SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : USSE - U.S. Sustainable Energy Corp.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rascal who wrote (396)6/26/2007 10:28:43 PM
From: mailman0096  Read Replies (1) of 613
 
U.S. Sustainable Energy Corporation to Retire 225 Million Shares of Stock to Treasury
Tuesday June 26, 4:06 pm ET

NATCHEZ, MS--(MARKET WIRE)--Jun 26, 2007 -- U.S. Sustainable Energy Corp. (Other OTC:USSE.PK - News) announced today that the Company is retiring 225 million shares of restricted common stock. The rescinding of the stock was adopted by a written board resolution dated June 22, 2007.

John Rivera, CEO, stated, "The retiring of the shares is a major benefit for our shareholders and the Company. The shares had been issued in expectation of certain duties and services required under an agreement. The agreement became in breach, and we moved quickly to protect our shareholders' interest."

biz.yahoo.com

These must be Stanton's Dividend shares. He must hold the Certs for another 225M. They may or may not be retired also.

O/S Reduction Interesting Points:
investorshub.com

.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext