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Re: aliasy987 post# 70394

Thursday, 05/21/2015 8:39:06 PM

Thursday, May 21, 2015 8:39:06 PM

Post# of 133793
BASHERS: TRY HARDER OR GO HOME!

Read below from the PR this morning and let me know which part of it do you not understand:

The Company has elected to place its Kentucky oil and gas operations up for sale to generate the required capital needed for its marina development(s) project and its cannabis division. By doing so, the Company will divert itself from raising capital through dilutive means.

Wayne Anderson, President of Sylios Corp, noted, “I am pleased to be able to provide shareholders with an update on all operational fronts. Each of the projects detailed will have an impact on the Company's revenue in the second half of 2015 and through 2016."

Source: Today's UNGS PR

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