UMeWorld Limited Invites Investors to Upcoming Webinar, June 4th at 12PM EST Hosted by CEO Michael Lee to Discuss the Upcoming Acquisition and Relocation

HONG KONG, May 23, 2024 (GLOBE NEWSWIRE) -- UMeWorld Limited (OTC: UMEWF), a leading company in ESG-based cooking oil and biofuel technologies, is pleased to invite investors to a special webinar hosted by the company's CEO, Michael Lee, on June 4, 2024, at 12:00 noon EST. (Webinar Registration Link) This webinar will provide an in-depth update on UMeWorld's recent strategic developments, acquisition plans, and future directions.

Webinar Details:

• Date: June 4, 2024
• Time: 12:00 pm (noon) EST
• Host: Michael Lee, CEO of UMeWorld Limited
• Registration link | Webinar Registration Link

Key Points to be Covered:

1. Exclusive License for Enzymatic Technologies: UMeWorld has secured an exclusive license for proprietary enzymatic technologies to manufacture and sell DAG weight loss cooking oil across North America. This strategic move supports the recent acquisition of a Miami-based nutritional supplement retailer to enhance online distribution channels​.
2. Pivot to ESG-Based Operations: The company is shifting its focus to environmentally and socially responsible operations in the United States. This includes the enzymatic production of biofuel and weight loss cooking oil​.
3. Acquisition of Palm Oil Mills: UMeWorld plans to acquire several palm oil mills in Malaysia. These mills will use proprietary enzymatic technologies to produce sustainable fuels and chemicals from palm oil mill effluent (POME), significantly reducing greenhouse gas emissions​.
4. Fundraising Success: The company's fundraising efforts have been highly successful, with insiders already contributing $500,000. UMeWorld is raising up to $1,200,000 to support this upcoming acquisition, Nasdaq uplisting expenses, and working capital​.
5. Headquarters Relocation and Nasdaq Uplisting: UMeWorld will relocate its corporate headquarters to Miami, FL, and aims to uplist to the NASDAQ stock exchange within the next 90 days. This move is expected to enhance the company's visibility and attract more investors​.

About UMeWorld Limited:

UMeWorld Limited is an integrated edible oil company committed to promoting sustainable and innovative solutions that improve the economic, social, and environmental well-being of its stakeholders. The company is building a vertically integrated business model to become an integral supplier of food, feed, oleochemicals, and renewable fuel across various industries.