RE: Aug.28 - new insider filings Phillipine Angula had about 3.2 million shares and she most likely didn't buy any but got those shares as being part of Eco Namibia which eventually formed the new Eco (Atlantic) oil and Gas. Given that $300K is a lot of money in Namibia, may be she just wanted some of that money now (assuming the sale price for those 625K shares was 50 cents or higher). Good thing is that it was carried out privately and not sold publicly.