Sylios Corp. (fka UNGS)

[pipedreamz76]

Plus all these statements are "forward looking statements."
On top of that, it only says the company is Authorized to repurchase up to 400k worth of stock. It also states,

Acquisitions of stock under the repurchase plans will be made from time to time at prices prevailing in the open market or in privately negotiated transactions as permitted by securities laws and other legal requirements, and subject to market conditions and other factors

. Basically, this tells me, they will repurchase stock as cash and conditions permit. yes it does say they want to have the purchase plan completed by end of fiscal quarter 2, but this is also a forward looking statement.

As of this time there is no reason for concern. Im waiting for the next couple of 10-q's to come out and see if rev's increasing, expenses decreasing, debt being reduced, etc. I will keep adding throughout that time.