's?
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TradingWizard
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I want to buy at 0.0006, can any body see the bid and ask price....my TDWaterhouse does not want to waste some decimal places so I can only see 0.00 bid and 0.00 ask - I don't understand the programmers sometimes.......
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realityinc21
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quote:
Originally posted by TradingWizard:
I want to buy at 0.0006, can any body see the bid and ask price....my TDWaterhouse does not want to waste some decimal places so I can only see 0.00 bid and 0.00 ask - I don't understand the programmers sometimes.......

I only got in at .0006 for 1 mil shares the other 3 mil shares are at .0007.

I tried less but could not get in.

People that are in do not want to sell...YET!! imho

------------------
DIANA


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Bob_dog
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quote:
Originally posted by realityinc21:
I only got in at .0006 for 1 mil shares the other 3 mil shares are at .0007.

I tried less but could not get in.

People that are in do not want to sell...YET!! imho



Diana
I have been reading, watching, and searching. I bow to you, you are the sh** thank-you
I'm very new to sub pennies, but anything I can do to help let me know
please and thank-you

Erich


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Fallstaff
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A CALL FOR HELP! I got my hands on the OG Lists for Oklahoma (Oil and Gas Well producing lists) but they are in TXT format so it has been very tedious sifting through the hundreds of thousands of records to find data on US Crude. I have only been able to identify 1 well so far by them but I know they own many in OK. If anyone can find information on 1) # of wells or 2) well numbers or names or anything that would be great. I will continue to work on these lists but any help will speed up the process.

Thanks,

FS ~ Trust your dd

[This message has been edited by Fallstaff (edited April 30, 2004).]


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CGHitman14
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Along with this thread being dead, this stock has been dead the past hour! It's not trading at ALL anymore.

Any ideas on why it's so quiet?


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rsnws
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I'm a programmer so maybe I can write a little program to import the list into a database. I don't know if this would help but if you think it would, send me a copy of the list to rsnws@msn.com.

quote:
Originally posted by Fallstaff:
A CALL FOR HELP! I got my hands on the OG Lists for Oklahoma (Oil and Gas Well producing lists) but they are in TXT format so it has been very tedious sifting through the hundreds of thousands of records to find data on US Crude. I have only been able to identify 1 well so far by them but I know they own many in OK. If anyone can find information on 1) # of wells or 2) well numbers or names or anything that would be great. I will continue to work on these lists but any help will speed up the process.

Thanks,

FS ~ Trust your dd

[This message has been edited by Fallstaff (edited April 30, 2004).]



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Fallstaff
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Thanks rsnws, I might just do that, I'm in the process of trying to identify the lease #s for the wells so that I have something to search on. The files are basically encoded mainframe files so, at the moment, even if I could see them in a table I still would have nothing to search on. Thanks for the help in advance,

FS


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flygirl
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Hey guys!

I am a fellow USCI shareholder myself and I'm wondering...where do you guys think this thing will go? I managed to purchase a little over 200,000 shares at .007. I've heard that its peak will probably be at around .012, but I've also heard that it could go to .35...

What do you guys think? Where do you think a good selling point would be?

------------------
FG


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flygirl
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Hey guys!

I am a fellow USCI shareholder myself and I'm wondering...where do you guys think this thing will go? I managed to purchase a little over 200,000 shares at .0007. I've heard that its peak will probably be at around .0012, but I've also heard that it could go to as high as .035...

What do you guys think? Where do you think a good selling point would be?

------------------
FG


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