GulfSlope Energy Inc (GSPE)

[tricky20]

Hi Ryguy008-as GSPEX has suggested it would fairly normal for the lead investor to operate and would benefit Gulfslope as they would not have this additional headache. Gulfslope of course will retain their 20% ownership.I expect Gulfslope shares will continue to drift up on newsflow and the Company will look to raise extra capital into a rising share price. The management are heavily invested and therefore acutely aware of dilution. I also sincerely believe management are very shareholder friendly with a lot of funding so far provided by "friends and family". They want to protect their loyal, longterm supporters as much as is commercially possible. So let's sit back now and watch the newsflow and keep our fingers crossed tightly.

By the way Nezman-I think the share count was around 450-550 million before the oil price collapse-but forgive me if I am wrong, I am getting old and the memory is not as sharp as it used to be!!