Replies to post #108478 on Sylios Corp. (fka UNGS)

[29YEARINVESTOR]

Welcome Aboard traders, Groups, and Whales.
Actually Gwinis posted every thing on the IHUB page just start at the top of the page and read your way down or you can go to the Sylios Website: http://www.sylios.com
UNGS - Tues - last day to get DIVVY!
UNGS Giving a GCC Greater Cannabis Company Divvy

The Company will retain a 19.99% interest in GCC, with 80.01% of the common shares of GCC distributed to Sylios common shareholders. The total number of common shares of GCC post spin-off will be approximately 27.5 million.

After UNGS divvy it looks like Doc Anderson will OFFER Shares holders a few more Shares for .25 which will increase the GCC O/S from 27.5 million to 29.5 Million O/S.

The offering will give each shareholder the right to purchase additional units in GCC for a defined period of time. Shareholders will have the right to purchase additional units of GCC at a fixed price of $.25/unit for a total equity raise of $500,000.00. In the event the Rights Offering is fully subscribed, GCC will have 29.5 million common shares outstanding with a market capitalization of $7.4 million. The Company plans to use the proceeds from the rights offering to provide equity capital to support the continuing execution of the Company's growth strategy plans, acquisitions and general business development.


The Record date for the stock dividend is set at February 3, 2017 with the Ex-Dividend date at February 1, 2017. The stock dividend will be payable February 13, 2017 to shareholders. In order for shareholders to receive the stock dividend, they must own shares of Sylios Corp prior to the Ex-Dividend date.

Important Dates:

Record Date-February 3, 2017
Ex-Dividend Date- February 1, 2017
Payment Date- February 13, 2017

Who gets shares of GCC?

Holders of Sylios Corp common stock, (OTC Pink: UNGS), as of the close of business January 31, 2017.

If I buy shares of Sylios Corp on February 1, 2017 or after will I receive shares of GCC?

No.

How many shares will I receive?

You will receive 1 share of common stock of GCC for every 500 shares of common stock you own of UNGS.