Incentive options have an exercise price of .007. Not sure if that is enough of an incentive when the share price is at .004-.005 and also keeping in mind where the share price has been and where the majority of share holders need it to be to break even ?
There's also shares to be issued...
"6. Resolution 7 – Issue of Shares to Employees Background The Directors resolved to issue up to 35,406,400 Shares to employees of the Company and its subsidiaries in lieu of a temporary salary reduction on the terms set out below."
Can only hope SSN can eventually ride the wave of increasing oil and give the long suffering holders something to smile about.
SSN Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
