Southridge Enterprises Inc (SRGE)

[Anticipating]

NOT SO FAST! TERMS OF SRGE ACQUISITION AGREEMENT HAVE NOT BEEN DISCLOSED, WHICH BTW WOULD MORE THAN LIKELY INCLUDE SRGE THE COMPANY AND ITS SHAREHOLDERS BENEFIT OF THOSE TERMS! HIGHLY DOUBT MSJ WAS GIVEN SAID ASSETS ON A SILVER PLATTER! LMAO!

Acquisition Definition:
The purchase of one corporation by another, through either the purchase of its shares, or the purchase of its assets.

Asset transactions
When a buyer acquires the target company’s assets, the transaction occurs between the buyer and the target company. Accordingly, the consideration is paid to the target company for its business assets and liabilities. The target company can liquidate, dissolve, or otherwise cease to exist, such that the proceeds are distributed to the equity owners after the transaction is completed,

What Is Equity?
Equity is typically referred to as shareholder equity (also known as shareholders' equity) which represents the amount of money that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company's debt was paid off.