Southridge Enterprises Inc (SRGE)

[rbtree]

Please explain how that could be possible......

SRGE does not exist as a company. And, it was a farce even before the suspension. Its exec's were make believe. There was no office. All news was fabricated. The culprits were likely Arturo and whoever else that was part of MSJ. Smid, who ran the company when it was an oil scam, is a likely candidate to have conceived the scheme. SRGE never controlled any concessions.

And the single news after suspension, that allegedly transferred the power to MSJ, can not be confirmed as legit. Nor has anyone been able to communicate with MSJ since that time. Further, even if SRGE owned the concessions, why would MSJ be under any obligation to compensate SRGE shareholders.

Next, there is still the unresolved conflict between BGL and MSJ. There has been no official word that it's concluded.

Last, even if MSJ did sell the concessions, they wouldn't be paid more than a few million dollars, as there are no proven reserves. No major would pay more than that, expecially in the continued gold and silver bear market.

Face it, longs are screwed. SRGE, just as I predicted shortly after the suspension, will never be heard from again.

Have a nice weekend....