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Re: -Awaken- post# 32349

Monday, 07/14/2014 11:10:59 AM

Monday, July 14, 2014 11:10:59 AM

Post# of 133793
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.

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