Replies to post #752 on GulfSlope Energy Inc (GSPE)

[neznam]

Thank you.
At least we know who is selling.
I think trimming down in management is fiscally responsible thing to do and he will be involved on consulting basis.
Regards

[Gspex]

Thanks for finding the link. Proposition 3, permission to issue additional shares, received yes votes from 71% of the outstanding shares. Proposition 4, permission to do a RS received yes votes from 61% of the outstanding shares. Both of those required at least 50% of the outstanding shares voting yes to pass, so it wasn’t particularly close.

Interesting that the RS was the least popular proposal. Also surprising that 75% of the outstanding shares were voted.That seems pretty high and seems to me to indicate that the shareholders are pretty interested and engaged. Which is a good thing.