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Should be .00015 by then. Massive dilution in the cards. Wait, watch and see.
Or maybe tank with 22 million added to the O/S since June? According to the Nevada SOS they added 200 million on 11/6/12. I'm sure that's not a valid site though. Let's see why would you reduce and then increase shares? Hmmmmmm........
Some old debts to pay off? They have some debt due now, some due later, some overdue, some they're trying to restructure and a share increase. Sounds dreamy. Should be at .05 in no time at all. Lolzzzzzzzzz
Without a share increase? Do you mean another share increase? They added 200 million last month. It doesn't appear they added enough to cover all the debts that are currently now and for the next six months. Sounds contradictory.
http://nvsos.gov/SOSEntitySearch/corpActions.aspx?lx8nvq=eTu5%252fYrtK5rChzh2vXwUqA%253d%253d&CorpName=DISCOVERY+MINERALS+LTD.
Leasing a lease. Sounds like a great plan. Or a company could wait for them to default and get it for a reduced price. How's that going to cover the debt the is due now and for the following six months?
SBRH huge buys coming in. Merger very close to done
SRGE is about to break loose
SRGE about to move north in a hurry.
SBRH merger news will be huge.
SBRH is going to be a major mover very soon.
The only thing they're "working on developing" is insurmountable debt. They don't have much work to do. Looks like its almost there already. Best part is it's all there to see. Page 14-15. Should be lots of shares for the tanking!!!
Not according to their Q. Where in there do you see $450k directed towards their lease? Looks like they have a long way to go towards that. Notice how most of the debt conversion is due this month through June of 2013? Look at page 15 of their last Q. Converts at .02 per share? With half share warrants at .10? The float is about to be in the billions. Good luck trending that water. Lolzzzzzzzz
Acquire $9.5 million for what? A $450k lease they're almost in default on? Lolzzzzzzzz
KMAG will never return from the greyzzzzzz. Banished for a reason. Never to return.
http://www.barchart.com/opinions/stocks/DSCR
Not looking good over here. Lots of money from financing? Financing what exactly? The last Q reads like a nightmare. Where's the new one? Looks a little overdue. Yezzzzzz or no?
DSCR going down in flamezzzzzz. Lolzzzzzzz
SRGE going to make big waves soon. I've never seen a stock been so negatively influenced by lies and deceit. Bashers are working 12 to 15 hour days over there. Why? The short position is tremendous. The covering catalyst is coming and when it does..........$$$$$$$ oh, and dividends are nice too!!!!
Burning house over here!!!!! Mayan fireballzzzzzz falling from the skies!!!!! Air sharezzzzzzz!!!!! Lolzzzzzzzz
This is going to be an epic rise. SRGE
Rome is burning!!!!!! Are they going to cover all of their air shares soon???? <(•¿â€¢)>
J/V and buy back news for chrismahanakwanza? HIMR!!!!
SRGE!!!!!! Long and strong!!!!
Southridge Declares Fourth Quarter Cash Dividend
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") 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. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
"We just posted our 4th Quarter Earnings, and felt that it was important for the company to reward shareholders in a timely fashion," said Michael Davies, President and CEO of Southridge Enterprises Inc. "The past year has been monumental for the Company, and getting our dividend distributed before the end of the year is a statement. We are very proud of all that has been accomplished over the past 12 months, and more importantly look forward to continuing our efforts build upon the foundation that was established in 2012."
Southridge Declares Fourth Quarter Cash Dividend
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") 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. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
"We just posted our 4th Quarter Earnings, and felt that it was important for the company to reward shareholders in a timely fashion," said Michael Davies, President and CEO of Southridge Enterprises Inc. "The past year has been monumental for the Company, and getting our dividend distributed before the end of the year is a statement. We are very proud of all that has been accomplished over the past 12 months, and more importantly look forward to continuing our efforts build upon the foundation that was established in 2012."
Prove it. SRGE
I smell bashers dragging the stock down with lies and deception.
Southridge Declares Fourth Quarter Cash Dividend
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") 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. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
"We just posted our 4th Quarter Earnings, and felt that it was important for the company to reward shareholders in a timely fashion," said Michael Davies, President and CEO of Southridge Enterprises Inc. "The past year has been monumental for the Company, and getting our dividend distributed before the end of the year is a statement. We are very proud of all that has been accomplished over the past 12 months, and more importantly look forward to continuing our efforts build upon the foundation that was established in 2012."
SRGE!!!!! Another dividend?!?!?!
Southridge Declares Fourth Quarter Cash Dividend
DALLAS, Dec. 18, 2012 /PRNewswire/ -- Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") 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. The dividend represents a payout of approximately 8% of the recently reported fourth quarter net income.
"We just posted our 4th Quarter Earnings, and felt that it was important for the company to reward shareholders in a timely fashion," said Michael Davies, President and CEO of Southridge Enterprises Inc. "The past year has been monumental for the Company, and getting our dividend distributed before the end of the year is a statement. We are very proud of all that has been accomplished over the past 12 months, and more importantly look forward to continuing our efforts build upon the foundation that was established in 2012."
That list is for delinquents. They are not on that list. SRGE!!!!
What does that link have to do with SRGE? They're not on the list.
SBRH .0006 break sends it screaming!!!!!!
I'm spreading the word!!!!!! SBRH!!!!!
SBRH 185k left at .0005. She's going higher!!!!! Could close above .001!!!!!
Gap filled, time to roll!!!! SRGE!!!!
SBRH J/V news and primed chart. .0005's hitting, up 66%. More gains on the way!!!!
SBRH chart is primed for a big move up!!!
SBRH J/V news!!! In late stage discussions with update to follow!!!!!
.0004's getting chewed up. SBRH!!!
Late stage discussions!!!!! SBRH!!!!!
SBRH J/V news out!!! Big move coming!!!