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He also attached a brocure, which shows clients BMW, Mini Cooper, Disney, Harmon Kardon, Alessi, Dixons (UK), Rogers Media.
"Our Retail partners include BMW , Pharma 24, Hello Kitty, Galway Hospital (Ireland), George Elliot Hospital (UK) and Newark airport to name a few."
"Some of the Brands we are currently working with and that have shown great interest are Swarovski, Bodybuilding.com, Porsche and Mercedes."
I'm not sure how I reached him, but here is a reply from Signifi.
"Thank you for reaching out to us regarding our line of Automated Retail kiosks. I’m unsure at this point if you are looking into our line of Automated Retail Kiosks or our line of DVD Rental Kiosks. If you require information on our DVD Kiosks please let me know.
Signifi designs, integrates and manufactures robotic solutions, aesthetic enclosures, develops all software (customizable Branded User Interface with powerful Merchandising tools) and provides a great analytic back office to manage the business from Inventory control, transaction reporting to customer interaction.
Our Intelligent Retail Solutions provide extra distribution points and a branding opportunity to place and extend your brand into high traffic areas like Airports, Transportation Hubs and into Retail Shopping Malls where you might not have a brick and mortar presence. We provide custom enclosures and marketing expertise for your retail offerings.
Spot Shop - Signifi is now working with Agencies to provide promotional solutions to their clients - without the overhead of a traditional brick and mortar store. Our Retail partners include BMW , Pharma 24, Hello Kitty, Galway Hospital (Ireland), George Elliot Hospital (UK) and Newark airport to name a few.
We have various models that we can advise you on and which will best suit your requirements - from Hard goods (Rigid Packaging) to Soft Goods ie Clothing. Our Gentle method of dispensing and delivering the product leads the industry. Our various model solutions and pricing range from lease financing, managed services and capital purchase.
We exhibited at the National Retail Federation (NRF) show New York NY, Javits Centre - Jan 13, 14th with resounding success. And we just launched for BMW – their Mini Cooper Solo Kiosk at the Toronto International Car show dispensing Mini Cooper accessories. Some of the Brands we are currently working with and that have shown great interest are Swarovski, Bodybuilding.com, Porsche and Mercedes.
Signifi (since 2005) is the Integrator - we develop the software as well design and assemble the hardware. Our expertise is Self Serve Robotics and Software, as well – complete support.
Please get back to me with any questions that you may have. I would like to schedule a call with you to discuss our services and how we can integrate into your retail plans, resulting in increased sales and brand reach."
Idk. I'm just here for the signifi retail revenue. But it's fun to look for the other possibilities that could be in the works. Until the company tells us something, it's just speculation at this point.
How about invergy.com as one?...
Domain Name: INVERGY.COM
Registry Domain ID: 1845093690_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2014-02-01 20:08:49
Creation Date: 2014-02-01 20:08:49
Registrar Registration Expiration Date: 2016-02-01 20:08:49
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Wayne Anderson
Registrant Organization: US Natural Gas Corp
Registrant Street: 735 Arlington Ave N
Registrant Street: Suite 308
Registrant City: St Petersburg
Registrant State/Province: Florida
Registrant Postal Code: 33701
Registrant Country: United States
Registrant Phone: +1.7274821505
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: wa@usnatgascorp.com
Website was updated on Friday. Any day now. It's coming.
Domain Name: SYLIOS.COM
Registry Domain ID: 1853636932_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Update Date: 2014-07-11 10:46:43
Creation Date: 2014-04-06 16:53:57
Registrar Registration Expiration Date: 2016-04-06 16:53:57
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email: abuse@godaddy.com
Registrar Abuse Contact Phone: +1.480-624-2505
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Domain Status: clientRenewProhibited
Domain Status: clientDeleteProhibited
Registry Registrant ID:
Registrant Name: Wayne Anderson
Registrant Organization: US Natural Gas Corp
Registrant Street: 735 Arlington Ave N
Registrant Street: Suite 308
Registrant City: St Petersburg
Registrant State/Province: Florida
Registrant Postal Code: 33701
Registrant Country: United States
Registrant Phone: +1.7274821505
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: wa@usnatgascorp.com
I agree. The audited financials was the biggest update for me. It offers more confirmation that Sylios is going to be a good investment. Although, I did think the assets were already sold. So this is just more cash coming in, which is nice. It could be used for some MJ related aquisitions for the Greater Cannabis subsidiary. I also forgot about the $1 million UNGS is owed.
SLMI Options, LLC ("SLMI")
SLMI is a wholly owned subsidiary which focuses on the acquisition of corporate debt. SLMI was acquired by the Company in 2009 and currently holds in excess of $1.0 million in third party corporate debt.
It's nice that UNGS has ways of generating cash for these aquisitions without solely relying on handing out shares.
Sylios Corp. Analyst Report
A New Cannabis Business and a Merger in Retail (OTCBB: UNGS)
735 Arlington Ave. N
Suite 308
St. Petersburg, FL 33701
http://www.usnatgascorp.com
HIGHLIGHTS
Authorized Shares 2,000,000,000 a/o 3-31-13
Shares Outstanding 576,332,161 a/o 3-31-14
Float 233,459,081 a/o 3-24-14
Avg Vol (3 month) 34,587,429
52 Week Range .0004 - .03
THE COMPANY
Through its subsidiaries the company operates 115 natural gas wells, 33 oil wells, and maintains a leasehold base of approximately 17,000 acres in the Appalachian Basin. The Company's current business activities focus primarily on exploration and drilling.
Subsidiaries:
US Natural Gas Corp KY ("USNG KY")
USNG KY is a wholly owned subsidiary responsible for the Company's oil producing properties in Kentucky. Presently, USNG KY operates thirty oil wells of which 14 are in production in southern central Kentucky, and maintains a leasehold base of approximately 5700 acres. USNG KY will continue to rework and place acquired wells into production. USNG KY recently launched a new drilling program targeting the Knox formation on the Turner leasehold in Green County, Kentucky with a goal of drilling three to four wells prior to year's end.
US Natural Gas Corp WV ("USNG WV")
Formerly Wilon Resources, Inc., USNG WV is a wholly owned subsidiary which is responsible Company's natural gas development project in Wayne County, West Virginia. USNG WV operates 115 natural gas wells, 3 oil wells, and maintains a leasehold base of approximately 12,000 acres. The Company is placing the wells back into production on an individual basis after a series of tests and installation of completion components. At present, the Company has 30 wells in production and anticipates this number to increase to 60-65 by the end of August.
E 3 Petroleum Corp ("E 3")
E 3 is a wholly owned subsidiary which is the sole operating and bonding entity for the Company's wells in the states of West Virginia and Kentucky.
E 2 Investments, LLC ("E 2")
E 2 is a wholly owned subsidiary which focuses on acquiring assets valued or equities trading at inherently depressed levels. At present, E 2 owns the mineral rights on 180 acres of land in Wayne County, West Virginia, and a minority stake in a publicly traded specialty retailer catering to the hunting industry.
SLMI Options, LLC ("SLMI")
SLMI is a wholly owned subsidiary which focuses on the acquisition of corporate debt. SLMI was acquired by the Company in 2009 and currently holds in excess of $1.0 million in third party corporate debt.
The Greater Cannabis Company, LLC ("GCC")
GCC is a wholly owned subsidiary which focuses on the medical and recreational marijuana market. GCC will focus on the addition of new products through joint ventures and/or acquisitions which cater to this newly expanding field.
UNGS announced that it has entered into a Letter of Intent to acquire Signifi Solutions, Inc. Since the company started, 10 years ago, Signifi has designed automated retail solutions for a wide array of products including perishables requiring temperature control. Signifi has years of operational experience with scaled rollouts and currently has several marquee customers which include BMW, Mini Cooper, Videotron, and Rogers Wireless. The acquisition should be completed this summer. Signify is a private Canadian company and details of their financial condition are not available making it difficult to determine the impact of a merged enterprise.
On July 11, 2014 , the company announced via an Interim Financial Report that it hired an accounting firm to prepare audited financial statements for the fiscal years ending December 31st, 2011, 2012 and 2013.
RECENT NEWS
ST. PETERSBURG, FLA / ACCESSWIRE / April 30, 2014 - US Natural Gas Corp (OTC Pink: UNGS) is pleased to announce that it has entered into a Letter of Intent to acquire Signifi Solutions Inc.
Headquartered in Ontario, Canada, Signifi is a global leader in automated retail solutions. Signifi has been an innovator in the industry for over ten years. The Company projects revenues of $5 million USD for 2014, and is projecting future revenues of $50 million USD from leading online and brick and mortar retail customers. The Company designs, builds and implements state-of-the-art automated retail solutions, utilize cutting edge software and robotic technologies, for a wide range of clients including multiple Fortune 500 corporations. Management has also identified a significant demand for its products in the rapidly expanding medical marijuana industry and is already taking the necessary steps to develop those interests.
This transaction is expected to be completed within the next 90 days. It is expected to be immediately accretive to US Natural Gas Corp's cash generation and earnings per share within
the first 12 months after closing. Specific terms of the transaction will be disclosed at a later date, but Signifi will have majority control of UNGS at the time of closing.
"This is the right time for us to acquire a company of Signifi's reputation, experience, growth record and scale in North America," said Wayne Anderson, President, US Natural Gas Corp. "With the recent realignment of our operating subsidiaries, the addition of Signifi will complement our business model and move the Company towards profitability and increased shareholder value."
"We are excited to become part of US Natural Gas Corp," said Shamira Jaffer, President of Signifi. "This opportunity will allow us to leverage our collective knowledge and experience to build a stronger U.S. presence while augmenting our current retail channel strategies. Our new target markets will include emerging industries such as medical wellness and medical marijuana dispensing solutions where we see tremendous growth potential over the coming years.”
ST. PETERSBURG, FL / ACCESSWIRE / April 7, 2014 - US Natural Gas Corp (OTC Pink: UNGS), an energy exploration company with operations in the Appalachian Basin is pleased to update shareholders on its current and future operations.
On April 2, 2014, the Company's Board of Directors voted to change the name of US Natural Gas Corp (the publicly traded entity) to Sylios. In addition, the Board of Directors voted to change the name of the Company's natural gas subsidiary, US Natural Gas Corp WV, to US Natural Gas Corp. The changes were approved by shareholders holding a majority of our outstanding voting capital stock on March 31, 2014. An amendment to the Company's Articles of Incorporation was filed with the Florida Department of State, Division of Corporations, on April 4, 2014. Once the date stamped amendment is received, the Company shall file the appropriate documents with Finra for the name change and requesting a new trading symbol.
ST. PETERSBURG, Fla. March 17, 2014 -- US Natural Gas Corp (OTC Pink:UNGS), an energy exploration company with operations in the Appalachian Basin is pleased to inform shareholders that the Company's Board of Directors has elected to realign its hierarchy of operations and further expand operations with the formation of a new wholly owned subsidiary.
In an effort to more accurately reflect the Company's operations, the Board of Directors has approved several key changes to be implemented within the coming weeks. Included within these changes will be a name change to the parent Company to better reflect its role as a holding company. The Company's current subsidiaries will remain active with the possibility of name changes to one or more.
The Company has formed a wholly owned subsidiary whose operations will concentrate on the medical and recreational marijuana market in the southeast.
MANAGEMENT
Wayne Anderson:
President, Principal Financial Executive, Secretary
Wayne Anderson is acting President and Chairman of the Board of US Natural Gas Corp and has served in the capacity since the Company's inception. Prior to founding the Company, Mr. Anderson served as the Managing Member and co-founder of Around the Clock Trading and Capital Management, LLC, an investment management company and the General Partner of Around the Clock Partners, LP. Through Around the Clock Partners, LP, Mr. Anderson made significant key investments within the natural resources sector. Mr. Anderson completed his undergraduate education at the University of Georgia and received his Doctorate degree from Temple University.
Jim Anderson:
Vice President
Jim Anderson is the acting Vice President and serves as a Director. Mr. Anderson has been involved in commercial and residential real estate for more than 35 years. Mr. Anderson brings a diversified business background in mergers and acquisitions, site selection, project planning and business strategy. Prior to Mr. Anderson's commercial and residential real estate career, he worked at Ashland Oil for 12 years. While at Ashland Oil, Mr. Anderson was in charge of leaseholds, land acquisitions, and site selection. Mr. Anderson completed select undergraduate studies at Middle Georgia College.
Shannon Bell:
Executive Assistant
Shannon Bell has served as the executive assistant for the Company since December 2009. As the executive assistant, Ms. Bell provides general administrative support for the President and overall administrative management for the office. In 2008, Ms. Bell served as an assistant for a regional medical office. Immediately prior, she served as office management for a high end retailer in Orlando, Florida. Ms. Bell completed select undergraduate studies at Caldwell Community College in North Carolina.
CONCLUSION
The shift into a new business model can only mean good things foe UNGS. The company was not generating enough revenue from the oil & gas business and the revenue had been falling since 2010. Signifi is a private company with reported revenue of $5 million. UNGS has stated that Signifi will own a majority of the merged company. Investors aren’t aware of the finances of Signifi so it becomes difficult to ascertain the impact the merger will have on shares held by investors but considering the statements made by the company’s executives a joining seems like a win-win merger.
When the dust settles in the near future UNGS will be a company involved in the oilfield, natural gas, and cannabis and retail automation. That’s a lot of diversity and perhaps the company will spin off one of those sectors enhancing investor value in the process. Spinning off the oil & gas subsidiaries would make sense as there doesn’t seem to be any symbiosis with the newly announced businesses and revenues have been soft in that sector of the UNGS
I am long on UNGS because of the way the company is reinventing itself and I like the look of the future for these shares.
SOURCES:
USNG Quarterly Report Issued 5-14-14
www.yahoofinance.com (news feed)
www.usnaturalgascorp.com
UNGS Interim Financial Report Issued 7-11-14
Mark Roberts has been a long time trader on Wall Street and an executive at several companies in the private sector. Mr. Roberts brings his experience as a CEO, stock trader and private equity advisor to the Research Reports he writes.
This business analysis contains information and data about companies and Markets that can become outdated in the fast paced world of business. Please check the date this report was published to ensure the information within is still viable.
Disclosure: I have no positions in any stocks mentioned in this report. I wrote this report myself, it expresses my own opinions and is written in good faith. The compensation I receive is not related to the views and opinions expressed in this research report. I have no business relationship with any company whose stock is mentioned in the article. None of the information or opinions expressed constitutes a solicitation for the purchase or sale of any security. This report is the property of Mark Roberts and/or the publisher that paid for it and any reproduction in whole or in part is expressly prohibited without permission.
http://smallcaptraders.com/wp-content/uploads/2014/07/UNGS-MR-BB-SCT.pdf
Thanks. It seems like every time I search for info on signifi, I find a new little nugget to explore. Filings, articles, blogs, videos, photos.... There is a ton out there that supports the idea that signifi will be a big player in the near future. All we need is confirmation of the acquisition and we are set.
UNGS wouldn't care about audited financials if this deal wasn't going to happen. It is just another hint, in my opinion, that the deal is still in process.
New filing. Audited financials to remain fully reporting.
http://www.otcmarkets.com/financialReportViewer?symbol=UNGS&id=123353
For those that don't know what they own...
Both legit filings. Followed up with PR's.
"The Company intends to use the proceeds from the sale of these assets to complete its recently announced acquisition, further expand the operations of its newly formed subsidiary, The Greater Cannabis Company, LLC, and to repurchase shares of its common stock under the Company's Share Repurchase Plan."
http://www.otcmarkets.com/financialReportViewer?symbol=UNGS&id=119872
"On April 25, 2014, the Company entered into a Letter of Intent with Signifi Solutions, Inc. ("Signifi") for the acquisition of all of the outstanding shares of capital stock of Signifi. The transaction is expected to be completed within the next 90 days, subject to customary closing conditions. Terms of the transaction were not disclosed."
http://www.otcmarkets.com/financialReportViewer?symbol=UNGS&id=119334
BMAK and VFIN both on the bid at 24?
That happened as soon as I put in my order. I tried to hit the ask at 27 for 360k, but it only gave me 10k. However, it printed as 26 (it definetly gave them to me at 27 though.)
Just got the rest of my order.
CSTI bidding 10 million @ 19
oh heck yeah. I'm only looking at existing products for now, but once they get into the MJ business, we go to a whole new level. These machines are perfect for MJ. Inventory control, I.D. verification, zero theft. It's a perfect fit.
Guess Best Buy doesn't agree with you.
http://www.bestbuy.com/site/Store-Locator/Kiosk/pcmcat259500050000.c?id=pcmcat259500050000
Yeah.... I know.
I'm talking about ecoATM.
"But Outerwall added a potential game-changer by purchasing San Diego startup ecoATM for $350 million. EcoATM kiosks enable consumers to recycle their old smart phones, tablets and MP3 players for cash."
New advertising brochures
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103951005
I agree. Redbox does project 4-7% growth annually for the next few years, but I think that market is peaking and due for a decline. More to my point though, a company of this size is shifting it's focus on the retail vending, like what Signfi is already doing.
All of the recent articles I have read regarding Signifi mention the automated retail machines. I don't see them promoting the DVD machines at all. Check out the brochures I found in my last couple of posts. It's all about selling merchandise.
If Outerwall bought this small kiosk company for $350 million, why couldn't Signifi be worth this much as well?
Awesome article... shows potential of this business.
http://upstart.bizjournals.com/companies/innovation/2014/07/06/from-coinstar-to-outerwall-redbox-parent-keeps.html
Coinstar acquired Redbox in 2009, and now is named Outerwall. The DVD market is still growing, but they are looking to diversify. Outerwall has a $1.2 billion market cap. I know Signifi isn't this big, but it shows there is money to be made in this industry.
"But Outerwall added a potential game-changer by purchasing San Diego startup ecoATM for $350 million. EcoATM kiosks enable consumers to recycle their old smart phones, tablets and MP3 players for cash."
$350 million! for a start up company, that makes kiosks!!!
David Dickson, finance and project management, investment slideshow.
Tom hall is VP of business development. Client relationships with best buy, IBM, and Rogers.
Shamira Jaffer, CEO. Previously founded BMS in 1987. Reached $85 million in revenue by 1999. Founding member of esprida, which has contracts with Kodak and Bank of America.
"Massive market demand: capital and resources are required to develop faster and deliver efficiently"
It sounds like they have lots of interest, but since they are a small company, it is tough to deliver product quickly. Going public is the first step to becoming big enough to support large scale contracts.
They have insane connections. If this merger goes through, I can't even imagine the possibilities.
I'll be buying more as soon as my funds clear on Tuesday. Stupid 3 day rule. Oh well, guess averaging up isn't a bad problem to have.
http://www.slideshare.net/mobile/david_dickson40/signifi-investment-skj-aug-2011
Check out David Dickson on LinkedIn. 6 years with McDonald's, 6 years with Pepsi. He's a heavy hitter with experience in billion dollar companies.
https://touch.www.linkedin.com/?sessionid=7515818915004416&as=false&can=http%253A%252F%252Fwww.linkedin.com%252Fpub%252Fdavid-dickson-cma-pmp%252Fb%252F840%252F370&rs=false#public-profile/http%3A%2F%2Fwww.linkedin.com%2Fpub%2Fdavid-dickson-cma-pmp%2Fb%2F840%2F370
David Dickson is head of financing and project management for signifi. He has 4 presentations posted. 3 of them have Signifi's name on them. The 4th is Nutech. Who the heck is that? A lot of the Nutech presentation sounds familiar to signifi. Could they be connected somehow?
Check out all 4 of his slideshows and help me put this puzzle together!
In the "automated retail" presentation they say walmart reached out to signifi after not being able to negotiate with zoom systems. Zoom reached $120 million in revenue in 2009. No idea where they are today.
Found some investment presentations from signifi.
http://www.slideshare.net/mobile/david_dickson40
VFIN on the bid now
Anyone else see this? Awhile ago there was some speculation that there was a Rolex deal. Now this brochure showing a Rolex kiosk.
If signifi can get just 0.1% of that 8 billion industry, that's $8 million!! And they are already ahead of the curve in terms of technology so I'm optimistic that they will be a bigger player.
Yeah... I'm excited!
Just deposited more funds but stupid 3 day rule. Won't be buying till Monday
"By 2016, automated retail will be a 8 billion dollar industry."
2 new advertising brochures for Signifi.
One picture shows a kiosk for Canon, Sony, Samsung. The other is for Rolex, Boss, Chanel. They also show the Quattro clothiers kiosk, which is already advertised on the website.
http://www.kioskmarketplace.com/static_media/filer_public/12/87/12877d47-4a71-4555-9567-b2bd5a321333/auto-retail-brochure.pdf
http://www.kioskmarketplace.com/static_media/filer_public/05/ea/05ea253d-6d6f-40be-853c-652b4b5278d9/retail-brochure.pdf
This is fun. There is a Signifi machine on a University campus. Looks like $19k is the going rate for a DVD kiosk.
http://inside.fdu.edu/features/clickaflick.html
Another gem today.... from Signifi, via Twitter, just a few months ago.
"We will see more disruption in the next ten years of retail than we did in the previous one thousand." pic.twitter.com/kwRmZD3Bjt
— Signifi Solutions Inc. (@teamsignifi) March 21, 2014
Rogers is big money. I know because I'm from Buffalo and all I ever hear about is how Rogers wants to buy the Bills. They pretty much dominate the Ontario/Mississauga area, where Signifi is located.
There is a product I didn't even know about, used in Rogers Communications stores. The Guided sales assist kiosk.
http://signifi.com/index.php/guided-sales.html
Click on the video demonstration tab, and you see it in a Rogers store in Canada.
The Guided sales assist is also built on the Esprida platform. (remember, Jaffer is a founding member and was V.P. of Esprida).
I can't see how Signifi would go public, and not bring Esprida with them. The Esprida software seems critical to Signifi success.
thanks. good to know banks are on board now. I was not aware of that.
This video was from just last year, showing the internals of the DVD machine.
This article talkes about the Medbox machine.... one of the biggest competitors.
http://www.bostonmagazine.com/news/blog/2013/04/03/medbox-medical-marijuana-vending-machine/
It sounds fancy at first, but in the end it's just another candy bar vending machine!
Signifi's machine is way better. All the I.D. verification, payment, inventory tracking... etc is all directly integrated in the machine.
Medbox has a market cap over $530 million, by the way. UNGS... $1.2 million
I've seen that there before. That is a "showcase" page. There is another page for the company.
https://www.linkedin.com/company/123141?trk=tyah&trkInfo=tarId%3A1404216851388%2Ctas%3Asignifi%20solu%2Cidx%3A1-1-1
They recently had a job posting on there.
New Sylios logo on otcmarkets? New email address as well.
http://www.otcmarkets.com/stock/UNGS/profile
over 7 mil hit the ask at 21. BMAK gone
The pr regarding the menetwork mobile wallet hasn't been discussed much. But the more I look into it, the more I like this relationship. Spindle acquired the Menetwork last year. Spindle has partners including amazon and Bank of America. The Menetwork is a free App for both iPhone and android. The mobile wallet stores credit/debit/gift card info and can be used to pay for purchases.
It is in line with their strategy of being the top of the line kiosk. Best in class.
Anyone familiar with the banking issues regarding the purchase of medical mj? I think there are issues with banks because of federal regulations, so all of this business is done in cash. Does the mobile wallet provide a loophole around that?