UMeWorld Announces Strategic Expansion in the U.S. and Forecasts Significant Revenue Growth
UMEWORLD LIMITED (UMEWF)
NASDAQ:AMEX Investor Relations:
umeworld.com
Company Research
Source: GlobeNewswire
HONG KONG, May 16, 2024 (GLOBE NEWSWIRE) -- UMeWorld Limited (OTCPK: UMEWF) is pleased to announce a strategic plan for expansion in the United States. Having secured proprietary enzymatic technologies for health-centric products and biofuel production, this plan seeks phased development of a large-scale production facility in Miami to expand the production capacity and market presence of the company in key target markets. Strategic Expansion Through Phased Development Phased development shall occur across three primary phases: Phase 1: Bottling Operations Bottling operations are set to commence by Q1 of 2025 through the establishment of a Miami-based commercial bottling facility, where DAG oil will be imported in bulk 200 kg drums and bottled on site. Seeking to quickly establish UMeWorld's presence in the U.S. market, this phase aims to leverage a to-be-acquired retail distribution channel. Having over 10,000 registered customers, this retailer spans significant sales channels
Show less
Read more
Impact Snapshot
Event Time:
UMEWF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UMEWF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UMEWF alerts
High impacting UMEWORLD LIMITED news events
Weekly update
A roundup of the hottest topics