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The Greater Cannabis Company Inc.

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Last Post: 1/9/2017 12:26:32 PM - Followers: 6 - Board type: Free - Posts Today: 0

Our website is coming soon !!!
http://greatercannabiscompany.com

The Greater Cannabis Company, Inc.

Contact us

735 Arlington Ave N., Suite 308
St. Petersburg, FL 33701
(727) 482-1505
info@greatercannabiscompany.com

The Greater Cannabis Company is a holding corp whose investment strategy is centered around the cannabis sector through direct investments, acquisitions, joint ventures and e-commerce.

The Greater Cannabis Company Inc. (Coming Soon)

Florida, Colorado and Washington

http://www.sylios.com

https://mobile.twitter.com/GreaterCannabis


________________________________________________________________________________________________________

 

Friday, January 6, 2017 - Sylios Website Updated with Divy Questions and Answers

http://www.sylios.com/stockdividend/

Stock Dividend

On December 28, 2016, Sylios Corp announced that its wholly owned subsidiary, The Greater Cannabis Company, Inc. (“GCC”) (f/k/a The Greater Cannabis Company, LLC), would be spun off to shareholders of its common stock. To help guide you through this process and answer questions that you may have, please review the following information.

Important Dates:

Record Date-February 3, 2017
Ex-Dividend Date- February 1, 2017
Payment Date- February 13, 2017

Who gets shares of GCC?

Holders of Sylios Corp common stock, (OTC Pink: UNGS), as of the close of business January 31, 2017.

If I buy shares of Sylios Corp on February 1, 2017 or after will I receive shares of GCC?

No.

How many shares will I receive?

You will receive 1 share of common stock of GCC for every 500 shares of common stock you own of UNGS.

What happens if I do not own 500 shares exactly?

In lieu of issuing fractional shares in connection with the stock dividend, the company will round fractional shares up to the next whole share.

Do I need to contact my broker about the stock dividend?

No. On the Payment Date, GCC’s transfer agent will send out the newly issued shares of GCC common stock to those Broker-Dealers and individuals holding certificates (“certificated shares”). Pacific Stock Transfer will act as GCC’s transfer agent.

Once I receive my shares, can I sell them immediately?

No. GCC is filing an initial Registration Statement (“S-1”) with the Securities and Exchange Commission (“SEC”) to register the shares being issued as per the stock dividend. Once the S-1 is deemed effective by the SEC, shareholders of GCC may sell those shares which were registered.

Is there any cost to me to register my shares of GCC?

No.

Is there a stock symbol for GCC?

During the registration process, the Company will file an application with the Financial Industry Regulatory Authority ("FINRA") for its trading symbol as well as an application with Cusip for its cusip number. Once both are received, the Company will update shareholders.

If I have any questions, who may I contact?

Please contact the Company at dividend@sylios.com.


Friday, January 6, 2017 - Sylios Corp Announces Record Date for
Spin-Off of The Greater Cannabis Company, LLC

http://www.sylios.com/wp-content/uploads/2017/01/1-6-2017-Sylios-Announces-Record-date-for-Spin-Off.pdf

ST. PETERSBURG, FL / ACCESSWIRE / January 6, 2017 / Sylios Corp (OTC PINK: UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development, holdings in equities, corporate debt and alternative investments is pleased to update shareholders of important dates pertaining to the spin-off of the Company's wholly owned subsidiary, The Greater Cannabis Company, LLC.

On December 28, 2016, Sylios Corp announced that it would spin-off 80.01% of its wholly owned subsidiary, The Greater Cannabis Company, LLC through a pro rata stock distribution to holders of its common stock. Prior to the spin-off, the Company will file a Notice of Conversion with the State of Florida to effectively converting the subsidiary from a limited liability company to a Florida for profit corporation and change the Company's name to The Greater Cannabis Company, Inc. (the new "GCC"). In the newly filed Articles of Incorporation for the Subsidiary, it will designate 500 million shares for Common stock and 10 million shares for Preferred stock.

The Record date for the stock dividend is set at February 3, 2017 with the Ex-Dividend date at February 1, 2017. The stock dividend will be payable February 13, 2017 to shareholders. In order for shareholders to receive the stock dividend, they must own shares of Sylios Corp prior to the Ex-Dividend date. Sylios Corp's common stock will begin trading ex-dividend at the open on February 1, 2017.

Shareholders of Sylios Corp entitled to receive the dividend will receive 1 share of GCC common stock for every 500 shares of Sylios Corp common stock owned. In lieu of issuing fractional shares in connection with the stock dividend, the company will round fractional shares up to the next whole share.

The Company's transfer agent, Pacific Stock Transfer, will distribute shares of GCC on the payment date to certificated shareholders. Shareholders are not required to submit any information to the Company's transfer agent to receive the newly issued GCC shares of common stock. Pacific Stock Transfer will also act as the transfer agent for GCC.

Shareholders should direct any questions pertaining to the stock dividend to dividend@sylios.com. The Company has established an information page, http://www.sylios.com/stockdividend, with details on the transaction.


TUESDAY, January 3, 2017 - Current with the State of Florida

Wednesday, December 28, 2016: BIG NEWS

Sylios Corp to Spin-Off its Wholly Owned Subsidiary, The Greater Cannabis Company, LLC, to Shareholders

https://www.accesswire.com/451847/Sylios-Corp-to-Spin-Off-its-Wholly-Owned-Subsidiary-The-Greater-Cannabis-Company-LLC-to-Shareholders

On December 16, 2016, the Company's Board of Directors approved a corporate action to file a Notice of Conversion with the State of Florida for its subsidiary, The Greater Cannabis Company, LLC, which will convert the subsidiary from a limited liability company to a for profit corporation. The Subsidiary's name will change to The Greater Cannabis Company, Inc. ("GCC"). In the newly filed Articles of Incorporation for the Subsidiary, it will designate 500 million shares for Common stock and 10 million shares for Preferred stock.

Shareholders of Sylios Corp, as of the close of business on January 20, 2017 (the "Record Date"), will receive 1 share of GCC common stock for every 500 shares of Sylios Corp common stock owned. The transaction will be treated as a stock dividend. The Company currently anticipates an Ex-Dividend Date (Ex-Date) of February 10, 2017. Both dates are subject to change. The Company will release information the first week of January 2017 with definitive dates and further information.

After the spin-off, the Company will retain a 19.99% interest in GCC, with 80.01% of the common shares of GCC distributed to Sylios common shareholders. The total number of common shares of GCC post spin-off will be approximately 27.5 million. The Company will release additional instructions prior to the Record Date.

GCC will undergo a two-year audit during the month of January and then file its initial registration statement with the Securities and Exchange Commission to be a fully reporting company. The Company plans on listing GCC on the OTCMarkets OTCQB market place. The Company anticipates shares of GCC to begin trading as a standalone entity during the 1st Quarter of 2017. A new corporate website for GCC will go "live" prior to the Record Date.

Post-split, GCC intends on filing a Registration Rights offering for its existing shareholders. The offering will give each shareholder the right to purchase additional units in GCC for a defined period of time. Shareholders will have the right to purchase additional units of GCC at a fixed price of $.25/unit for a total equity raise of $500,000.00. In the event the Rights Offering is fully subscribed, GCC will have 29.5 million common shares outstanding with a market capitalization of $7.4 million. The Company plans to use the proceeds from the rights offering to provide equity capital to support the continuing execution of the Company's growth strategy plans, acquisitions and general business development.

 


December 22, 2016: Greater Cannabis Company Twitter Page found by poster: Secret Service

https://mobile.twitter.com/GreaterCannabis


December 16, 2016: OTC Markets Supplemental Information Posted

Current Report - GCC Notice of Conversion to Corporation

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=164282

Item 5.03. Amendments to Articles of Organization or Bylaws; Change in Fiscal Year. On December 14, 2016, Sylios Corp (the “Company”) filed a Current Report with OTC Markets stating that it would file an Amended and Restated Articles of Incorporation for its wholly owned subsidiary, The Greater Cannabis Company, LLC (the “Subsidiary”). The Board of Directors voted on December 16, 2016 to forgo this corporate action and has elected to file a Notice of Conversion for the Subsidiary. 

The Company will file a Notice of Conversion for the Subsidiary, which will convert the Subsidiary from a limited liability company to a for profit corporation. The Subsidiary’s name will change to The Greater Cannabis Company, Inc. In the newly filed Articles of Incorporation for the Subsidiary, it will designate 500 million shares for common stock and 10 million shares for Preferred stock. 

The corporate action of the Subsidiary is being implemented for the purpose of business expansion through acquisitions, joint ventures, licensing agreements and for a proposed going public transaction.

December 14, 2016: OTC Markets Supplemental Information Posted

Current Report - GCC Notice of Conversion to Corporation

http://www.otcmarkets.com/financialReportViewer?symbol=UNGS&id=164117

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On December 13, 2016, the Board of Directors of the Company’s wholly owned subsidiary, The Greater Cannabis Company, LLC (the “Subsidiary”), voted and approved a corporate act to file an Amended and Restated Articles of Incorporation for the Subsidiary. 

The Amended and Restated Articles of Incorporation of the Subsidiary will increase the Authorized common shares to 11 Billion. The corporate action of the Subsidiary is being implemented for the purpose of business expansion through acquisitions, joint ventures, licensing agreements and for a proposed going public transaction. 

The increase in Authorized common shares of the Subsidiary will not affect the Authorized common shares of the Company.

 

December 13, 2016: News Article Mentions GREATER CANNABIS COMPANY

'Cannabis' Commercialization Taking Time; Individuals Can Plant 12 Pots Legally? Taxes On Discussion Table

http://www.newseveryday.com/articles/60282/20161213/cannabis-commercialization-taking-time-individuals-can-plant-12-pots-legally-taxes-on-discussion-table.htm

"In the meantime, The Greater "Cannabis" Company is looking at expanding the investment on medical/ recreational marijuana. The company is currently looking at private companies who may either invest or may go with joint ventures for the expansion."

 

Monday, December 12, 2016: News Release

http://www.otcmarkets.com/stock/UNGS/news?id=146830

ST. PETERSBURG, FL / ACCESSWIRE / December 12, 2016 / Sylios Corp (OTC Pink: UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development, holdings in equities, corporate debt and alternative investments is pleased to announce that the Company's wholly owned subsidiary, The Greater Cannabis Company, LLC, is actively seeking to expand its holdings in the medical/recreational marijuana sector.

On November 8, 2016, Florida voters passed Amendment 2 (formally known as the Florida Medical Marijuana Legislation Initiative). The amendment passed with a 71 percent approval. The amendment language allows for medical marijuana to be prescribed by doctors to patients of diseases such as HIV, glaucoma, post-traumatic stress disorder, ALS and Chron's disease.

The Company has elected to diversify its investment holdings concentrated around the medical/recreational marijuana sector. The Company is in active discussions with several private companies about either direct investments or joint ventures. Operational activities focus on alternative grow houses, cannabis business incubators and online portals to name a few. These opportunities were brought forward directly from the consulting efforts of the Company's outside consultant retained and announced in early 2016. The Company will update shareholders on the progress of the discussions as events develop.

Wayne Anderson, President of Sylios Corp, noted, "To help gain a better foothold in this new and exciting sector, we felt it was in the Company's best interest to branch out from our lone investment through our licensing agreement. We have had the opportunity to review numerous companies and investment opportunities and see very attractive potential in several. I expect 2017 to be an exciting year for the Company and shareholders as we look to maximize our investment potential through our cannabis subsidiary."

The Company's previously announced "GCC Superstore" will be placed out for bids for development and design.

PostSubject
#23  Restored Only publicly traded boards are allowed here. IH Admin [Shelly] 01/09/17 12:26:32 PM
#22   Got alert this morning regarding GCC abe01 01/08/17 12:54:25 PM
#21   Twitter updated. https://mobile.twitter.com/greatercannabis Gwinis 01/08/17 12:48:50 PM
#20   Got to love those GCC rings. abe01 01/08/17 11:59:22 AM
#19   Happy Sunday GCC https://youtu.be/5Jg4PgxQEZU Gwinis 01/08/17 11:56:50 AM
#18   Not sure who has final approval. for gcc abe01 01/08/17 07:44:46 AM
#17   Good morning GCCInc. Maybe that will be the Gwinis 01/08/17 07:42:40 AM
#16   Just sat down to read it GO UNGS abe01 01/07/17 12:41:37 PM
#15   #29 Sylios on Most Read Board today. Gwinis 01/07/17 12:39:30 PM
#14   http://greatercannabiscompany.x10.bz/. Good morning. This should ramp up quickly Gwinis 01/07/17 12:36:30 PM
#13   Do you think the exdividend date will be RussTheBus 01/07/17 10:02:07 AM
#12   Excited for the dividend! RussTheBus 01/07/17 10:01:13 AM
#11   What do you think GCCs top product will be? RussTheBus 01/07/17 09:53:45 AM
#10   Good morning GCC! RussTheBus 01/07/17 09:52:54 AM
#9   Abe folks will like this post if they Gwinis 01/07/17 09:49:40 AM
#8   Welcome to the New GCC Board abe01 01/07/17 07:45:48 AM
#7   GCC dividend payment Date is Feb 13th abe01 01/07/17 07:45:26 AM
#6   Sylios announces 500/1 share dividend for GCC abe01 01/07/17 07:44:49 AM
#5   The Greater Cannibis company is a spin off abe01 01/07/17 07:44:14 AM
#4   https://www.accesswire.com/452283/Sylios-Corp-Announces-Record-Date-for-Spin-Off Gwinis 01/07/17 03:51:12 AM
#3   http://www.sylios.com/gcc/ Gwinis 01/07/17 03:48:08 AM
#2   https://www.google.com/amp/s/www.yahoo.com/amphtml/sports/news/sylios-corp-spin- Gwinis 01/07/17 03:46:34 AM
#1   Go Sylios UNGS / The Greater Cannabis Company! Gwinis 01/07/17 03:44:24 AM
PostSubject