Replies to post #124456 on Sylios Corp. (fka UNGS)

[29YEARINVESTOR]

Wow I just checked out the Firna daily list and it shows UNGS traded 15,306,572,656 shares Year to Date
(YTD) Thats over 4 billion more UNGS shares trading YTD than UNGS has. No wonder UNGS had that 200% Jan. run that lasted Until March
Who's got all them extra 4 billion UNGS Shares?
Check it out here: Type UNGS in the Symbol or issue name and hit enter
http://otce.finra.org/MonthlyShareVolume

[Sheepdog]

It's far more than 11 Billion. Don't forget Weenie Wayne's RS split of 1 for 300.

That was not a recapitalization. When Wayne "took over" in 2010, the OS was 149M and he went on a toxic loan and share selling spree taking the company to a staggering equivalent of 85 Billion shares O/S at the Reverse split in august 2013.

That is a staggering 57,000% dilution in three years.

And now we sit 4 years later and it has again "grown" from 285 Million to 11 Billion....another $3900% dilution.

And now we have the invention of the equivalent of 31 TRILLION common shares in the convertible "D"s. That sounds terrible until we realize that Wayne has already sold the equivalent of 3.3 TRILLION pre split shares.

And what do shareholders have for those 3.3 TRILLION shares?

A NEGATIVE $2.1 Million in net assets.

Lordy