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Re: Philvb post# 340

Tuesday, 08/16/2016 12:16:11 AM

Tuesday, August 16, 2016 12:16:11 AM

Post# of 7904
We have incurred losses from inception to June 30, 2016 of $32,882,718. Further losses are anticipated in developing our business. As of June 30, 2016, we had $132,163 of cash on hand. These factors raise substantial doubt about the Company’s ability to continue as a going concern.

Isn't it time to approach bigger players on the market end let it all go . With that cash , there has to be something happened soon ! How the hell on earth is it possible that no compagnie but TXS is interesting in GSPE ?

Isn't The 3D seismic enough to attract some investors ? Does GSPE gonna has to start the test drilling on there own to prove there is oil ? But for that they gonna need a lot off money .