Looks fine apart from the question mark. This is a statement not a question.
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CalifJimI can't hear it as a question.
The question is:
"Look! Is that the guy I was with?"
The situation does not lend itself to a declarative used as a question.
I hear something more like this.
Mary is introduced to John.
Mary: How do you do? Nice to meet you.
John: Hi! Nice to meet you, too. Don't you recognize me?
Nona The BritI still can't hear it as a question either.Would you use "It
I would say that 'Look! That's the guy I was with?' (boy is he ugly, I can't believe I snogged him last night in the pub!) would work as a declarative question, but not 'It's that guy I was with?'. 'Is that/it the guy I was with?' works as a straightforward question.