Restoration of compliance standards is an important step in the right direction for all companies and hence, it was not entirely surprising to see the rally in the US Energy Initiatives Corp Inc (OTC: USEI) stock on Monday.
Back on March 15, the company announced that it has taken ‘significant steps in order to restore US Energy Initiatives’ compliance standards. The company also stated that the move was initiated with one eye on the company’s future.
On Monday, the stock rallied by as high as 51% as investors piled onto the stock in a big way. At the time, the Chief Executive Officer of the company Anthony K. Miller also stated that US Energy Initiatives launched its new website as well that will provide the public necessary information about the company. It will also be used to provide information about the future plans of the company in 2021 and further on in the future.
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