UMED Holdings, Inc. (the "Company") was originally incorporated as Dynalyst
Manufacturing Corporation on March 13, 2002 and adopted a name change to Universal
Media Corporation upon completion of a reverse acquisition of Dynalyst Manufacturing
Corporation in August of 2009. In March 2011, we changed our name to UMED Holdings,
Inc. ("UMED").
UMED is a diversified holding company that owns and operates businesses in
a variety of industries including energy and mining. Our focus is to acquire
businesses as wholly-owned subsidiaries that meet some key requirements: (1)
solid management that will not have to be replaced in the near future, (2) the
ability to grow with steady growth to follow, and (3) an emphasis on emerging
core industry markets, such as energy, metals and agriculture.
Our executive offices are located at: UMED Holdings, Inc., 8851 Camp Bowie
Blvd. West, Suite 240, Fort Worth, Texas 76116 tel. voice: 817-346-6900, fax:
817-887-1943. Our Web site is www.umedholdings.com
Our growth is dependent on attaining profit from our operations and our raising
capital through the sale of stock or debt. There is no assurance that we will
be able to raise any equity financing or sell any of our products at a profit.
Our independent registered public accounting firm issued a going concern qualification
in their report dated April 14, 2016, which raises substantial doubt about our
ability to continue as a going concern.
Our stock is traded on the OTC QB and our trading symbol is "UMED."
UMED Holdings, Inc. ("UMED," or the "company") was incorporated
in Texas on March 13, 2002. UMED owns technology for converting natural gas
to liquids, primarily diesel and jet fuel ("GTL") and mining claims
on federal Bureau of Land Management (BLM) in Southwest Arizona. The Company
is in the process of seeking funding to build the GTL units and begin the mining
operations on the BLM land.
The Company staked the BLM placer mining claims on 1,440 acres in Arizona in
September 2011, and, since then, has maintained the claims and will establish
an exploration and development plan, when capital is available.
In August of 2012, the Company acquired Greenway Innovative Energy, Inc. and
has received two patents from the US Patent Office for its GTL technology. The
Companys current plan is to concentrate on obtaining the capital needed to
build the small scale model at the University of Texas at Arlington (UTA) and
then the initial GTL field unit.
UMED does not have the financial resources and does not have any commitments
for funding from unrelated parties or any other firm agreements that will provide
working capital to its business segments. We cannot give any assurance that
UMED will locate any funding or enter into any agreements that will provide
the required operating capital. UMED has been depended on the sale of equity
and advances from shareholders to provide it with working capital to date.
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