InvestorsHub Logo
Followers 44
Posts 1556
Boards Moderated 0
Alias Born 05/23/2012

Re: None

Tuesday, 10/09/2012 4:33:54 PM

Tuesday, October 09, 2012 4:33:54 PM

Post# of 167964
News will be HUGE. The facts are all lining up. The buyback continues.

Sept. 19, 2012
To date, Southridge has bought back a total of 443,576,000 shares and is in process of retiring them to the treasury. The total outstanding shares will be 545,874,868 with a Public Float of 215,957,230 and Restricted shares 329,917,638.
"At this point in Southridge's development, it makes sense for us to continue to buy-back shares of the Company. In our opinion, the current share price and market capitalization of the Company does not reflect our recent corporate developments," said Davies, "which is why we feel the program offers value to our shareholders."

How many of these shares are retired? IMO the NEWS is just getting sweeter.

2012/10/08 18,305,294
2012/10/05 21,642,955
2012/10/04 8,639,906
2012/10/03 11,173,384
2012/10/02 21,883,003
2012/10/01 19,920,753
2012/09/28 17,969,881
2012/09/27 39,718,068
2012/09/26 28,422,604
2012/09/25 44,282,985
2012/09/24 29,964,369
2012/09/21 38,776,442
2012/09/20 36,254,460
2012/09/19 63,537,583
2012/09/18 22,453,012
2012/09/17 40,445,162


“An optimist is someone who goes after Moby Dick in a rowboat and takes the tartar sauce with him.”Zig Ziglar