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I'm glad you've finally come clean with the Board ;)
When are we leaving for Cuba?
And Investor Relations for WOLV is a gun toten pinko commie and part time tour guide for a Cuban Nudist colony.
Everyone that's critical of SRSR must have an agenda? Either a fictional short or a paid basher? Wrong.
SRSR was my first large penny stock investment and I follow this board for entertainment value and to remind me of a valuable lesson learned in July of 2009 when SRSR was pumped all the way to .20.
Sell into the noise and hype and don't listen to the "longs" cause they are selling into the run.
Those that are waiting for WOLV to start drilling again,know what you mean. Those with an agenda, are either clueless or malicious. My Hell's ANgels connections are everywhere.
There's never been toxic financing here. Funds have been raised through PP, close to the current market price. Toxic financing is converting at huge discounts.
You know, like .005 per share debt conversions, when the current PPS is .10-.18, lol?
You get what I'm saying.
SEC Microcap Fraud-Fighting Initiative Expels 379 Dormant Shell Companies to Protect Investors From Potential Scams Massive Trading Suspension Is Largest in Agency History
FOR IMMEDIATE RELEASE 2012-91
Washington, D.C., May 14, 2012 — The Securities and Exchange Commission today suspended trading in the securities of 379 dormant companies before they could be hijacked by fraudsters and used to harm investors through reverse mergers or pump-and-dump schemes. The trading suspension marks the most companies ever suspended in a single day by the agency as it ramps up its crackdown against fraud involving microcap shell companies that are dormant and delinquent in their public disclosures.
Additional Materials
Trading Suspension Order :
http://www.sec.gov/litigation/suspensions/2012/34-66980-o.pdf
Investor Bulletin: Trading Suspensions:
http://www.sec.gov/investor/alerts/tradingsuspensions.pdf
Microcap companies typically have limited assets and low-priced stock that trades in low volumes. An initiative tabbed Operation Shell-Expel by the SEC's Microcap Fraud Working Group utilized various agency resources including the enhanced intelligence technology of the Enforcement Division's Office of Market Intelligence to scrutinize microcap stocks in the markets nationwide and identify clearly dormant shell companies in 32 states and six foreign countries that were ripe for potential fraud.
"Empty shell companies are to stock manipulators and pump-and-dump schemers what guns are to bank robbers — the tools by which they ply their illegal trade," said Robert Khuzami, Director of the SEC's Division of Enforcement. "This massive trading suspension unmasks these empty shell companies and deprives unscrupulous scam artists of the opportunity to profit at the expense of unsuspecting retail investors."
Thomas Sporkin, Director of the SEC's Office of Market Intelligence, added, "It's critical to assess risks to investors in the capital markets and, through strategic planning, develop ways to neutralize them. We were able to conduct a detailed review of the microcap issuers quoted in the over-the-counter market and cull out these high-risk shell companies."
The SEC's previously largest trading suspension was an order in September 2005 that involved 39 companies. The federal securities laws allow the SEC to suspend trading in any stock for up to 10 business days. Subject to certain exceptions and exemptions, once a company is suspended from trading, it cannot be quoted again until it provides updated information including accurate financial statements.
Pump-and-dump schemes are among the most common types of fraud involving microcap companies. Perpetrators will tout a thinly-traded microcap stock through false and misleading statements about the company to the marketplace. After purchasing low and pumping the stock price higher by creating the appearance of market activity, they dump the stock to make huge profits by selling it into the market at the higher price.
The existence of empty shell companies can be a financial boon to stock manipulators who will pay as much as $750,000 to assume control of the company in order to pump and dump the stock for illegal proceeds to the detriment of investors. But with this trading suspension's obligation to provide updated financial information, these shell companies have been rendered essentially worthless and useless to scam artists.
"This mass trading suspension is an effective and novel way for the SEC to neutralize potential threats to investors," said Chris Ehrman, Co-National Coordinator of the SEC's Microcap Fraud Working Group. "With the ability to leverage staff expertise throughout the agency's offices and divisions, the Working Group is uniquely positioned to take on risk-based matters like these and focus resources where they are needed most."
This SEC enforcement effort has been led by Mr. Ehrman, Robert Bernstein, Jessica P. Regan, Leigh Barrett, and Megan Alcorn in the Office of Market Intelligence along with Microcap Fraud Working Group staff from each of the SEC's regional offices: Tanya Beard, David Berman, Sharon Binger, Melissa Buckhalter-Honore, Lisa Cuifolo, Tracy Davis, Elisha Frank, Kurt Gottschall, Lucy Graetz, Jennifer Hieb, C.J. Kerstetter, Victoria Levin, Aaron Lipson, Michael Paley, Farolito Parco, Jonathan Scott, and Lauchlan Wash.
The SEC appreciates the assistance and cooperation of the Federal Bureau of Investigation's Economic Crimes Unit.
http://www.sec.gov/news/press/2012/2012-91.htm
lol..who sells at .003?
Cameroon Marketing Advisors and those that got in this POS at .001?
hey, that's a triple for them.
Yes, a pool near San Diego!
Digging Swimming Pools??? That makes sense ... certainly they aren't working at Cinco.
LMAO
jmo
Wonder who is behind Cameroon Marketing Advisors?
I'm sure they hope to recoup their $50K investment by selling shares to the fools that are buying.
WSICI has been compensated Fifty Thousand Dollars ($50,000.00), by third party Cameroon Marketing Advisors Inc., who is a non-affiliated and may hold a significant position in the stock.
--------------------------------------------------------------------------------
Down 42%! The paid pump says .20. LOL
I guess $50K used for pumping and not mining "gold."
Well, you had the paid pump and now peeps are dumping. What else is new with this POS.
No gold, no mines not even a decent pump campaign.
This
profile is not without bias, and is a paid release. To comply with Section 17(b) of the Securities Act of 1933, WSICI is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for Southridge Enterprises Inc. (PINKSHEETS: SRGE), WSICI has been compensated Fifty Thousand Dollars ($50,000.00), by third party Cameroon Marketing Advisors Inc., who is a non-affiliated and may hold a significant position in the stock.
Additionally, Mathers Research has initiated research coverage of Southridge, with a “Speculative BUY” Opinion and a near term price target of $0.20 cents per share. The Mathers Research report is available as a free download on the Mathers Research Website @ mathersresearch.com/srge-report
YOu telling me how legit mining companies work?
SRGE is a pump and dump. That's what you've been saying for a while now. Why else would SRGE hire a pump rag to tout it.
All of a sudden you saying SRGE will drill?
SRGE nothing but a good ol pump and dump.
More bi-polar logic! If SRGE has the goods, it doesn't need to pay pumpers to promote it. It would use the money to actually drill for gold. This scam is just a good ol pump and dump!
Except, they don't even have the money to pay you, thier IR.
Too funny. Wait to buy SRGE at .0006 and wait for the next pump?
http://www.extremevaluestocks.com/value-stock-quotes/SRGE.html
SRGE, is a shell and a scam. First in the energy biz, now the gold biz.
It's the same old same old.
Like you said momo, you're expecting more pump money to flow in and maybe pay you too for your IR work, no?
It's just a pump....always had scammy past and continues in that direction. SEC moves in mysterious ways and moves slowly.
The dump is coming too. Running out of promo money.
The SRGE scam is related to BGL per the mods.
Quote:
--------------------------------------------------------------------------------
Back in 2008, Southridge Enterprises Inc. (PINK:SRGE) executed a reverse split, along with a change of its symbol from SRDG to SRGE. This, however, was not the only time the company has changed its stock abbreviation.
It seems that the company was trying to wash some stains on its image by going through multiple symbol changes, hoping that eventually no one will bother to disentangle the knot, which leads to some intricate stories in the past.
To start with, an official 8-K report indicates that Mr. Alex Smid had been president and director of SRGE until 2007. This person has such an extensive dossier of illegal activities that it will take a novel to encompass all the scams he had been involved in. According to the words of an investor, who says he knows Alex Smid firsthand, the latter is a seasoned criminal involved with the Mexican and Russian Mafia whose unscrupulous practices date back to 1980. His criminal feats include extortion, blackmail, loan sharking, counterfeiting, prime bank fraud and identity fraud.
In March, 2010, a Canadian judge issued an arrest warrant against Mr. Smid on accusations of tax evasion and tax fraud. Due to the publicity, which the process attracted, it turned out that Alex Smid had been an officer or director of several microcap companies, none of which "is showing any signs of life".While, seemingly this is not the end of the shady story of Alex Smith, SRGE has actually shown some signs of life recently. It cannot be overlooked that a company with such kind of past has been the object of a quite expensive promotional campaign which started at the beginning of this week. The compensation which each individual promoter received for the advertising of SRGE sums up to at least $300 thousand.
To cut a long story short, it should already be apparent that investors need to approach SRGE stock with an utmost caution. Given the company's inglorious past, the fact that it has been marked caveat emptor and that not a single piece of official information has been published for two years, it should be clear that the recent news combined with the massive promotion smell of another pump and dump scheme aimed at the unsuspecting investor.
/quote]http://www.pinkinvesting.com/article/view/Southridge-Enterprises-Inc.-SRGE.PK-The-Former-Puppet-Of-A-Seasoned-Criminal_747
The scam with a long history of scamming and ties to the mafia.
Back in 2008, Southridge Enterprises Inc. (PINK:SRGE) executed a reverse split, along with a change of its symbol from SRDG to SRGE. This, however, was not the only time the company has changed its stock abbreviation.
It seems that the company was trying to wash some stains on its image by going through multiple symbol changes, hoping that eventually no one will bother to disentangle the knot, which leads to some intricate stories in the past.
To start with, an official 8-K report indicates that Mr. Alex Smid had been president and director of SRGE until 2007. This person has such an extensive dossier of illegal activities that it will take a novel to encompass all the scams he had been involved in. According to the words of an investor, who says he knows Alex Smid firsthand, the latter is a seasoned criminal involved with the Mexican and Russian Mafia whose unscrupulous practices date back to 1980. His criminal feats include extortion, blackmail, loan sharking, counterfeiting, prime bank fraud and identity fraud.
In March, 2010, a Canadian judge issued an arrest warrant against Mr. Smid on accusations of tax evasion and tax fraud. Due to the publicity, which the process attracted, it turned out that Alex Smid had been an officer or director of several microcap companies, none of which "is showing any signs of life".While, seemingly this is not the end of the shady story of Alex Smith, SRGE has actually shown some signs of life recently. It cannot be overlooked that a company with such kind of past has been the object of a quite expensive promotional campaign which started at the beginning of this week. The compensation which each individual promoter received for the advertising of SRGE sums up to at least $300 thousand.
To cut a long story short, it should already be apparent that investors need to approach SRGE stock with an utmost caution. Given the company's inglorious past, the fact that it has been marked caveat emptor and that not a single piece of official information has been published for two years, it should be clear that the recent news combined with the massive promotion smell of another pump and dump scheme aimed at the unsuspecting investor.
/quote]http://www.pinkinvesting.com/article/view/Southridge-Enterprises-Inc.-SRGE.PK-The-Former-Puppet-Of-A-Seasoned-Criminal_747
Once a scam, always a scam......Let the dumping commence!
Government Officials Seeking Vancouver Stock Promoters
- 3/29/2010 10:15:03 AM
A Robson Square Provincial Court judge has issued an arrest warrant for former Vancouver stock promoter Alex Smid, who has been charged with four counts of tax evasion and tax fraud. The offences were allegedly committed from 2002 to 2004.
According to his blog, Smid has worked as chairman of International Capital Investment Group Ltd. from 2001 to at least last year.
This company's stated purpose is rather vague, and I could not find any other reference to it on the Internet. It is based in Newport Beach, Calif.
During the past decade, Smid has also served as an officer and director of several junior companies, most notably as president of Southridge Enterprises Inc. during 2006 and 2007. Southridge was purportedly developing ethanol plants. This company was listed on the OTC Bulletin Board in the United States, then relegated to the lowly Pink Sheets after it failed to file financial statements. It is not showing any signs of life.
As evidenced by a slick photograph that appears on his website, 37-year-old Smid fancies himself as one cool dude: "I'm in the middle of several large projects right now, so my time is limited," he states on the site. "Anyone requiring immediate financing assistance can contact my executive personal assistant Frank Turner at our Newport Beach office. Only projects in need of $20 million or more will be considered."
His website is also sprinkled with quotes such as, "A million here, a million there, and pretty soon you're talking about real money" -- which he attributes to himself, but is a variation of a quote from late U.S. senator Everett Dirksen.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57777075
You mean paid pump city? Seeing is believing. This scam must have a paid pump cause it has no mines, no gold, no nothing. Just "third" parties who may or may not pay $$$$ to pump this POS.
You mean market awareness campaign! third party has already paid $50k cash to WSIN that we can all see was disclosed
APS jumping on SRGE train will likely cost third parties around $500k for starters
got a pm last night saying that hard mailer was rolling out 2, looking into that further though, but if a go those things run from $800k-$1,000,000 to send out
with that kind of $$$ in marketing expect the stock to explode to $1.00!!!!
You got that right, mate! This scam must have a paid promo to get it going. Where's the money for the paid promo coming from? How are they gonna pay you to pump it? In shares?
Paid promo is going to take this stock to $1.00 and nothing can change that! LOL
So, how much will they devote to the pump campaign? No money for a pump means this scam goes nowhere. Don' t tell me you think they have gold? LOL
SRGE will be the Monster Stock of the SUMMER!
mark my words!
SRGE's IR doing business as Minera San Jorge
Guess who that poster is on this board!
George Salizar d/b/a/ Minera San Jorge, S.A. de C.V signed a joint venture agreement with Bandera Gold, Bandera completed all the requirements of the J/V including spending $7,000,000 in exploration fees to obtain the property. George Salizar has reneged on the deal and has folded the company into a pink sheet shell by the name of Southridge Enterprises, Inc. (SRGE)
(the long version)
Bandera Gold Ltd. (“Bandera” or the “Company”) was incorporated on November 23, 1993 pursuant to the Alberta Business Corporations Act, is listed on the TSX Venture Exchange and trades under the symbol BGL.
The Company signed an Option Agreement with Minera San Jorge, S.A. de C.V (MSJ) to acquire a 60% interest in the Cinco Minas and Gran Cabrera Mexican mining properties (the “Properties”) by making option payments of $300,000, issuing 2,800,000 common shares of the Company to MSJ and providing financing of $5,600,000 for Cinco Minas which has been fulfilled, and a commitment of $2,000,000 for Gran Cabrera to MSJ over a five year period for the exploration and development of the Properties.
The Company has now made all of the option payments, met its entire financing requirement on the Cinco Minas property and issued and delivered 650,000 common shares to MSJ on April 4, 2006. The Company issued an additional 900,000 common shares on April 10, 2007 and will deliver the shares to pending resolution of the MSJ lawsuit. The Company will issue an additional 1,250,000 common shares to MSJ one year after the approval of the Joint Operating Agreement.
As of November 30, 2011 the Company is still in the process of protecting its’ interest in the Cinco Minas and Gran Cabrera mining properties in the Mexican courts.
A ruling in favor of the Company by the Federal Court will affirm the Company’s ownership interest in the mineral property and amounts will become due in order to put the concessions in good standing; however as the amounts are not determinable no accrual has been recorded in these interim consolidated financial statements. Should the ruling be in favor of the defendant, the Company would be required to recognize an impairment charge on the property for $9,601,891.
Opinion:::: George is screwed for selling a property he already optioned and is desperate.
Who's dumping shares?
Chart looks pretty pathetic with no more money in the pump machine this POS is going nowhere fast.
Will try to fend off any incoming.................
Have fun.
Most would agree with you that it is a scam.
The issue is, will there be another paid pump blast.
With no paid blasts, the pps stays flat.
Talk to MomoR he would know of any more pumps that are in the works.
Really, he has listed SRGE as a client in his IR disclosure, and seems to know so much about the pr's before they are released.
So, how much is SRGE gonna spend on its pump campaign? If this is it, the pump is fizzling.
Let's get going and pump this POS!
Do you think there is more to the awareness campaign?
SRGE will need to spend more pumping this. So far, only $50K was spent.
How much of that $50K went to MomoRaptor as paid IR for SRGE?
Peeps need to know the full extent of the pump budget, otherwise could be a one day wonder.
From MomoRaptors IR disclosure info:
MoMoRaptor may independently purchase in the open market any security it is discussing and thereafter conduct further purchase and sale activities of the same security, before, during or after our actual publication of the Information regarding the Issuer. The cash source of my buying/selling activities may be the cash fees that we receive as compensation for the awareness I am providing. My trading activities (as well as those of any third party shareholder) can directly influence the market price and liquidity of the security. This should be taken into consideration before deciding to invest in any company/security we are profiling.
SOUTHRIDGE ENTERPRISES INC. - Compensation to date: $0
We all know this is a scam, however, Momo R told us there was a $50K pump on.
Do you think someone is dumping his free shares on us?
NOPE ... Confirmed with Mexican Mine Registry and verified that SRGE has no concession titles.
Multiple confirmations on this fact.
jmo
Listen Pal, we all know this is a scam. What matters is that there's a play on this and $50K has been spent to pump it.
Make sure you take your 20% profit and then dump it on the next sucka.
You heard this from SRGE's paid IR. The awareness pump is on!
$50K pump campaign. Money used for pumping and not drilling.
Hurray up and make a 20% gain while you can, before peeps dump their free shares on you. You can make money on pumps. Just make sure you take your profits now, before the selling starts.
Just the beginning of a huge market awareness campaign! expect BIG money to flood SRGE gates!
What a POS. Had to pay $50K for this pump campaign.
The dump is = WSICI holds all of those shares as of this release, but intends to immediately begin selling its shares as this release is being circulated
http://wallstreetinvestornews.com/southridge-ramps-up-exploration-targeting-80-of-unexplored-vein-system-at-cinco-minas/
http://wallstreetinvestornews.com/disclaimer/
” This profile is not without bias, and is a paid release. To comply with Section 17(b) of the Securities Act of 1933, WSICI is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for Southridge Enterprises Inc. (SRGE:PINKSHEETS), WSICI has been compensated Fifty Thousand Dollars ($50,000.00), by third party Cameroon Marketing Advisors Inc., who is a non-affiliated and may hold a significant position in the stock. WSICI holds all of those shares as of this release, but intends to immediately begin selling its shares as this release is being circulated.
Fools Gold Fools gold = to da moon. not.
The pump is on, is it?
When does the dump cometh?
Any one that believes that SRGE has a confirmed resource estimate of 235,000 oz of fools gold, needs to go talk to the Tooth fairy for investment advice.
VSUT looking good.
Hey Momo,
Why don't you reveal the charges for fraud filed against you for your involvement in fraudulent penny stock activities?
This is relevant in that you are IR for SRGE and have made all sorts of claims, but failed to disclose that you had to resign from the Arizona state bar. Tell the board the deal you cut.
Woof
Nice little pump and dump scam over here at SRGE. The p and d is run by an IR dude with only 11 followers on the Hub.
He has zero cred and is actually a disbarred attorney.
So what.
I own a gazillion shares and I'm a law abiding citizen.
What is your point?
Agreed. Triple 000's here we come!
NOPE
... NO PROOF of SRGE owning anything.
NO Mexican Mining Registry documents to prove it.
Just more Hoax Stories that are really very ludicrous.
lolol
jmo
I wish I stayed in. This will go beyond 10% gains imo.
I sold because I was impatient.
Thanks to you, I bought ALXA.
Thanks to me, I got out two days ago. You just have to laugh at this point. I sure do know how to exit a stock. Not.
So, what does that prove? Yawn.
You make this prediction as part of SRGE's uncompensated awareness campaign?
As you said, you are SRGE's IR, that has yet to receive any payments, hence your disclosure on the HUB is at zero.
Zero as in zero value, zero company and zero assets.
Correcto......the Hell's Angels know how to run successful pump campaigns.
Yeah, I might buy a Fat Boy with my earnings! LOL
If hells angels where involved here( laughing while I am actually typing it )..... we would not be at .01 cent and limping along .
We would be all wearing diamonds.