|    |                                                                                 |
|---------|--------------------------------------------------------------------------------------|
| ☑ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|    |                                                                                     |
|---------|------------------------------------------------------------------------------------------|
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|                                                |                             |
|---------------------------------------------------------------|----------------------------------|
| Texas                                                         | 90-0893594                       |
| (State or Other Jurisdiction ofIncorporation or Organization) | (IRS EmployerIdentification No.) |
|                                        |       |
|---------------------------------------------|------------|
| 8851 Camp Bowie Blvd. West,  Suite 240 |       |
| Fort Worth, Texas                           | 76116      |
| (Address of principal executive offices)    | (Zip Code) |
|                                                                 |
|----------------------------------------------------------------------|
| Registrant's telephone number, including area code 817-346-6900 |
|                    |    |                      |    |
|-------------------------|---------|---------------------------|---------|
| Large accelerated filer | ☐ | Accelerated filer         | ☐ |
| Non-accelerated filer   | ☐ | Smaller reporting company | ☑ |
|                    |    |                      |    |

----

|                                                                                                                                                                     |                                                                                                         | PAGE                                                                                                                                                                     |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                     | PART I                                                                                                       |                                                                                                                                                                     |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
| Item 1.                                                                                                                                                                  | Business                                                                                                     | 1                                                                                                                                                                        |
| Item 1A.                                                                                                                                                                 | Risk Factors                                                                                                 | 3                                                                                                                                                                        |
| Item 2.                                                                                                                                                                  | Properties                                                                                                   | 3                                                                                                                                                                        |
| Item 3.                                                                                                                                                                  | Legal Proceedings                                                                                            | 3                                                                                                                                                                        |
|                              |                                                                                                         |                              |
|                                                                                                                                                                     | PART II                                                                                                      |                                                                                                                                                                     |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
| Item 5.                                                                                                                                                                  | Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 3                                                                                                                                                                        |
| Item 6.                                                                                                                                                                  | Selected Financial Data                                                                                      | 4                                                                                                                                                                        |
| Item 7.                                                                                                                                                                  | Management's Discussion and Analysis of Financial Condition and Results of Operations                        | 4                                                                                                                                                                        |
| Item 8.                                                                                                                                                                  | Financial Statements and Supplementary Data                                                                  | F-1                                                                                                                                                                      |
| Item 9.                                                                                                                                                                  | Changes In and Disagreements with Accountants On Accounting and Financial Disclosure                         | 11                                                                                                                                                                       |
| Item 9A                                                                                                                                                                  | Controls and Procedures                                                                                      | 11                                                                                                                                                                       |
| Item 9B.                                                                                                                                                                 | Other Information                                                                                            | 13                                                                                                                                                                       |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
|                                                                                                                                                                     | PART III                                                                                                     |                                                                                                                                                                     |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
| Item 10.                                                                                                                                                                 | Directors, Executive Officers and Corporate Governance                                                       | 13                                                                                                                                                                       |
| Item 11.                                                                                                                                                                 | Executive Compensation                                                                                       | 16                                                                                                                                                                       |
| Item 12.                                                                                                                                                                 | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters               | 17                                                                                                                                                                       |
| Item 13.                                                                                                                                                                 | Certain Relationships and Related Transactions, and Director Independence                                    | 18                                                                                                                                                                       |
| Item 14.                                                                                                                                                                 | Principal Accountant Fees and Services                                                                       | 19                                                                                                                                                                       |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
|                                                                                                                                                                     | PART IV                                                                                                      |                                                                                                                                                                     |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
| Item 15.                                                                                                                                                                 | Exhibits and Financial Statement Schedules                                                                   | 20                                                                                                                                                                       |
|                                                                                                                                                                     |                                                                                                         |                                                                                                                                                                     |
| SIGNATURES                                                                                                                                                               |                                                                                                         | 21                                                                                                                                                                       |

----

----

----

|           |   |   |   |   |   |   |   |   |   |   |   |   |
|----------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
|           |   | 2015   |   |   | 2014   |   |
|           |   | HIGH   |   |   | LOW    |   |   | HIGH   |   |   | LOW    |   |
| First Quarter  |   | $      | 0.2300 |   |   | $      | 0.1201 |   |   | $      | 0.20   |   |   | $ | 0.09 |   |
| Second Quarter |   |   | 0.1875 |   |   |   | 0.1000 |   |   |   | 0.325  |   |   |   | 0.111 |   |
| Third Quarter  |   |   | 0.2000 |   |   |   | 0.1001 |   |   |   | 0.35   |   |   |   | 0.16 |   |
| Fourth Quarter |   |   | 0.1400 |   |   |   | 0.0510 |   |   |   | 0.28   |   |   |   | 0.155 |   |

----

----

----

|                                 |   |   |       |   |         |   |
|--------------------------------------|--------|--------|------------|--------|--------------|--------|
|                                 |   | 2015   |       |   | 2014Restated |   |
| Net loss                             |   | $      | (4,028,702 | )      |         | $      | (4,384,475 | ) |
| Cash flow (negative) from operations |   |   | (1,304,347 | )      |         |   | (1,455,517 | ) |
| Negative working capital             |   |   | (2,271,303 | )      |         |   | (4,262,530 | ) |
| Stockholders' deficit                |   |   | (2,270,559 | )      |         |   | (2,418,120 | ) |
|                            |   | 2015   |      |   | 2014Restated |   |
|---------------------------------|--------|--------|-----------|--------|--------------|--------|
|                            |   |   |      |   |         |   |
| General and administrative      |   | $      | 3,829,466 |   |         | $      | 2,241,076 |   |
| Research and development        |   |   | 766,726   |   |         |   | 218,000 |   |
| Depreciation and amortization   |   |   | 396       |   |         |   | 396 |   |
| Gain from debt forgiveness      |   |   | 518,300   |   |         |   | 0 |   |
| Write-off Logistix software     |   |   | 73,500    |   |         |   | 0 |   |
| Impairment on investment assets |   |   | 0         |   |         |   | 190,000 |   |
| Gain (loss) on derivative       |   |   | 139,397   |   |         |   | (91,395 | ) |
| Net interest expense            |   |   | 218,105   |   |         |   | 928,774 |   |
| Loss on discontinued operations |   |   | 561,412   |   |         |   | 714,834 |   |

----

----

----

----

----

----

|   | O | The Company has inadequate segregation of duties within its cash disbursement control design. |
|--------|---|-----------------------------------------------------------------------------------------------|
|   | O | During the year ended December 31, 2015, the Company internally performed all aspects of its financial reporting process, including, but not limited to the underlying accounting records and record journal entries and responsibility for the preparation of the financial statement due to the fact these duties were performed often times by the same people, a lack of review was created over the financial reporting process that might result in a failure to detect errors in spreadsheets, calculations, or assumptions used to compile the financial statements and related disclosures as filed with the SEC. These control deficiencies could result in a material misstatement to our interim or annual financial statements that would not be prevented or detected. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | O | The Company does not have a sufficient number of independent directors for its board and audit committee. We currently have two independent directors on our board, which is comprised of seven directors, and we do not have a functioning audit committee. As a publicly-traded company, we should strive to have a majority of our Board of Directors be independent.                                                                                                                                                                                                                                                                                                                                                                                                             |

----

|           |   |   |   | Present Position                             |
|----------------|--------|--------|--------|----------------------------------------------|
| Name           |   | Age    |   | and Offices                                  |
|           |   |   |   |                                         |
| Ransom Jones   |   | 67     |   | Interim Chief Executive Officer, Director    |
|           |   |   |   |                                         |
| Randy Moseley  |   | 68     |   | Treasurer, Chief Financial Officer, Director |
|           |   |   |   | Principal Accounting Officer                 |
|           |   |   |   | and Secretary                                |
|           |   |   |   |                                         |
| Richard Halden |   | 62     |   | Director                                     |
|           |   |   |   |                                         |
| Craig Takacs   |   | 49     |   | Director                                     |
|           |   |   |   |                                         |
| Kevin Jones    |   | 51     |   | Director                                     |
|           |   |   |   |                                         |
| Raymond Wright |   | 79     |   | Director                                     |
|           |   |   |   |                                         |
| D. Patrick Six |   | 63     |   | Director                                     |

----

----

----

| Name and Position                                                                                                                         |   | Year   |   | Salary ($)                |   | Bonus($) |                                                                                  | Compensation ($) |                                             | Total ($)  |
|-------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|---------------------------|--------|----------|---------------------------------------------------------------------------------------|------------------|--------------------------------------------------|------------|
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
| Ransom Jones, Interim Chief Executive Officer, effective January 14, 2016, Chief Operating Officer,April 1, 2015 – January 14, 2016 |   | 2015   |   |    20,400  |   |     |               - |             |  37,500                                     |  (1)  |   |    57,900 |
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
| Kevin Bentley, Chief Executive Officer, resigned April 6, 2105                                                                            |   | 2015   |   |    0       |   |     |               - |             |  743,750                                    |  (2)  |   |   743,750 |
|                                                                                                                                      |   | 2014   |   |    165,000 | (3)    |     |               - |             |                                             |       |   |    165,000 |
|                                                                                                                                      |   | 2013   |   |  0                   | (4)    |     |  -                                                                               |             |          |       |   | 0 |
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
| Richard Halden, President                                                                                                                 |   | 2015   |   |   180,000  | (5)    |     |               - |             |  603,750                                    |  (6)  |   |    783,750 |
| resigned on January 14, 2016                                                                                                         |   | 2014   |   |    165,000 | (7)    |     |               - |             |                                             |       |   |    165,000 |
|                                                                                                                                      |   | 2013   |   | 0                         | (8)    |     |                                                                                  |             |          |       |   | 0 |
|                                                                                                                                      |   |   |   |                      |   |     |                                                                                  |             |                                             |       |   |   |
| Randy Moseley, Chief Financial Officer                                                                                                    |   | 2015   |   |    180,000 | (9)    |     |               - |             |  603,750                                    |  (10) |   | 783,750 |
| and Principal Financial Officer                                                                                                           |   | 2014   |   |    165,000 | (11)   |     |               - |             |                                             |       |   |    165,000 |
|                                                                                                                                      |   | 2013   |   | 0                         | (12)   |     |                                                                                  |             |          |       |   | 0 |

----

| (1)    | Represents 375,000 shares of restricted class A common stock due Executive per his employment agreement, valued at $0.10 per share.    |   |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------|--------|
| (2)    | Represents 4,375,000 shares of restricted class A common stock due Executive per his employment agreement, valued at $0.17 per share.  |   |
| (3)    | Represents amount of 2014 annual salary accrued but unpaid by agreement with the Executive.                                            |   |
| (4)    | Executive agreed to eliminate 50% of his total deferred compensation which made 2013 have 0 accrual.                                   |   |
| (5)    | Represents amount of 2014 annual salary accrued but unpaid by agreement with the Executive.                                            |   |
| (6)    | Represents 4,375,000 shares of restricted class A common stock due Executive per his employmentagreement, valued at $0.138 per share.  |
| (7)    | Represents amount of 2014 annual salary accrued but unpaid by agreement with the Executive.                                            |   |
| (8)    | Executive agreed to eliminate 50% of his total deferred compensation which made 2013 have 0 accrual.                                   |   |
| (9)    | Represents amount of 2014 annual salary accrued but unpaid by agreement with the Executive.                                            |   |
| (10)   | Represents 4,375,000 shares of restricted class A common stock due Executive per his employment agreement, valued at $0.138 per share. |   |
| (11)   | Represents amount of 2014 annual salary accrued but unpaid by agreement with the Executive                                             |   |
| (12)   | Executive agreed to eliminate 50% of his total deferred compensation which made 2013 have 0 accrual.                                   |   |

|                    |   |                                        |                         |   |                      |   |
|------------------------------|--------|---------------------------------------------|------------------------------|--------|---------------------------|--------|
|   Name and Address |   | Amount and Natureof BeneficialOwnership (1) |                         |   |  Percent ofClass (2) |
|                         |   |                                        |                         |   |                      |   |
| Randy Moseley (3)            |   |                                        | 35,567,574                   |   |                      |   | 17.50 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| Richard Halden (4)           |   |                                        | 32,677,721                   |   |                      |   | 16.07 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| Ransom Jones                 |   |                                        | 375,000                      |   |                      |   | .18 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| Craig Takacs                 |   |                                        | 3,157,563                    |   |                      |   | 1.55 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| Kevin Jones  (5)        |   |                                        | 15,333,334                   |   |                      |   | 7.54 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| Raymond Wright               |   |                                        | 7,000,000                    |   |                      |   | 3.44 | % |
|                         |   |                                        |                         |   |                      |   |   |   |
| D. Patrick Six (6)           |   |                                        | 4,700,000                    |   |                      |   | 2.31 | % |
|  as a group (7 persons) |   |                                        |   98,811,192  |   |                      |   |  48.59 |  % |

----

| (1)   | Unless otherwise indicated, the address for each of these stockholders is c/o UMED Holdings, Inc., at 8851 Camp Bowie Blvd. West, Suite 240, Fort Worth, Texas 76116.  Also, unless otherwise indicated, each person named in the table above has the sole voting and investment power with respect to our shares of common stock which he beneficially owns.Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (2)         | Percentage of beneficial ownership is based on the 188,219,085 shares of class A common stock outstanding as of March 24, 2016 and the 15,126,938 class B common shares outstanding at March 24, 2016 for a total of 203,346,023 shares used to determine percent of ownership.                                                                                                                                                                                                                                                                                                                                           |
|-----------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (3)         | Includes 18,280,809 shares of class A common held directly by Mr. Moseley, 2,797,000 shares of class A common held by Mr. Moseley's spouse, 7,500,000 shares of class B shares held directly by Mr. Moseley, 1,183,164 shares of class A common  held by Capital Equity Partners, LLC of which Mr. Moseley is a member, 5,000,000 shares of class A common held by Media Advertising LLC of which Mr. Moseley is a member, 3,500,000 shares of class A common held by Arkansas Partners of which Mr. Moseley is a partner, and 2,148,183 shares of class A common held by BioEnergy LLC of which Mr. Moseley is a member. |
|                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| (4)         | Includes 15,836,139 shares of class A common held directly by Mr. Halden, 4,500,000 shares of class A common held by Mr. Halden's spouse, 7,500,000 shares of class B shares held directly by Mr. Halden, 1,183,164 shares of class A common held by Capital Equity Partners, LLC of which Mr. Halden is a member, 5,000,000 shares of class A common held by Media Advertising Partners LLC of which Mr. Halden is a member and 3,500,000 shares of class A common held by Arkansas Partners of which Mr. Halden is a partner.                                                                                                |
|                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|  (5)   | Includes 2,583,334 shares of class A common held directly by Mr. Jones and 12,750,000 shares of class A common held by Mabert LLC.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|  (6)   | Includes 200,000 shares of class A common held directly by Mr. Six and 4,500,000 shares of class A common held by Jabeez LLC.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

----

|               |   | 2015 |   |   | 2014   |   |
|--------------------|--------|------|--------|--------|--------|--------|
| Audit Fees         |   | $    | 28,500 |   |   | $      | 34,000 |   |
| Audit Related Fees |   | $    | 0      |   |   | $      | 0 |   |
| Tax Fees           |   | $    | 0      |   |   | $      | 0 |   |
| All Other Fees     |   | $    | 0      |   |   | $      | 0 |   |
| Total              |   | $    | 28,500 |   |   | $      | 34,000 |   |

----

|        |                                                                                                                                 |
|-------------|--------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit No. | Name of Exhibit                                                                                                                      |
| 3.1**       | Articles of Incorporation filed March 13, 2002                                                                                       |
| 3.2**       | Amended Articles of Incorporation filed June 7, 2006                                                                                 |
| 3.3**       | Amended Articles of Incorporation filed August 18, 2009                                                                              |
| 3.4**       | Amended Articles of Incorporation filed March 23, 2011                                                                               |
| 3.5**       | Bylaws                                                                                                                               |
| 10.1*       | Code of Ethics                                                                                                                       |
| 10.2*       | Agreement and Plan of Merger by end between Dynalyst Manufacturing Corporation and Universal Media Corporation dated August 18, 2009 |
| 10.3*       | Purchase Agreement between UMED and Mamaki Tea & Extract, Inc. dated May 1, 2012                                                 |
| 10.4*       | Addendum and Modification to Purchase Agreement between UMED and Mamaki Tea & Extract, Inc. dated December 31, 2012              |
| 10.5*       | Second Addendum and Modification to Purchase Agreement between UMED and Mamaki Tea & Extract, Inc. dated December 31, 2012  |
| 10.6*       | Purchase Agreement between UMED and Greenway Innovative Energy, Inc. dated August 29, 2012                                           |
| 10.7*       | Purchase Agreement between UMED and Rig Support Services, Inc. dated February 23, 2012                                               |
| 10.8*       | Asset Agreement between UMED and JetTech LLC dated October 2, 2011                                                                   |
| 10.9*       | Employment agreement with Kevin Bentley dated May 27, 2011                                                                           |
| 10.10*      | Employment agreement with Randy Moseley dated May 27, 2011                                                                           |
| 10.11*      | Employment agreement with Richard Halden dated May 27, 2011                                                                          |
| 10.12*      | Employment agreement with Raymond Wright dated August 29, 2012                                                                  |
| 10.13*      | Employment with Conrad Greer dated August 29, 2012                                                                                   |
| 10.14*      | Consulting agreement with Jabez Capital Group LLC dated May 27, 2011                                                                 |
| 10.15**     | Mamaki of Hawaii, Inc. Promissory Note with Southwest Capital Funding Ltd dated August 17, 2012                                      |
| 10.16*      | Modification of Note and Lien between Mamaki of Hawaii, Inc. and Southwest Capital Funding Ltd dated October1, 2012                  |
| 10.17*      | Second Modification of Note and Lien between Mamaki of Hawaii, Inc. and Southwest Capital Funding Ltd dated December 20, 2012        |
| 10.18*      | Mamaki of Hawaii, Inc. Promissory Note to Robert R. Romer dated August 17, 2012                                                      |
| 10.19**     | Rig Support Services, Inc. Addendum & Modification to Purchase Agreement                                                         |
| 21***       | List of Subsidiaries                                                                                                                 |
| 31.1***     | Certification pursuant to Section 13a-14 of CEO                                                                                      |
| 31.2***     | Certification pursuant to Section 13a-14 of CFO                                                                                      |
| 32.1***     | Certification pursuant to Section 1350 of CEO                                                                                        |
| 32.2***     | Certification pursuant to Section 1350 of CFO                                                                                        |
| 101         | Interactive data files pursuant to Rule 405 of Regulation S-T                                                                        |

----

|           |                |                            |
|----------------|---------------------|---------------------------------|
|           | UMED HOLDINGS, INC. |
|           |                |                            |
| April 14, 2016 | By:                 | /s/ Ransom Jones                |
|           |                | Ransom Jones                    |
|           |                | Interim Chief Executive Officer |
|           |   |                                                               |
|----------------|--------|--------------------------------------------------------------------|
| April 14, 2016 | By:    | /s/ Ransom Jones                                                   |
|           |   | Ransom Jones                                                       |
|           |   | Interim Chief Executive Officer                                    |
|           |   |                                                               |
| April 14, 2016 | By:    | /s/ Randy Moseley                                                  |
|           |   | Randy Moseley                                                      |
|           |   | Director, Chief Financial Officer and Principal Accounting Officer |
| April 14, 2016 | By:    | /s/ Richard Halden |
|----------------|--------|--------------------|
|           |   | Richard Halden     |
|           |   | Director           |
| April 14, 2016 | By:    | /s/ Craig Takacs |
|----------------|--------|------------------|
|           |   | Craig Takacs     |
|           |   | Director         |
| April 14, 2016 | By:    | /s/ Kevin Jones |
|----------------|--------|-----------------|
|           |   | Kevin Jones     |
|           |   | Director        |
| April 14, 2016 | By:    | /s/ Raymond Wright |
|----------------|--------|--------------------|
|           |   | Raymond Wright     |
|           |   | Director           |
| April 14, 2016 | By:    | /s/ D. Patrick Six |
|----------------|--------|--------------------|
|           |   | D. Patrick Six     |
|           |   | Director           |

----

| Financial Statements:                                   |    |   |
|---------------------------------------------------------|--------------|--------|
|                                                    |         |
| Report of Independent Registered Public Accounting Firm |   F- 1  |
| Balance Sheets                                          |    | F- 2   |
| Statements of Operations                                |    | F- 3   |
| Statements of Stockholders' Deficit                     |    | F- 4   |
| Statements of Cash Flows                                |    | F- 5   |
| Notes to Financial Statements                           |    | F- 6   |

----

----

|                                                                                     |   | December 31, |        |   | December 31,  |   |
|-----------------------------------------------------------------------------------------------|--------|--------------|-------------|--------|---------------|--------|
|                                                                                          |   | 2015         |        |   | 2014 Restated |   |
| Assets                                                                                        |   |         |        |   |          |   |
| 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 |   |
|                                                                                          |   |         | 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           |   |          |   | 1,757.643 |   |
|            Total Assets                |   | $            | 744         |   |          | $      | 1,909,789 |   |
|                                                                                          |   |         |        |   |          |   |   |   |
|      Liabilities & Stockholders' Deficit                         |   |         |        |   |          |   |   |   |
| 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 |   |

----

|                                                                               |   |   |        |   |         |   |
|------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------------|--------|
|                                                                               |   | 2015   |        |   | 2014Restated |   |
|                                                                               |   |   |        |   |         |   |
| 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                                             |   | $      | (0.00       | )      |         | $      | (0.00 | ) |
| Net loss per share                                                                 |   | $      | (0.02       | )      |         | $      | (0.03 | ) |
|                                                                               |   |   |        |   |         |   |   |   |
| Weighted average shares                                                            |   |   |        |   |         |   |   |   |
| Outstanding;                                                                       |   |   |        |   |         |   |   |   |
|   Basic and diluted                                                      |   |   | 165,860,150 |   |         |   | 138,442,759 |   |
|                                                                               |   |   |        |   |         |   |   |   |

----

|                                        |   |                   |       |   | Stock                  |   |   |                   |   |   |                   |   |   |                      |   |   |                     |   |       |              |   |
|---------------------------------------------|--------|------------------------|------------|--------|------------------------|--------|--------|------------------------|--------|--------|------------------------|--------|--------|---------------------------|--------|--------|--------------------------|--------|------------|-------------------|--------|
|                                        |   | Class BNumber ofShares |       |   | Par Value$0.0001Amount |   |   | Class ANumber ofShares |   |   | Par Value$0.0001Amount |   |   | AdditionalPaid-In-Capital |   |   |  AccumulatedDeficit |   |       |   Total |   |
|  BalanceDecember 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 | ) |
|                                        |   |                   |       |   |                   |   |   |                   |   |   |                   |   |   |                      |   |   |                     |   |       |              |   |   |   |   |   |   |   |   |
| BalanceDecember 31, 2014, Restated          |   |                   | 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 convertedTo 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                                     |   |                   |       |   |                   |   |   |                   |   |   |                   |   |   |                      |   |   |                     |   |       |              |   |   |   |   |   |   |   |   |
| December 31, 2015                           |   |                   | 15,126,938 |   |                   | $      | 1,513  |                   |   |   | 183,882,132            |   |   | $                         | 18,389 |   |                     | $      | 10,167,670 |              |   | $ | (12,458,131 | ) |   | $ | (2,270,559 | ) |

----

|                                                                         |   | 2015   |       |   | 2014 Restated |   |
|------------------------------------------------------------------------------|--------|--------|------------|--------|---------------|--------|
| 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 |   |

----

| 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   |

----

|     Balance Sheet Accounts |   |    As PreviouslyStated |       |   |    Reclassify Mamaki |   |       |   Correction of Derivative and Stock Valuations |   |   |    AsRestated |   |
|------------------------------------------------|--------|---------------------------------------|------------|--------|-------------------------------------|--------|------------|-----------------------------------------------------------|--------|--------|------------------------------|--------|
|                                           |   |                                  |       |   |                                |   |       |                                                      |   |   |                         |   |
| 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 |   |    |     AsRestated |   |
|-------------------------------------------------------|--------|----------------------------------------------|------------|--------|-------------------------------------------------|--------|----------|-----------------------------------------------------------------|--------|---------|------------------------------------|--------|
|                                                  |   |                                         |       |   |                                            |   |     |                                                            |   |    |                               |   |
| 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 lossOther 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 |   |   |  AsRestated |   |
|----------------------------------------------|--------|----------------------------|------------|--------|-------------------------------|--------|----------|-----------------------------------------------|--------|--------|------------------|--------|
|                                         |   |                       |       |   |                          |   |     |                                          |   |   |             |   |
| 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 |   |

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| Equipment | 5 to 7 years |
|-----------|--------------|

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|                                    |   | 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 |   |

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|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |  2015 |   |   |   | 2014Restated |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------|--------|--------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |       |   |   |   |         |   |
| Jet Tech LLC In October 2011, the Company acquired a 49% interest inJetTech LLC which is an aerospace maintenance operationlocated at Meacham Airport in Fort Worth, Texas -The Companyhas impaired the investment at December 31, 2015 and 2014,respectively,                                                                                                                                                                 |   | $      | 0          |   |   | $      | 0            |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |       |   |   |   |         |   |
|                                                                    TOTAL INVESTMENTS |   | $      | 0          |   |   | $      | 0            |   |
|                              |   | 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 ofDecember 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% |   |

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|                     |   | 2015   |    |   | 2014Restated |   |
|--------------------------|--------|--------|---------|--------|--------------|--------|
|                     |   |   |    |   |         |   |
| Accrued consulting fees  |   | $      | 229,000 |   |         | $      | 144,500 |   |
| Bank overdraft           |   |   | 763     |   |         |   | 0 |   |
| Accrued interest expense |   |   | 0       |   |         |   | 9,091 |   |
| Total accrued expenses   |   | $      | 229,763 |   |         | $      | 153,591 |   |

----

----

|                                                                  | 2015   |   | 2014   |   |
|-----------------------------------------------------------------------|--------|--------|--------|--------|
|                                                                  |   |   |   |   |
| Current                                                               |   | $      | -      |   |   | $ | - |   |
| Deferred                                                              |   |   | -      |   |   |   | - |   |
|    Total tax provision for (benefit from) income taxes |   | $      | -      |   |   | $ | - |   |
|                                                       |   | 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 | % |

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|                              |   | 2015   |        |   | 2014Restated |   |
|-----------------------------------|--------|--------|-------------|--------|--------------|--------|
| 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  |   | $      | -           |   |         | $      | - |   |

|                                                |   |   |      |
|-----------------------------------------------------|--------|--------|-----------|
| 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   |   |

----

|                                           |   | 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 | ) |
|                                           |   |   |     |   |   |   |   |   |

|                                                     |   | 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 |   |

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