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Saturday, November 07, 2020 10:29:16 AM
Seitz, along with family and close associates, invested millions of dollars in the startup of GSPE. The shares purchased were at .06 IIRC (some considerably higher in later private placements, I think)
Seitz has also personally loaned several million to GSPE and while the loans do have interest accrued, the rates were below typical commercial lending rates at the time
In addition, Seitz does not draw any salary, ZERO
So yes, he has a huge vested interest in the long term success of Gulfslope, he is extremely well qualified, and has many close associates who are in for the long haul success
Definitely not a typical microcap situation
spec
Recent GSPE News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:30:38 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/14/2024 10:16:05 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 12/29/2023 09:21:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:47:32 PM
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
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Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM