Greenway (GWTI) 10-K/A 18 Apr 16 2015 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 24, 2016	Mar. 24, 2015
Document and Entity Information:
Entity Registrant Name	UMED HOLDINGS, INC.
Entity Trading Symbol	umed
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Entity Central Index Key	1,572,386
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		188,446,419
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Public Float			$ 6,974,090

Balance Sheet

Balance Sheet - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash	$ 0	$ 77,504
Total Current Assets	0	77,504
Fixed assets
Property & equipment	4,015	88,703
Less depreciation	3,271	14,061
Total Fixed Assets	744	74,642
Other Assets
Mine properties, less impairment allowance of $100,000 in 2015	0	0
Investments, less impairment allowance of $90,000 in 2015	0	0
Assets related to discontinued operations	0	1,757,643
Total Other Assets	0	1,757.64
Total Assets	744	1,909,789
Current Liabilities
Accounts payable	85,545	34,986
Advances from stockholders	102,214	181,272
Accrued management fees	1,793,617	1,822,677
Accrued expenses	229,763	153,592
Convertible note payable, net of discounts of $0 and $110,800)	0	47,200
Derivative liability-warrants	60,164	239,789
Liabilities related to discontinued operations	0	1,860,518
Total Current Liabilities	2,271,303	4,340,034
Total Liabilities	$ 2,271,303	$ 4,340,034
Commitments and Contingencies
Stockholders' Deficit
Class B stock, 20,000,000 shares authorized, par value $0.0001, 15,126,938 issued and outstanding at December 31, 2015 and 15,738,894 at December 31, 2014	$ 1,513	$ 1,574
Class A stock 300,000,000 shares authorized, par value $0.0001, 183,882,132 and 145,559,835 issued and outstanding at December 31, 2015 and December 31, 2014, respectively	18,389	14,557
Additional paid-in capital	10,167,670	5,983,053
Accumulated deficit	(12,458,131)	(8,429,429)
Total Stockholders' Deficit	(2,270,559)	(2,430,245)
Total Liabilities & Stockholders' Deficit	$ 744	$ 1,909,789

Balance Sheets Parentheticals

Balance Sheets Parentheticals - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Parentheticals
Less impairment allowance, Mine properties	$ 100,000	$ 0
Less impairment allowance, Investments	90,000	0
Net of discounts of Convertible note payable	$ 0	$ 110,800
Class B stock, par value	$ 0.0001	$ 0.0001
Class B stock, shares authorized	20,000,000	20,000,000
Class B stock, shares issued	15,126,938	15,738,894
Class B stock, shares outstanding	15,126,938	15,738,894
Class A stock, par value	$ 0.0001	$ 0.0001
Class A stock, shares authorized	300,000,000	300,000,000
Class A stock, shares issued	183,882,132	145,559,835
Class A stock, shares outstanding	183,882,132	145,559,835

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loss from continuing operations
General and administrative	$ 3,829,466	$ 2,241,076
Research and development	766,726	218,000
Depreciation	396	396
Total Expense	4,596,588	2,459,472
Operating loss	(4,596,588)	(2,459,472)
Other income (expenses)
Debt forgiveness	518,300	0
Write off Logistix software	(73,500)	0
Impairment on investment assets	0	(190,000)
Gain (Loss) on change in fair value of derivatives	139,397	(91,395)
Interest expense	(218,105)	(928,774)
Total other expenses	(366,092)	(1,210,169)
Operating loss from continuing operations	(4,230,496)	(3,669,641)
Discontinued operations, net of tax (loss) from discontinued operations	(561,412)	(714,834)
Gain on disposal of discontinued operations	763,206	0
Total gain (loss) discontinued operations	201,794	(714,834)
Loss before income taxes	(4,028,702)	(4,384,475)
Provision for income taxes	0	0
Net loss	$ (4,028,702)	$ (4,384,475)
Basic loss per share;
Operating loss.,	$ (0.02)	$ (0.03)
Loss from discontinued operations	0	0
Net loss per share	$ (0.02)	$ (0.03)
Weighted average shares Outstanding; Basic and diluted	165,860,150	138,442,759

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Class B Number of Shares	Stock Par Value 0.0001 Amount	Class A Number of Shares	Par Value 0.0001 Amount	Additional Paid-In-Capital	Accumulated Deficit	Total
Balance at Dec. 31, 2013	15,798,894	1,580	128,911,568	12,892	2,818,782	(4,044,954)	(1,211,700)
Sale of common stock			2,310,118	231	336,269		336,500
Conv of class B Stock to class A common	(60,000)	(6)	600,000	60	(54)
Conv shareholders' advances to common stock			6,703,915	670	1,526,509		1,527,179
Shares issued for services			7,034,234	704	1,301,547		1,302,251
Net loss						$ (4,384,475)	$ (4,384,475)
Balance. at Dec. 31, 2014	15,738,894	1,574	145,559,835	14,557	5,983,053	(8,429,429)	(2,430,245)
Sale of common stock			10,915,101	1,091	1,081,502		1,082,593
Class B common converted To class A common	(611,956)	(61)	9,179,340	918	(857)
Conv shareholders' advances to common stock			1,817,746	182	314,335		314,517
Shares issued for services			16,410,110	1,641	2,403,087		2,404,728
Warrants issued for services					$ 386,549		$ 386,549
Net loss						$ (4,028,702)	$ (4,028,702)
Balance at Dec. 31, 2015	15,126,938	1,513	183,882,132	18,389	10,167,670	(12,458,131)	(2,270,559)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash Flows from Operating Activities
Net Loss from Operations	$ (4,230,496)	$ (3,669,641)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	398	395
Stock issued for services	2,404,729	1,302,251
Interest and amortization of debt discounts	102,700	64,836
Debt forgiveness	(518,300)	0
Impairment provision on assets	0	190,000
Warrants	386,549	0
Debt issue costs amortized	0	12,125
Write off of Logistix software	73,500	0
Gain (loss) change in fair value of derivatives	(139,397)	91,395
Changes in operating assets and liabilities:
Accounts payable	50,559	(19,819)
Accrued management fees	489,241	493,850
Derivative liability	0	239,789
Accrued expenses	76,171	22,092
Net Cash Used in Operating Activities	(1,304,347)	(1,272,727)
Cash Flows from Investing Activities	0	0
Cash Flows from Financing Activities
Advances from shareholders converted to common stock	314,517	1,527,180
Advances from shareholders	(79,058)	54,869
Decrease in notes payable	0	(30,000)
Decrease in convertible note payable	(47,200)	47,200
Proceeds from sale of common stock	1,082,593	336,500
Net Cash Provided by Financing Activities	1,270,852	1,935,749
Cash Used in Discontinued Operations	(44,009)	(585,613)
Net (Decrease) Increase in Cash	(77,504)	77,409
Cash Beginning of Period	77,504	95
Cash End of Period	0	77,504
Supplemental Disclosure of Cash Flow Information:
Cash Paid during the period for interest	69,297	49,009
Cash Paid during the period for taxes	0	0
Conversion of class B common stock to class A common stock	$ 918	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES {1}	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations UMED Holdings, Inc. ("UMED" or the "Company") was organized on March 13, 2002 under the laws of the State of Texas as Dynalyst Manufacturing Corporation. On August 18, 2009, in connection with a merger with Universal Media Corporation, a privately held Nevada company, the Company changed its name to Universal Media Corporation ("UMC"). The company changed its name to UMED Holdings, Inc. on March 23, 2011. UMED's mission is to operate as a holding company through the acquisition of 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 and metals. It is the Company's intention to add experienced personnel and select strategic partners to manage and operate the acquired business units. In September 2010, UMED has acquired 1,440 acres of placer mining claims on Bureau of Land Management land in Mohave County, Arizona. See discussion in Note 4. Due the Company not producing any revenues from its BLM mining leases since its acquisition of the leases, achieving a position of producing cash flow levels to fund the development of its BLM mining leases in December of 2010 and not having current resources for an appraisal, we recognized an impairment charge of $100,000 during the year ended December 31, 2014. In October 2011, UMED has acquired a 49% interest in Jet Regulators, LP, an aircraft maintenance company located at Meacham Field in Fort Worth, Texas. See discussion in Notes 5 and 7. Due to reduced growth expectations and the Company not receiving any revenues from its ownership in Jet Tech described in Note 7, we recognized an impairment charge of $90,000 during the year ended December 31, 2014. In May 2012, the Company acquired 80% of Mamaki Tea & Extract of Hawaii, Inc. (nka Mamaki of Hawaii, Inc.) which owns and operates Wood Valley Plantation a 25 acre Mamaki Tea plantation located in the Kau district of the Island of Hawaii and lies at the foot of Mauna Loa, the Earth's largest volcano. On December 31, 2012, the Company acquired the remaining 20% for 500,000 shares of restricted common stock and $127,800 of cash. Mamaki of Hawaii, Inc. was sold in October 2015 as discussed further in Notes 2, 3, 4, 5 and 13. In August 2012, the Company acquired 100% of Greenway Innovative Energy, Inc., which owns patents and proprietary technology that is capable of converting natural gas to diesel and jet fuels.

BASIS OF PRESENTATION AND GOING

BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES	12 Months Ended
	Dec. 31, 2015
BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES
BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES	NOTE 2 - BASIS OF PRESENTATION AND GOING CONCERN UNCERTAINTIES Principles of Consolidation The accompanying consolidated financial statements include the financial statements of UMED and its wholly-owned subsidiaries. The Company's investment in Jet Regulators is accounted for at cost due to its lack of significant influence. All significant inter-company accounts and transactions were eliminated in consolidation. The accompanying consolidated financial statements include the accounts of the following entities: Name of Entity % Entity Incorporation Relationship UMED Holdings, Inc. Corporation Texas Parent Mamaki of Hawaii, Inc.* 100 % Corporation Nevada Subsidiary Universal Media Corporation 100 % Corporation Wyoming Subsidiary Greenway Innovative Energy, Inc. 100 % Corporation Nevada Subsidiary Logistix Technology Systems, Inc. 100 % Corporation Texas Subsidiary * Sold in October 2015 Going Concern Uncertainties The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, the Company sustained a loss of $4 million for the year ended December 31, 2015 and has a deficit of $12.5 million at December 31, 2015. The ability of the Company to continue as a going concern is in doubt and dependent upon achieving a profitable level of operations or on the ability of the Company to obtain necessary financing to fund ongoing operations. Management believes that its current and future plans enable it to continue as a going concern for the next twelve months. To meet these objectives, the Company continues to seek other sources of financing in order to support existing operations and expand the range and scope of its business. However, there are no assurances that any such financing can be obtained on acceptable terms and timely manner, if at all. The failure to obtain the necessary working capital would have a material adverse effect on the business prospects and, depending upon the shortfall, the Company may have to curtail or cease its operations. The accompanying consolidated financial statements do not include any adjustment to the recorded assets or liabilities that might be necessary should the Company have to curtail operations or be unable to continue in existence.

RESTATEMENT

RESTATEMENT	12 Months Ended
	Dec. 31, 2015
RESTATEMENT
RESTATEMENT	NOTE 3 - RESTATEMENT In preparing the financial statements for the year ended December 31, 2014, the Company (through procedures performed by its independent auditors) determined that it had failed to properly value shares issued for services and shareholder conversions and properly identify and value derivatives related to a convertible note with associated warrants. As the result of this error, we are restating our financial statements ("The Restatement") and associated disclosures to include the cost associated with the shares issued and the derivatives associated with the convertible note and warrants. The error resulted in the understatement of non-cash expenses and a corresponding understatement of net loss by $1,699,129, for the year ended December 31, 2014. Also in this restatement, the Company has reclassified the accounts and operations related to Mamaki of Hawaii, Inc., a wholly-owned subsidiary, that was sold in 2015 as discontinued operations as discussed in Note 13. Balance Sheet Accounts As Previously Stated Reclassify Mamaki Correction of Derivative and Stock Valuations As Restated Cash $ 82.400 $ (4,896 ) $ 77,504 Accounts receivable 780 (780 ) 0 Prepaid expenses 32,700 (32,700 ) 0 Land 150,000 (150,000 ) 0 Buildings 871,842 (871,842 ) 0 Equipment 1,084,755 (996,052 ) 88,703 Accumulated depreciation (312,946 ) 298,885 (14,061 ) Mine Properties 100,000 (100,000 ) 0 Investments 90,000 (90,000 ) 0 Debt issue costs 55,427 (55,427 ) 0 Assets related to discontinued operations 0 1,757,643 1,757,643 Total $ 2,155,214 $ 0 $ (233,302 ) $ 1,909,789 Accounts payable $ 70,568 $ (35,582 ) $ 34,986 Advances from shareholders 181,272 181,272 Accrued expenses 733,316 (579,725 ) 153,591 Convertible note payable, net 136,801 (89,601 ) 47,200 Derivative liability 0 239,789 239,789 Term notes 1,245,211 (1,245,211 ) 0 Liabilities related to discontinued operations 0 1,860,518 1,860,518 Total $ 4,189,845 $ 0 $ 150,189 $ 4,340,034 Class B common $ 1,574 $ 0 $ 0 $ 1,574 Class A common 14,557 0 0 14,557 Additional paid-in-capital 4,679,538 0 1,303,515 5,983,53 Accumulated deficit (6,730,300 ) 0 (1,699,129 ) (8,429,429 ) Total $ 2,034,631 ) $ 0 $ (383,489 ) (2,418,120 ) Statement of Operations As Previously Stated Mamaki Reclassification Correction of Derivative and Stock Valuations As Restated Sales $ 24,581 $ (24,581 ) 0 $ 0 Cost of sales 54,696 (54,696 ) 0 0 Gross profit (30,115 ) (30,115 ) 0 0 Expenses General and administrative 2,092,746 (415,009 ) 563,339 2,241,076 Research and development 218,000 0 0 218,000 Depreciation 119,350 (118,954 ) 0 396 2,430,096 (533,963 ) 563,339 2,459,472 Operating loss Other expenses (2,460,211 ) (564,078 ) (563,339 ) (2,459,472 ) Impairment on investments 0 0 (190,000 ) (190,000 ) Loss on derivative 0 0 (91,395 ) (91,395 ) Interest expense (225,135 ) (150,756 ) (842,270 ) (928,774 ) Operating loss from continuing operations (2,685,346 ) (714,834 ) (1,687,004 ) (3,669,641 ) Loss from discontinued operations 0 (714,834 ) 0 (714,834 ) Loss before income taxes (2,685,346 ) 0 (1,687,004 ) (4,384,475 ) Provision for income taxes 0 0 0 0 Net loss $ (2,685,346 ) $ (714,834 ) (1,687,004 ) $ (4,384,475 ) Basic loss per share Operating loss $ (0.03 ) Loss from discontinued operations $ (0.00 ) Statement of Cash Flows Accounts As Previously Stated Mamaki Reclassification Correction of Derivative and Stock Valuations As Restated Net loss from operations $ (2,685,346 ) $ (714,834 ) $ (269,461 ) $ (3,669,641 ) Depreciation 119,350 (118,955 ) 0 395 Interest and amortization of debt discounts 0 64,836 64,836 Stock issued for services 738,842 0 563,409 1,302,251 Impairment provisions 0 0 190,000 19,000 Warrants 89,568 0 (89,568 ) 0 Debt issue costs amortized 0 0 12,125 12,125 Accounts receivable 900 (900 ) 0 0 Prepaid expenses 21,149 (21,149 ) 0 0 Accounts payable (9,287 ) (10,532 ) 0 (19,819 ) Accrued management fees 493,851 0 0 493,851 Derivative liability 0 0 239,789 239,789 Accrued expenses 262,332 (240,240 ) 22,092 Net Cash Provided by Operations (968,641 ) 323,056 1,081,812 (1,455,517 ) Advances and conversions from shareholders 729,029 0 798,151 1,582,049 Proceeds from convertible note 136,801 0 (89,601 ) 47,200 Decrease in notes payable (120,393 ) 90,393 0 (30,000 ) Proceeds from sale of common stock 336,500 0 0 336,500 Net Cash Provided by Financing 1,049,855 90,393 157,859 1,935,749 Cash used in discontinued operations (402,823 ) (402,823 ) Net Increase in Cash $ 81,214 $ (3,805 ) $ 77,409

SUMMARY OF SIGNIFICANT ACCOUN10

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of significant accounting policies applied in the presentation of the consolidated financial statements are as follows: Property & Equipment Property and equipment is recorded at cost. Major additions and improvements are capitalized. The cost and related accumulated depreciation of equipment retired or sold are removed from the accounts and any differences between the undepreciated amount and the proceeds from the sale are recorded as a gain or loss on sale of equipment. Depreciation is computed using the straight-line method over the estimated useful life of the assets as follows. Equipment 5 to 7 years Impairment of Long-Lived Assets The Company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, in accordance with ASC Topic 360, "Property, Plant and Equipment." An asset or asset group is considered impaired if its carrying amount exceeds the undiscounted future net cash flow the asset or asset group is expected to generate. If an asset or asset group is considered impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds its fair value. If estimated fair value is less than the book value, the asset is written down to the estimated fair value and an impairment loss is recognized. Due the Company not producing any revenues from its BLM mining leases since its acquisition of the leases, achieving a position of producing cash flow levels to fund the development of its BLM mining leases in December of 2010 and not having current resources for an appraisal, we recognized an impairment charge of $100,000 during the year ended December 31, 2014. The Company will continue to pay the annual renewal fees of $11,160 based on obtaining encouraging results from samples on surface material. Due to reduced growth expectations and the Company not receiving any revenues from its ownership in Jet Tech described in Note 7, we recognized an impairment charge of $90,000 during the year ended December 31, 2014. Discontinued Operations On November 2, 2015, the Company consummated the sale of its wholly owned subsidiary, Mamaki of Hawaii, Inc. ("Mamaki") to Hawaiian Beverages, Inc. ("HBI"). Under the agreement, HBI acquired 100% of the common stock of Mamaki in exchange for seven hundred thousand dollars ($700,000) and the assumption of eighty-four thousand two hundred seventy-five thousand dollars ($84,275) of UMED debts. HBI has paid so far two hundred forty-five thousand five hundred dollars ($245,400) of the two hundred fifty thousand dollars ($250,000) due at closing and pay three installments of one hundred fifty thousand dollars ($150,000) on each of thirty, sixty and ninety-day from the closing date. The Company has not received any payment on the $454,600 and has determined that the account is doubtful and wrote it off, as of December 31, 2015, as a deduction from the gain calculated on the sale. The results of Mamaki are presented as a separate line item in the consolidated statements of operations and the consolidated balance sheets entitled "Assets/Liabilities sold relating to discontinued operations" and "Assets/Liabilities related to discontinued operations". In accordance with EITF 87-24, "Allocation of Interest to Discontinued Operations", the Company elected to not allocate consolidated interest expense to discontinued operations where the debt is not directly attributable to or related to discontinued operations. All of the financial information in the consolidated financial statements and notes to the consolidated financial statements has been revised to reflect only the results of continued operations. (See Note 13). Revenue Recognition The Company has not, to date, generated significant revenues. The Company plans to recognize revenue in accordance with Accounting Standards Codification subtopic 605-10, Revenue Recognition ("ASC 605-10") which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. ASC 605-10 incorporates Accounting Standards Codification subtopic 605-25, Multiple-Element Arraignments Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenue and expenses during the reported period. Actual results could differ materially from the estimates. Cash and Cash Equivalent The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. There were no cash equivalents at December 31, 2015 and 2014, respectively. Segment Information ASC 280, " Segment Reporting management approach Mine Exploration and Development Costs The Company plans to account for mine exploration costs in accordance with Accounting Standards Codification 932, Extractive Activities. Mine Properties The Company will account for mine properties in accordance with Accounting Standard Codification 930, Extractive Activities-Mining. Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, "Income Taxes," which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when it is more likely than not that some or all deferred tax assets will not be realized. The Company has adopted the provisions of FASB ASC 740-10-05 Accounting for Uncertainty in Income Taxes Net Loss Per Share, basic and diluted Basic loss per share has been computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period. Shares issuable upon the exercise of warrants (5,112,953) have been excluded as a common stock equivalent in the diluted loss per share because their effect is anti-dilutive. Derivative Instruments The Company accounts for derivative instruments in accordance with Accounting Standards Codification 815, Derivatives and Hedging ("ASC 815"), If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change. See Note 8 below for discussion regarding a warrant agreement related to a convertible note, which was repaid on July 22, 2015. Original Issue Discount For certain convertible debt issued, the Company provides the debt holder with an original issue discount ("OID"). An OID is the difference between the original cash proceeds and the amount of the note upon maturity. The Note is originally recorded for the proceeds received. The OID is amortized into interest expense pro-rata over the term of the Note. Fair Value of Financial Instruments The Company's financial instruments, as defined by Accounting Standard Codification subtopic 825-10, Financial Instrument FASB ASC 820 defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles, and expands disclosures about fair value measurements. ASC 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions The Company's derivative was valued at level 3. Stock Based Compensation The Company follows Accounting Standards Codification subtopic 718-10, Compensation At December 31, 2015, the Company did not have any issued or outstanding stock options. Concentration and Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash. The Company places its cash with high credit quality institutions. At times, such deposits may be in excess of the FDIC insurance limit. Research and Development The Company accounts for research and development costs in accordance with Accounting Standards Codification subtopic 730-10, Research and Development Issuance of Common Stock The issuance of common stock for other than cash is recorded by the Company at market values. Impact of New Accounting Standards Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

CONTRACT RECEIVABLE

CONTRACT RECEIVABLE	12 Months Ended
	Dec. 31, 2015
CONTRACT RECEIVABLE
CONTRACT RECEIVABLE	NOTE 5 – CONTRACT RECEIVABLE In November 2015, the Company completed the sale (entered into on October 1, 2015) of its wholly owned subsidiary, Mamaki of Hawaii, Inc., ("Mamaki") to Hawaiian Beverages, Inc. ("HBI"). Under the agreement, HBI acquired 100% of the common stock of Mamaki in exchange for seven hundred thousand dollars ($700,000) and the assumption of eighty-four thousand two hundred seventy- five thousand dollars ($84,275) of UMED debts. HBI paid two hundred forty-five thousand five hundred dollars ($245,400) at closing towards the first installment due of two hundred fifty thousand ($250,000), resulting in a receivable of $454,600 at December 31, 2015. The Company has not received any payment on the $454,600 and has determined that collection is doubtful and wrote the account off at December 31, 2015 as a reduction to the gain calculated on the sale.

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	12 Months Ended
	Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT	NOTE 6 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment, their estimated useful lives, and related accumulated depreciation at December 31, 2015 and 2014, respectively, are summarized as follows: Range of Lives in Years 2015 2014 Equipment 5 2,032 13,220 Logistix software 5 0 73,500 Furniture and fixtures 5 1,983 1,983 4,015 88,703 Less accumulate depreciation (3,271 ) (14,061 ) $ 744 74,642 Depreciation expense for the year ended $ 396 $ 297 During the year ended December 31, 2015, the Company wrote-off the balance of its Logistix software and $11,188 of fully depreciated assets.

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2015
INVESTMENTS
INVESTMENTS	NOTE 7 – INVESTMENTS Investments consisted of the following at December 31, 2015 and 2014; 2015 2014 Restated Jet Tech LLC In October 2011, the Company acquired a 49% interest in JetTech LLC which is an aerospace maintenance operation located at Meacham Airport in Fort Worth, Texas -The Company has impaired the investment at December 31, 2015 and 2014, respectively, $ 0 $ 0 TOTAL INVESTMENTS $ 0 $ 0

CONVERTIBLE PROMISSORY NOTE

CONVERTIBLE PROMISSORY NOTE	12 Months Ended
	Dec. 31, 2015
CONVERTIBLE PROMISSORY NOTE:
CONVERTIBLE PROMISSORY NOTE	NOTE 8 – CONVERTIBLE PROMISSORY NOTE On September 18, 2014, the Company issued a $158,000 convertible promissory note bearing interest at 10.0% per annum to an accredited investor, payable July 23, 2015, in monthly installments of $31,600 plus accrued interest beginning 6 months after the date of this promissory note. The note was paid in full on July 22, 2015. The holder had the right under certain circumstances to convert the note into common stock of the Company at a conversion price equal to 70% of the average of the 3 lowest volume weighted average trading prices during the 20-day period ending on the latest complete trading day prior to the conversion date. The Company evaluated the terms of the convertible note in accordance with ASC 815-40, Contracts in Entity's Own Equity, and concluded that the Convertible Note did result in a derivative. The Company evaluated the terms of the convertible note and concluded that there was a beneficial conversion feature since the convertible note was convertible into shares of common stock at a discount to the market value of the common stock. The discount related to the beneficial conversion feature on the note was valued at $158,000 based on its then intrinsic value. The discount related to the beneficial conversion feature ($78,463) and the warrants ($79,537) is being amortized over the term of the debt (10 months). For the year ended December 30, 2015, the Company recognized $51,001of interest expense related to the amortization of the discount as the note was paid in full on July 22,2015. In connection with the issuance of the $158,000 note discussed above, the Company recorded debt issue cost and discount as follows: 10.4% cash – which is equivalent to $16,500, and Warrants – having a fair value of $107,212 and recorded on the balance sheet at $60,164 and $239,789 as of December 31, 2015 and 2014, respectively, which was computed as follows; Commitment Date Expected dividends 0% Expected volatility 189% Expected term: conversion feature 3.75years Risk free interest rate 1.75% The debt issue costs were capitalized and amortized through July 22, 2015, when the note was repaid. Amortization of debt issue costs for the year ended December 31, 2015 was $55,427. Net debt issue costs at December 31, 2015 was $0, as the note had been repaid. The original issue discount pertains to discount taken by lender against the total convertible note of $158,000, resulting in a disbursement of $144,000 to the company. The original issue discount of $14,000 was amortized $5,900 and $8,100 in the years ended December 31, 2015 and 2014, respectively, as the note was paid in full in July 2015.

ACCRUED EXPENSES

ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2015
ACCRUED EXPENSES
ACCRUED EXPENSES	NOTE 9 – ACCRUED EXPENSES Accrued expenses consisted of the following at December 31, 2015 and 2014; 2015 2014 Restated Accrued consulting fees $ 229,000 $ 144,500 Bank overdraft 763 0 Accrued interest expense 0 9,091 Total accrued expenses $ 229,763 $ 153,591

CAPITAL STRUCTURE

CAPITAL STRUCTURE	12 Months Ended
	Dec. 31, 2015
CAPITAL STRUCTURE
CAPITAL STRUCTURE	NOTE 10– CAPITAL STRUCTURE The Company is authorized to issue 300,000,000 shares of class A common stock with a par value of $.0001 per share and 20,000,000 shares of class B stock with a par value of $.0001 per share. Each common stock share has one voting right and the right to dividends, if and when declared by the Board of Directors. Class A Common Stock At December 31, 2015, there were 183,882,132 shares of class A common stock issued and outstanding. During the period from July 1, through September 30, 2105, the Company issued 5,921,992 shares of restricted class A common stock to eighteen individuals through private placements for cash of $450,910 at average of $0.076 per share. During the period from July 1, 2015 through September 30, 2015, the Company issued 9,179,340 shares of class A stock for 611,956 class B shares on terms set by the Company's predecessor, Dynalyst Manufacturing Corporation. During the period from July 1, 2015 through September 30, 2015, the Company issued 1,600,000 shares of restricted class A common stock for consulting services at a value of $244,5000 based on value of the services provided, at average of $0.153 per share. During the period from July 1, 2015 through September 30, 2015, the Company issued 1,235,110 shares of restricted class A common stock for legal and management services at a value of $140,713 based on value of the services provided, at average of $0.114 per share. During the period from April 1, 2015 through June 30, 2015, the Company issued 1,726,080 shares of restricted class A common stock valued at $293,434 for conversion of advances from shareholders at an average of $0.17 per share. During the period from April 1, 2015 through June 30, 2015, the Company issued 4,150,732 shares of restricted class A common stock to twelve individuals through private placements for cash of $508,500 at average of $0.1225 per share. During the period from April 1, 2015 through June 30, 2015, the Company issued a total of 13,125,000 shares of restricted class A common stock to its former CEO, its President and Chief Financial Officer per their employment agreements. The shares were valued at $0.15 per share based on market value. During the period from April 1, 2015 through June 30, 2015, the Company issued 250,000 shares of restricted class A common stock to its former CEO as set out in his separation agreement. The shares were valued at $0.138 per share based on market value. During the period from April 1, 2015 through June 30, 2015, the Company issued 200,000 shares of restricted class A common stock for consulting services at a value of $34,000at an average of $0.17 per share. During the period from January 1, 2015 through March 31, 2015, the Company issued 91,666 shares of restricted class A common stock valued at $21,083 for conversion of advances from shareholders at an average of $0.23 per share. During the period from January 1, 2015 through March 31, 2015, the Company issued 842,377 shares of restricted class A common stock to seven individuals through private placements for cash of $122,950 at $0.146 per share. During the period from October 1 through December 31, 2014, the Company issued 1,633,142 shares of restricted class A common stock valued at $351,126 for the conversion of shareholder advances at an average of $0.215 per share. During the period from October 1 through December 31, 2014, the Company issued 1,000,000 shares of restricted class A common stock to six investors for cash consideration of $127,500. During the period from October 1 through December 31, 2014, the Company issued 225,000 shares of restricted class A common stock for consulting services valued at $48,375, at an average of $0.215 per share. During the period from July 1, 2014 through September 30, 2014, the Company issued 1,118,000 shares of restricted class A common stock for conversion of $335,400 in advances from shareholder, or $0.30 per share. During the period from July 1, 2104 through September 30, 2104, the Company issued 3,770,182 shares of restricted class A common stock for services rendered. The shares were valued at $583,727, or $0.18 per share. During the period from July 1, 2104 through September 30, 2014, the Company entered into subscription agreements with individuals and sold 550,000 shares of restricted class A common stock for $67,000 cash, or $0.122 per share. During the period from April 1, 2014 through June 30, 2014, the Company issued 2,216,233 shares of restricted class A common stock valued at $613,762 for conversion of advances from shareholder, or $0.277 per share. During the period from April 1, 2104 through June 30, 2104, the Company issued 1,645,000 shares of restricted class A common stock for services rendered. The shares were valued at $385,050, or $0.234 per share. During the period from April 1, 2104 through June 30, 2014, the Company entered into subscription agreements with individuals and sold 490,888 shares of restricted class A common stock for $107,000 cash, or $0.218 per share. During the period from January 1, 2014 through March 31, 2014, the Company issued 1,736,540 shares of restricted class A common stock valued at $185,677 for conversion of advances from shareholder at an average of $0.107. During the period from January 1, 2014 through March 31, 2014, the Company issued 634,652 shares of restricted class A common stock for services rendered. The shares were valued at $78,500, or $0.124 per share. During the period from January 1, 2014 through March 31, 2014, the Company issued 100,000 shares of restricted class A common stock for services rendered. The shares were valued at $10,000, or $0.10 per share. During the period from January 1, 2014 through March 31, 2014, the Company entered into subscription agreement with an individual and sold 269,230 shares of restricted class A common stock for $35,000 cash, or $0.13 per share. During the period from January 1, 2014 through March 31, 2014, the Company issued 600,000 shares of restricted class A common stock for the conversion of 60,000 shares of class B common stock at the conversion rate of 10 shares of restricted class common stock for each share of class B common stock. During the period from January 1, 2014 through March 31, 2014, the Company issued 500,000 shares of restricted class A common stock for legal services rendered. The shares were valued at $75,000, or $0.15 per share. During the period from January 1, 2014 through March 31, 2014, the Company issued 160,000 shares of restricted class A common stock for services rendered. The shares were valued at $21,600, or $0.135 per share. Class B Stock At December 31, 2015, there were 15,126,938 shares of class B stock issued and outstanding. Each class B share is convertible, at the option of the shareholder, into common stock on a one for one basis. During the period from July 1, 2015 through September 30, 2015, the Company issued 9,179,340 shares of class A stock for 611,956 class B shares on terms set by the Company's predecessor, Dynalyst Manufacturing Corporation. Stock options, warrants and other rights At December 31, 2015, the Company has not adopted any employee stock option plans. On October 1, 2015, the Company issued 4,000,000 warrants for legal work. The warrants are exercisable for $.20 per share for a period of five years from the date of issue. The Company valued the warrants as of December 31, 2015 at $386,549 using the Black-Scholes Model with expected dividend rate of 0%, expected volatility rate of 189%, expected conversion term of 4.75 years and risk free interest rate of 1.75%.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2015
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 11 - RELATED PARTY TRANSACTIONS Shareholders have made advances to the Company in the amounts of $383,878 and $715,070 during the years ended December 31, 2015 and 2014, respectively. The shareholders have elected to convert advances of $314,517 and $1,527,179 to shares of class A, common stock at an average value of $0.173 and $0.228 per share and received repayments of $79,058 and $0 during the years ended December 31, 2015 and 2014, respectively. In April 2015, the Company's then Chief Executive Officer resigned and in his settlement agreement gave up claims to receive deferred compensation, which amounted to $518,300 and treated as debt forgiveness, as discussed in Note 14 below. In May 2015, the Company issued 13,125,000 shares of restricted class A common stock to its former CEO, its President and Chief Financial Officer per their employment agreements. The shares were valued at an average of $0.15 per share based on market value. In July 2015, the Company issued a total of 9,179,340 shares of restricted class A common stock to its President and Chief Financial Officer for the conversion of 611,956 shares of class B stock at the rate of fifteen shares of restricted common stock for each share of Class B stock, on terms set by the Company's predecessor, Dynalyst Manufacturing Corporation.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2015
INCOME TAXES
INCOME TAXES	NOTE 12 – INCOME TAXES At December 31, 2015 and 2014, the Company had approximately $4.9 million and $3.5 million, respectively, of net operating losses ("NOL") carry forwards for federal and state income tax purposes. These losses are available for future years and expire through 2033. Utilization of these losses may be severely or completely limited if the Company undergoes an ownership change pursuant to Internal Revenue Code Section 382. The provision for income taxes for continuing operations consists of the following components for the years ended December 31, 2015 and 2014: 2015 2014 Current $ - $ - Deferred - - Total tax provision for (benefit from) income taxes $ - $ - A comparison of the provision for income tax expense at the federal statutory rate of 34% for the years ended December 31, 2015 and 2014 the Company's effective rate is as follows: 2015 2014 Federal statutory rate (34.0 ) % (34.0 ) % State tax, net of federal benefit (0.0 ) (0.0 ) Permanent differences and other including surtax exemption 0.0 0.0 Valuation allowance 34.0 34.0 Effective tax rate 0.0 % 0.0 % The net deferred tax assets and liabilities included in the financial statements consist of the following amounts at December 31, 2015 and December 31, 2014: 2015 2014 Restated Deferred tax assets Net operating loss carry forwards $ 4,028,702 $ 4,384,475 Deferred compensation 2,409,213 1,966,523 Stock based compensation 4,898,968 1,887,431 Other 1,121,248 191,000 Total 12,458,131 8,429,429 Less valuation allowance (12,458,131 ) (8,429,429 ) Deferred tax asset - - Deferred tax liabilities Depreciation and amortization $ - $ - Net long-term deferred tax asset $ - $ - The change in the valuation allowance was $4,028,702 and $4,384,475 for the years ended December 31, 2015 and 2014, respectively. The Company has recorded a 100% valuation allowance related to the deferred tax asset for the loss from operations, interest expense, interest income and other income subsequent to the change in ownership, which amounted to $12,458,131 and $8,429,429 at December 31, 2015 and 2014, respectively. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, historical taxable income including available net operating loss carry forwards to offset taxable income, and projected future taxable income in making this assessment.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2015
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS	NOTE 13 – DISCONTINUED OPERATIONS In November 2015, the Company completed the sale (entered into on October 1, 2015) of its wholly owned subsidiary, Mamaki of Hawaii, Inc., ("Mamaki") to Hawaiian Beverages, Inc. ("HBI"). Under the agreement, HBI acquired 100% of the common stock of Mamaki in exchange for seven hundred thousand dollars ($700,000) and the assumption of eighty-four thousand two hundred seventy- five thousand dollars ($84,275) of UMED debts. HBI paid two hundred forty-five thousand five hundred dollars ($245,400) at closing towards the first installment due of two hundred fifty thousand ($250,000) and with three installments of one hundred fifty thousand dollars ($150,000) on each due thirty, sixty and ninety days from the closing date. The Company has not received any payment on the $454,600 and has determined that the collection is doubtful and wrote the receivable off at December 31, 2015 against the gain calculated on the sale. The following is a summary of the calculation of the gain from the sale of Mamaki of Hawaii, Inc.: Mamaki of Hawaii historical operations $ 2,008,794 Contract receivable from Hawaiian Beverages 700,000 UMED note payable assumed by Hawaiian Beverages 64,697 Write off Mamaki of Hawaii Intercompany receivable (777,255 ) Write off UMED investment in Mamaki of Hawaii stock (778,430 ) Write off contract receivable (454,600 ) Gain from discontinued operations for 2015 $ 763,206 The following statements of the discontinued operations (Mamaki of Hawaii, Inc.) for the nine months ended September 30, 2015 (date Hawaiian Beverages took over the operations of Mamaki) and year ended December 31, 2014: 2015 2014 Sales $ 47,275 $ 24,581 Cost of sales 8,407 54,696 Gross profit 38,868 (30,115 ) Operating Expenses: General and administrative expenses 395,824 415,009 Depreciation 89,218 118,954 Total Operating Expenses 485,042 533,963 Operating Loss (446,174 ) (564,078 ) Other Income (Expense) Interest expense (115,238 ) (150,756 ) Loss from discontinued operations $ (561,412 ) $ (714,834 ) Loss per share – discontinued operations $ (0.00 ) $ (0.00 ) Assets and liabilities retained relating to discontinued operations (Mamaki of Hawaii, Inc.) consisted of the following at December 31, 2014; 12/31/2014 Current assets relating to discontinued operations: Cash $ 5,153 Accounts receivable 780 Prepaid expenses and deposits 32,700 Property, plant and equipment, net 1,719,009 Total assets related to discontinued operations $ 1,757,643 Current liabilities relating to discontinued operations: Bank overdrafts $ 4,896 Notes payable 1,245,211 Accounts payable 35,582 Accrued interest payable 36,450 Accrued expenses 538,380 Total liabilities related to discontinued operations $ 1,860,518

COMMITMENTS

COMMITMENTS	12 Months Ended
	Dec. 31, 2015
COMMITMENTS
COMMITMENTS	NOTE 14 – COMMITMENTS Employment Agreements In May 2011, the Company entered into employment agreements with its chief executive officer, president and chief financial officer. The Agreements are for a term of 5 years with compensation of $180,000 the first year, $240,000 the second year, $300,000 the third year, $350,000 the four2th year and the fifth year at a salary commensurate with those in similar industries. The employment agreements also provide for the officers to receive 1,250,000 shares of restricted common stock annually for each year of the employment agreement. During the years ended December 31, 2015 and 2014, with consent of management, the Company accrued a total of $405,000 and $360,000, respectively, as management fees in accordance with the terms of these agreements. On April 8, 2015, the Company's chief executive officer resigned and relinquished his claim to receive $518,300 of deferred compensation, which the Company treated as debt forgiveness. In August 2012, the Company entered into employment agreements with the president and chairman of the board of Greenway Innovative Energy, Inc. for a term of 5 years with compensation of $90,000 per year. In June of 2014, the president's employment agreement was amended to increase his annual pay to $180,000. On March 31, 2015, accrual on the Greenway chairman of the board agreement was ceased due to his absence from the company for more than a year. During the years ended December 31, 2015 and 2014, respectively, the Company accrued $191,250 and $168,700 towards the employment agreements. Leases In July 2015, the Company reduced its office lease space from 3,500 to 1,800 square feet on a month-to-month basis at $3,200 per month. In October 2015, the Company signed a new two-year lease for new office space of approximately 1,800 square feet at the rate of $2,417 for the first twelve months and $2,495 for the second twelve months. During the years ended December 31, 2015 and 2014, the Company expensed $55,836 and $76,800, respectively, in rent expense. The Company is obligated to pay approximately $11,800 in annual maintenance fees on its mining leases, in addition to 10% royalties based on production. Legal From time to time, the Company may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. The Company currently is not aware of any such legal proceedings that we believe will have, individually or in the aggregate, a material adverse effect on its business, financial condition or operating results.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 15-SUBSEQUESNT EVENTS During the period form January 1, 2015 through March 24, 2015, the Company issued 3,500,002 shares of restricted class A common stock to four individuals for $245,000 cash. During the period form January 1, 2015 through March 24, 2015, the Company issued 400,000 shares of restricted class A common stock services rendered. The shares were valued at $36,000, or $0.09 per share. During the period form January 1, 2015 through March 24, 2015, the Company issued 664,285 shares of restricted class A common stock for conversion of $53,145 of advances from shareholder.

ACCOUNTING POLICIES. (POLICIES)

ACCOUNTING POLICIES. (POLICIES)	12 Months Ended
	Dec. 31, 2015
Accounting Policies:
Nature Of Operations	Nature of Operations UMED Holdings, Inc. ("UMED" or the "Company") was organized on March 13, 2002 under the laws of the State of Texas as Dynalyst Manufacturing Corporation. On August 18, 2009, in connection with a merger with Universal Media Corporation, a privately held Nevada company, the Company changed its name to Universal Media Corporation ("UMC"). The company changed its name to UMED Holdings, Inc. on March 23, 2011. UMED's mission is to operate as a holding company through the acquisition of 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 and metals. It is the Company's intention to add experienced personnel and select strategic partners to manage and operate the acquired business units. In September 2010, UMED has acquired 1,440 acres of placer mining claims on Bureau of Land Management land in Mohave County, Arizona. See discussion in Note 4. Due the Company not producing any revenues from its BLM mining leases since its acquisition of the leases, achieving a position of producing cash flow levels to fund the development of its BLM mining leases in December of 2010 and not having current resources for an appraisal, we recognized an impairment charge of $100,000 during the year ended December 31, 2014. In October 2011, UMED has acquired a 49% interest in Jet Regulators, LP, an aircraft maintenance company located at Meacham Field in Fort Worth, Texas. See discussion in Notes 5 and 7. Due to reduced growth expectations and the Company not receiving any revenues from its ownership in Jet Tech described in Note 7, we recognized an impairment charge of $90,000 during the year ended December 31, 2014. In May 2012, the Company acquired 80% of Mamaki Tea & Extract of Hawaii, Inc. (nka Mamaki of Hawaii, Inc.) which owns and operates Wood Valley Plantation a 25 acre Mamaki Tea plantation located in the Kau district of the Island of Hawaii and lies at the foot of Mauna Loa, the Earth's largest volcano. On December 31, 2012, the Company acquired the remaining 20% for 500,000 shares of restricted common stock and $127,800 of cash. Mamaki of Hawaii, Inc. was sold in October 2015 as discussed further in Notes 2, 3, 4, 5 and 13. In August 2012, the Company acquired 100% of Greenway Innovative Energy, Inc., which owns patents and proprietary technology that is capable of converting natural gas to diesel and jet fuels.
Property and Equipment	Property & Equipment Property and equipment is recorded at cost. Major additions and improvements are capitalized. The cost and related accumulated depreciation of equipment retired or sold are removed from the accounts and any differences between the undepreciated amount and the proceeds from the sale are recorded as a gain or loss on sale of equipment. Depreciation is computed using the straight-line method over the estimated useful life of the assets as follows. Equipment 5 to 7 years
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company assesses the impairment of long-lived assets whenever events or changes in circumstances indicate that the carrying amount may not be recoverable, in accordance with ASC Topic 360, "Property, Plant and Equipment." An asset or asset group is considered impaired if its carrying amount exceeds the undiscounted future net cash flow the asset or asset group is expected to generate. If an asset or asset group is considered impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds its fair value. If estimated fair value is less than the book value, the asset is written down to the estimated fair value and an impairment loss is recognized. Due the Company not producing any revenues from its BLM mining leases since its acquisition of the leases, achieving a position of producing cash flow levels to fund the development of its BLM mining leases in December of 2010 and not having current resources for an appraisal, we recognized an impairment charge of $100,000 during the year ended December 31, 2014. The Company will continue to pay the annual renewal fees of $11,160 based on obtaining encouraging results from samples on surface material. Due to reduced growth expectations and the Company not receiving any revenues from its ownership in Jet Tech described in Note 7, we recognized an impairment charge of $90,000 during the year ended December 31, 2014.
Discontinued Operations	Discontinued Operations On November 2, 2015, the Company consummated the sale of its wholly owned subsidiary, Mamaki of Hawaii, Inc. ("Mamaki") to Hawaiian Beverages, Inc. ("HBI"). Under the agreement, HBI acquired 100% of the common stock of Mamaki in exchange for seven hundred thousand dollars ($700,000) and the assumption of eighty-four thousand two hundred seventy-five thousand dollars ($84,275) of UMED debts. HBI has paid so far two hundred forty-five thousand five hundred dollars ($245,400) of the two hundred fifty thousand dollars ($250,000) due at closing and pay three installments of one hundred fifty thousand dollars ($150,000) on each of thirty, sixty and ninety-day from the closing date. The Company has not received any payment on the $454,600 and has determined that the account is doubtful and wrote it off, as of December 31, 2015, as a deduction from the gain calculated on the sale. The results of Mamaki are presented as a separate line item in the consolidated statements of operations and the consolidated balance sheets entitled "Assets/Liabilities sold relating to discontinued operations" and "Assets/Liabilities related to discontinued operations". In accordance with EITF 87-24, "Allocation of Interest to Discontinued Operations", the Company elected to not allocate consolidated interest expense to discontinued operations where the debt is not directly attributable to or related to discontinued operations. All of the financial information in the consolidated financial statements and notes to the consolidated financial statements has been revised to reflect only the results of continued operations. (See Note 13).
Revenue Recognition	Revenue Recognition The Company has not, to date, generated significant revenues. The Company plans to recognize revenue in accordance with Accounting Standards Codification subtopic 605-10, Revenue Recognition ("ASC 605-10") which requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management's judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. ASC 605-10 incorporates Accounting Standards Codification subtopic 605-25, Multiple-Element Arraignments
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenue and expenses during the reported period. Actual results could differ materially from the estimates.
Cash and Cash Equivalent	Cash and Cash Equivalent The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. There were no cash equivalents at December 31, 2015 and 2014, respectively.
Segment Information, Policy	Segment Information Segment Reporting management approach
Mine Exploration and Development Costs	Mine Exploration and Development Costs The Company plans to account for mine exploration costs in accordance with Accounting Standards Codification 932, Extractive Activities.
Mine Properties	Mine Properties The Company will account for mine properties in accordance with Accounting Standard Codification 930, Extractive Activities-Mining.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, "Income Taxes," which requires that the Company recognize deferred tax liabilities and assets based on the differences between the financial statement carrying amounts and the tax bases of assets and liabilities, using enacted tax rates in effect in the years the differences are expected to reverse. Deferred income tax benefit (expense) results from the change in net deferred tax assets or deferred tax liabilities. A valuation allowance is recorded when it is more likely than not that some or all deferred tax assets will not be realized. The Company has adopted the provisions of FASB ASC 740-10-05 Accounting for Uncertainty in Income Taxes
Net Loss Per Share, basic and diluted	Net Loss Per Share, basic and diluted Basic loss per share has been computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period. Shares issuable upon the exercise of warrants (5,112,953) have been excluded as a common stock equivalent in the diluted loss per share because their effect is anti-dilutive.
Derivative Instruments	Derivative Instruments The Company accounts for derivative instruments in accordance with Accounting Standards Codification 815, Derivatives and Hedging ("ASC 815"), If certain conditions are met, a derivative may be specifically designated as a hedge, the objective of which is to match the timing of gain or loss recognition on the hedging derivative with the recognition of (i) the changes in the fair value of the hedged asset or liability that are attributable to the hedged risk or (ii) the earnings effect of the hedged forecasted transaction. For a derivative not designated as a hedging instrument, the gain or loss is recognized in income in the period of change. See Note 8 below for discussion regarding a warrant agreement related to a convertible note, which was repaid on July 22, 2015.
Original Issue Discount	Original Issue Discount For certain convertible debt issued, the Company provides the debt holder with an original issue discount ("OID"). An OID is the difference between the original cash proceeds and the amount of the note upon maturity. The Note is originally recorded for the proceeds received. The OID is amortized into interest expense pro-rata over the term of the Note.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company's financial instruments, as defined by Accounting Standard Codification subtopic 825-10, Financial Instrument FASB ASC 820 defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles, and expands disclosures about fair value measurements. ASC 820 establishes a three-tier fair value hierarchy which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which requires the reporting entity to develop its own assumptions The Company's derivative was valued at level 3.
Stock Based Compensation	Stock Based Compensation The Company follows Accounting Standards Codification subtopic 718-10, Compensation At December 31, 2015, the Company did not have any issued or outstanding stock options.
Concentration and Credit Risk	Concentration and Credit Risk Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash. The Company places its cash with high credit quality institutions. At times, such deposits may be in excess of the FDIC insurance limit.
Research and Development	Research and Development The Company accounts for research and development costs in accordance with Accounting Standards Codification subtopic 730-10, Research and Development
Issuance of Common Stock	Issuance of Common Stock The issuance of common stock for other than cash is recorded by the Company at market values.
Impact of New Accounting Standards	Impact of New Accounting Standards Management does not believe that any other recently issued, but not yet effective accounting pronouncements, if adopted, would have a material effect on the accompanying consolidated financial statements.

Basis of Presentation (TABLES)

Basis of Presentation (TABLES)	12 Months Ended
	Dec. 31, 2015
Basis of Presentation (TABLES):
Basis of Presentation (TABLES)	The accompanying consolidated financial statements include the accounts of the following entities: Name of Entity % Entity Incorporation Relationship UMED Holdings, Inc. Corporation Texas Parent Mamaki of Hawaii, Inc.* 100 % Corporation Nevada Subsidiary Universal Media Corporation 100 % Corporation Wyoming Subsidiary Greenway Innovative Energy, Inc. 100 % Corporation Nevada Subsidiary Logistix Technology Systems, Inc. 100 % Corporation Texas Subsidiary * Sold in October 2015

RESTATEMENT (TABLES)

RESTATEMENT (TABLES)	12 Months Ended
	Dec. 31, 2015
RESTATEMENT {2}
Schedule of restatement of Balance Sheet Accounts	Balance Sheet Accounts As Previously Stated Reclassify Mamaki Correction of Derivative and Stock Valuations As Restated Cash $ 82.400 $ (4,896 ) $ 77,504 Accounts receivable 780 (780 ) 0 Prepaid expenses 32,700 (32,700 ) 0 Land 150,000 (150,000 ) 0 Buildings 871,842 (871,842 ) 0 Equipment 1,084,755 (996,052 ) 88,703 Accumulated depreciation (312,946 ) 298,885 (14,061 Mine Properties 100,000 (100,000 ) 0 Investments 90,000 (90,000 ) 0 Debt issue costs 55,427 (55,427 ) 0 Assets related to discontinued operations 0 1,757,643 1,757,643 Total $ 2,155,214 $ 0 $ (233,302 ) $ 1,909,789 Accounts payable $ 70,568 $ (35,582 ) $ 34,986 Advances from shareholders 181,272 181,272 Accrued expenses 733,316 (579,725 ) 153,591 Convertible note payable, net 136,801 (89,601 ) 47,200 Derivative liability 0 239,789 239,789 Term notes 1,245,211 (1,245,211 ) 0 Liabilities related to discontinued operations 0 1,860,518 1,860,518 Total $ 4,189,845 $ 0 $ 150,189 $ 4,340,034 Class B common $ 1,574 $ 0 $ 0 $ 1,574 Class A common 14,557 0 0 14,557 Additional paid-in-capital 4,679,538 0 1,303,515 5,983,53 Accumulated deficit (6,730,300 ) 0 (1,699,129 ) (8,429,429 Total $ 2,034,631 ) $ 0 $ (383,489 ) (2,418,120
Schedule of Restatement of Operations	Statement of Operations As Previously Stated Mamaki Reclassification Correction of Derivative and Stock Valuations As Restated Sales $ 24,581 $ (24,581 ) 0 $ 0 Cost of sales 54,696 (54,696 ) 0 0 Gross profit (30,115 ) (30,115 ) 0 0 Expenses General and administrative 2,092,746 (415,009 ) 563,339 2,241,076 Research and development 218,000 0 0 218,000 Depreciation 119,350 (118,954 ) 0 396 2,430,096 (533,963 ) 563,339 2,459,472 Operating loss Other expenses (2,460,211 ) (564,078 ) (563,339 ) (2,459,472 ) Impairment on investments 0 0 (190,000 ) (190,000 ) Loss on derivative 0 0 (91,395 ) (91,395 ) Interest expense (225,135 ) (150,756 ) (842,270 ) (928,774 ) Operating loss from continuing operations (2,685,346 ) (714,834 ) (1,687,004 ) (3,669,641 ) Loss from discontinued operations 0 (714,834 ) 0 (714,834 ) Loss before income taxes (2,685,346 ) 0 (1,687,004 ) (4,384,475 ) Provision for income taxes 0 0 0 0 Net loss $ (2,685,346 ) $ (714,834 ) (1,687,004 ) $ (4,384,475 ) Basic loss per share Operating loss $ (0.03 ) Loss from discontinued operations $ (0.00 )
Schedule of restatement of Cash Flows Accounts	Statement of Cash Flows Accounts As Previously Stated Mamaki Reclassification Correction of Derivative and Stock Valuations As Restated Net loss from operations $ (2,685,346 ) $ (714,834 ) $ (269,461 ) $ (3,669,641 ) Depreciation 119,350 (118,955 ) 0 395 Interest and amortization of debt discounts 0 64,836 64,836 Stock issued for services 738,842 0 563,409 1,302,251 Impairment provisions 0 0 190,000 19,000 Warrants 89,568 0 (89,568 ) 0 Debt issue costs amortized 0 0 12,125 12,125 Accounts receivable 900 (900 ) 0 0 Prepaid expenses 21,149 (21,149 ) 0 0 Accounts payable (9,287 ) (10,532 ) 0 (19,819 ) Accrued management fees 493,851 0 0 493,851 Derivative liability 0 0 239,789 239,789 Accrued expenses 262,332 (240,240 ) 22,092 Net Cash Provided by Operations (968,641 ) 323,056 1,081,812 (1,455,517 ) Advances and conversions from shareholders 729,029 0 798,151 1,582,049 Proceeds from convertible note 136,801 0 (89,601 ) 47,200 Decrease in notes payable (120,393 ) 90,393 0 (30,000 ) Proceeds from sale of common stock 336,500 0 0 336,500 Net Cash Provided by Financing 1,049,855 90,393 157,859 1,935,749 Cash used in discontinued operations (402,823 ) (402,823 ) Net Increase in Cash $ 81,214 $ (3,805 ) $ 77,409

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (TABLES)	12 Months Ended
	Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT (TABLES):
PROPERTY, PLANT AND EQUIPMENT (TABLES)	Property, plant and equipment, their estimated useful lives, and related accumulated depreciation at December 31, 2015 and 2014, respectively, are summarized as follows: Range of Lives in Years 2015 2014 Equipment 5 2,032 13,220 Logistix software 5 0 73,500 Furniture and fixtures 5 1,983 1,983 4,015 88,703 Less accumulate depreciation (3,271 ) (14,061 ) $ 744 74,642 Depreciation expense for the year ended $ 396 $ 297

INVESTMENTS (TABLES)

INVESTMENTS (TABLES)	12 Months Ended
	Dec. 31, 2015
INVESTMENTS (TABLES):
INVESTMENTS (TABLES)	Investments consisted of the following at December 31, 2015 and 2014; 2015 2014 Restated Jet Tech LLC In October 2011, the Company acquired a 49% interest in JetTech LLC which is an aerospace maintenance operation located at Meacham Airport in Fort Worth, Texas -The Company has impaired the investment at December 31, 2015 and 2014, respectively, $ 0 $ 0 TOTAL INVESTMENTS $ 0 $ 0

CONVERTIBLE PROMISSORY NOTE (TA

CONVERTIBLE PROMISSORY NOTE (TABLES)	12 Months Ended
	Dec. 31, 2015
CONVERTIBLE PROMISSORY NOTE (TABLES):
CONVERTIBLE PROMISSORY NOTE (TABLES)	In connection with the issuance of the $158,000 note discussed above, the Company recorded debt issue cost and discount as follows: 10.4% cash – which is equivalent to $16,500, and Warrants – having a fair value of $107,212 and recorded on the balance sheet at $60,164 and $239,789 as of December 31, 2015 and 2014, respectively, which was computed as follows; Commitment Date Expected dividends 0% Expected volatility 189% Expected term: conversion feature 3.75years Risk free interest rate 1.75%

ACCRUED EXPENSES (TABLES)

ACCRUED EXPENSES (TABLES)	12 Months Ended
	Dec. 31, 2015
ACCRUED EXPENSES (TABLES):
ACCRUED EXPENSES (TABLES)	Accrued expenses consisted of the following at December 31, 2015 and 2014; 2015 2014 Restated Accrued consulting fees $ 229,000 $ 144,500 Bank overdraft 763 0 Accrued interest expense 0 9,091 Total accrued expenses $ 229,763 $ 153,591

INCOME TAXES (TABLES)

INCOME TAXES (TABLES)	12 Months Ended
	Dec. 31, 2015
INCOME TAXES (TABLES):
The provision for income taxes	The provision for income taxes for continuing operations consists of the following components for the years ended December 31, 2015 and 2014: 2015 2014 Current $ - $ - Deferred - - Total tax provision for (benefit from) income taxes $ - $ -
A comparison of the provision for income tax expense at the federal statutory rate	A comparison of the provision for income tax expense at the federal statutory rate of 34% for the years ended December 31, 2015 and 2014 the Company's effective rate is as follows: 2015 2014 Federal statutory rate (34.0 ) % (34.0 ) % State tax, net of federal benefit (0.0 ) (0.0 ) Permanent differences and other including surtax exemption 0.0 0.0 Valuation allowance 34.0 34.0 Effective tax rate 0.0 % 0.0 %
The net deferred tax assets and liabilities	The net deferred tax assets and liabilities included in the financial statements consist of the following amounts at December 31, 2015 and December 31, 2014: 2015 2014 Restated Deferred tax assets Net operating loss carry forwards $ 4,028,702 $ 4,384,475 Deferred compensation 2,409,213 1,966,523 Stock based compensation 4,898,968 1,887,431 Other 1,121,248 191,000 Total 12,458,131 8,429,429 Less valuation allowance (12,458,131 ) (8,429,429 ) Deferred tax asset - - Deferred tax liabilities Depreciation and amortization $ - $ - Net long-term deferred tax asset $ - $ -

DISCONTINUED OPERATIONS (TABLES

DISCONTINUED OPERATIONS (TABLES)	12 Months Ended
	Dec. 31, 2015
DISCONTINUED OPERATIONS (TABLES):
Summary of the calculation of the gain from the sale of Mamaki of Hawaii	The following is a summary of the calculation of the gain from the sale of Mamaki of Hawaii, Inc.: Mamaki of Hawaii historical operations $ 2,008,794 Contract receivable from Hawaiian Beverages 700,000 UMED note payable assumed by Hawaiian Beverages 64,697 Write off Mamaki of Hawaii Intercompany receivable (777,255 ) Write off UMED investment in Mamaki of Hawaii stock (778,430 ) Write off contract receivable (454,600 ) Gain from discontinued operations for 2015 $ 763,206
Condensed statements of the discontinued operations	The following statements of the discontinued operations (Mamaki of Hawaii, Inc.) for the nine months ended September 30, 2015 (date Hawaiian Beverages took over the operations of Mamaki) and year ended December 31, 2014: 2015 2014 Sales $ 47,275 $ 24,581 Cost of sales 8,407 54,696 Gross profit 38,868 (30,115 ) Operating Expenses: General and administrative expenses 395,824 415,009 Depreciation 89,218 118,954 Total Operating Expenses 485,042 533,963 Operating Loss (446,174 ) (564,078 ) Other Income (Expense) Interest expense (115,238 ) (150,756 ) Loss from discontinued operations $ (561,412 ) $ (714,834 ) Loss per share – discontinued operations $ (0.00 ) $ (0.00 )
Assets and liabilities retained relating to discontinued operations	Assets and liabilities retained relating to discontinued operations (Mamaki of Hawaii, Inc.) consisted of the following at December 31, 2014; 12/31/2014 Current assets relating to discontinued operations: Cash $ 5,153 Accounts receivable 780 Prepaid expenses and deposits 32,700 Property, plant and equipment, net 1,719,009 Total assets related to discontinued operations $ 1,757,643 Current liabilities relating to discontinued operations: Bank overdrafts $ 4,896 Notes payable 1,245,211 Accounts payable 35,582 Accrued interest payable 36,450 Accrued expenses 538,380 Total liabilities related to discontinued operations $ 1,860,518

Nature of Operations Textuals (

Nature of Operations Textuals (Details) - USD ($)	Dec. 31, 2015	Aug. 31, 2012	May. 31, 2012	Oct. 31, 2011	Sep. 30, 2010
Nature of Operations textuals
UMED has acquired acres of placer mining claims on Bureau of Land Management land in Mohave County, Arizona.					$ 1,440
UMED acquired a % of interest in Jet Regulators, LP, an aircraft maintenance company located at Meacham Field in Fort Worth, Texas.				49.00%
Percentage of Shares acquired of Mamaki Tea & Extract of Hawaii, Inc. (nka Mamaki of Hawaii, Inc.)			80.00%
Company acquired % of Greenway Innovative Energy, Inc.,		100.00%
Company acquired the remaining 20% shares of restricted common stock of Rig Support Group, Inc., (nka Logistix Technology Systems, Inc.	$ 500,000
Cash paid for acquisition of Mamaki Tea & Extract of Hawaii, Inc.	$ 127,800

Basis of presentation (Details)

Basis of presentation (Details)	Dec. 31, 2015
Name of the Entity
UMED Holdings, Inc.	100.00%
Mamaki of Hawaii, Inc.	100.00%
Universal Media Corporation	100.00%
Greenway Innovative Energy, Inc.	100.00%
Logistix Technology Systems, Inc.	100.00%

Going Concern Uncertainties (De

Going Concern Uncertainties (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Going Concern Uncertainties
Companied sustained loss amounted	$ 4,000,000
Company incurred deficit of	$ 12,500,000
Incurred a net loss		$ 1,699,129

Property and Equipment-Estimate

Property and Equipment-Estimated life (Details)	Dec. 31, 2015
Property and Equipment-Estimated life in years
Equipment estimated life minimum	5
Equipment estimated life maximum	7

Discontinued Operations (Detail

Discontinued Operations (Details)	Nov. 02, 2015USD ($)
Discontinued Operations {1}
HBI acquired common stock of Mamaki in percentage	100.00%
HBI acquired common stock of Mamaki	$ 700,000
UMED debts	84,275
HBI was to pay	250,000
HBI was to pay in three installments	150,000
Company has not received any payment	$ 454,600

Mine Properties (Details)

Mine Properties (Details)	Dec. 31, 2015	Dec. 31, 2010USD ($)shares
Mine Properties {1}
Mining claims in acres	1,440
Mining claims acquired in exchange for shares of common stock | shares		5,066,000
Nominal value of common stock | $		$ 100,000

Net Loss Per Share, basic and d

Net Loss Per Share, basic and diluted (Details)	Dec. 31, 2015shares
Net Loss Per Share, basic and diluted-Details
Exercise of warrants has been excluded as a common stock equivalent in the diluted loss per share	(5,112,953)

Research and Development (Detai

Research and Development (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Research and Development Details
Company incurred research and development expenses	$ 766,726	$ 218,000

CONTRACT RECEIVABLE (Details)

CONTRACT RECEIVABLE (Details) - USD ($)	Dec. 31, 2015	Nov. 30, 2015
CONTRACT RECEIVABLE Details
HBI acquired common stock of Mamaki in percentage		100.00%
HBI acquired common stock of Mamaki		$ 700,000
UMED debts		84,275
HBI was to pay		250,000
HBI paid at closing towards the first installment		(245,400)
HBI resulting in a receivable		$ 454,600
Company has not received any payment	$ 454,600

Property, Plant and Equipment v

Property, Plant and Equipment values (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment values
Equipment with Range of Lives in 5 Years	$ 2,032	$ 13,220
Logistix software with Range of Lives in 5 Years	0	73,500
Furniture and fixtures with Range of Lives in 5 Years	1,983	1,983
Total value of the assets	4,015	88,703
Less accumulate depreciation	(3,271)	(14,061)
Net value of assets,	744	74,642
Depreciation expense for the year ended	$ 396	$ 297

Depreciated Assets (Details)

Depreciated Assets (Details)	12 Months Ended
	Dec. 31, 2015USD ($)
Depreciated Assets
Company wrote-off depreciated assets	$ 11,188

Investments consisted of the fo

Investments consisted of the following (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Investments consisted of the following
Investments made in JetTech LLC	$ 0	$ 0
Total Investments	$ 0	$ 0

Investments Parentheticals (Det

Investments Parentheticals (Details)	Dec. 31, 2015
Investments Parentheticals
Company acquired interest in JetTech LLC an aerospace maintenance operation	49.00%

Convertible promissory note iss

Convertible promissory note issues (Details) - USD ($)	Dec. 31, 2015	Sep. 18, 2014
Convertible promissory note issues
Company issued a convertible promissory note to an accredited investor		$ 158,000
Convertible promissory note bears interest at a rate per annum		10.00%
Monthly instalments payable on note		$ 31,600
Note converted into common stock at conversion price equal to average of 3 lowest volume weighted average trading prices during 20 day		70.00%
The discount related to the beneficial conversion feature on the note valued at an amount based on intrinsic value		$ 158,000
Discount related to beneficial conversion feature is amortized over the term of (10 months)		$ 78,463
Warrants - having a fair value of	$ 107,212
Debt discount of warrants	79,537
Net debt issue costs	144,000
Original issue discount costs	$ 158,000
Expected dividends	0.00%
Expected volatility	189.00%
Expected term: conversion feature(years)	3.75
Risk free interest rate	1.75%

Convertible promissory note deb

Convertible promissory note debt issue costs as follows (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Convertible promissory note debt issue costs as follows
Convertible promissory note debt issue costs paid in cash equal to a percentage	10.40%
Convertible promissory note debt issue costs paid in cash	$ 16,500
Amortization of debt issue costs for the period	55,427
Company recorded original issue discounts for the year	158,000
Disbursement of note to the company	144,000
Company amortized original issue discount related to the convertible note	14,000
Original issue discount was amortized	5,900	$ 8,100
Company recognized interest expense	$ 51,001

Accrued expenses consisted of t

Accrued expenses consisted of the following (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Accrued expenses consisted of the following
Accrued consulting fees	$ 229,000	$ 144,500
Bank overdraft	763	0
Accrued interest expense	0	9,091
Total accrued expenses	$ 229,763	$ 153,591

Class A Common Stock transactio

Class A Common Stock transactions (Details) - USD ($)	3 Months Ended							12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015
Class A Common Stock transactions
Authorized shares of class A common stock								300,000,000
Par value per share of class A common stock								$ 0.0001
Shares of class A common stock issued and outstanding.								183,882,132
Company issued shares of restricted class A common stock to eighteen individuals through private placements	5,921,992	4,150,732	842,377
Value of shares of restricted class A common stock issued to eighteen individuals through private placements	$ 450,910	$ 508,500	$ 122,950
Per share value of restricted class A common stock issued to eighteen individuals through private placements	$ 0.076	$ 0.1225	$ 0.146
Company issued shares of class A stock for class B shares	9,179,340						600,000
Number of Class B shares changed	611,956						60,000
Company issued shares of restricted class A common stock for consulting services	1,600,000	200,000		225,000	3,770,182	1,645,000	634,652
Value of shares of restricted class A common stock issued for consulting services	$ 2,445,000	$ 34,000		$ 48,375	$ 583,727	$ 385,050	$ 78,500
Per share value of shares of restricted class A common stock issued for consulting services	$ 0.153	$ 0.17		$ 0.215	$ 0.18	$ 0.234	$ 0.124
Company issued shares of restricted class A common stock for legal and management services	1,235,110						500,000
Value of shares of restricted class A common stock issued for legal and management services	$ 140,713						$ 75,000
Per share value of shares of restricted class A common stock issued for legal and management services	$ 0.114						$ 0.15
Company issued shares of restricted class A common stock for conversion of advances from shareholders		1,726,080	91,666	1,633,142	1,118,000	2,216,233	1,736,540
Value of shares of restricted class A common stock issued for conversion of advances from shareholders		$ 293,434	$ 21,083	$ 351,126	$ 335,400	$ 613,762	$ 185,677
Per share value of shares of restricted class A common stock issued for conversion of advances from shareholders		$ 0.17	$ 0.23	$ 0.215	$ 0.30	$ 0.277	$ 0.107
Company issued a total of shares of restricted class A common stock to its former CEO, its President and Chief Financial Officer per their employment agreements		13,125,000
Per share value of shares of restricted class A common stock issued to its former CEO, its President and Chief Financial Officer per their employment agreements		$ 0.15
Company issued shares of restricted class A common stock to its former CEO as set out in his separation agreement		250,000
Per share value of shares of restricted class A common stock issued to its former CEO as set out in his separation agreement		$ 0.138
Company issued shares of restricted class A common stock to six investors for cash consideration				1,000,000
Value of shares of restricted class A common stock issued to six investors for cash consideration				$ 127,500
Company sold shares of restricted class A common stock for subscription agreements					550,000	490,888	269,230
Value of shares of restricted class A common stock issued for subscription agreements					$ 67,000	$ 107,000	$ 35,000
Per share value of shares of restricted class A common stock issued for subscription agreements					$ 0.122	$ 0.218	$ 0.13

Class B Stock (Details)

Class B Stock (Details)	Dec. 31, 2015shares
Class B Stock
Shares of class B stock issued and outstanding	15,126,938
Company issued shares of class A stock for class B shares on terms set by the Company's predecessor, Dynalyst Manufacturing Corporation.	9,179,340
Class B shares exchanged as per the terms	611,956

Stock options, warrants and oth

Stock options, warrants and other rights (Details)	Dec. 31, 2015	Oct. 01, 2015shares
Stock options, warrants and other rights
Company issued warrants for legal work		4,000,000
The warrants are exercisable per share for a period of five years from the date of issue		0.20
Black-Scholes Model Assumptions
Expected dividend rate	0.00%
Expected volatility rate	189.00%
Expected conversion term of years	4.75
Risk free interest rate	1.75%

Related Party (Details)

Related Party (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party
Shareholders made advances	$ 383,878	$ 715,070
Shareholders converted advances into common stock at market value	$ 314,517	$ 1,527,179
Shareholders converted advances into common stock at market value per share	$ 0.173	$ 0.228
Received repayments	$ 79,058	$ 0

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	Jul. 31, 2015	May. 31, 2015	Apr. 30, 2015
Related Party Transactions
Deferred compensation amount			$ 518,300
Company issued shares of restricted common stock to its former CEO, its President and CFO	9,179,340	13,125,000
Company issued shares of restricted common stock to its former CEO, its President and CFO par value		$ 0.12
Company issued shares of restricted common stock to its former CEO, its President and CFO for conversion shares of preferred stock rate of fifteen shares	611,956

The provision for income taxes

The provision for income taxes for continuing operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
The provision for income taxes for continuing operations
Current	$ 0	$ 0
Deferred	0	0
Total tax provision for (benefit from) income taxes	$ 0	$ 0

Comparison of Provision for inc

Comparison of Provision for income tax expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Comparison of Provision for income tax expense
Federal statutory rate	(34.00%)	(34.00%)
State tax, net of federal benefit	0	0
Permanent differences and other including surtax exemption	0	0
Valuation allowance	$ 34	$ 34
Effective tax rate	0.00%	0.00%

The net deferred tax assets and

The net deferred tax assets and liabilities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets
Net operating loss carry forwards	$ 4,028,702	$ 4,384,475
Deferred compensation	2,409,213	1,966,523
Stock based compensation	4,898,968	1,887,431
Other	1,121,248	191,000
Total	12,458,131	8,429,429
Less valuation allowance	(12,458,131)	$ (8,429,429)
Deferred tax asset	0
Deferred tax liabilities
Depreciation and amortization	0
Net long-term deferred tax asset	$ 0

Valuation Allowance and Net Ope

Valuation Allowance and Net Operating Losses Carry Forward (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Valuation Allowance and Net Operating Losses Carry Forward
Change in the valuation allowance	$ 4,028,702	$ 4,384,475
Company has recorded a 100% valuation allowance related to the deferred tax asset for the loss from operations amount	12,458,131	8,429,429
Net operating losses carry forward for federal and state income tax purposes	$ 4,900,000	$ 3,500,000

Discontinued Operations Textual

Discontinued Operations Textual(Details)	Nov. 02, 2015USD ($)
Discontinued Operations Textual
HBI acquired common stock of Mamaki in percentage	100.00%
HBI acquired common stock of Mamaki	$ 700,000
UMED debts	84,275
HBI paid towards the first installment	245,500
HBI was due	250,000
HBI was to pay in three installments	$ 150,000

Calculation of the gain from th

Calculation of the gain from the sale of Mamaki (Details)	Dec. 31, 2015USD ($)
Calculation of the gain from the sale of Mamaki Details
Mamaki of Hawaii historical operations	$ 2,008,794
Contract receivable from Hawaiian Beverages	700,000
UMED note payable assumed by Hawaiian Beverages	64,697
Write off Mamaki of Hawaii Intercompany receivable	(777,255)
Write off UMED investment in Mamaki of Hawaii stock	(778,430)
Write off contract receivable	(454,600)
Gain from discontinued operations for 2015	$ 763,206

Condensed Statements Of Discont

Condensed Statements Of Discontinued Operations (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Condensed Statements Of Discontinued Operations
Discontinued Operations Sales	$ 47,275	$ 24,581
Discontinued Operations Cost of sales	8,407	54,696
Discontinued Operations Gross profit	38,868	(30,115)
Discontinued Operations Operating Expenses:
Discontinued Operations General and administrative expenses	395,824	415,009
Discontinued Operations Depreciation	89,218	118,954
Discontinued Operations Total Operating Expenses	485,042	533,963
Discontinued Operations Operating Loss	(446,174)	(564,078)
Discontinued Operations Other Income (Expense)
Discontinued Operations Interest expense	(115,238)	(150,756)
Loss from discontinued operations.	$ (561,412)	$ (714,834)
Discontinued Operations Loss per share	$ 0	$ 0

Assets And Liabilities Relating

Assets And Liabilities Relating To Discontinued Operations (Details)	Dec. 31, 2015USD ($)
Current assets relating to discontinued operations:
Discontinued Operations Cash	$ 5,153
Discontinued Operations Accounts receivable	780
Discontinued Operations Prepaid expenses and deposits	32,700
Discontinued Operations Property, plant and equipment, net	1,719,009
Discontinued Operations Total assets related to discontinued operations	1,757,643
Current liabilities relating to discontinued operations:
Discontinued Operations Bank overdrafts	4,896
Discontinued Operations Notes payable	1,245,211
Discontinued Operations Accounts payable	35,582
Discontinued Operations Accrued interest payable	36,450
Discontinued Operations Accrued expenses	538,380
Total liabilities related to discontinued operations	$ 1,860,518

Commitments Consists of the fol

Commitments Consists of the following (Details) - USD ($)	Apr. 08, 2015	May. 31, 2011
Commitments Consists of the following
Compensation payable during the first year		$ 180,000
Compensation payable during the second year		240,000
Compensation payable during the third year		300,000
Compensation payable during the fourth and fifth years		$ 350,000
Shares of restricted common stock annually for each year of the employment agreement		1,250,000
Company's chief executive officer resigned and relinquished his claim to receive compensation	$ 518,300

Commitments (Details)

Commitments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitment details
Reduced office lease space from 3,500 to	$ 1,800
Current lease amount per month	3,200
Rent expenses accrued during the period	55,836	$ 76,800
Company accured total management fee	$ 405,000	$ 360,000

SUBSEQUENT TRANSACTIONS (DETAIL

SUBSEQUENT TRANSACTIONS (DETAILS)	3 Months Ended
	Mar. 24, 2015USD ($)$ / sharesshares
SUBSEQUENT TRANSACTIONS
Company issued shares of restricted class A common stock | shares	3,500,002
Company issued shares of restricted class A common stock for cash | $	$ 245,000
Company issued shares of restricted class A common stock services rendered | shares	400,000
shares were valued | $	$ 36,000
shares were valued at per share | $ / shares	$ 0.09
Company issued shares of restricted class A common stock for conversion | $	$ 664,285
Company issued shares of restricted class A common stock for conversion of advances from shareholder | shares	53,145