IIRC Gulp is a very porous, sort of plastic that holds (and resoaks up) the flavored scent liquid it is in very well. It's not digestible any (or much) more than a standard plastic bait.
If I ate some of the stuff that I tie onto the end of my line, I expect that I would get pretty constipated.
Nauseous first, I would think. But y'all Texans have pretty tough constitutions.