quote:

---

Originally posted by will:
Somewhere on this or another thread there is pstings from a fellow who has visited this company and spoke with the President of it.
It is not out of business.

---

If you call the phone number He has a recording on the answering machine. I guess if you look at it this way - they would have disconnected the line and there would be no answering machine. I was thinking about contacting him and seeing if he would like to have a pro update his website...

posted April 08, 2004 13:46
--------------------------------------------------------------------------------
Hi all!
I know NOTHING about this stock - but I copied and pasted the following off another board and put in a file for future reference as I've been watching the price of it on one of my lists for a while. DOn't know if this info will help you - or if it's even true. Good Luck

Written by someone called "Flipping a Coin" on RB

***REPOST: My meeting with Anthony Miller (CEO)...

I went down to the office around 9:30 this morning (California time). As I pulled up to the Colton office I saw the same car that was there the first time. The man I originally said was talking on the cell phone was in fact, Anthony Miller, CEO of USCI.

I walked into the office (yes it was open), and he welcomed me. I let him know who I was and that I was there because I had some questions, and that I was concerned that the phone was not being answered. He gave a little laugh and said the calls were in the process of being returned. I'll say this, to say that he's being flooded with calls is a BIG UNDERSTATEMENT! We talked for about 20 - 30 minutes, and within that time the phone was definitely ringing. To further prove to me that he is being bombarded, we flipped through his steno pad on the desk with pages AND PAGES of names and numbers... area codes from all over the place. Some names were crossed out, some had stars, etc... he said they were all from messages he has received. Also, he played for me his answering machine... from the time he got back in town last evening, he's had 59 messages there, so its not gonna be an easy task getting to each one. They are being returned though, so be patient if you left him something.

Anyways, I told him about the current price and whats been going on with it since this last Friday. He's aware of the situation, but clarified that he doesn't make the stock price, and he would like to see it go up just like the rest of us. The company did sell shares to help with financing and pay off some obligations. I asked him if he had any idea what the current O/S was... he said that last he heard, and this was only a ballpark figure, was something like 650 million. He then said that based on the current trading, it would appear that it is higher than that, but wouldn't make a guess. Apparently the company that helped to finance USCI was given shares to sell back to the public... but that is over now. That could be why we're back to .001... perhaps its true price.

I then asked what direction he's taking the company and if there is anything new to be reported. This is where he did a majority of the talking... I'll keep it brief. Ok...

...the company that had purchased 2 machines is in the process of purchasing a 3rd. That company used to do something like 3,000 in revenue, but now they're doing 30,000 because of USCI's products. Nothing has been finalized, but the impression I got from him seemed that it was a done deal. That is the company's goal... SALES. He emphasized this more than anything.

He said the web site will be redesigned in the next few weeks, with a more sales-oriented approach. He's in the process of working on that.

I asked him why he's keeping investors in the dark about the current happenings of the company. He said its not intentional, the number of calls, along with other events has prevented him from releasing anything. He said he could have released "BS Pr's", but he's aware what this could do... people would see right through them. He reads the message boards and is aware about what people say about him... but thats not gonna break him to the point where he starts releasing "fluff".

He has a part-time IR person, but the majority of stuff he says he is doing on his own... feels obligated to return/receive calls personally.

Back to what else we talked about...

...this guy is KNOWLEDGEABLE about his field. I swear it felt like I was in school. I sat at his desk while he proceeded to tear up this dry erase market board with diagrams, figures, stats, etc... about the oil industry. I feel confident he knows what he's doing.

He also let me know about a new machine that is being developed... he says its about 90% complete and gave me a brief overview of it. Apparently its made up of like three tubes that get fed into some other contraption... that gets drilled to the ground (3,000 feet or so), and creates thermal heat from within the device... something like that. Stuff was going over my head, but thats 'cuz he knew a lot... it felt like I was trying to learn a new subject.

Oh yeah, this part is good.... about that marketing place in Arizona that handles their business... he said a woman has taken over marketing their product, and has already presented him with figures on expected sales. He said he was blown away by what she gave him... if she can only do 1/10 of what she is counting on he'll be AMAZED! She is already in talks with clients here in the US and other countries.

For most of the week, Mr.Miller was in New York on business, thats the reason for being out of office. He just got in last night and looked jet lagged. We went out to his car to get his bag and he gave me 2 brochures that he used to present his company. He also showed cost analysis, and some other technical stuff about their units. He only let me keep the brochures though (I posted pics of them on my site: members. aol. com/efx15)

Also what impressed me... he went into another office and came back with 2 photo albums with pictures of oil fields that belong to US Crude! At first I thought they belonged to potential clients, but he said they were theirs. Nice!

I'm sure I'm forgetting some stuff... because I really was impressed with everything he was saying. Umm... an easy guy to talk to, knowledgeable, and appears that he knows what he's doing. He emphasized SALES though the most. He said that the current business plan on uptick. com will also be altered to focus more on sales.

Speaking of uptick. com, I asked him why he posted on there... he said he doing that on that site, and others, to make investors more aware about the company, and because he put things on those sites that he can't on the company web site. He mentioned other sites that currently have, or will, spotlight USCI, but I wasn't taking notes, sorry.

We finished by talking more candidly about stocks and companies similar to his... I think this company has a very promising future. Short term, big stuff seems to be coming at least. Also, he said that a lot of calls he gets are simply people hanging up, so refrain from checking the number people... it works! Hahaha, I was there hearing the calls as they came in (the 909 #). I didn't take notes or record anything because I didn't want to see pushy, this is all off the top of my head as I sit here. If I think of other stuff I'll fill you guys in.

once again, here is the web site with my pics:

members. aol. com/efx15.. just get rid of the spaces.

Ok, final thoughts. This company is not a scam. Based on the conversation, and peeking around the office... its the real deal. Let the bashers talk SHlT, let them waste their time. Let them scare people into selling. Not a big deal

*flipping_a_coin (there! I even signed it!)

Ok, I'll take questions now
Oh yeah, if you wanna know how I met him... the company is based here in So.Cal, about 20 minutes from my home...

quote:

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Originally posted by TradingWizard:
Website still the same http://www.uscrude.com/index1.html

---

I AM HOLDING. LET'S PLAY THE SHELL GAME!

VOLUME+VOLUME=PPS INCREASE.

WE WILL JUST SET A DATE--AND START BUYING.

GIVE ME THE DATE... I AM GOOD FOR A COUPLE MORE MIL. LOL

YOU PROBABLY THINK I AM JOKING. I AM NOT.

quote:

---

Originally posted by WiseTrader:
PATIENCE is the key my friends.. those who want quick profits and cant stand waiting to make a quick buck can go somewhere else. This company will make a huge run in due time, and most likely soon.. as oil prices this summer will be soaring and the technology that USCI has is going to make alot of shareholders very happy. Once the Giant awakes, it will make its run. This is a keeper, a solid company, no fluff or b/s PRs every other day like most scam stocks out there. I believe the CEO wants to keep a good reputation, and not to hype his company up just to excite stockholders. I am proud to own this little gem at these levels. Good luck to all!

---

Wize Trader

Any info or DD on this stock would be great. What makes you think its due for a big Run? I've been in and out of this for months ( just sold the last of my shares last week)
Not questioning your post I would just like to know what you base it on. Oil prices have been high for a while lately without much movement here, without PR how is anyone going to know about this and what would drive the PPS ?

Di
If we do get a date I'm good to get back in for a couple of million also. Since I trade in a IRA account I can't just add money at will. Thats why I sold to free up money but I can sideline enough to jump in.

Here is something interesting I found just because it is dates this year 2/24/2004. Take it for what you want but eveyone I know has been asking for something with this years date on it. I found it by search for the TM-96 Portable Steam Generator. Hope this helps.

SAN FRANCISCO (CBS.MW) -- Oil futures edged closer to $40 per barrel Wednesday, with most traders viewing the latest increases in petroleum inventories as inadequate to meet what some believe could be record energy demand this summer.

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"This is the culmination of everything that's been going on -- part terror premium, the decline in the value of the dollar -- but more than anything else, the strong U.S. economy and its benefits from low interest rates and the Bush tax cuts," said Phil Flynn, a senior analyst at Alaron Trading.

"All this equates to [the likelihood of] the highest demand summer for energy in the history of the country," he said.

Crude for June delivery rose by 59 cents to close at $39.57 per barrel on the New York Mercantile Exchange after reaching an intraday high of $39.74.

Futures prices haven't traded at levels this high since February 2003, which saw an intraday high of $39.99. On a closing basis, they ended at their highest level since October of 1990.

June unleaded gasoline climbed by 0.67 cent to end the session at $1.3125 per gallon, after trading at a fresh record high of $1.319.

June heating oil closed up 0.97 cent at 99.78 cents per gallon. It rose as high as $1.004 earlier, topping the $1 mark for the first time since January.

Crude prices could reach $40 this week as the "huge discrepancy" in the supply data "has made traders confused and will probably lend strength to the long side of the market," said Kevin Kerr, editor of newsletter Kwest Market Edge.

"Once the $40 psychological barrier is breached, it could open a floodgate of stops and momentum could surge in the front-month contract, pulling the products along with it," he said.

Inadequate stock climbs

Crude is rallying because the climbs in oil supplies were still less than 3 million barrels, and unleaded gasoline prices are finding some support from expectations of higher demand, said John Person, editor of The Bottom Line newsletter.

The market can "eat right through" that gasoline inventory number, "especially if we have a great weekend, weather wise, in the Midwest," he said, adding that "spring fever and Mother's Day will put more travelers on the road."

Earlier Wednesday, the Energy Department reported a 4 million-barrel climb in motor gasoline inventories for the week ended April 30 and said total stocks now stand at 204 million. That's 1.6 percent below the year-ago level, according to government data.

The American Petroleum Institute said stocks rose by a smaller amount -- nearly 1 million barrels to 195.8 million.

IFR Energy Services expected the supply reports to show a climb of 1 million to 2 million barrels in gasoline supplies, while Fimat USA was targeting a climb at the midpoint of that range.

Crude inventories rose by 100,000 barrels to 298.9 million, according to the Energy Department. The API posted a 1.3 million-barrel climb to total 300.2 million.

IFR expected crude stocks to be up between 1 million and 3 million barrels that week. Fimat USA's estimate was also at the midpoint of that range.

Distillate stocks climbed 2.4 million to 107.2 million barrels or by 2.3 million to 103.8 million barrels, according to the government and API data, respectively.

IFR was looking for a rise of 500,000 barrels to 1.5 million barrels for the stocks, which include heating oil. Fimat expected a climb of 1.75 million barrels.

All in all, traders need to keep in mind that "the API numbers are subject to change, and still don't answer the immediate need for various supplies and grades for this summer's driving season," said Kwest's Kerr.

And "the market could react to any hint of additional problems of disruption in places like Saudi Arabia -- so this minor sell-off [in gasoline] may be brief," he said.

quote:

---

Originally posted by WiseTrader:
PATIENCE is the key my friends.. those who want quick profits and cant stand waiting to make a quick buck can go somewhere else. This company will make a huge run in due time, and most likely soon.. as oil prices this summer will be soaring and the technology that USCI has is going to make alot of shareholders very happy. Once the Giant awakes, it will make its run. This is a keeper, a solid company, no fluff or b/s PRs every other day like most scam stocks out there. I believe the CEO wants to keep a good reputation, and not to hype his company up just to excite stockholders. I am proud to own this little gem at these levels. Good luck to all!

---

Wize Trader

Any info or DD on this stock would be great. What makes you think its due for a big Run? I've been in and out of this for months ( just sold the last of my shares last week)
Not questioning your post I would just like to know what you base it on. Oil prices have been high for a while lately without much movement here, without PR how is anyone going to know about this and what would drive the PPS ?

Di
If we do get a date I'm good to get back in for a couple of million also. Since I trade in a IRA account I can't just add money at will. Thats why I sold to free up money but I can sideline enough to jump in.

quote:

---

Originally posted by Rics1997:
http://stockskill.net/Pinks/USCI/

Here is something interesting I found just because it is dates this year 2/24/2004. Take it for what you want but eveyone I know has been asking for something with this years date on it. I found it by search for the TM-96 Portable Steam Generator. Hope this helps.

Rick

---

great dd. keep it coming.

MAYBE IT IS NOT THE SHELL GAME. EITHER ONE--IN TIME IT WILL RUN. JMHO

LONDON (May 18) - Oil prices surged to near $42 a barrel and the U.S. Energy Department said the country's average retail price of a gallon of gasoline had passed $2 for the first time.

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· AOL Search: Gas Prices


Oil prices rose Monday as markets shrugged off a Saudi proposal that OPEC raise its official output target by 6 percent.

Analysts argued that the Organization of Petroleum Exporting Countries must add real barrels of oil to world supplies, rather than just increase the target, if it expects to curb the relentless rise in crude prices.

A senior OPEC delegate, speaking on condition of anonymity, said the group was so worried about overheated prices that it might consider making a larger increase in its target than Saudi Arabia initially suggested last week.

OPEC, which supplies one-third of the world's oil, plans emergency talks this weekend in Amsterdam to discuss a possible target increase of 1.5 million barrels. Because OPEC already exceeds its current target by more than this amount, analysts say such a move would only legitimize some of OPEC's overproduction and do nothing to trim prices.

''It's not that it won't be enough. It's irrelevant,'' said Leo Drollas, chief economist of the Center for Global Energy Studies in London.

Futures contracts of U.S. light crude for June delivery reached $41.85 a barrel in New York, before retreating to $41.55, up 17 cents from Friday's close. It was a new record close on the New York Mercantile Exchange. In London, July contracts of North Sea Brent reached $38.50 a barrel on the International Petroleum Exchange, but were up just 4 cents by evening at $37.90.

In its weekly report of retail gasoline prices, issued Monday, the Energy Department said Americans paid an average price of $2.017 per gallon, up 7.6 cents from the previous week. That was the first time the national average topped $2, the agency said.

Broadband Only
Oil Reserves May Get Tapped


Pressure is building on OPEC to dip into some of its spare production capacity to boost actual output - not just its target. Markets are stretched by unexpectedly strong demand and spooked by turmoil in Iraq and uncertainty elsewhere in the oil-rich Middle East.

The assassination Monday of the head of the Iraqi Governing Council underscored the political instability in that country, which has the second-largest proven crude reserves after Saudi Arabia. Izzadine Saleem was the second and highest-ranking member of Iraq's U.S.-appointed council to be assassinated.

The senior OPEC delegate said representatives at the group's upcoming meeting might discuss raising their target by more than 6 percent.

''There's no fixed position in terms of numbers,'' the delegate said.

Most OPEC members are cashing in on current high prices by pumping an estimated 2 million barrels above their target of 23.5 million barrels. However, if prices stay high, they could damage economic growth and weaken demand for crude. High prices also encourage non-OPEC producers such as Russia and Mexico to pump more oil of their own, worsening the risk that prices may collapse due to oversupply.

''We are very worried and very concerned about the situation in the oil market, and we know we will do what we have to bring back stability,'' the OPEC delegate said.

In spite of OPEC's efforts to micromanage oil supplies, the current robust demand for crude has caught it by surprise. Any decision to increase its production target would mark a major policy reversal. OPEC only just decided at the end of March to reduce its target by 4 percent to 23.5 million barrels.

The group had feared that seasonal demand would fall during the spring quarter, and it acted preemptively to prevent an oversupply of crude. But instead of falling, demand for oil and refined products intensified in the United States, Europe and China.

Bottlenecks at U.S. refineries, heavy speculative investment in oil futures and concerns about security in the Middle East added fuel to soaring prices.

Regardless of what OPEC decides to do with its production target, it should boost actual output by around 500,000 barrels, said Adam Sieminski, an oil price strategist at Deutsche Bank in London.

''That certainly won't be enough to crash prices, but it might take the upside away,'' he said.

05-18-04 03:26 EDT

quote:

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Originally posted by Just Learning:
It seems like were never getting the run we all hoped for.

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quote:

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Originally posted by cool1sh:
Volume is getting lower and lower lately and so is the pps. I still have good position and will hold on.

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Multi-year drought builds pressure for tougher conservation measures

Gary Park

Petroleum News Calgary Correspondent

After years of crippling droughts across much of Alberta, the provincial government and environmentalists are making a case for revising water management policy.

New measures could impose an added burden on the costly process of extracting 177 billion barrels of recoverable deposits in Alberta’s oil sand, interfere with enhanced recovery from conventional oil wells and set up obstacles to the emerging extraction of coalbed methane gas.

The government released a draft water strategy March 27 that proposes a pricing system, polluter charges and other “economic tools and incentives” to promote water conservation and change user patterns. The document declares Alberta aims to “eliminate uses for fresh water that remove it from the water cycle.”

Calgary attorney Brian O’Ferall, who represents energy companies, landowners and environmental groups, told a forum March 24 that the strategy will have consequences for the industry.

The independent Pembina Institute for Appropriate Development, in findings released April 10, urged the province to start charging industrial users to help conserve supplies.

“The single most effective mechanism to influence conservation and efficient use of any resource is achieved through a pricing signal,” said a new Pembina report. “The need to charge a realistic price for water has been recognized at both national and international levels.”

Environment Minister Lorne Taylor said Albertans have “clearly told us that all aspects of society, not just governments, need to be involved in water management and decision-making.”

However, Premier Ralph Klein softened the immediate threat to the oil patch, telling the legislature that exploration and production must be allowed to “take place without unduly putting a hardship on companies that are putting up millions of dollars to explore and produce. Energy is the primary engine that drives the economy of this province.”

Alberta Environment has calculated that since 1950, the amount of water licensed for use has soared to 2.1 trillion gallons from 236 billion gallons, with 47 percent going to irrigation, 25 percent to cool power plants, 11 percent for municipal uses and only 4.5 percent being consumed by the oil patch.

Steam use in oil sands

But that share could be headed for an exponential rise as producers increasingly turn to steam-injection methods to extract bitumen from Alberta’s oil sands region — a process that uses about three barrels of water to produce one barrel of petroleum products.
Those involved in developing and using water-dependent technologies include most of the big names in the industry, with about half of Alberta’s oil production dependent on fresh water, according to some estimates.

EnCana’s Foster Creek project is the world’s first commercial plant to employ steam-assisted gravity drainage and is being joined by the Christina Lake venture. The company has an estimated 30 billion barrels of oil sands resource on its land and is targeting volumes of 100,000 barrels per day.

Petro-Canada launched its 30,000-bpd MacKay River project last fall, is advancing its 80,000-bpd Meadow Creek development in partnership with Nexen Inc. and is planning a third steam-injection project. In addition, it is spending C$5 billion to reconfigure and expand its Edmonton refinery to process 170,000 bpd of bitumen, replacing 85,000 bpd of conventional light crude that currently is handled by the refinery.

Imperial Oil’s Cold Lake project is on track to produce 180,000 bpd later this decade, while ConocoPhillips Canada, Canadian Natural Resources and Suncor Energy all are working on plans for steam technology projects.

Industry leaders, anxious to avoid conflict, have indicated a willingness to consider more stringent conservation, but are calling for a cost-benefit analysis before any proposal becomes official policy. They want to ensure that any measures apply consistently to all sectors and don’t discriminate against oil and gas.

Options include pressure on the industry to recycle water used for enhanced recovery and to use saline groundwater rather than fresh water whenever possible.

The Canadian Association of Petroleum Producers has noted that the government’s requirement for companies to use saltwater before tapping into fresh water has boosted saline use 10-fold and lowered fresh water injection by 80 percent over almost three decades, although some water in the enhanced recovery process is removed from the cycle.

quote:

---

Originally posted by cool1sh:
Already 1.3 Mil.. what's up?

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------------------
GLTA

Raja

quote:

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Originally posted by HarryHar:
waiting for .0003

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