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.
US Natural Gas Corp
SOURCE: US Natural Gas Corp