Sylios Corp. (fka UNGS)

[Trimdaddy50]

Let's get ready to rumble

http://cannabissativa.co/companies/sylios-corp ;


http://www.greatercannabiscompany.com/ ;


The Company has selected a new front-end and back-end developer for the superstore which should make the customer experience seamless. A mock up of the new GCC Superstore should be available to the Company prior to month's end. As soon as management signs off on the final design and layout, a "Coming Soon" page will go live at www.greatercannabiscompany.com 

The Company's current projection is for a July 4th Grand Opening for the GCC Superstore

http://www.artemisvending.com/ ;

The Company will be providing a detailed update on the automated dispensing kiosk the week of June 1st. 

Corporate Website 

http://www.sylios.com/ ;

Marina website coming 

 "Bids are out for the development of a new website for informational purposes and to solicit pre-sales" 



In addition, the Company is in its final stages of due diligence for a second marina development in Aventura, FL. The project allows for the development of ten dockominiums housing yachts from 80-100' in length. Projected gross sales range between $2.5-3.0 million. Two of the four required permits are in hand, substantially decreasing the amount of time before construction can begin. The Company will make its final determination prior to month's end as whether to close on the transaction.



Support on going and future operations :

The Company has elected to place its Kentucky oil and gas operations up for sale to generate the required capital needed for its marina development(s) project and its cannabis division. By doing so, the Company will divert itself from raising capital through dilutive means.

Sylios Corp Increases Authorized Share Repurchase Plan


The Company is now authorized to repurchase up to Five Hundred Thousand and NO/100 Dollars ($500,000) for a period of two years from the date of the May 21, 2015 resolution. The repurchase program will be funded by the Company's available cash and may be commenced or suspended at any time or from time to time. The plan will continue as long as periodic management reviews determine it to be fiscally feasible and may be discontinued at any time.

Hell maybe ade is right, paper bound.


UNGS $ $ $