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Re: Werbe post# 7819

Thursday, 04/18/2024 10:35:41 AM

Thursday, April 18, 2024 10:35:41 AM

Post# of 7856
You are correct

My info was correct before 15c2-11 was passed in 2020

And, although there are still some exceptions listed in 15c2-11 ..

GulfSlope is not in any of those particular circumstances

So, frozen until something hits the iceberg or it melts in the warming markets

On a serious note

There is still the same capital structure and share count

Could they issue/sell the equivalent of 3X the current OS to raise cash then RS to get it to $1, relist, and launch?

(In this scenario, the current shareholders would represent a quarter of the market cap)

I think it is at least a possibility

I dream big

Well, if anyone come across anything relevant, post away ..

spec

- Foglifter -