terry buys a million on market at .062, page-19

$62k spent on market could be a nice vote of confidence...

however I am always scepticle when things are going bad and the amount is only a token amount compared to salarys...Sometimes it is purely to create an illusion that the company is on track, good times lie ahead and the fall in the shareprice is purely a lack of understanding by the company...Therefor prolonging the persons well paid cosy position within the company..

Last year Terrys salary was worth $1.16m, so he has just spent 5% of last years wage or roughly the equivalent of 11 days work in what may be nothing more than strengthening up his position for the short to medium term...

With very little in the way of oil reserves, low revenues and little to show for the significant cash that has been spent could it be that SSN is heading back to the wall???

Without positive developments there could be significantly more downside....Unfortunately the market cap is larger and the potential seems significantly smaller than when the company traded at over 50c per share...
Good luck