Business
British Columbia Securities Commission - Cease Trade Order
British Columbia Securities Commission - Cease Trade Order.
About this update from Gulfslope Energy, Inc.
[{"type":"text","content":"Cease Trade Order Gulfslope Energy, Inc. Section 164 of the Securities Act, R.S.B.C. 1996, c. 418 ? 1 Gulfslope Energy, Inc (GSPE) was incorporated in the State of Delaware and its head office is located in Houston, Texas. GSPE is not a reporting issuer in British Columbia. ? 2 GSPE has distributed shares to at least three British Columbia residents (the distributions). ? 3 GSPE did not file a preliminary prospectus and prospectus under the Act for the distributions. ? 4 GSPE failed to file Reports of Exempt Distribution for the distributions as required under National Instrument 45-106 Prospectus and Registration Exemptions. ? 5 Under section 164(1) of the Act, the Executive Director orders that trading in the securities of GSPE cease until: 1. either: (a) GSPE files, and the Executive Director receipts, a preliminary prospectus and prospectus for the distributions, as required under the Act, or (b) GSPE files all Reports of Exempt Distribution for the distributions as required under National Instrument 45-106 Prospectus and Registration Exemptions, and 2. the Executive Director revokes this order. ? 6 June 5, 2014 Andrew S. Richardson, CPA, CA Chief of Compliance Corporate Finance","length":1978,"tagName":"div"}]