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GULFSLOPE ENERGY, INC. FILES (8-K) Disclosing Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

June 19, 2014



Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.

On June 13, 2014, the Company entered into a promissory note in the amount of $1,160,000 (the "Note") with John Seitz, the Company's chief executive officer and the Chairman of the Company's board of directors. The Note was issued on the same terms as the prior notes entered into with Mr. Seitz, with the exception of the convertible feature.


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Source: Edgar Glimpses


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