GulfSlope Energy Inc (GSPE)

[Trip-Fontaine]

I had a chat with the company.

Their intention is still to be listed on NYSE or Nasdaq, and it could happen early 2018. I guess that this is if the LOI turns into a binding agreement.
I asked if there is still other parties to talk with if this LOI fails, and the answer is yes but it would take some time to restart negotiations.
According to the LOI the partner has a right to buy 20% of the company at a later stage, and of course I wondered about the price. They said that it would be the market price at that time (lets hope that we are up-listed and trading at a better range by then).

I think that the terms in this LOI sounds really nice, lets hope it becomes reality. If they have a drill program, and are trading at a better exchange we will multi-double =)

Has anyone else talked to the company?