Of course, It's matter because it shows his confidence on the future of the company. He now owns 270,000 shares.

I don't think they hired Gary Evans @250k a year plus all the stock options, warrants and restrict stocks just asking him to sit in the office. He must be working on something and we may see a move soon.

This stock won't move much until the company makes a move. There are too many good assets at bargain price out there. Many small independents with good oil and gas assets are suffering becasue of the lack of fund for developing their properties.