User:Chantelle Randolph/sandbox

Hello Fellow USAR Inc. Investors!

'''I'm happy to share that USAR Inc. may be getting ready to move ahead! Congratulations to the team for all their hard work and dedication!

California Department of Corporations has issured and order Withdrawing Desist and Refrain.

RE: Securities & Exchange Commission SEC California Department of Corporations-Order Withdrawing Desist ... Dated: July 13, 2010. Sacramento, California. PRESTON DuFAUCHARD. CaliforniaCorporations Commissioner. www.corp.ca.gov/ENF/pdf/2010/BrownD_DR.pdf

Shortly after the CA DOC issued the Desist and Refrain, IER prevailed on it's motion for Summary Judgment in International Energy and Resources, Inc. v Spooner, et al, Superior Court, Maricopa County Arizona. The Court found in favor of IER to its claims for Quiet Title, Constructive Trust, and Breach of the Duty of Good Faith and Fair Dealing, premised upon the competing mining claims held by Mr. Spooner (a former consultant of IER) that clouded title to certain of IER's mining claims. In it's decision the court held, in part, that (1) Mr. Spooner's competing mining claims were void as a matter of law, (2) Mr. Spooner breached his duty of good faith and fair dealing to his employer IER by usurping IER's opportunity to obtain the mining claims at issue, and (3) Mr. Spooner's affirmative defense relating to allegedly illegal sales of securities was dismissed.

In addition the Securities and Exchange Commission investigated International Energy and Resources, Inc. (IER), U.S. American Resources, Inc., and John Owen "against whom we do not intend to recommend any enforcement action by the commission"

Looking forward to the year ahead for the entire team at USAR Inc.

http://www.usarinc.com

Your Biggest Fan,

Chantelle Randolph