Southridge Enterprises Inc (SRGE)

[rbtree]

Wrong again. This barely trades because there are no new investors dumb enough to buy in, and most longs are also in that category, as they are deluded into thinking there is something good coming... which will NEVER happen.

Days after the SEC temporary suspension, I predicted SRGE would never be heard from again. And, save for one PR that could never be verified (and a bunch of lies from MomoCraptor), that remains the case.

Speaking of the suspension, the SEC only has the power to suspend for 10 trading days. Period. No such thing as a CTO with pink companies turned grey. And since SRGE deregistered their stock years ago, they cannot be revoked. Finra could delist the trading symbol, but they rarely do that unless the stock essentially never trades. SRGE does, sporadically, of course.

Last, the size of the "float" and o/s is unknown for sure, but it very well could be nearly 2 billion shares. It was obvious, from the big volume in the weeks leading up to the suspension, that dilution was occurring. And, as the transfer agent was gagged, there was no way to confirm the o/s and float.
The number shown at OTCM wasn't accurate, as it was supplied by whoever it was who was masterminding the so called company.

As far as refusing to sell goes, good luck even finding a buyer...... now and then, this trades, probably meaning some sucker decided to add to his position.