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Saturday, 10/03/2015 9:56:11 PM

Saturday, October 03, 2015 9:56:11 PM

Post# of 133793
Sylios Corp. (UNGS) filed Form 15 with the SEC on 4/16/12 (see link: http://ir.sylios.com/all-sec-filings?form_type=15-15D#document-2794-0001013762-12-000855).

The reason is because of Rule 12h-3 that stipulates (see link: http://www.omm.com/new-sec-guidance-regarding-the-suspension-of-exchange-act-reporting-03-23-2010/):
An issuer may suspend its filing obligations under Rule 12h-3 by filing a certification of termination on Form 15 if it meets the following requirements at the time it files the Form 15:
...
fewer than 300 record holders of the registered class of securities (the “Record holder Only Test”);...

The 4/16/12 filing by UNGS, using the number of holders test, showed 248. I would be willing to bet all of my untradeable shares that UNGS has over 300 record holders today. If this is the case, UNGS has run afoul of the SEC vis-a-vis DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

Can the ultimate DD person on this board confirm number of holders of UNGS?

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