This is Huge News...
UDHI, this is huge news...
Union Dental Holdings, Inc. (OTC: "UDHI", the "New UDHI") announced signing final Licensing Agreement with Consulting Group of Jocassee, Inc. ("CGJI"), granting UDHI world-wide rights to CGJI 's recently awarded Patent, #10,718,586,as it pertains to design, manufacture, and world-wide distribution of medical devices. This Agreement also encompasses a newly filed Patent Application, #17/017,546, that further enhances previously granted patent, as well as other intellectual property owned by CGJI pertaining to medical devices.
Concurrently, UDHI Chief Science Officer Dr. Anja Glisovic has been preparing a budget and identifying medical applications that will bring the initial products to market in the shortest possible time frame. The Company expects to realize significant revenue from these patented products throughout FY2021
"I greatly appreciate the efforts expended by our New UDHI team to expeditiously bring this Agreement to close" said UDHI CEO Michael O'Shea. "Special thanks go to my fellow Director and current President of CGJI, Steve Gravely, who was instrumental in putting together a well-balanced deal serving best interests of all UDHI shareholders."
ABOUT THE NEW UDHI
On July 2, 2020, forensic accountant Michael O'Shea accepted the appointment to become the new CEO and sole Board member of Union Dental Holdings Inc. ("UDHI"), a publicly traded company that had emerged from a FL-727 filing in January 2016 and had been languishing as a public shell ever since. Mike quickly made two very important additions to the Board and brought in a highly respected securities attorney to help him clean up all previous problems associated with the shell and begin transitioning to a business "worthy of a NASDAQ listing". That process has now begun in full with the filing of the OTCIQ to the OTC MARKETS, with the addition of world class Chief Science Officer, Dr. Anja Glisovic, who is leading the Company's business development efforts into the medical field, and with the closing of the Licensing Agreement for the patents discussed above. For more information on the New UDHI visit NEWUDHI.com
