Sylios Corp. (fka UNGS)

[Trimdaddy50]

Multiple pennies coming sooner than most believe, market cap of 100 million in two months. IMO

This transaction is expected to be completed within the next 90 days, subject to customary closing conditions. 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."