Southridge Enterprises Inc (SRGE)

[stervc]

buybio2, with your buyout candidate thought...

Respectfully, I agree and disagree. Let me further explain to justify why I feel as such and see them all in the same category on another hand. First Majestic seems to be a more likely partner to acquire SRGE’s El Horconcito asset. I do agree that that would be the best consideration through logical deduction.

However, you just never know what major company is waiting in the wings to jump all over SRGE to acquire or do a Joint Venture (JV) with them. All of these major companies compete with one another and are looking for the next thing that would give them the edge over one another. The #1 reason why it makes sense for one of these majors market companies to acquire SRGE of do a JV with them is because of one word that I have not used in a very long time… Overcapitalization. Here’s the definition for all to understand…

Overcapitalization

http://financial-dictionary.thefreedictionary.com/Overcapitalization


So, in short, Overcapitalization sets in when a company has too much capital (or money) for the needs of its business. Initially you might think that more capital is always better, but this is not always the case. If a business has more money than it can work with, it will be burdened with high interest charges and/or dividend payments. So now, the challenge is to come up with something that you can do with this extra money that would be constructive in nature, but yet still considered a move to help the company to strategically grow.

Here’s where a company like SRGE would come in to help give a major market company in this Overcapitalization situation a place to put this extra cash. All that is brought out about SRGE is being publicly announced and presented for any major company or anyone to verify. The CEO has personally confirmed with a few investors and in PRs much to confirm to include even obtaining a tour of its facilities to see that SRGE is in production.

Understand, a major company reading their PRs might wonder a little about the validity of SRGE, but now with the new Board Members they added as Directors (as indicated within the NV SOS link below), I am inclined to believe that quite a few major companies will be willing to come check them out for themselves to see just how real they are:
https://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=aAcyYO1iIpfDt%252bkO7ehU8Q%253d%253d&nt7=0

Bottom line, this is not the same SRGE of old as the old management has been gone over 5 years ago.

This is a new team of Officers and Directors.

The negative comparison with the old management is redundant and does not apply anymore here with SRGE. Anyone doing true due diligence (DD) would easily see this. In my opinion… those who don’t see the potential in SRGE now… will see the potential in SRGE later.

v/r
Sterling