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If that is true then I feel a lot better. Do not think anytime soon considering the depressed oil market and virus19. The stock would keep going down after r/s. Merger?! Who knows.
There shall be a r/s sometime down the line. I just hope it is not crazy with the count like 1 for 1000, otherwise, the investment would be too much for such a high risk operation, and even though my average per share is .013 with 881000 shares, it just would not be worth the risk if shares are taken away. But anyway....I was aware of this possible when I bought in. At least I hope it is not done until drilling is started. Drilling alone will cause the SP to rise. If I recall correctly, the SP was .06 when they cease drilling tau-2.
You hit the fly on the head in your last paragraph. I did write to Tadlock to the Texas address. But no reply. He has addresses across the U.S. map, but anyway, I am not willing to call this matter a Greek Tragedy just yet. Him (CEO) getting the company going again makes good business sense to me. And I do not believe he is financially unable to do so.
Seitz would not have a r/s in order to maintain OTCQM status just to avoid pinkland.....would he? Any thoughts? I worry.
Why has a sizable company like VTGDF stock been selling under .05 for the past 5 years, considering their common count though not ideal, but still not too high?
Are you saying Seitz has invested his own money in GSPE?
Just a few minutes ago. I hope you are right.
Has anyone noticed the new website 2020? It is not as pretty as before! As each day goes by we get closer to drilling again and may be .06 PPS.
Nice read, thanks. I am beginning to believe we will not get the drilling permit until this virus-19 is over. You know the way the government works....slow. Excellent, in depth and very uplifting read on DK at www.seekingalpha.com. Dated Sept. 07 2020.
I worry....I worry that Delek may exit GSPE due to their own financial concerns. On GulfSlope page at Schwab: Schwab rating 9/11/2020 for GSPE: F. CFRA opinion 9/12/2020:SELL. Market Edge second opinion 9/10/2020: AVOID. And still, I bought this morning....again. And intend to stay for a while.
Smith. Where do you get your information on the activity of Delek.....is it DGRLY?
I shall write Mr. Tadlock as I do have his address and also the Greek law firm address employed by Box Ships. Very sorry about your lose, and thanks very much on finding and posting the news article. Very interesting indeed.
I did get a phone call from Silver Law Group. Now I intent to write Mr. Stephen M. Chu, a major stockholder (5% o/s), a letter. I want to find out if we have a legal case against Bodouroglou.
I believe the drilling permit was expected in March. And here we are, now closing in fast toward the hot summer days of August. Has something gone wrong....even with, or without the plague?
google:WWW.SILVERLAW.COM....Silver Law Group. They have had dealings with Box Ships Inc. in the past. Stating on their Box Ships webpage: If you have suffered loses in Box Ships Inc., please contact our lawyers for a free and confidential consultation concerning your legal rights and the possibility of recovery- And with that said I filled out the form on their website explaining in some detail Mr. Bodouroglou transferring Box Ship Inc. assets (two ships) to his own shipping company (Allseas) without returning and thus leaving Box Ships with no ships to generate future revenues. I also stated there are many shareholders with millions of common shares who want Mr. Bodouroglou to pay full present value of these assets and income loses since the transfer. I sent this notice to Silver Law Group today. So we shall see. Send them your concerns, too, if you like.
SP .02 by mid August. Why? DOW is strong. GSPE high volume lately, drilling permit coming and oil price is rising.
Does anyone know whom is running this company? I have not found any up dated information.....and their website show no management names.
Argentina has already stopped importing oil and put a freeze on falling oil prices in order to protect the domestic oil sector.
Wonder what is holding up the permit? Just a side note. Chesapeake Energy (CHK), a large oil and gas company, just had a 1 for 200 R/S. But then, they had over 10 billion common....now 9.5M.
OPIC members, Russia and non-members to meet April 8, 2020 in hopes to cut supplies. Also, article on same page, Danes snap up sex toys after being told to stay at home. Source: www.reuters.com. 3 hours ago.
Danes snap up sex toys after being told to stay at home. source: www.reuters.com April 7, 2020. Good uplifting article on OPEC. Thanks.
I do not know much about the oil business. But I believe GSPE shall drill soon b/c drilling would cost less now, and if a strike is made they will just plug it until oil prices come up again.
If they do file for BK the common mostly would be cancel out or go to .00001. It may go this low anyway with out BK and before a R/S coming.
spec....they will drill now b/c the drilling will be cheaper and the insurance money will allow them to drill deeper. All this due to the drop in the oil prices.
If I recall correctly the SP was .06 the week they stopped drilling Tau2. So maybe we shall see .06 soon as they start up drilling again.
GulfSlope and common holders still looking for that first eludive barrel-of-oil before any evaporation.
The SP will come back up once they start drilling again, which I think is with in this first quarter.
Oil companies are notorious for clamming up when you ask them questions no matter how trite. I grew up in West Texas. Anyway, it is for sure tough holding these shares.
Who knows what is going on. Maybe Grady Tadlock and Mr. Chu has Bodouroglou thinking....maybe SEC heat....maybe just a weak pump&dump. Who knows?
Whom ever bought two days ago made some pocket change this morning.
The new trade deal with China has China buying 50 billion dollars worth in oil and gas from us.
The team that has been put together by the CEO to get this thing on its feet and running. That is the catalyst. Lets see what happens.
It would be around 97 shares of cavr for 1 share of grnf if they had a stock merger. I do not think this is what you want. Also, if anything keep your fingers crossed that there is no R/S coming anytime soon, or at least until there is a run on this stock.
Why has the stock price been slowly declining? NM
My apology. I posted on the wrong board.
Stock price has slowly been going down. Why?...anybody.
Yes, I see. Will, it had a yield-sign yesterday and just before I posted.
Why the yeld sign at otcmarkets.com? I thought they got rid of that crap.
I think Mr. Webb, most likely by now has lost interest or could not get anything done, and just walked away from the thing. I got out a few months ago when there was not any news for about a 2 month period.
Thanks for the reply. Very helpful.