Southridge Enterprises Inc (SRGE)

[Dobie Lama]

Once a scam, always a scam......Let the dumping commence!

Government Officials Seeking Vancouver Stock Promoters

- 3/29/2010 10:15:03 AM

A Robson Square Provincial Court judge has issued an arrest warrant for former Vancouver stock promoter Alex Smid, who has been charged with four counts of tax evasion and tax fraud. The offences were allegedly committed from 2002 to 2004.

According to his blog, Smid has worked as chairman of International Capital Investment Group Ltd. from 2001 to at least last year.

This company's stated purpose is rather vague, and I could not find any other reference to it on the Internet. It is based in Newport Beach, Calif.

During the past decade, Smid has also served as an officer and director of several junior companies, most notably as president of Southridge Enterprises Inc. during 2006 and 2007. Southridge was purportedly developing ethanol plants. This company was listed on the OTC Bulletin Board in the United States, then relegated to the lowly Pink Sheets after it failed to file financial statements. It is not showing any signs of life.

As evidenced by a slick photograph that appears on his website, 37-year-old Smid fancies himself as one cool dude: "I'm in the middle of several large projects right now, so my time is limited," he states on the site. "Anyone requiring immediate financing assistance can contact my executive personal assistant Frank Turner at our Newport Beach office. Only projects in need of $20 million or more will be considered."

His website is also sprinkled with quotes such as, "A million here, a million there, and pretty soon you're talking about real money" -- which he attributes to himself, but is a variation of a quote from late U.S. senator Everett Dirksen.






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