Southridge Enterprises Inc (SRGE)

[TenKay]

"The SEC has the power to revoke and or suspend trading. If it is revoked trading stops indefinitely! At the time the SEC suspended SRGE it was an SEC filer! The SEC had questions and they were answered by SRGE lawyers! If the SEC were not satisified with SRGE lawyers answers the SEC could have revoked trading during the 10 day suspension and the SEC did not do that!"

I am sorry, but that is incorrect. SRGE was not an SEC filer at the time of its suspension.

SRGE filed its Form 15 on Apr 18, 2011. It was suspended on Dec 28, 2012.

Therefore it was an "alternative reporter" at the time of the suspension which is why the stock has never been revoked...it has nothing to do with "answered questions". There is no more action that the SEC can take with the ticker other than go after the perps with a civil action or refer to the DOJ for criminal prosecution....but then we all know the perps "disappeared".

And to correct one other point, technically the only unilateral action the SEC can take is a suspension. A revocation is an administrative law action that requires going before an administrative law judge to get. They can't just revoke without due process...however they can suspend unilaterally.

But again, since SRGE was not an SEC filer at the time of the suspension, it cannot be revoked.