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There is no evidence that Michael Davies exists. I believe that Michael Davies is actually Alex Smid.
IG
But SRGE did say the deal was worth between $5.5 and $6 million which was more than enough to get gullible investors all giddy:
Southridge Enterprises Inc. is excited to announce a new Joint Partner, Kinross (NYSE: KGC), a Major listed Mining Company for its Cinco Minas and Gran Cabrera properties. Southridge's joint partnership with Kinross, a major NYSE listed gold mining company, is valued at roughly $550,000,000 to $600,000,000.
So you shorted SRGE - I find that hard to believe!
The shorting is a myth on all pinkies.
The average investor can't or it is extremely difficult to short a penny stock - the margin requirements are just cost prohibitive. You have to have $2.50 margin per share to short a stock under $2.50.
If you want to short 500,000 shares of a stock at $0.004, you have to have $1,250,000 in your account, and 500,000 shares at $0.004 is only $2000.
The good thing is you won't get a margin call unless it gets over $2.50.
Look at the math and your numbers don't make sense.
But the shorting sub-penny stock myth is in full force at allnd dumps.
IG
Why did SRGE (The King of Press Releases) choose not to issue a press release to clarify the SEC suspension and the Kinross JV?
IG
Castell, since you have such trust in SRGE how about explaining some of their actions.
1. SRGE hired Magna? Magna communicated via email that they had no business relationship with SRGE - that's odd.
2. SRGE says Magna has agreed to fund them $5 million - how is that without a business relationship???
3. Why has SRGE not filed any audited financials since 2007.
4. Why has SRGE not reported to the SEC for the last 2 years???
5. Why did SRGE gag its TA?
6. Why did it issue a press release with drill results on 12/10/2012 but not provide the name of the lab that did the analysis or provide the name of the "qualified person" managing the project. And why wasn't this released via PRNewswire?
7. Why can SRGE not be found on the Mexican Ministry of Economy database (which governs the mining industry) - verify SRGE has mining concessions at Cinco Minas.
Just provide any evidence that SRGE is anything other than a press release company.
IG
Delusional!
this stock will be shorted till it hits a dollar....kinross knows how to do it!
It really makes my day when someone uses the Sierra Blog to validate anything with SRGE - absolutely hilarious.
You do know that Sierra also said that Microsoft was going to buyout TAGG - I am curious, how did that work out - LMAO!!!
Did you take the time to read the disclaimer - if you have you would not have posted anything about the Sierra blog and SRGE.
DISCLAIMER
This blog is for fictional and entertainment purposes only!...All materials presented on this web site are not to be regarded as investment advice and are only offered for fictional and entertainment purposes. The accuracy, information or completeness of the picks posted on this blog is for fictional and entertainment purposes only!... Sierra, Adam and Johnny and all other characters ever mentioned and presented by the publisher in this blog are fictional characters and all posts in the blog should be construed as being for fictional and entertainment purposes only!
Terry, I don't believe SRGE has supplied any documents to the SEC because they fabricated everything in the press releases.
Also, since they are non-reporting why would they be sending any documents to the SEC - something is odd.
I am still going to bet that SRGE doesn't supply any documents to fight the suspension.
I didn't know how difficult it would be for brokers to trade SRGE stock.
The SEC's halt lasts for 10 business days, or until Jan. 11, 2013. Once the 10 days have passed, brokers in the U.S. wishing to trade the company will face an onerous burden. They must keep up-to-date information on the company's financial status and on its insiders. They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports. In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products. Brokers must also know if a price quotation is from another broker or from an insider. They must provide this information to anyone interested in trading the company.
I am too tired (euphemism for lazy) can someone tell me or point me to a article to see what the SEC did following the temporary suspension of SAEI. Thanks
IG
Wow Carnac, it took the SEC just 2 days to suspend SRGE. That might be the new record.
But, the SEC has a boilerplate in place from SAEI. It is amazing how similar these two companies are - see nodummy's DD.
IG
Are you still waiting on the names and numbers from MoMo? You might be here a long time - I have been waiting 5 months for information to verify the Phantom CEO actually exists.
keep us posted - I will be waiting. LOLOL!!!
IG
Funny how you have never questioned any of the fabricated press releases or how you have always defended that Michael Davies is a real person.
Never one question of SRGE. Any real investor with a open mind would question SRGE.
IG
Bro, Michael Davies doesn't exist - he is Alex Smid:
After all this time why would Davies put out that PR if something was not signed?
You didn't send anything - more BS:
I have sent a final email to Kinross Canada with cc to my attorneys to answer YES or NO. No more fking around with double talk
Must read DD about Southridge Minerals and ties to SAEI. Best DD I have read about SRGE, noduumy at his best. I didn't include the images from the post but here is the link:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82807744
SRGE exposed from beginning to end
This post is to organize and put into chronological order the details of the SRGE scam from the beginning to the fast approaching end.
I have been personally following SRGE since December of 2010 as seen in this post I made on the SRGE message board on December 14, 2010 (post #307 on this forum)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57766616
The initiation of the current SRGE scam coincidences with the end of the SAEI scam which is a ticker that I believe is controlled by the same group led by Alex Smid.
Back on December 17, 2010, the SEC suspended SAEI following a months of lies which included lies about the properties they owned, lies about buyouts, lies about who really controlled the shell, lies about their geologist, fake financing companies, etc.
http://www.sec.gov/litigation/suspensions/2010/34-63568.pdf
Basically everything about SAEI was a lie and in my SAEI scam expose I broke down the details about the lies, the insiders involved, and the other tickers that can be connected to this same group including SRGE. I suggest everybody read my SAEI scam expose from start to finish at the following link. It will help make understanding the SRGE scam much easier:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59065471
Like with SRGE, SAEI was largely pumped with the help of touts planted on message boards being fed information about the scam to disseminate among their follows and other message board readers.
http://investorshub.advfn.com/boards/boardposters.aspx?boardid=7709
-----------------
SRGE background - Alex Smid
SRGE was actually a pump&dump scam back in 2006 while Alex Smid was controlling the ticker on paper as the CEO and not just in the background.
Alex Smid is a well known stock promoter from out of Vancouver with ties to the Russian and Mexican Mafia according so some:
http://www.pinkinvesting.com/article/view/Southridge-Enterprises-Inc.-SRGE.PK-The-Former-Puppet-Of-A-Seasoned-Criminal
The following article talks about an illegal promotional spam campaign used for SGRE shell back when Alex Smid was the CEO in 2006:
http://www.guardian.co.uk/technology/2006/nov/04/news.money
Smid's CFO, at the time, Gordon Samson can be linked to just about every ticker in the SAEI scam ring.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58871249
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58871938
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58960995
More on Alex Smid:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57777075
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57777492
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80519538
Alex Smid fled Canada in early 2010 after a warrant was issued for his arrest. Indications are that he has been hiding down in Mexico since that time.
http://www.canada.com/vancouversun/news/business/story.html?id=2efba4ce-4740-4833-ad1b-7b452462ee37&k=90106
Even Alex Smid's wife, Grace Smid, is a crook and a scam artist. She stole approximately $100,000 from a youth swim team while entrusted with the role of treasurer by the parents and kids involved in the swim program.
http://www.canada.com/story_print.html?id=5185985&sponsor=
Word is that Alex Smid was made aware of the issues and controversies surrounding the Cinco Minas properties by Roberto Becerra Gudino.
------------------
The Start of the Current SRGE Scam - the return of Alex Smid
Again to really understand just how important the connections made in this next section are and why I believe that Alex Smid still controls SRGE today you first need to go back and read the SAEI scam expose. The connections/similarities between SAEI and SRGE are undeniable.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59065471
When Alex Smid resigned in 2007 he left with a rather large share ownership, and a debt Note owed to him that as of the recent annual report totaled over $1.3 million after interest.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82515831
Plenty of motivation for Alex Smid to come back. Then you have testimonials from William Scott Marshall who at one time controlled nearly all of the SAEI scam ring tickers before being chased out of Vancouver when his house got shot up. According to Mr. Marshall, Alex Smid and Jamie Holland took control of the SAEI scam ring shells after he fled. Those tickers include:
Supatcha Resources Inc (SAEI)
Southridge Enterprises, Inc (SRGE)
Fidelis Energy nc, (FDEI)
Navajo Wind Energy (CLBN)
PrimeGen Energy Corp (PGNE)
Cascade Energy Inc (CSCE)
All of these tickers had a few things in common starting in 2009. One of those things was an individual named Dale Bernhart.
Dale Bernhart registered new domain names for each of those tickers in 2009 and 2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57654772
On November 22, 2010, Dale Bernhart registered the current SRGE website:
The SRGE website was the last of the SAEI scam ring shells to get a new website. I think the reason that SRGE was chosen later was probably because:
1) The wild success that SAEI had as a mining scam motivated these same insiders to do it again
2) The obvious links between SRGE and Alex Smid
One of the ways that Alex Smid messed up making it easier to identify him as one of the masterminds behind the SAEI scam ring is that he also had Dale Bernhardt register the domain sledgehammervodka.com
Sledge Hammer Vodka is a company that was created by and is controlled by Alex Smid
You will notice that the other officer for Sledge Hammer Vodka is SHV Industries Inc
SNV Industries Inc was the paying party listed for the SAEI promotions.
SNV Industries Inc - $50,000 to WSCF (Wall Street Capital Funding) on March 3, 2010
SNV Industries Inc - $500,000 to WSCF (Wall Street Capital Funding) on April 6, 2010
SNV Industries Inc - $50,000 to WSCF (Wall Street Capital Funding) on April 28, 2010
SNV Industries Inc - $20,000 to SMA (Stock Market Alerts LLC) on September 30, 2010
That's awfully close to be a coincidence - one letter difference
SHV Industries Inc is a NV business entity - sole officer is Alex Smid
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=tNjOP7Ldmqh1M%252bXnaSU8rQ%253d%253d&nt7=0
----------------
December 2010
In December of 2010, SRGE came back to life again after 2 years of inactivity. When it came back it was still using the same address it was using during the Alex Smid, Gordon Samson, Kenneth Eade era at. A virtual office in Dallas:
3625 N. HALL STREET
SUITE 900
DALLAS, Texas 75219-5106
Tel: (877) 712-2144
On December 9, 2010, SRGE announced they were now going to be a mineral exploration company
http://ih.advfn.com/p.php?pid=nmona&article=45593463
On December 10, 2010, SRGE announces a definitive agreement to purchase the Cinco Minas and and Gran Cabrera Gold properties in Mexico.
http://ih.advfn.com/p.php?pid=nmona&article=45610151
True ownership of the mining properties is debatable. There have been hundreds of posts and documents provided arguing that SRGE owns the mines and that SRGE does not own the mines.
One thing cannot be argued (or at least should not be argued). The mining properties are not actively producing gold.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81738038
The Scam was now underway, but to get the scam to work first Alex Smid had to get the SRGE business entity reinstated in Nevada which he finally did on April 1, 2011
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=aAcyYO1iIpfDt%252bkO7ehU8Q%253d%253d&CorpName=SOUTHRIDGE+ENTERPRISES+INC.
On April 6, 2011, Alex Smid filed a Form 15 to hide the SRGE shell on the unregulated OTC market as a way to try to avoid SEC scrutiny. Smid used the imaginary CEO he invented, Michael Davies, to sign the Form 15 only he spelled Davies name wrong using the name Michael Davis instead
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7847176
-----------------
Plagiarized Press Releases / Plagiarized Management Bios
Another of the common features between all of the SAEI/SRGE scam ring tickers was that they all used plagiarized press releases and plagiarized management bios.
Southridge Enterprises Inc (SRGE)
Plagiarized Management Team:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64561831
Southridge Enterprises also plagiarized their press releases even reusing some of the stuff SAEI stole from other companies
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122553
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80601144
More on the connections between Southridge Minerals and Kenneth Eade:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58111645
Supatcha Resources (SAEI)
Plagiarized Management Team
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58112121
Plagiarized Press Releases
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122504
Fidelis Energy Inc (FDEI)
Plagiarized Management Team:
http://www.atomicbobs.com/index.php?mode=read&id=581522
Fidelis Energy Inc also plagiarized basically all of it's press releases and company information:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122007
Details about the Fidelis Energy Inc company and it's connections to Kenneth Eade and Dale Bernhart and it's similarities to SAEI (my research):
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58047890
Navajo Wind Energy (CLBN)
Plagiarized Management Team:
http://www.atomicbobs.com/index.php?mode=read&id=581530
Navajo Wind plagiarized it's press releases:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58126644
PrimeGen Energy Group (PGNE)
Plagiarized Management Team:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58117977
PrimeGen Energy also plagiarized it's press releases including reusing one that Southridge Enterprises already used
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58126184
------------------
The Promoters and Paying Parties
SRGE had common links to all the other SAEI scam ring tickers through the promoters and paying parties involved (see the following link)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58124894
According to the SEC Complaint against the company that helped promote SAEI, Wall Street Capital Funding LLC (WSCF), WSCF (Philip Cardwell, Roy Campbell, and Aaron Hume) was involved in promoting 4 of the tickers in the SAEI scam ring - SAEI, FDEI, CLBN, and PGNE
Longview Communications Corp was involved in the promotions for SRGE back in December of 2010. Longview Communications Corp was also involved in promotions for SAEI and FDEI.
***Wall Street Capital Funding LLC (WSCF), also doing business as Wall Street News Alert maintains a contractual, working relationship with Stock Market Alerts LLC (SMA) and its Wall Street Enews brand
I find it interesting that over the past several months a company with a very similar name was created to promote SRGE - Wall Street Investor News
SRGE would also create a company called Mathers Research just for the purpose of making a research report to help pump SRGE stock using a price target (which is illegal) of $.20/share.
http://ih.advfn.com/p.php?pid=nmona&article=52751738
Research on Wall Street Investor News and Mathers Research shows signs that they could be connected to Chicago and the Netherlands.
Other promotion tactics used includes a blog that intentionally makes up fake buyout news to pump stocks called Sierra's World Equity run by Guy Leitch
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80908909
Other promotions tactics included a fake AwesomePennyStock newsletter which has possible connections to Chicago
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80512764
Then of course we have message board touts that have been planted by SRGE insiders to help spread the lies of up listings and buyouts, etc
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80518676
------------------
Fake Financing Companies
Just like SAEI, SRGE created fake companies in their filings to use for fake financing
I believe that Rockridge Capital Holdings is actually an entity owned by SRGE insiders that was just being used as a way for insiders to get discounted free trading shares at $.001/share to dump while the stock was as much as $.01/share - $.018/share.
Quixstone Investments Inc is just a fake company with a fake control person
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79527643
Duvernoi Capital Investments Inc is yet another SRGE financing company that does not appear to really exist.
-----------------
Lies about uplisting
The SRGE IRP's have been misleading investors with lies about up listing for over 18 months now
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80518676
Even SRGE has mentioned uplisting in press releases just to mislead investors and said they had hired Magna Group for the task
http://ih.advfn.com/p.php?pid=nmona&article=55222416
When Magna was contacted to find out if they were really hired by SRGE they denied the information.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82361009
SRGE would later try to backtrack and clarify their original PR lie
http://www.prnewswire.com/news-releases/southridge-minerals-corporate-update-182807971.html
-----------------
Lies about Buyouts/Joint Ventures
The SRGE message board plants have been pumping SRGE with promises about a buyout around the corner for months now. Each time the buyout never happens when they promised that it would yet people still believe them when they continue to promise new buyout after new buyout that never happens.
One of the buyouts that people claimed was confirmed by SRGE that turned out to be a lie was the Goldcorp Buyout
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80778541
On December 26, 2012 after several intentionally vague press releases by SRGE falsely announcing that buyout/joint venture talks were underway
http://ih.advfn.com/p.php?pid=nmona&article=55016708
http://ih.advfn.com/p.php?pid=nmona&article=55129091
http://ih.advfn.com/p.php?pid=nmona&article=55222416
http://ih.advfn.com/p.php?pid=nmona&article=55449916
SRGE finally came out with their new joint venture partner telling investors that an agreement with Kinross Resources Corp was a done deal
http://ih.advfn.com/p.php?pid=nmona&article=55596767
This turned out to be the biggest SRGE lie to date. Kinross Resources Corp quickly shot down the information as being a complete fabrication.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82789047
http://www.bloomberg.com/news/2012-12-26/kinross-gold-denies-joint-venture-with-southridge.html
---------------------
SRGE used notorious Pump&Dump attorney Luis Carrillo
Luis Carrillo has been a favorite of pump&dump scamsters like Skymark (the Kirks) and AwesomePennyStocks
Recently according to reports, Luis Carrillo has fled the country because of pressure from regulators
http://www.pumpsanddumps.com/2012/11/pump-dump-incubator-carrillo-huettel.html
To replace Luis Carrillo on paper, SRGE went with a Luis Carrillo protege named Gabriel Moore
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82523236
----------------------
The Dividend ploy
One genius move that SRGE did which will probably get copied by other dirty pink sheet companies in the future was to do a very small cash dividend of $.00003/share. The Dividend totaled just over $16,300, but brought way more interest to the stock than what paying for a $16,300 promotion would have brought.
----------------------
Shady Debt Note and other mistakes and contradictions and concerns from the financial statements
See the following link for more details
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82515831
-----------------------
Authorized Share Increase
On December 6, 2012, SRGE raised the authorized share count from 1,000,000,000 to 1,500,000,000 basically telling the people with open minds that want to listen that they have plans to issued between 450,000,000 and 950,000,000 more shares than what they had outstanding on November 2, 2012 (545,874,868).
Of course most investors that only like to listen to pumpers chose to ignore this major red flag and the fact that SRGE has a gagged TA.
Today alone thanks to the lie about the joint venture with Kinross, SRGE saw over 419,000,000 shares trade.
------------------------
Possible theories on why SRGE shot themselves in the foot today
1) They might have already started getting contacted by regulators asking questions and want to make as much money as possible before the gig is up
2) They knew that today was a holiday in Canada and they thought they would have at least 1 full day of trading before anybody could confirm that the Kinross joint venture was a lie
3) They knew that the SRGE share price couldn't survive all the new shares they authorized to get dumped into the market and so they went big with today's PR
4) They are cocky and feel they are untouchable. The SEC couldn't track them down from the SAEI scam and so they don't believe the SEC can touch them now.
-----------------
Let's review
SRGE has Alex Smid, Gordon Samson, and Kenneth Eade in its background
SRGE has several links to SAEI, FDEI, PGNE, CLBN, and CSCE
SRGE website was originally registered by Dale Bernhart registrant for all the SAEI scam ring domains
SRGE used plagiarized press releases
SRGE used plagiarized management bios
SRGE uses fake financing companies as a way to issue stock to insiders
SRGE uses a fake research company to make illegal price targets
SRGE uses all sorts of dirty promotion tactics including fake newsletters and planted touts
In the past death threats have been made against posters speaking out against SRGE and taking time to express their opinions and concerns
SRGE has lied about up listing
SRGE is/was involved with p&d attorney, Luis Carrillo
SRGE has lied about the production of the mines
It is debatable about whether SRGE has any ownership at all in the mines
SRGE has lied about their involvement with Magna
SRGE has lied about buyouts and joint venture agreements
--------------------
Some how despite all of the connections to SAEI, the plagiarisms, the inconsistencies, the contradictions, and the lies, some people still chose to support SRGE.
Yesterday's fake joint venture PR may be SRGE's final lie.
A much overdue SEC suspension may finally be near for scam ticker SRGE
I see the SRGE paid promoters are in full force.
Just ask the SRGE promoters to post a Bio of the CEO Michael Davies - his work and education history I have been asking for 5 months. It seems that Michael Davies = Alex Smid.
Ask why SRGE went dark two years ago.
Ask why they haven't filed any audited financials since 2007.
Ask why SRGE has gagged the TA.
The paid promoters are spinning as fast as they can - but they can't provide any evidence that can be verified that they have any mining concessions in Mexico.
SRGE is a complete scam as evidenced by the suspension today.
IG
Just as all of I-Glow's prediction have come true I have a absolute guarantee!!!
SRGE will NEVER file a lawsuit or file any documents to the SEC to defend itself - they will do exactly as SAEI did and slither into the night.
They will re-emerge and do another pump and dump. Some posters here will have new screen names touting the new company.
Also, I guarantee the suspension will become permanent.
Pin It.
IG
Those are slanderous statements - how about just one time providing something to verify your knucklehead posts.
That will get you banned and sued.
IG
I will email and send him the DD on the ties to SAEI, the Phantom CEO and all of the other fraud that the real DD has uncovered.
Quick! someone email Mike Caswell of Stockwatch tell this guy to do proper DD before publishing.
SRGE did not issue a press release today clarifying anything - it was posted on the website.
PRNewswire might have closed their account because of fraud.
IG
Those names and numbers are like the Sierra blog - they are fictional and for entertainment purposes only.
MoMo, has never supplied one fact that could be verified - all BS.
Can u PM me MOMO with those names and numbers of peeps u have just spoken to so I can call and ask some questions myself..... and verify that?? TIA
Temporary Suspension - LOLOL!!! Check out the SAEI order and see if it sounds familiar:
It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Supatcha Resources Inc. (“Supatcha”) because of questions regarding the accuracy of assertions by Supatcha in public statements to investors concerning, among other things: (1) a geological report on certain mining prospects in Ukraine; and (2) a tender offer for Supatcha’s outstanding shares.
The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading in the securities of the above-listed company.
THEREFORE, IT IS ORDERED, pursuant to Section 12(k) of the Securities Exchange Act of 1934, that trading of the securities of the above-listed company is suspended for the period from 9:30 a.m. EST, December 17, 2010 through 11:59 p.m. EST, on December 31, 2010
Hey FrankMD,
From todays SRGE PR:
www.southridgeminerals.com/newsdec28.htm
MoMo, the SEC ALWAYS says temporary - they said temporary with SAEI and I am certain you know how that ended.
IG
MoMo it's all over but the prosecution. SRGE is dead and just SAEI (Suptcha) they will not submit one document to defend themselves.
They will slink into the dark of night and start working on a new scam.
Where is a response from SRGE??? Why has srge.mobi been taken down???
Just as nodummy predicted this nonsense would end the same way SAEI did.
IG
Looks like SRGE is on the RUN and trying to erase it's footprint. It seems that srge.mobi has been taken down.
Hey, where is the press release to clarify what is happening?
Where is MoMo?
It has been very quiet on the SRGE front, is Alex Smid (there is no Michael Davies) with Huettel and in hiding?
IG
How can you be paid a dividend when SRGE wasn't listed on the FINRA Dailylist? That doesn't make any sense.
IG
Enough with the SEC C***...getting old, SRGE is bona fide and good with the SEC. Geesh!
Everyone had months of warning about the SRGE Pump and Dump - so no crying and moaning about the money you lost.
IG
It can't be more strongly worded than this press release from Kinross. Uh Oh, sounds like prison time for the SRGE guys. This even stronger than the time Goldcorp had to do something similar.
Kinross Issues Clarification Regarding Announcement by Southridge Enterprises
2012-12-27 18:13 ET - News Release
TORONTO, ONTARIO -- (MARKET WIRE) -- 12/27/12
Kinross Gold Corporation (TSX:K)(NYSE:KGC) would like to clarify a news release issued by Southridge Enterprises Inc. ("Southridge") on December 26th, 2012 announcing a joint partnership between itself and Kinross relating to the Cinco Minas and Gran Cabrera properties in Mexico. The news release contained a number of statements regarding the value and status of the joint venture, and a quote from a Kinross employee.
Kinross wishes to make clear that there is no such joint partnership, joint venture or other similar such arrangement or agreement in place, and nor do we expect there to be such a joint partnership, agreement, acquisition, investment or other equivalent transaction involving Kinross and Southridge in the foreseeable future. The statements regarding the value and status of the joint partnership are, to the best of Kinross' knowledge, without any basis in fact. The statement attributed to the Kinross employee in the Southridge news release was incorrectly attributed to him.
From your post I assume you didn't know that KINROSS GOLD EXPLORATION COMPANY is not a separate company. Where is the world did you get that KGEC was a sub - it isn't a subsidiary of Kinross.
So When Kinross states emphatically that they aren't involved with SRGE that is just what it means - that certainly includes KGEC, because that is just a department - LMAO!!!
Spin, spin, spin......
IG
I am certain the emails are real. It is called leading the sheep to slaughter.
SRGE will have one last Huge news press releases with more fabricated news that will have unsuspecting investors begging to buy more stock.
Then Boom Goes the Dynamite - The Mother of all Dumps.
The the SRGE criminals will go on the run with your money.
IG
How did you get a dividend today? First, it wasn't on the FINRA dailylist and it was supposed to be on 12/28/2012.
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, today announced a cash dividend of $0.0002 per common share, payable on December 28, 2012 to shareholders of record at the close of business December 21, 2012.
This might be the SRGE explanation:
PUMPERS HACKED SRGE AND SEND OUT THE FAKE EMAIL
I-Glow Guarantee! There Will be HUGE News Tomorrow!!! Or maybe tonight.
I am 100% convinced that SRGE will issue a press release with stunning news.
The news will get the novice investors all giddy and investing more money!
But, tomorrow will be the Mother of All Dumps by SRGE - pin it, bank it, mark it whatever you want but it will happen.
Here is the reason, SRGE was buying back today to prop up the PPS and setting the table for tomorrow.
SRGE knows they have committed fraud with the Kinross press release and understand there is a great possibility they will be halted on Monday so tomorrow is the last day to extract even more money than they did on Wednesday.
IG
That isn't true,
SRGE hit 1.9cents with last cash dividend.
I have been asking for the name of the lab that did the analysis and the "Qualified Person" who managed the drilling program.
It is industry standard practice to supply the name of the lab and the person who supervised the program in the company Press Release.
As usual SRGE did neither of these in the press release.
IG
Well tob, here it is in all of its painful glory:
1. PR about SRGE hiring Magna proves false
2. SRGE PR about Magna providing $5 million in financing proves false
3. SCCO buyout proves false
4. Goldcorp buyout proves false
5. SRGE uplisting proves false.
6. HUGE SEC issues with issuing a false and misleading PR about Kinross doing a JV proves false - on frontpage of website.
7. SRGE issues a PR on 12/13/2012 stating they have a signed agreement with a Major NYSE company - proven false.
8. SRGE cannot verify the CEO exists.
9. SRGE cannot verify they have any mining concessions in Mexico.
It is all over but the crying.
IG