Replies to post #7819 on GulfSlope Energy Inc (GSPE)

[spec machine]

My understanding is that the trade requires a special disclosure/disclaimer in order to be processed

In short, it’s saying that the broker advises against any purchases of this class of stock and that it has unknown liquidity due to it not being publicly listed

I am not certain on that but when I am able, I will inquire with my broker

The main reason that I haven’t checked on the details is because I don’t anticipate selling (and I have more than a few)

I’m in for the “Drill or Kill”

“Hero or Zero”

AKA “Ride or Die”

Fortunately, my total cost basis of my current position is less than my earlier gains on GSPE

Cheers

spec

[spec machine]

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