Sylios Corp. (fka UNGS)

[Black40]

UNGS will continue to dilute until the company can get some financing or the company starts making some money. The only type of financing they can get now is to give out shares to vendors for accounting, consulting, well supplies, etc.. I can live with the fact the share count may get up to 250m shares or so, but they better be profitable. Wayne Anderson is getting the wells operating( Oil and Gas) and being very methodical in doing so to keep the costs down, etc, but man it’s taking a while. I thought they were close last fall to be breakeven, but I was wrong. I may average down some from my $.011 average, but I feel it will go lower before the price recovers. Risk and reward investment here.