UMED Holdings, Inc., a diversified holding company, owns and operates businesses in energy, mining and agriculture industries. The company owns technology for converting natural gas to liquids, primarily diesel and jet fuel (Gas-to-Liquids or GTL); mining claims on federal Bureau of Land Management (BLM) in southwest Arizona; a mamaki tea farm on 25 acres located on the big island in Hawaii; and oil rig drilling data management technology. The company staked the BLM placer mining claims on the 1,440 acres in Arizona. In 2012, the company acquired 50% of Rig Support Services, Inc., which is in the process of developing a unique and valuable technology and asset management tool for the oil and gas industry. Strategy The company plans to initially focus on the Mamaki Tea Plantation while it seeks the capital necessary to market the Logistic software to track drilling rig components, develop and build the GTL units, and drill test holes and test the samples on its Arizona placer mining claims to determine the potential value of the various metals that may be located on the claims. Intellectual Property As of December 31, 2013, the company’s wholly-owned subsidiary Greenway Innovative Energy, Inc. (GIE) owns U.S. Patent 8,574,501 covering its mobile GTL conversion unit for the purpose of converting natural gas to synthetic fuels. History The company was formerly known as Universal Media Corporation and changed its name to UMED Holdings Inc. in 2011.
umed holdings inc (UMED:OTC US)
6628 Bryant Irvin Road
Fort Worth, TX 76132
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