Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I wish IHUB allowed you to place bets cuz I'd bet everything I own this one is over!
Why is this PR only on their webpage and not in any newsfeed Momo? They couldn't sell any shares today in the market to pay for the PR, is that it?
Momo, I'm already up 2 nothing. Let's make it 3 nill. I say triple zeroes or permanent halt or grey market before any of your wonderful past predictions like the SEC would never suspend SRGE and many more.
I especially like this post MOMO!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82799675
No way SRGE will come out of this alive. Mark my words and remember Karma is a bitch Momo! People aren't going to forget what you've done here on this board.
If the SEC had a copy of the paperwork as they stated in today's PR
and this documentation was valid, the why did the SEC halt them? Wouldn't this documentation prove everything was true and on the up and up? Makes no sense and they are going to get into a deeper hole for writing this. SRGE management should be in prison for writing this.
Do you think the SEC would be pissed if SRGE posted the latest news on the news feeds? Is this the reason why Davies only posted it on their website? Is their intention to mask or hide this news? I think so!
Honestly guys, would you or SEVERAL PARTIES contact a company suspended by SEC for issuing fake press releases and I quote from today's PR "The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.”
Wow several parties, there must be a lot of stupid people on this earth let me tell you.
Why has SRGE only issued this PR on their website and not in any newsfeed?
The latest SRGE news says this:
The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release.
Can anyone find this info?
News Releases
Southridge Issues Clarification of Kinross Agreements
DALLAS, Dec. 28, 2012 -- Southridge Enterprises Inc. (SRGE) ("Southridge" or the "Company") is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.
“While we are very disappointed that Kinross seems to be hedging their position, Southridge can verify any and all agreements and attributed quotations from the Dec. 26th news. “, said Michael Davies the President & CEO of Southridge Enterprises. The good news for investors is that in the wake of the recent news, several parties have already contacted Southridge regarding potential partnerships for Cinco Minas and Gran Cabrera.”
“We can only speculate as to the motives of Kinross, but it may be related to the fact that they do not want competitors or the market to know of their strategic positioning in Jalisco, Mexico. Perhaps they are looking to secure their position in the region, and do not want to invite a rush of competitors.”
The Company would also like to express that documentation regarding the engagement with Kinross was on file with the SEC prior to the December 26, 2012, news release. Southridge will be consulting with its legal counsel to pursue this matter through litigation and seek any damages incurred.
STLK
Most undervalued play IMO. Look at the market cap for this puppy. Can't get any lower and contracts and revenue to begin in 2013 with incredible management.
I might have to agree with you there!
My condolences John, doesn't look good for you and other SRGE shareholders. Even badder news is you can't sell if for a huge loss in 2012, now have to wait for April 2014 to claim it in your 2013 income tax return.
They don't have my money, I sold all my shares before it halted. The rest of the longs will be bagholders and get very little if anything of their SRGE shares when you decide to sell it if that's even possible in 2013.
Castell no way in hell SRGE will prove anything even with these high and mighty board of directors they have. Funny thing is their latest addition to the board is a congressman and I've sent him numerous emails to confirm if he was in the board and never responded nor does he show up on the Nevada SOS but that 1/2 billion share increase sure did show up just in time too before the SEC suspended them. They must have made a killing dumping all those shares the last couple of weeks and all it cost them was maybe $30,000 in dividend payments. Gotta hand it to them though, they made scamming investors an artform!
Everyone Sing this with me!
Na Na Na Na
Na Na Na Na
Hey Hey Hey
Goodbye!
Good DD always prevails!
Wait this Suspension is not true, the SEC got hacked too! BAHAHA.
Wake up people, it's over for SRGE! What a relief at least this prevents more people from getting scammed but good luck trying to recover any value of your remaining shares cuz if it ever trades again (I've seen stocks suspended then later pulled by SEC), you will see triple zeroes and most to all of your investment will be lost.
Happy New Year SRGE longs!
Did you read the reason why it got suspended?
And I quote from the sec document "The Commission temporarily suspended trading in the securities of Southridge because of questions regarding the accuracy of statements made by Southridge in press releases to investors concerning, among other things, the company’s business operations and arrangements, including certain claims regarding a joint partnership and an arrangement to obtain funding and to change the listing venue for Southridge stock."
They are questioning their concessions, those Magna and Kinross PRs. So both Magna and Kinross already admitted they have no business relationship with Southridge and when the SEC confirms all this what do you think is going to happen?
I know, it's called the Grey Market and a price of $0.0001 assuming it ever trades again. Things are looking very rosy for SRGE in 2013. This was a long time coming and good riddance!
SRGE has squat, no contracts, no concessions, no real CEO, no mines, no real offices (virtual ones only), no relationships with Magna nor Kinross nothing! Wait I was wrong, they do have something, a SEC suspension and possible jail time looming.
Funny thing is Kinross is not suspended. I wonder why that is? Maybe because they are a real company with mineral concessions and production that can be verified but what do I know right?
I am looking forward to Monday January 14th which is the first trading day when the temporary suspension ends as the truth will come out.
And where is that SRGE PR that IR promised in an email yesterday sent to numerous posters?
RVPL. No debt. Over 250 million projected in sales for 2013 and amazing share structure. Tons of contracts upcoming valued at over 1 billion and 8Ks have been filed for all this. One of the best pennies I've come across in a long time.
I just checked the financials. Is this company debt free?
I'm sure Davies will show the SEC everything is legit. And I also heard the world ended on Dec 21, 2012. Get real! This is over and done with. GOOD RIDDANCE!
Did I tell you. Quikfix 2, Momo 0
SEC suspends SRGE, finally!
Only a 12 million dollar market cap for this puppy!
How can you guys still believe in SRGE if they lied about everything like Magna and Kinross. Have we forgotten about Magna already who has denied having any business relationship with Southridge?
Keep believing those PRs, I'm sure that 0.20 divvy is right around the corner next to Davies' prison cell.
Did you guys notice the timing of events. At around the same time those shares increased (paperwork finally filed on Dec 6, 2012 on Nevada SOS) they had already begun to imply real companies in their PRs starting on Nov 28 with the Magna PR. Do you know why? I'm thinking, they started getting calls from the authorities and Davies said it's time to milk this cow and off they went selling off those shares and what better way than than to have the price increase since those PRs became more credible until they were verified and later denied by Magna and Kinross.
Something happened for them from going to vague in their PRs to plain stupid. I believe they know their time is up and so Davies and his crew are becoming opportunists now in my opinion. If you're gonna steal, steal big and end this with a bang!
Can't wait till tomorrow!
sterling, please remove this sticky as your DD is promoting a fraud.
How can you even post that Kinross JV BS that they have denied forcefully with tonight's PR and also yesterday. Where are those 2 Kinross rebuttal/denial PRs in your Significant DD? Is this what you do? You pick and choose what you want to put on it? TAKE IT DOWN please!
Please rename your sticky if you are not going to remove it as it not Significant DD as Significant DD contains VERIFIABLE facts (like what I've been providing from day one) not fake concession pics, misrepresentations, and fraudulent activity, and important PRs from real companies that have been neglected to be put on your "DD".
Sorry Terry, done!
It would be so hard to do....wait I found him owner of site.
http://www.whois.com/whois/mexicominingcenter.com
I'll see if he could put my fake mining company on his site and let you know what his asking price is. But of course this would be impossible to do according to you? I need to decide on a logo for my fake Mexican mining company....LOL
Davis/Davies/Smid or whoever he is probably paid off the owner of that website as it's not a government website as I heard corruption never takes place in Mexico. Can we move on please, next!
Read this post! http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57800992
Notice the Dump the Pump! You would expect SRGE to be able to afford real offices with all that gold producing revenue instead of hiding behind this virtual office! Why would they need a virtual office where they cannot be located in person? Hmmmm, I sure Kinross has a virtual office too HAHA. At least it only cost he SRGE shareholders $59 bux for a Live Receptionist per day I'm assuming.
Check this link too:
https://foursquare.com/v/moroch-partners--steve-jobs/4fa2e42ae4b0cceda9516f36
Notice the address? Same as SRGE. This gets funnier and funnier. Of course real companies like SRGE don't need real offices for all the real products they are producing. What a joke they have become!
sterling, please remove this sticky as your DD is promoting a fraud.
Copy of my phone bill log as promised. You will note the 9 minute conversation at 5:19PM Pacific time on Nov 26th (I live in the West) like my post # 67887 mentioned (note I posted this at midnight so date was Nov 27th on the post officially LOL). This is when I spoke to Armando the MMR director who confirmed fraudulent SRGE docs were circulating around. All the other calls (1 and 2 minute) were my attempts to Tatiana who never answered her phone. Just click on this link, click DOWNLOAD THIS FILE and follow instructions.
http://www.freefilehosting.net/pic_1
Unlike SRGE I don't lie and make crap up. Momo do you have your phone bill too? I'd love to see when you spoke to Tatiana.
Good post. I was the same way, I started as a long and the more and more I dug, the more it stunk and I am pissed at them for doing this as I would love to have retired! I will not stop until the SEC halts them, I am relentless.
OMG, like Journey once said "Don't Stop Believin'". I can't believe you would believe those scammers. Did you read and process what has transpired in the last week or so with Magna and Kinross. If you build it they will come HAHA! Believe them all you want. I would wish you good luck but it won't be good so I can't.
At least bags are worth something. SRGE shares will be worthless but to each their own, keep holding those shares. Let me know how you make out especially if you long SRGE as they sure look promising HAHA.
The SEC halt will even be older news in the foreseeable future. It will be halted, mark my words!
Of course they are not backing down, it takes a long time to dump 1/2 billion shares in the market. Should be done soon though!
What giant? Kinross, who denied everything tonight again with an exclamation point? Did you even read the PR? Please read the PR and use some logic in your statements.
I am sure Martin signed that agreement with SRGE (wink wink). I am surpised SRGE spelled his name right when they found him on the internet.
WallllStreetMyWay are u kidding me? This pumping has no merit any longer and must stop. This is ridiculous.
It's the other way around. SRGE lied so Kinross could sue SRGE for implicating them in a fake PR. Do you know what Kinross will get if they sue SRGE, nothing, by that time, the scammers would have hidden the cash, moved on, or be in prison.