UNGS OWNS 19.99% OF GCANS O/S FROM THE TIME OF THE SPIN-OFF.
UNGS gave it's shareholders the other 80.01% of GCAN as a Free dividend
Some one do the Math How much does that Make UNGS worth. Now if UNGS Would rescind the Proposed R/S like it did in 2015. I think traders would jump all over it again too.
WoW Just WoW How Lucky UNGS has made Us with the GCAN Spin Off now that GCAN has acquired Green C.
The Green Rush is On and We Own It!
I have nearly 300,000 FREE GCAN DIVIDENDs. After turing about $26,000 on UNGS January thur March 2017 Run last year selling Doubles and Triple. Plus I'm still Riding 100's of millions Free UNGS Shares and plus the free AMDAQ dividend plus another one on the way.
It also appears UNGS will Still receive Bud bank royalties which is better than ownership IMO:
"On April 21, 2017, the Company entered into a definitive Asset Acquisition Agreement (the "Agreement") with The Greater Cannabis Company, Inc. ("GCC"), whereby GCC will acquire the Company's wholly owned subsidiary Bud Bank, LLC ("Bud Bank"). Under the Agreement, GCC is obligated to pay the Company a royalty of 10% of net sales proceeds generated by Bud Bank through its operations up to a total of $50,000 and thereafter for perpetuity pay a royalty of 3% of net sales proceeds generated by Bud Bank through its operations. The transaction closed on June 21, 2017 concurrent with the Company's filings with the State of Florida. The transaction closed on June 20, 2017."
If this is still the Case which I believe it is. UNGS can still be considered a Cannabis Stock thru Subs and Royalties IMO
Amongst many businesses or subs:
Sylios Corp, based in St. Petersburg, FL, is a holding corporation with operations engaged in the exploration and development of oil and natural gas properties, site specific real estate development, equity and debt investments and the licensing/joint venturing of alternative products. Founded in 2008 as a Florida corporation, the Company launched its operations as an independent oil and natural gas exploration and production company. The Company's core operation has been the acquisition and rework of previously drilled oil and natural gas wells located in the states of Kentucky and West Virginia. Since its founding, the Company has formed several subsidiaries to expand its operations into new and exciting fields. The Company's wholly owned operational subsidiaries include: E 2 Investments, LLC, US Natural Gas Corp KY and US Natural Gas Corp WV. The Company also owns a minority stake in The Greater Cannabis Company, LLC.
