If that is true then I feel a lot better. Do not think anytime soon considering the depressed oil market and virus19. The stock would keep going down after r/s. Merger?! Who knows.
You are hereby notified that a Special Meeting of stockholders of GulfSlope Energy, Inc., a Delaware corporation (the “Company”), will be held at the corporate office of the Company, 2500 CityWest Blvd., Suite 800, Houston, Texas 77042, on March 16, 2015, at 10 a.m. local time, to approve an amendment to our amended and restated certificate of incorporation to effect a reverse stock split of all of the outstanding shares of our common stock, par value $0.001 per share (“Common Stock”) at a ratio of not less than 1-for-2 and not greater than 1-for-200, with the exact ratio and date of implementation, or abandonment thereof, to be established at the discretion of our Board of Directors. Neither the authorized but unissued shares of Common Stock nor the par value for our Common Stock will adjust as a result of the proposed reverse stock split. The foregoing item of business is more fully described in the proxy statement accompanying this notice.
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