Southridge Enterprises Inc (SRGE)

[stervc]

Justbored, with these concerns…

I’m not sure exactly when, but all of these concerns were previously discussed a little while back. The address of the building was talked about and it was determined that there were no concerns because the address is used to allow SRGE to be considered an US based company versus using an address there in Mexico where the claims are existing. It’s basically some kind of a ”virtual address” versus a ”physical address” where there is one lady sitting there, of which I had spoken to, who is answering the phone on behalf of SRGE. To keep things simple and from re-inventing the wheel, SRGE IR have been at that office address for years so they used it again. Doing so had absolutely nothing to do with the old management. It’s a non-issue.

As from what was previously posted, someone even went as far to find the floor plan of the 9th floor for that address and learned that there are lots of offices there. It was confirmed that one company does not have the entire floor. It was determined that the arrangement was a lot of smaller offices and many other companies were using that floor to simply lease out their operations to have an address to use that’s US based out of Dallas, TX. This is also why you will find a variety of other companies listed at that same address on that same floor. No, it doesn’t mean that all of those companies are affiliated or are one in the same. All of those companies, to include SRGE, are simply leasing one cubicle/office space on that particular floor. Most of SRGE’s operations are in the Mexican mining area, but doing this keeps it simple for them to be a US based company. This is not my first time seeing this with a company as I have seen this done often over the years with a variety of companies.

It was deemed of no concern that one of the previous CEOs used that address because it was considered one of the company’s previous viable US addresses. Doing this only keeps things simple to keep from having to find another address which would have required more of an administrative process for change than what would have been required. This allows things to be more streamlined for moving forward because of this familiarity. All they had to do was pay to rent a certain booth/area within that particular floor of that building and you are considered a US base company with a legitimate physical address for consideration. This is why they have centralized running their operations through this address.

Using this address does not signify that there is still a connection with the old management. The old management left years ago and it has been confirmed that they still remain gone. Read this post below as it might help to understand that the old management is gone:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79790716

Still, in my opinion, SRGE should not be stereotyped with SAEI and the likes of such. I think it’s always fair to consider the pros and cons of SRGE, but it is not fair to stereotype SRGE with its old management of the past. It’s entirely two different situations. The old management left years ago and has absolutely nothing to do with the new company. It would also not be fair to stereotype SRGE with SAEI as there are many differences which make it unfair to stereotype SRGE to be the same as SAEI. There are huge differences.

With the PR format, it was determined that there was no need to be concerned due to SRGE using a previous company’s format for writing a PR. Bottom line, many companies do this all of the time. If you are trying to write a PR to deliver a certain message, then researching formats to include any of the company’s old formats to use is a norm. This doesn’t mean that you can stereotype that company’s management with one another because of this. I and others have stated here that we all have seen this done before by a few companies. It’s kind of like a company that sells marbles using the same format to announce its earnings from the marbles that is sells as a company or the software that it sells as a company or etc. If you look at all of the current PRs that have been released by SRGE now and consider the ”body of the information” within those PRs, there is a huge difference of which SAEI does not compare.

v/r
Sterling