Sylios Corp. (fka UNGS)

[PhisHD]

Some DD From the 10Q rec. on Nov. 14th:

Total Liabilities: $2,196,722

Total Assets: $5,913,178

Stockholders equity: $3,166,456

Page F-3

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8239606

In light of this disclaimer, management can underscore that with a market capitalization of approximately $250,000, the Company's current valuation is an approximately 90% discount to its book value of $3,166,456.

http://ih.advfn.com/p.php?pid=nmona&article=50867894

Share Structure
Market Value1 $329,070 a/o Mar 14, 2012
Shares Outstanding 365,633,608 a/o Nov 11, 2011
Float Not Available
Authorized Shares 200,000,000 a/o May 18, 2010
Par Value 0.001

http://www.otcmarkets.com/stock/UNGS/company-info

-Now on page F-8 of the 10Q it states how many shares can enter the market at certain prices...

-For example it states 210,687,322 were issued for debt reduction and can be sold between .001 and .01(the largest grouping)

-And 30,371,788 were issued for consulting services and other services between .002 and .012

-And 3,631,313 were issued for cash and can be sold between .008 and .015

-From the trading and the volume on the chart, most, if not all, of the largest group were already sold and I think some if not most of the 30 million + holding were sold by the trading and volume the recent month...This is my opinion of course!

-If this is true this could leave a clean shot to .01 without disturbance minus retail selling...

-Back to book value...Now if the company has $3,166,456 positive book value, we divide that by the 365,633,608 OS and PPS should be at .0086 given the book value from their 10Q!!!

-Now if the 2 largest groups of shares have already hit the OS then add 365,633,608 + 210,687,322 + 30,371,788 = 606,692,718 total OS!!

-And divide the book value of $3,166,456 by the possible OS of 606,692,718 and PPS should be at .0052!!!

-And let's not forget the company has the ability to buy back $400,000 worth of shares on the open market for the next 2 years as funds become available to allocate towards the repurchase!!

Under terms of the new plan, the Company is authorized to repurchase up to $400,000 of its common stock over the next 24 months.

http://ih.advfn.com/p.php?pid=nmona&article=50885365

So my conclusion as it stands is there are 365 million-606 million OS and...

The companies PPS should be between .0052-.0086!!!

A very possible 5-10 Bagga from here!!!