Sylios Corp. (fka UNGS)

[29YEARINVESTOR]

What would happen here if GCAN makes UNGS enough Money to Buy Back Shares?
Might want to re-check that math I thank ya figured 3 million shares. UNGS got 5,378,476 shares of GCAN it really depends on the price of GCAN though.

5,378,476 x .50 = $2,689,238
high today .735 = $3,953,179.86

See the bottom of pg. F8

https://www.otcmarkets.com/filing/conv_pdf?id=12926904&guid=L_4ZUHDJT6MZi3h


Spin-Off
Effective March 10, 2017, in connection with a partial spin-off of the Company from Sylios Corp, the Company issued a total of 26,905,969 shares of its common stock. 5,378,476 shares were issued to Sylios Corp (representing 19.99% of the issued and outstanding shares of Company common stock after the spin-off) and 21,527,493 shares were issued to the stockholders of record of Sylios Corp on February 3, 2017 on the basis of one share of Company common stock for each 500 shares of Sylios Corp common stock held (representing 80.01% of the issued and outstanding shares of Company common stock after the spin-off).
F8