Sylios Corp Reports Financials to Become Current on the OTC Markets

ST. PETERSBURG, FL / ACCESSWIRE / May 7, 2015 / Sylios Corp (OTC Pink: UNGS), a holding company with operations engaged in the exploration and development of oil and natural gas properties, investments in equities and corporate debt and the development of products utilized in the medical and recreational marijuana industry today announced that the Company has filed its financials to become “Current” on the OTC Markets.

Sylios Corp recently filed the Company’s September 30, 2014 Quarterly Report and its December 31, 2014 Unaudited Annual Report to bring the Company current in its filings. After review by OTC Markets, the Company status should be elevated to “Current”. The Company’s March 31, 2015 Quarterly Report will be filed on Wednesday May 13, 2015.

In an update to its recent announcement regarding participation in the development of a new marina facility, the Company would like to inform shareholders of the following:

– A Phase I Assessment is being completed during the next two weeks which will be submitted with permits
– Two Marina & Coastal Engineering firms are being interviewed for the permitting process
– Current facility plans will undergo revision during the current month
– Permits are to be submitted during the second calendar quarter, as planned
– Bids are out for the development of a new website for informational purposes and to solicit pre-sales

The Company would also like to inform shareholders although its plans to open the GCC Superstore have been delayed it is committed to moving forward with these plans. The Company has selected a new front-end and back-end developer for the superstore which should make the customer experience seamless. A mock up of the new GCC Superstore should be available to the Company prior to month’s end. As soon as management signs off on the final design and layout, a “Coming Soon” page will go live at www.greatercannabiscompany.com.

Wayne Anderson, President of Sylios Corp, noted, “We are pleased to announce that Sylios is now current in its filings with OTC Markets. We look forward to announcing several positive developments moving forward as we grow our business operations in multiple segments.”

About Sylios Corp

Sylios Corp, based in St. Petersburg, FL, is a holding corporation with operations engaged in the exploration and development of oil and natural gas properties, investments in equities and corporate debt and the development of products utilized for the medical and recreational marijuana industry. More information can be found at the Company’s corporate website at www.sylios.com.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Additional risks and uncertainties are set forth in the Company’s Unaudited Annual Report for the year ended December 31, 2014, which can be found on the OTC Markets website, www.otcmarkets.com.

Contact:

Sylios Corp
(727) 821-6200
info@sylios.com

SOURCE: Sylios Corp

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