umed holdings inc (UMED:OTC US)
umed holdings inc (UMED) Snapshot
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Open
$0.10
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Previous Close
$0.10
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Day High
$0.10
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Day Low
$0.10
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52 Week High
10/16/12 - $0.30
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52 Week Low
10/31/12 - $0.05
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Market Cap
11.3M
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Average Volume 10 Days
0.0
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EPS TTM
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Shares Outstanding
113.4M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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No Related Businessweek News Foundumed holdings inc (UMED) Details
UMED Holdings Inc., a holding company, acquires assets and companies in the energy, precious metals, aerospace, media, and social media business sectors. The company offers modular gas to liquids conversion unit, which enhances the productivity of the existing Fischer-Tropsch process to synthesize natural gas to a liquid hydrocarbon (synthetic fuel); and focuses on purchasing and developing minerals in an 8,000 acres section of land for natural gas in North America. It also operates digital broadcast television stations through local management agreements in approximately 25 markets, including Dallas/Fort Worth, Austin, San Antonio, and Houston; develops various scripts into feature length movies; and involves in mining precious metals. The company was formerly known as Universal Media Corporation and changed its name to UMED Holdings Inc. in April 2011. UMED Holdings Inc. is based in Fort Worth, Texas.
Last Reported Date: 04/16/12
umed holdings inc (UMED) Key Developments
UMED Holdings, Inc. through its unique breakthrough in portable Gas-To-Liquids-Fuel (GTLF) technology, opens new markets in the energy business. The cleanliness of the process, along with purity and energy density of the output product, will exceed all other Fischer-Tropsch (FT) processes known in operation today. UMED's technology will influence the downstream energy market by producing, in high yield, a cleaner diesel or jet synfuel free of sulfur, paraffin, and wax. The technology requires little or no post-production refining while traditional FT approaches have not been very efficient processes and tend to produce a wide-range of linear hydrocarbons ranging from naphtha's to waxes. Once blended, UMED's GTLF production fuels can be put into diesel or jet engines and burned hygienically in unmodified existing engines.
UMED Holdings, Inc. announced that Reliant Global Solutions, Inc. (RGS) has expanded its teaming arrangement with 1st Resource Group, Inc. for advancing certain gas-to-liquids (GTL) engineering efforts with commonwealth engineering and construction (Commonwealth), the engineering and design firm. Under the terms of the arrangement, RGS contributed $140,000 to UMED in exchange for certain economic participation in 1st Resource Group, Inc.'s gas-to-liquids conversion unit #1 which is under a design-build phase with commonwealth.
UMED Holdings Inc. announced a licensing agreement with The University of Texas at Arlington and 1st Resource Group Inc. (1RG) of Fort Worth for a new and efficient process for converting natural gas to clean, synthetic fuels (GTL). UMED has entered into an agreement with 1RG to commercialize this new GTL process. The Agreement calls for UMED to be a sub-licensee and primary source for the commercialization of the GTL Conversion Units which will generate revenues for UMED as the units are deployed. 1RG will participate in the revenues and receive warrants to purchase UMED common stock. Additional consideration will be based upon certain performance. The units being developed are small-scale portable, modular Gas-to-Liquid (GTL) conversion units intended to help natural gas producers gain improved market advantage. The advancement of GTL technology, pioneered by 1RG, will enable natural gas producers to achieve stronger financial performance through conversion of natural gas to clean Synthetic Fuels.
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Industry Analysis
UMED
Industry Average
| Valuation | UMED | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 31.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 34.2x |
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