Replies to post #122333 on Sylios Corp. (fka UNGS)

[Sheepdog]

That would be vintage Wayne. Spin it off then merge it back.

Double the scam value of a worthless POS.

FINRA will love it.

Summary
Date/Time Event Type Eff/Ex Date/Time Symbol Issue Name Market
10/02/2017 00:00:00 Spin-Off UNGS Sylios Corp. Common Stock Other OTC
Comments
Common Shareholders of Sylios Corp. (UNGS) shall receive 1 common restricted share of Amdaq Corp. for every 750 common shares held of UNGS. Will not be quoted ex

[robtewms]

It gets complicated fast in the Three Card Monty. But, this is the scenario as I understood it. UNGS acquires and spins off AMDAQ to UNGS shareholders. And, in order for AMDAQ to go public, AMDAQ finds or is found by an already public company and Reverse Mergers AMDAQ into it. Thereby, AMDAQ shares are converted into shares of the acquiring company and become free trading. Some AMDAQ shares could be bought using a Tender Offer.

If I understand your scenario, AMDAQ and UNGS could Reverse Merger together into the same company as a package deal. And, don't forget GCAN that is already a public company in the process of an IPO. GCAN could be that public company in the deal from the scenario I mentioned at the top. That could mean more GCAN shares. Or as Wayne might say: Mo Divvy, Mo Divvy, Mo Divvy.