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UMEWORLD LIMITED - $UMEWF STOCK NEWS

Welcome to our dedicated page for UMEWORLD news (Ticker: $UMEWF), a resource for investors and traders seeking the latest updates and insights on UMEWORLD stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UMEWORLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UMEWORLD's position in the market.

News
UMeWorld Limited Updates Investors on Acquisition, Uplist and Relocation
Rhea-AI Summary

UMeWorld (OTC: UMEWF) updates investors on acquisitions, uplisting, and relocation plans. The company secured a license for DAG weight loss cooking oil, pivoting towards ESG operations. They plan to acquire palm oil mills in Malaysia and collaborate on an Integrated Palm Oil Development project. UMEWF is raising $2 million for acquisitions and Nasdaq uplisting. CEO Michael Lee will host an investor webinar on May 14th, 2024, outlining the strategic vision.

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UMeWorld to Debut the World's First & Only Weight Loss Cooking Oil in the US
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UMeWorld (OTC: UMEWF) secures an exclusive license for DAG weight loss cooking oil, plans to build a pilot plant in Miami with a capacity to produce 10,000 tons per year, aiming for $200 million in annual revenue. DAG oil offers health benefits and weight loss potential, positioning UMEWF as an industry leader in the global cooking oil supply chain.
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UMeWorld Limited Executing Key Acquisition Corporate Actions
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UMeWorld announces corporate domestication and issuance of Series A Preferred shares for planned acquisitions
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UMeWorld To Continue Aggressive Expansion Strategy, Capitalizing On Innovations To Expand Edible Oils Segment
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UMeWorld announces expansion of edible oil segment with a new manufacturing facility in Canada, focusing on high DAG content oils. This diversification away from canola oil is a vital step in vertical integration efforts. The innovations in enzymatic technologies will improve product quality and create opportunities in the biodiesel market. The biodiesel market is currently valued at USD $32 billion with a 10% compound annual growth rate.
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UMeWorld Limited to Purchase Three Palm Oil Mills Totaling Two Million Metric tons of Capacity for $90 Million of Convertible Preferred Equity at $4 Per Share
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UMeWorld Limited has signed a binding Letter of Intent to purchase three Palm oil mills in Malaysia, representing nearly 2 million metric tons of Fresh Fruit Bunches (FFBs) production capacity. The purchase also includes the leading ESG technology for palm oil refinery production. The current market value of this capacity is $600 million of revenue per year or about $5.40 per outstanding share. The Company will issue Convertible Preferred Equity of $90 million. CEO Michael Lee expects the capacity addition to reflect in the company's sales and earnings in the last half of 2023.
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UMEWORLD LIMITED

OTC:UMEWF

UMEWF Rankings

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UMEWF Stock Data

56.38M
28.27M
74.43%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
Miami

About UMEWF

umeworld limited, a holding company, operates as an educational technology company with a focus on the k-12 education market in china. the company's k-12 flagship product is umfun, a cloud-based assessment and learning analytics platform that analyzes and adapts to a student's performance and personalizes the delivery of proprietary educational items in accordance with the student's learning needs. the company's platform provides standards-based instruction, practice, assessments, and productivity tools that enhance the performance of educators and students. its products also enable educators to track student performance in real-time to address individual student learning gaps, while allowing administrators to monitor student progress and measure teacher effectiveness. umeworld limited serves schools, teachers, students, and parents through online and mobile platforms. the company was formerly known as alpharx, inc. and changed its name to umeworld limited in march 2013. umeworld has a