Replies to post #115556 on Sylios Corp. (fka UNGS)

[Sheepdog]

The same applies to unregistered shares. And a PP can be made to a limited amount of unaccredited investors... I think that 35 is the max under one of the rules....but a form D must be filed within 15 days of the first sale in the offering. It appears that Wayne has not only NOT filed a Form D, he has not even obtained the EDGAR codes to do so.

And yes, EXEMPT unregistered shares can be freely traded....for example all of the shares he gives his toxic lender friends are EXEMPT unregistered shares that are immediately dumped on the open market....aka us.