Sarissa Resources Inc (SRSR)

[jpp09]

I just noticed the 10/2011 financials were posted in January. Nothing really interesting.

They received and used the "service agreement" money.

It also looks like Scott is owed $360k by the company, not sure if that is essentially deferred pay, or he is using his own money to pay for various things? To me it shows that Scott does have skin in the game that dmbao has been talking about for awhile now on the options. Once the closing of the spin-out is clear, Scott could easily issue himself shares in exchange for that debt. That's equivalent to 18 million shares at .02.