Southridge Enterprises Inc (SRGE)

[nodummy]

Here is a very important lesson in pink sheet stocks.

The CEO is rarely the person that controls the shell. Penny stock CEO's are often just puppets being told what to do by the people that really control the shell. Sometimes like in the case of SRGE they are just made up characters.

Most pink sheets stocks are actually controlled by people in the background that are not signing the corporate actions as the CEO. These people are usually the ones that control the debt, control the voting rights through majority share ownership (sometimes through preferred shares), or own the shell, but have chosen to hide in the background where they will draw lesson attention especially if the shell is being used for insider enrichment or security's fraud.

Mr. Alex Smid may have resigned as the CEO of SRGE back in 2007, but this never stopped being his shell.

Mr. Alex Smid currently owns over a $1,000,000 in debt in this shell.

My past research showed that in the fall of 2010 when this shell was brought back to life it was Alex Smid who was involved in setting up the website and putting together the plagiarized fake officer bios and plagiarized press releases. I am sure he has involved in setting up the fake financing agreement much like he did with SAEI.

I am sure that Mr. Alex Smid has continued to stay involved orchestrating all the misleading statements about activity at the mines. I am sure that Mr. Alex Smid is quarterbacking this SRGE pump which includes the feeding of insider information (false/misleading insider information at that) to IHUB members just like he did with the SAEI scam.