US Natural Gas Corp Announces Approval of Name Change and Effective Date
June 19 2014 - 9:45AM
Access Wire
Company to Launch New Corporate
Websites
ST. PETERSBURG, Fla / ACCESSWIRE / June 19, 2014 / US Natural
Gas Corp (OTC Pink:UNGS) (the "Company") announced that it has
received approval today from the Financial Industry Regulatory
Authority ("FINRA") for a change in the name of the Company
effective June 20, 2014. As previously announced, the Company will
formally change its corporate name to Sylios Corp and trade under
the same ticker symbol of "UNGS". The name change will become
effective at the start of trading tomorrow, June 20, 2014.
The new CUSIP number for the company's common stock is 871324
109. Stockholders with certificated shares should continue to hold
their existing stock certificates, and are not required to submit
their stock certificates for exchange. Direct registration accounts
and any new stock certificates that are issued after the name
change becomes effective will bear the name "Sylios Corp".
The Company will launch two new corporate websites. The parent
Company website will be available on June 30, 2014 at
www.sylios.com. The Company will also launch a retail website for
its new medical and recreational marijuana subsidiary, The Greater
Cannabis Company. The Company anticipates the launch of this
website on or before July 15, 2014 at
www.greatercannabiscompany.com.
About US Natural Gas Corp
US Natural Gas Corp is an independent energy company principally
engaged in the acquisition, exploration and development of mature
long-lived oil and natural gas properties. The company's current
operations are concentrated in the Appalachian Basin within the
states of Kentucky and West Virginia with core assets consisting of
17,000 acres of mineral rights leases and interest in approximately
150 oil and gas wells. More information on US Natural Gas Corp can
be found on the Company’s website at www.usnatgascorp.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, 2013, which
can be found on the OTC Markets website, www.otcmarkets.com.
Contact:
US Natural Gas Corp
(727) 821-6200
info@sylios.com
SOURCE: US Natural Gas Corp