Replies to post #7816 on GulfSlope Energy Inc (GSPE)

[NorOilGuy1]

Thanks Werbe

[spec machine]

It should be available and allowed to be traded through a broker, but only “accredited investors” can place orders to purchase

Accredited/expert status requires meeting several requirements

$1M net worth, $500K “investment account” or something like that

There will be a higher trade commission or fee on each trade

And no L2 published quotes (as far as I know)

So, anyone can sell, just a different process (broker assisted trade), and buyers must be accredited

And no L2

Trading in the dark and you don’t know if there’s any buyers

spec

PS If anyone knows different, please chime in