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Isn't this company a Suspatcha Resources retread? Same scheme, some of the same players at one time but a few new faces and a few twists to cover up their tracks, but in substance, the same exact ploy.
And for what it's worth, you can't swing a dead cat without hitting a pink sheet claiming an uplisting effort, unsolicited bid and a dividend to follow. It's been used so many times you would think people would have caught on by now.
Guess not.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59065471
The connections and similarities are undeniable right down to using plagiarized bios for the management teams, press release.
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Southridge Enterprises Inc (SRGE)
Plagiarized Management Team:
http://www.atomicbobs.com/index.php?mode=read&id=581525
More on the connections between Southridge Minerals and Kenneth Eade:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58111645
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
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buybio, I'm interested. But before you begin your lecture, you may want to ask Janice Shell what and how I trade. Give you the slightest of a hint. I don't traded pink or any other otcbb trash.
Question: What front month contract for futures are we in if we "rolled" today as of today?
Should be old hat for a commodities futures expert announcing her lecture series.
If Cramer happens to mention this POS, you cannot imagine my surprise. I equate it to how surprised I might be if I were to wake up with my head sewn to the carpet.
Bags! You got it! And the purported CA allows them to go mum until the imaginary NYSE company pulls out. Did they lie. No! Because they didn't promise squat and of course supplied the CYA standard disclaimer that essentially absolves them of any responsibility.
Pretty standard of gold mining scams. Wish I could publish the list of companies that have employed the same game.
Bid Whack ask Slap give a dog a bone, this old man is going down. .0035 by Friday.
Book it!
.0063 printing .0056 coming soon. I guess the argument over the meaning of engaged and hired has been settled with some sense of finality.
LOL
Something isn't right. Magna supposedly has been engaged to facilitate the uplisting process..."Firstly and with respect to the recent announcement involving Magna Group Capital Management, LLC., the Company has been engaged with Magna regarding their services to facilitate our up-listing process to the OTCBB and has received a term sheet from Magna. The Company is obligated to supply Magna with a number of due diligence items in order to satiate Magna's requirements to proceed with the up-listing process.
Doesn't sound at all like Magna has any relationship with SRGE because "at this time" is a direct contradiction of the notion that they are purportedly requesting info. from SRGE. And now, it is a matter in the public domain insofar as SRGE published it in a press release and there is no logical rationale for Magna to disavow any relationship.
More lies from SRGE? Looks like it.
Chiron, perfectly stated. Gagged TAs are unheard of in the world of legitimate companies.
That revelation puts the fear of god into many an astute trader.
Wouldn't touch this with found money.
I have boardmarked this stock because I am a big believer in the notion that this stock will implode into a subpenny warmed over piece of pump and dump junk like just about 99.99999% of every other pink sheet lighter-than-air company that has crashed and burned since the advent of online stock trading. I'm not saying it will be a straight line to its ultimate demise, but sure as the sun sets in the west, this too will be a waste land of failed promises and more shares of stock than there are stars in the universe. And that's only if you are not hit with the dreaded much used reverse split technique so often employed by stumble bum management to purportedly restore shareholder value.
Uplist soon?? My foot!
Nitwit, a .20c a share dividend from a stock with a current inside bid of .0091? Good lord where have we heard that crapola before (FFGO). Throw in an uplisting effort and you have all of the hallmarks of a typical pink sheet pump and dump.
So funny.
How does anyone get excited about a stock that has traded all of about 1100 dollars today? There has got to be more skill here that can make that much money in a matter of minutes. Trade futures or something but this sit and wait idea is for the birds.
Sleep. Not true. PN=Pretty Neat CE=Capital Explosion. These symbols are usually reserved for securities on the verge of taking off to the moon.
DOWJONES
SEC Charges Major Accounting Firms' Chinese Affiliates With Blocking
Fraud Investigation
SEC Charges Major Accounting Firms' Chinese Affiliates With Blocking Fraud
Investigation
Last Update: 12/3/2012 12:24:31 PM
By Saabira Chaudhuri
The U.S. Securities and Exchange Commission has charged the Chinese affiliates of
several major accounting firms with violating U.S. securities laws by refusing to
produce audit work papers and other documents related to China-based companies
under investigation for potential accounting fraud against U.S. investors.
The five firms charged are Deloitte Touche Tohmatsu Certified Public Accountants
Ltd., Ernst & Young Hua Ming LLP, KPMG Huazhen, PricewaterhouseCoopers Zhong Tian
CPAs Ltd. and BDO China Dahua Co.
According to the SEC, its investigators have been making efforts for the past
several months to obtain documents from these firms, which have "refused to
cooperate." The audit materials are being sought as part of SEC investigations
into potential wrongdoing by nine China-based companies whose securities are
publicly traded in the U.S.
"Only with access to work papers of foreign public accounting firms can the SEC
test the quality of the underlying audits and protect investors from the dangers
of accounting fraud," said Robert Khuzami, director of the SEC's division of
enforcement. "Firms that conduct audits knowing they cannot comply with laws
requiring access to these work papers face serious sanctions."
The SEC has been cracking down on accounting fraud, and to date has deregistered
the securities of nearly 50 companies and filed fraud cases against more than 40
foreign issuers and executives.
Earlier this year, the SEC announced an enforcement action against Shanghai-based
Deloitte Touche Tomatsu for refusing to produce documents for an SEC
investigation into one of its China-based clients. That proceeding is ongoing.
investigation into one of its China-based clients. That proceeding is ongoing.
Write to Saabira Chaudhuri at saabira.chaudhuri@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
December 03, 2012 12:24 ET (17:24
Wow, poor fozzy, he took a bath!
Someone who got them for free...like say Nunez.
I have to laugh! You know, cuz like this was predicted long ago. Nunez needs to have money for black friday!!!!!!!!!!!!!!!!!
Rocket, just so you know, anytime a stock hits a 52 week high, the first thing a stock analyst pounces upon in order to determine whether the new high is a reliable indicator of how the market sees the stock is on what volume did this 52 week high occur as a percentage of the O/S.
Get you calculator out. Be sure to increase the precision beyond 5 decimal points.
Note to self...any stock that trades less dollars than I have in my checking account for the entire trading day avoid like the plague.
Noted!
Somebody paints a 66 buck trade to save the day. Over priced junk at any bid.
Rocket...Stocks I trade never have that problem. And anything I trade better have an active options chain or I don't trade it. Stocks I trade also have to have daily volumes measure in dollars of at least 30 to 40 million or I won't trade it. Minimum buy in including effect of a buy/write combo buy stock sell call no less than 20k.
I guess that excludes every POS that trades on the pinks.
Learn it! Live it! Become wealthy!
Vincal! Bingo! Is there really any reason to continue along this asinine line of reasoning that a supposed shipment is still unaccounted for. Occam's Razor, the simplest explanation is usually the correct one. There isn't a shipment. Never was, never will be.
Good Lord! I mean the CEO is the can! What more does any reasonable man need to concluded this was just another pink sheet stock flim flam?
Move the f on!
That's why we have a beautiful thing known as the stock market, one of the most amazing crowd sourcing price discovery mechanism the world has ever seen. And it has appropriately pronounced this stock worthless and devoid of merit as the complete lack of meaningful volume would suggest. No one needs to prove otherwise. The verdict is in. And just because it has a bid doesn't mean a hill of beans if only a mere couple a grand trade which is a micro pittance compared to its computed market cap. And for Christ sake there are 4.3 billion shares of this junk out there. I don't care who you are, that is just way too much paper representing absolutely nothing but message board hogwash. It is de facto worthless!
Sorry Rocket, there really never is a right time to buy a scam.
Book it! Live it! Become wealthy!
And if the CEO in the cooler doesn't qualify this so-called stock a scam, then what in christ will?
Despite this apparent "flurry" of volume, it still only manages to be less than $2k. When I think of the stock market, this volume hardly qualifies as a stock, let alone a market.
No volume, CEO in the clink, dated photos, yeah recipe for success alright.
No doubt, with so many high frequency trading platforms employed by just about every major investment house combing the market at the speed of light to find undervalued opportunities, it seems their algorithms excludes fetid junk.
Only hope now is if one of those high frequency trading platforms to get infected by a virus that deletes the trading filter that ignores
pieces o shite. @if(SYM="CWRN",ignore,{#insert malicious script#}trade like hell)
LOLOLOL
not even with found money.
Holy crap, would you want him back?lOLOLOMFGUFBLALAL
GOOG Halted after 9% drop. GOOG options if you have the stomach. 68 point selloff way overdone.
Love the one year chart. Turdplosion! It wreaks of failure.
maddog, save your money and buy mining claims on ebay. Eliminate the middleman, especially when the middle man is POS otc stock.
maddog, and don't forget, mining claims are for sale on ebay. Bid early and often. You just might pick up some cheap mining claims and then form your own pink sheet stock with billions of A/S. Learn how to write press releases to make them sound like they're worth millions and there ya go, you just pulled a Lumb Job. You should be successful too because from the looks of it, the ranks of the gullible seem to be ripe with marks as far as the eye can see.
http://www.ebay.com/sch/i.html?_sacat=0&_nkw=mining+claims&_nkwusc=miming+claims&_rdc=1
bearbear, yeah, that's a real head scratcher. Maybe the CEO in the klink has chilled the interest of people with a modicum of common sense.
That'd be my guess.
Janice, Wow, then what's all the fuss this micocaps chap is raising? This so-called stock is a stillbirth POS.
Questions?
Anvil, you would think that a revocation motion would be quickly in the offing, you know, to protect unsuspecting investors who may be unaware of the legal action against the freakin CEO and essentially the company. I wonder how long before they finally get around to it. Year, 2 or maybe 3?
Pretty damning stuff. That would put the kibosh on any notions I may have entertained to buy even a paltry sum of these shares. Wouldn't put a thin dime into this stock flim flam. And by the looks of it, few are.
Off 52% Bwahahahahahah. Love this stock!
Great, legal opinion letter authorizing the company to tell shareholders squat!
Wouldn't touch this POS with found money.
82 bux, that's it?!?!?!?!!? What kinda POS is this? What a joke. Avoid like the plague.
No shi-, How about putting in a 10K or a 10Q. Yeah right!
Don't hold your breath for that to happen. Better to just let em spit on your cupcake and call it frosting. After all you all have been through, I wouldn't trust this bunch as far as I could throw em.
Hey Moe!